Development/Redevelopment

Mooresville, N.C. – Lowe’s Companies Inc. is making a big purchase that will enable it to build a big store on one of Hawaii’s biggest islands.

The retailer is purchasing an 11-acre property in Kahului, Hawaii for $18.7 million from A&B Properties Inc., a subsidiary of Alexander & Baldwin.

Lowe’s plans to build a 167,000-sq.-ft. store on the site, located on the island of Maui. The new store will be 16% larger than Lowe’s current store in Kahului, which it leases from a third party.

Pittsburgh – Dick’s Sporting Goods Inc. continues to expand its portfolio.

The retailer plans to open three new stores Sept. 11. Two of the stores will be located in Alabama and one in Arizona.

Dick’s will open its 13th and 14th stores in Alabama at the Shoppe at Legacy Park in Tuscaloosa and Cullman Shopping Center in Cullman, and ninth store in Arizona at Wilmot Plaza in Tucson. Dick’s will have 628 stores across the U.S. with these openings.

New York -- Uniqlo will open its second-largest U.S. store to date, in Chicago.

The 60,000-sq.-ft. location, which also marks the Japanese apparel giant’s entry into the Midwest, will open on Oct. 23, on Michigan Avenue near Water Tower Place, according to the Chicago Tribune.

The store will take up three floors in the former Filene's Basement space.

For more, click here.
 

San Francisco -- Williams-Sonoma is spicing up its store format.

The retailer’s new store in Ponce City Market, Atlanta, features a direct pass-through to the latest dining venture by famed chef Jonathan Waxman, with the restaurant outfitted by Williams-Sonoma.

New York -- Target Corp. is getting rid of its CityTarget and TargetExpress signage, but it is definitely keeping its flexible format store strategy.

Macy's is set to open its new format, Backstage, this week in Queens, and the retailer gave the Associated Press a sneak peak of the new effort and what's in store.

Williams-Sonoma is spicing up its store format.

The retailer’s new store in Ponce City Market, Atlanta, features a direct opening to a dining venture by celebrity chef Jonathan Waxman. The adjacent restaurant,  due to open in the fall, is being outfitted by Williams-Sonoma.  A glass wall strategically placed between the restaurant and Williams-Sonoma will offer shoppers an exclusive view into the dining room, and also give them inspiration while they shop. The floor plan is the first in Williams-Sonoma’s history with an independent business.

New York -- Macy’s is set to unveil its new store banner, the off-price Macy’s Backstage, in the Queens borough of New York City and Huntington, New York, on Sept. 2.

The store offers a no-frills shopping experience, according to the Associated Press, which was given a sneak peek at the new format.

Click here for the story.

West Sacramento, Calif. -- Raley’s Family of Fine Stores is entering the health and wellness space.

The privately owned supermarket company said it will debut a new, small-format store in the Sacramento, Calif., market in 2017 that focuses on health and wellness.

The 36,000-sq.-ft. store, being done in partnership with Stafford King Wiese Architects and Armstrong Development Properties, will be designed to be state-of-the art with a focus on the most sustainable features. The store is scheduled to begin construction in mid-2016.

Irvine, Calif. – Boot Barn Holdings Inc. is kicking off a set of store openings in Texas with four new stores Aug. 28-30. Three of the new stores will be in the Houston market and one will be in Euless, outside of Fort Worth.