Development/Redevelopment

Chicago -- J. Crew Group’s new value-priced store concept has announced a second location.

Mercantile, which recently made its national debut at The Shops at Park Lane in Dallas, will open at The Mayfair Collection, in Wauwatosa, Wisconsin.
   

Whole Foods Market Inc. says it is taking the right steps to position itself for the long term and sees demand for more than 1,200 stores in the United States despite reporting a lackluster increase in same store sales for the third quarter.  

The health foods grocery retailer posted a same store sales increase of just 1.3% for third quarter ended July 5. Analysts had expected a 3% increase. The company did report  earnings of 43 cents per share on $3.63 billion in revenue. Total sales increased 8% to a record $3.6 billion.

Austin, Texas -- Whole Foods Market on Wednesday posted disappointing third quarter earnings and revenue, but it also gave out some more details about its new, value-driven store concept.

The company revealed that it will debut the format, 365 by Whole Foods Market, in the second half of next year, with the first store opening in the Silver Lake section of Los Angles. It plans to open up to five 365 stores (all in the second half of next year), with the expectation of doubling the number of openings in 2017. Stores will average about 30,000 sq. ft.

New York -- J.Crew Group is not breaking any new ground with its latest retail format, Mercantile, which recently opened its first location, in Dallas.

The budget-friendly store, in The Shops at Park Lane, is very similar to J.Crew’s factory outlet concept, reports Business Insider, particularly in its pricing and merchandise mix.

For a look inside the new store, click here.
 

Las Vegas -- Those familiar blue composite panels are going up in Las Vegas.

Ikea announced that steel framing has progressed far enough that installation of the iconic blue panels has begun on its future Las Vegas store. Installing the blue panels is a construction milestone that ensures the 351,000-sq.-ft. store will open summer 2016, and it reflects the unique architectural design for which Ikea stores are known worldwide.

Miami – A 70,000-sq-.ft., multi-level Whole Foods flagship will serve as retail anchor of a 38-story, 390-unit luxury apartment building that Miami-based The Related Group plans to build in midtown Atlanta.

Smallwood, Reynolds, Stewart, Stewart is the project architect and Atlanta designer Michael Habachy will create the interiors including a grand rooftop clubroom, demonstration kitchen, luxurious South Beach-themed 10th floor pool and more.

Atlanta-based Phillips Partnership will design the Whole Foods Market.

Miami, Fla. -- Columbia Sportswear Company is expanding its new store concept.

The company has opened Performance Fishing Gear (PFG), in Miami’s The Falls. The 5,654 sq.-ft. store features the latest and greatest from the popular collection, along with an interactive knot-tying station and digital design elements.