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Development/Redevelopment

  • Westfield Century City breaks into show biz

    With traditional anchors closing shop, malls nationwide are struggling to make themselves part of the entertainment business. None, however, are likely to do it as literally as Westfield’s Century City.  

  • Canada's iconic sportswear brand debuts new store concept

    Personalization is front and center in a new format from Roots.   The brand's new 5,000-sq.-ft. location, at Yorkdale Shopping Centre in Toronto, has a modern cabin-styled design and outdoorsy feel, with a different outdoor theme in every fitting room, reported the Financial Post.  

  • Amazon fulfillment center to rise on site of ‘World’s Biggest Mall’

    The Randall Park Mall outside of Cleveland was part of retail history in the mid-70’s when it debuted as “The World’s Biggest Mall.” Now the site becomes woven into the retail narrative of the 21st Century.  

  • Perfumania files Chapter 11; to close more stores

    The nation's largest discount retailer of perfumes and specialty celebrity and designer fragrances has filed for bankruptcy protection with a goal of moving its business forward — and closing more stores.    

  • Sprouts-anchored center acquired

    Riverstone Capital Group has purchased the 43,199-sq.-ft. Shops at Lexington Circle in the Atlanta suburb of Peachtree City.   Anchored by a Sprouts Farmers Market and located on the West Highway 54 retail corridor, the property offered for sale by Mirabeland Investments and Concordia Properties was not on the market long, according to the deal’s broker.  

  • L.L. Bean opens at Virginia lifestyle center

    Chains close stores, and chains open stores. Legendary cataloger and online retailer L.L. Bean is one of the latter, opening its 33rd store outside of Maine and its fourth in the state of Virginia.   This week’s debut came at The Shops at Stonefield, a 265,000-sq.-ft. lifestyle center in Charlottesville that was acquired by O’Connor Capital Partners last year.  

  • Head of international to leave Hudson's Bay

    An 11-year veteran of Canadian department store giant HBC is stepping down.    HBC, whose banners include Hudson's Bay, Saks Fifth Avenue, and Lord & Taylor, announced that Don Watros, president of HBC International, has made the decision to leave, effective September 29, 2017. The company did not name a successor.   

  • Analysis: Sears is headed in entirely the wrong direction

    As much as Sears deserves credit for the various actions it has been taking to shore up the company, there is no denying that this (Sears second quarter financials) is a miserable set of numbers. Indeed, the precipitous drop in comparable sales and the continued lack of progress on profit suggests the company isn't moving far or fast enough to ensure its long-term survival.  
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