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Development/Redevelopment

  • Gordmans opens at Westridge Court

    Naperville, Ill. -- Centro Properties Group US announced that Gordmans opened a 50,000-sq.-ft. store at Westridge Court, located in Naperville, Ill.
     
    The new discount store opened on July 29, joining recently opened retailers Savers thrift store (38,490 sq. ft.) and Dots (4,466 sq. ft.).

    Westridge Court is owned by New York City-based Centro.
     

  • Subway opens 600 new locations over three months

    Milford, Conn. -- Subway Restaurants said Monday that its franchisees have opened nearly 600 new locations in 48 countries, 42 U.S. states and seven Canadian provinces over the past three months, bringing the total of new Subway restaurants to just over 1,200 for the year so far.

    The new restaurants account for 1.4 million sq. ft. of retail space.

  • Food Lion expands N.C. DC

    SALISBURY, N.C. — Delhaize America announced that it is expanding its Food Lion distribution center in Dunn, N.C.

    The company said the distribution center, which opened in 1987 and services 264 Food Lion stores in the area, will increase storage space by 54,000 sq. ft. to accomodate more than 4,000 refrigerated and frozen foods.

  • Whole Foods Market signs lease in Virginia Beach

    New York City -- Whole Foods Market plans to open a store in Virginia Beach, Va.

    The retailer recently signed a lease with S.J. Collins Enterprises for the construction of a 40,000-sq.-ft. store in the Hilltop section of Virginia Beach. It is scheduled to open by yearend 2013.

  • Gap Inc. lives 'la dolce vita' with new Rome flagship

    ROME — Gap Inc. announced that it will open its first Gap flagship store in Rome on Via del Corso, the city’s premier shopping district. The company said it expects to open the store on July 30.

  • Starbucks: Record Q3 prompts increased store openings

    Seattle -- Starbucks Corp. reported Thursday that it scored record results in the quarter ended July 3, prompting the retailer to accelerate its 2012 new store opening targets to 800 net new stores globally.

    Starbucks grew profits 34% in the third quarter, to $279 million from $208 million in the year-ago period. Sales rose 12% to $2.9 billion from $2.6 billion, topping Wall Street estimates.

    Same-store sales globally surged 8%, buoyed by a 6% increase in traffic and a 2% increase in average ticket.

  • Williams-Sonoma to open U.K. stores

    London -- A Friday report by the United Kingdom’s The Independent newspaper said that San Francisco-based Williams-Sonoma is planning a U.K. launch in 2012.

    The report said that the company has appointed a U.K. retail property agent and plans to open its first store in the first half of next year.

    Plans call for a London debut and the report said the retailer is seeking 5,000-sq.-ft. to 8,000-sq.-ft. spaces.
     

  • Westfield to manage new shopping precinct at New York World Trade Center site

    Los Angeles -- Westfield Group shopping center owner said in a statement that it has agreed in principle to joint-venture with the Port Authority of New York and New Jersey the new retail precinct at the site of the New York World Trade Center.

    Westfield, upon completion of the deal, would manage and lease out the retail space expected to open in early 2015.

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