Development/Redevelopment

Internet retailers entering the physical space continues to be a growing trend, if the new Sole Society store in Santa Monica, Calif., is any indication.

The company opened the doors to its first brick-and-mortar retail store at Santa Monica Place this week. Launched in 2011, the Los Angeles-based online footwear brand kicked up buzz by delivering stylish $100-and-under shoes directly to consumers' doors. 

New York -- Apple is getting ready to unveil its next generation of store design — and the industry is already buzzing over the details.

Unfortunately, there aren’t many available — and the few that are don’t seem very revolutionary. What little specifics known about the store are based on remarks made by Rick Millitello, who presented the new store plan on behalf of Apple to the Germantown Design Review Commission for review. (And yes, it was approved.)

Here are three details:

Apple is about to embark on a whole new path when it comes to the design of its retail stores, starting with its next project in Memphis, Tenn.

According to the Memphis Daily News, Apple’s new location at the Shops of Saddle Creek mall in Germantown will see several departures from the company’s traditional retail look and feel, with the facade set to feature “a matte granite reinforced panel on the exterior wall," among other differences.

Fast-growing online furnishings retailer Wayfair.com plans to host a “Shark Tank-like” business competition for entrepreneurs.

Winners of the "Kitchen Cabinet" contest will receive a $2,500 home office makeover and a business consultation from the home furnishings and decor e-tailer.

Wayfair said the event will take place Oct. 2 and its Heart Home conference, a three-day gathering of bloggers, designers, and other entrepreneurs, at the Boston Copley Marriott. Participants must enter by Sept. 15.

Bloomington, Minn. -- A three-year old specialty grocer that plans 60 stores by 2019 is entering a new state.

Fresh Thyme Farmers Market will open its first Minnesota store, in Bloomington, on Sept. 30.

"Fresh Thyme is excited to open its first Minnesota store in Bloomington," said Fresh Thyme's CEO Chris Sherrell. "We love meeting new people in the communities we join, and we look forward to offering a shopping experience that encourages healthy and nutritious buying habits."

Ikea will open the largest Ikea store in the United States in Burbank, Calif., next year.

The new store, on 22 acres along Interstate 5 in Burbank, be 456,000 square feet (the biggest Ikea in the world, at 594,000 square feet, is in Stockholm). Plans include parking for 1,700 cars, "improved access and parking and a larger warehouse space," plus "50 'inspirational room-settings,' three model-home interiors, a supervised children's play area and a larger restaurant for serving Swedish specialties."

New York – Macy’s Inc. on Wednesday officially entered one of the industry’s fastest-growing store segments: off-price retail.

The company unveiled its newest banner, Macy’s Backstage, with the opening of three New York City -area stores, with locations in Brooklyn, Queens and Melville (on Long Island).

New market entries, a newly developed small format and ambitious omnichannel efforts have family footwear retailer Shoe Carnival on a trajectory to surpass $1 billion in annual sales.