Development/Redevelopment

New York -- Triple Five Group,  the company that owns and manages the nation’s largest shopping center, Mall of America in Bloomington, Minn., and the largest one in North America, West Edmonton Mall, Alberta (Canada), is looking to build its largest center yet. The company has proposed a sprawling mega-mall and entertainment destination near Miami Lakes in Northwest Miami-Dade County. As outlined in an article in the Miami Herald, the project would include a Legoland and an indoor ski slope.

New York -- Bonobos, the online-driven men’s clothing brand, keeps expanding its physical presence. The company announced plans to opens its largest location to date, in Manhattan’s Flatiron District. The 4,000-sq.-ft. “Guideshop (which is how Bonbos refers to its brick-and-mortar spaces) is slated to open in June. It will be the brand’s seventeenth location nationwide and fourth in New York City, following the expected openings of Guideshops in Newport Beach, California, and Brookfield Place, New York City, in March.

Philadelphia -- Tween and teen retailer Five Below will open three stores in Alabama, its first ever in the state, on March 13.

The stores, which average 7,500 sq.-ft. each, are located in Huntsville, Florence and Gadsden.

"Entering Alabama is an important next step as we continue to grow our footprint across the country," said Joel Anderson, CEO of Five Below. "We're excited to open the first of what we hope to be many stores in this great state.”  

Baltimore -- Under Armour has opened its largest store to date, on Michigan Avenue in Chicago. With nearly 30,000 sq. ft. of retail space, the store is designed to provide an immersive and interactive brand experience.  It features the latest in video and digital technology, and also includes a section dedicated to wearable fitness devices.  And for a local feel, a large wall is covered in ivy, inspired by the Wrigley Field ivy.
 

New York -- New concepts remain the lifeblood of retail. Here are four currently in the works:

1. Ice hockey equipment manufacturer Bauer Hockey is throwing its puck in the retail arena. The company will open its first-ever store this summer, in the Boston suburb of Burlington, Massachusetts, followed by a second location in the fall, in the Minneapolis area.

Neiman Marcus got a boost in the second quarter from its October purchase of mytheresa.com, a German luxury e-retailer.

For the 13 weeks ended Jan. 31, the company reported a profit of $27.8 million, compared with a year-earlier loss of $84 million. Revenue grew to $1.52 billion from $1.43 billion in the prior-year period. Sales at stores open more than a year and online rose 5.6%.

Brampton, Canada -- Loblaw Companies Ltd., Canada’s largest supermarket chain, will open 50 new stores and renovate 100 existing stores in 2015 as part of a $1.2 billion investment in its business.  

The investment also  e-commerce expansion, and supply chain and IT infrastructure.

Goodlettsville, Tenn. -- Dollar General isn’t letting its failed bid for rival Family Dollar slow its momentum. On Saturday, Dollar General announced it is entering three new states: Oregon, Maine and Rhode Island. The expansion will give it stores in a total of 43 states nationwide.

Dollar General already operates more than 11,700 stores, but entry into the three new states gives it more greenfield expansion opportunities to pursue while Dollar Tree is busy integrating the recently acquired Family Dollar chain.

Jackson, Miss. – Newk’s Eatery is entering the San Antonio, Texas area as part of a broader expansion plan that includes 30 new franchise and corporate stores in 2015. The fast-casual dining chain has signed a franchise agreement with Stephen Kuehler, who will lead the chain's expansion into the San Antonio area.