Development/Redevelopment

Neiman Marcus swings to Q2 loss

Neiman Marcus Group’s profit fell in the second quarter even as its same-store sales rose.
5Qs for Jim Zboril on art installations

Tavistock Development Co. president Jim Zboril spoke with us about art’s essential place in the modern town center.
Simon Property Group’s Fred Simon is dead at 89

Fred Simon, landlord to hundreds of retail chains for one the world’s largest retail REITs, died last week at 89, according to a report in the Indianapolis Star.
First Look: Jos. A. Bank unveils Manhattan flagship

Menswear retailer Jos. A. Bank has reopened its newly renovated flagship store in New York City.
Sephora to grow U.S. footprint; partnering with treatment services company

Sephora is on the move in the United States.
Ross Stores to open 100 stores in 2019

Ross Stores continues its aggressive expansion.
Lidl sued over disclosure of Aldi’s expansion plans

Two German supermarket chains are engaged in a legal battle over expansion plans in the U.S., according to a report in Chain Store Age’s sister publication Store Brands.
Stage Stores to convert 70 to 80 department stores to Gordmans, close 40 to 60 others

Stage Stores is shrinking its department store footprint through store closures and the acceleration of its off-price store conversion program.

Murphy is named as president of Phillips Edison