Development/Redevelopment

New York City -- Prudential Douglas Elliman’s Retail Group announced that it has arranged a space for European fashion icon Piero Guidi at 430 West Broadway in New York City.

The 3,600-sq.-ft., double-height space features all-glass frontage, between Prince and Spring Streets.

Fort Worth, Texas -- Applebee’s Services said Wednesday it has chosen customer analytics firm Buxton to assist with the franchise system’s real estate expansion and company asset-management strategies for Applebee’s Neighborhood Grill &Bar restaurants.

Applebee’s, a DineEquity brand, will use Buxton’s Scout platform, to establish future expansion in potential franchise markets and assist in asset management decisions.

Bethesda, Md. -- Retail real estate alliance X Team International said it has named a new partner, Bethesda, Md.-based Streetsense.

Beyond traditional landlord and tenant representation, Streetsense offers architecture, interior design, branding, marketing and merchandising strategies to entrepreneurs, retailers, developers and public sector entities. 

Katy, Texas -- Houston-area sports retailer Academy Sports + Outdoors announced Tuesday that it will enter the Atlanta market with a new store opening on April 1.

The 70,000-sq.-ft. store is located in McDonough, and is the chain’s fourth store in Georgia.

Kohl’s will open its third distribution center devoted to e-commerce by July as it looks to build on the 50% growth rate experienced last year and surpass annual online sales of $1 billion in 2011.

Menomonee Falls, Wis. -- Kohl's Corp. said Tuesday that plans to open a distribution center in July in Maryland that will create about 1,200 jobs over the next three years.

According to the retailer, the Edgewood, Md., DC will fulfill online orders. Kohl’s anticipates hiring more than 200 full- and part-time employees when the center opens in July.

With the newest DC, Kohl's will have a total of 12 distribution centers across the United States.

Bensalem, Pa. -- Charming Shoppes said it would close 240 unprofitable stores in 2011, or nearly 12% of its total outlets, and that more than half of those would be Fashion Bug stores.
 
The locations were not disclosed.

The company said all 30 of its Catherines Plus Sizes stores in outlet locations would be shuttered over a two-year period.
 

Burlington, N.J. -- Purchase, N.Y.-based National Realty & Development Corp. said Monday it will expand Liberty Square Center in Burlington, N.J. The construction will take place over the next 12 months and is scheduled to be completed in spring 2012.