Development/Redevelopment

After an initial public stock offering earlier this year, Ollie’s Bargain Outlet Holdings has added public company governance experience to its board with the appointment of Rue21’s top executive.

Ollie’s said Robert Fisch, chairman, president and CEO of specialty apparel retailer Rue21 had joined its board and increased to seven the number of members. Prior to Rue21, Fisch was president of Casual Corner Group and he has also served as a board member at Children’s Place Retail Stores.

Columbia, S.C. -- Industry veterans Terry Brown, Jason Tompkins, and Sam Judd last month launched Asana Partners, a retail real estate investment company headquartered in Columbia, South Carolina.

Drawing from the team's deep operational and investment background in retail real estate, including more than $15 billion in transaction activity over the last 15 years, the company will acquire, own, and operate retail properties in dynamic markets across the United States.

Ikea is expanding yet another of its older U.S. stores.

The home furnishings giant has begun demolishing a covered parking structure where it will construct a new, larger store in Renton, Washington, across the 29-acre parcel from its current Seattle-area store.

Razing the building will make room for construction of the new Renton store, slated to open in spring 2017.

Actual store construction likely will commence later this year after completion of the demolition and site preparation.

Nordstrom Inc. has opened its first international flagship location. The luxury retailer opened its new store at Pacific Centre inVancouver, British Columbiaon Friday, Sept. 18.

The 230,000-sq.-ft. flagship store offers a curated selection of merchandise from accessible to luxury price points.

Another global fashion retailer has made its U.S. debut.

Tokyo-based Tomorrowland , which has a cult following in its home country,  has opened a store in the SoHo neighborhood of Manhattan. The retailer, which operates some 160 stores in Japan, is known for its cool fashions, upmarket prices and sleek, minimalist ambience.

The 3,200-sq.-ft. store features the brand’s exclusive men’s and women’s collections, along with a curated selection from several contemporary labels.  

Wal-Mart Stores Inc. is reportedly making a significant investment to support e-commerce operations.

According to the Tampa Bay Business Journal, Walmart is spending $200 million on a new distribution facility in Polk County, Florida that will be dedicated to fulfilling e-commerce orders.

CBL is giving shoppers with kids a fun reason to visit its centers.

CBL & Associates Properties and Playtime have entered into a multi-year partnership with Fisher-Price, Inc., a leading infant and preschool toy manufacturers, and a subsidiary of Mattel, Inc., to design soft play areas at select CBL centers nationwide.

Edens and Montgomery County Maryland announced the redevelopment of Burtonsville Crossing and the adjacent park-and-ride lot located in Burtonsville, Maryland.

In 2014, Edens was selected by Montgomery County to develop the adjacent surface parking lot while continuing to provide commuter parking at this strategic location.