Skip to main content

Development/Redevelopment

  • $800 million mixed-use transformation of Miami suburb underway

    Miami – The Related Group is set to transform the Miami suburb of Doral with the massive 600,000 sq. ft. CityPlace Doral. The $800 million mixed-use development components include 240,000 sq. ft. commercial space, 1,000 luxury residential units and Boutique Boulevard -- more than 40 shopping, entertainment and dining venues. Once complete, the project will offer the area’s only walkable luxury shopping plaza.

  • New Yorkers to get a (smaller) taste of Cost Plus

    A soon-to-open Cost Plus World Market store in Manhattan could serve as a blueprint for the company's expansion in other urban areas.

  • New stores key to Stein Mart’s sales strategy

    Jacksonville, Fla. -- Off-price retailer Stein Mart continues to pursue the accelerated store growth strategy that it began in 2014.

    The off-price retailer announced it will open nine stores this fall, and at least 12 new locations in 2016.

    The news follows the company's recent release of first half 2015 total sales growth of 6.1% and comparable store-sales growth of 4.0%.

  • Nordstrom sizzles, especially online

    Seattle -- Finally some good news in the department store sector.

    Nordstrom Inc. on Thursday reported better-than-expected fiscal second-quarter earnings and sales.

    The retailer reported net profit of $211 million, or $1.09 a share, for the quarter ending Aug. 1, up from $183 million, or 95 cents a share, in the year-ago period.

  • DSW to expand across America this fall

    DSW's aggressive store expansion plan is still on track, as the retailer looks to tap growth in existing as well as new markets.

    The footwear and accessories retailer says it is opening 22 stores this fall, including six locations in new markets.

    "Expanding our store base allows us to grow our footprint in areas we already call home, while also bringing DSW stores and the DSW brand to areas where our customers have been anticipating our arrival,” said Carrie McDermott, executive VP and COO of DSW, which operated 449 stores in 42 states.

  • DSW expanding store base

    Columbus, Ohio -- DSW continues its march across America.

    The footwear and accessories retailer is opening 22 stores this fill, including six locations in new markets.

    "Expanding our store base allows us to grow our footprint in areas we already call home, while also bringing DSW stores and the DSW brand to areas where our customers have been anticipating our arrival,” said Carrie McDermott, executive VP and COO of DSW, which operated 449 stores in 42 states.

  • Stein Mart targets discount shoppers in N.Y., Mich.

    Off-price retailer Stein Mart is accelerating the implementation of its store growth strategy just as thrifty shoppers increasingly flock to discounters.

  • Dillard’s feels department store pain

    Little Rock, Ark. -- Dillard’s Inc. profit declined 13.3% in the second quarter, but it still came in better than analysts had expected.

    Growth in shoes and some apparel categories helped Dillard’s post a feeble second quarter same-store sale increase, but it was too little for the department store retailer to avoid the sharp decline in profitability. The retailer’s profit for the quarter ending Aug. 1 was $29.9 million, down from $34.5 million in the year-ago period.

X
This ad will auto-close in 10 seconds