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Development/Redevelopment

  • Amazon to open FC in Target's backyard

    Ever-growing Amazon.com Inc. is expanding its e-commerce capabilities in Target's home turf.

    The e-commerce behemoth has announced it will open an 850,000 square foot fulfillment center in the Minneapolis area, its first DC in the state of Minnesota.

  • Report: Target initiates latest round of job cuts

    New York -- Target Corp. has laid off about 140 employees from its Minneapolis headquarters as part of its transformation efforts, and eliminated 50 open positions, the Minneapolis Star Tribune reported.

    Including the latest round of cuts, Target has let go about 2,500 workers this year.

    Click here for the story.

  • Flying Tiger, New York City

    Flying Tiger, the U.S. banner of Danish discounter Tiger, has landed in Manhattan, opening a 5,000-sq.-ft. outpost in the Flatiron district. The store has a modern Scandinavian look, with white walls, light wood flooring and a single aisle that winds through the space. The design focuses all the attention on the quirky, eclectic and very affordable product.

  • Godwin plaza in New Jersey to undergo renovation

    Midland Park, N.J. – The 22,000-sq.-ft. Godwin Plaza mixed-use center is to undergo a major renovation and repositioning beginning in the second half of this year. The center was purchased in 2014 by Accordia Realty Ventures of Fairfield, New Jersey with the intention of transforming it.

  • Schimenti Construction nears completion of Chick-fil-A’s first NYC location

    Ridgefield, Conn. — Chick-fil-A will open its first restaurant in New York City this July. The 13,000-sq-.ft. restaurant on Sixth Avenue at West 37th Street was built by Schimenti Construction, which is also constructing a second Chick-fil-A, in Port Jefferson, N.Y., also due to open this summer.

  • F21 red to open at Tempe Marketplace in Arizona

    Phoenix — Vestar announced the signing of Forever 21’s newest concept store, F21 red, at Tempe Marketplace, in Tempe, Ariz. The 1,000-sq.-ft. store, the first F21 in Arizona, will open this fall.

    The F21 red brand will offer a larger merchandise selection and lower prices of the trendy fashion forward styles for young men and women than the typical Forever 21 store.

  • Toys ‘R Us opens logistics center in France

    Wayne, N.J. — Toys ‘R Us Inc. has opened a new distribution center in Saint-Fargeau-Ponthierry, France to support the company's expanding e-commerce business throughout France and in select sections of Europe. The 550,000-sq.-ft. facility will service retail distribution to the country's 48 store locations and e-commerce operations throughout France.

  • Johnny Rockets plans 100 new U.S. stores by 2017

    Aliso Viejo, Calif. — Johnny Rockets plans to open 25 new domestic stores during 2015 and 100 new domestic stores by 2017 via franchise expansion.

    The casual dining chain is targeting the following U.S. cities for franchise growth in its Johnny Rockets, Johnny Rockets Express and Johnny Rockets Route 66 banners: Tucson, Arizona; Houston, Bridgewater, New Jersey., Gainesville, Florida; and Bakersfield and Fresno, California.

  • Growing Shopko to open 15 stores in July

    Shopko is continuing on its growth path with the opening of 15 new Shopko Hometown stores across eight states this July.

    The new locations join 20 stores Shopko already opened earlier this year and more than 15 additional stores the company plans to open in October.

  • Extreme-value retailer Ollie's files for IPO; sees potential for 950 stores

    HARRISBURG, Pa. — Extreme-value retailer Ollie’s Bargain Outlet Holdings on Monday filed for an initial public offering. With a tagline of "good stuff cheap,”  Ollie’s operates 181 stores in the Eastern United States, expects to open 25 to 30 stores in fiscal 2015 and sees the potential for more than 950 locations across the country. (For more on Ollie’s, click here.) 

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