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Development/Redevelopment

  • Aldi opening 45 California stores by 2016

    Low-price grocery chain Aldi is coming to Southern California, as the retailer hastens plans to open at least 45 stores in that state by the end of 2016.

    The retailer says it plans to hire more than 1,100 people to work in its Southern California stores, as well as at the company's regional headquarters and warehouse in Moreno Valley, Calif. 

  • Cabela’s continues Canadian expansion

    Sidney, Neb. -- Cabela’s Inc. will open a 50,000-sq.-ft. store in Halifax, Nova Scotia. Upon opening, it will become the first Cabela’s location in Nova Scotia and second in Atlantic Canada, joining the Moncton, New Brunswick store opened in May.

    The retailer expects construction on the store to begin in 2016, and anticipates a 2017 opening. It will be located in the Dartmouth Crossing development near the intersection of Lakeview Drive and Wright Avenue. North American Development is the developer.
     

  • Nordstrom to open store in 2018 in Carlsbad, California

    Seattle -- Nordstrom announced plans to open a full-line store in a new open-air retail promenade to be built by Caruso Affiliated, in Carlsbad, California.

    The 124,000-sq.-ft. store is scheduled to open fall 2018 and will be the fifth Nordstrom full-line store in the greater San Diego area. The company opened its first Nordstrom in San Diego at Fashion Valley in 1981.

  • Mattress Firm perks up Q1 profit and sales; will open 220-240 stores

    Houston – Reductions in sales, general and administrative (SG&A) expenses, as well as in operating expenses, helped Mattress Firm Holding Corp. increase net income 41% to $7.72 million from $5.48 million the same quarter the prior fiscal year. The acquisition of 131 Back to Bed and Bedding Experts, Bedding Experts, and Mattress Barn stores in September 2014 drove a 69% jump in net sales to $562.6 million from $333.5 million.

    Same-store sales rose 1.3%. Mattress Firm plans to open 220-240 new stores during the fiscal year.

  • Five Below to enter Florida market; on track for 70 new stores in 2015

    Philadelphia - Five Below is entering the Florida market with the opening of nine stores on June 12. These locations, which will bring the fast-growing retailer’s store count to 400, and are part of a total 70 new stores it plans to open in 2015.

    “Entering the state of Florida, our 25th state and opening our first stores in Jacksonville, Orlando and Tampa, is very exciting as we continue to grow our footprint across the country," said Joel Anderson, CEO of Five Below.

  • Volta electric car charger network includes Macy’s, Whole Foods

    San Francisco -- Volta Industries is launching a network of more than 100 free electric car charging stations across five cities. Participating retailers include Macy’s and Whole Foods.

    Volta first began in Honolulu by offering free electric car charging services underwritten by local brands. Since then, Volta has deployed initial charging infrastructure in high-volume, retail locations in five major cities, including the San Francisco Bay area, the Los Angeles metropolitan area, San Diego, Phoenix, and Honolulu.

  • Dick's opening new stores in Va., S.C., and Fla.

    Dick's Sporting Goods Inc. is opening four new stores this month as the company moves forward with its plan to open as many as 750 stores by 2017.

    The company will distribute free Reebok Play Dry T-Shirts to the first 100 people in queue on the opening day. Also, the early birds will get an opportunity to open the DICK'S Sporting Goods Gift Locker on all three days. Moreover, on Saturday and Sunday, the company plans to give away free Mystery Gift Cards worth $5–$500 to the first 100 adults in line. 

  • Saks Off 5th to enter Delaware

    New York -- Saks Fifth Avenue Off 5th will open a store at Christiana Fashion Center in Christiana, Delaware, in October. The 32,000 –sq.-ft. store will be the off-price retailer’s first in the state of Delaware.

  • Amazon to open its fourth fulfillment center in Texas

    New York -- Amazon.com is going big in Texas with the announcement that it will open its fourth fulfillment center in the state.

    The new 500,000-sq.-ft., which is currently under construction, will be located at the northeast corner of Interstate 45 and Interstate 20 in Dallas and will bring about 500 new jobs to the area when the facility opens early in 2016. It will process smaller items, such as books, electronics and consumer goods.

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