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Development/Redevelopment

  • Walmart breaks ground on new supercenter

    Chicago -- Wal-Mart Stores said Monday it has launched site work for a new store in Chatham, Ill. The new superstore is expected to create 400 new jobs and open in spring 2012.

  • Ulta to open at Hall Road Crossing

    Shelby Township, Mich. -- Centro Properties Group US announced that Ulta will open a 9,405-sq.-ft. store at Hall Road Crossing, located in Shelby Township, Mich.

    Centro Properties Group, based in New York City, is the owner of Hall Road Crossing.
     

  • HomeGoods to open new store in Kohls Plaza

    New Milford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 28,000 sq. ft. for a HomeGoods store in the Kohls Plaza, located in New Milford, Conn.

    HomeGoods will be a part of Litchfield Crossings, which is a new, 282,000-sq.-ft. development that is being built by Scalzo Realty.

  • White House facilitates Walmart’s urban expansion

    Walmart is among a group of retailers who further aligned themselves with a key Obama administration initiative this week by committing to open more than 1,500 stores in urban and rural markets defined as food deserts. The initiative is part of the Obama administration’s Let’s Move! campaign designed to address the nation’s weight problem by improving access to fresh foods.

    Here are the facts:

    • Walmart will open between 275 and 300 stores in food deserts by 2016.

  • Turning the Page on Bookstores

    The current upheaval we’re experiencing with booksellers reminds me of those nature documentaries where the host talks about what happens when a giant tree in the forest comes crashing down, leaving a gaping hole in the forest canopy. In those instances, dozens of smaller trees and plants spring up to take advantage of that gap and soak up the new light.

  • Bottom Dollar to enter Pittsburgh and Youngstown, Ohio, markets

    Salisbury, N.C. -- Discount grocer Bottom Dollar Food plans to enter the greater Pittsburgh, and Youngstown, Ohio, markets, starting with 14 locations.

    Most of the locations are expected to open in early 2012.
     

  • Nordstrom Rack to open in Farmington, Conn.

    New York City -- Nordstrom plans to open a Nordstrom Rack in Farmington, Conn., located just outside of Hartford. This will be the first Nordstrom Rack in Connecticut.

    The new 35,000 sq-ft. store is scheduled to open during spring 2012 at West Farm Shopping Center.
     

  • Play ball! J.C. Penney's former CMO to open baseball camp

    New York City -- Mike Boylson, formerly executive VP and CMO of J.C. Penney, has traded retailing for baseball. The 32-year J.C. Penney veteran, who officially stepped down from the company on July 1, and a friend are opening a franchise of D-Bat, a baseball and softball training academy, Advertising Age reported. The facility is due to open this fall.

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