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Development/Redevelopment

  • Randolph Mall welcomes two new retail tenants

    Chattanooga, Tenn. - Ross Dress for Less and Ulta Beauty are coming to Randolph Mall in Asheboro, North Carolina. The two new stores will be situated in the former J.C. Penney location.  

    Construction is expected to begin in October with the grand opening for both stores scheduled for 2016. Randolph Mall is a 400,000-sq.-ft. mall featuring more than 40 specialty stores and is anchored by Belk, Dunham’s Sports, and Sears.

  • TreeHouse, Austin, Texas

    TreeHouse is a first-of-its-kind home improvement store. Specializing in curated products and services that promote healthy and sustainable spaces, the 25,000-sq.-ft. eco-friendly space is a hub for everything tied to smart, thoughtful building.

    TreeHouse is airy and inviting, with skylights and an open feel. There are lots of displays, product vignettes and graphics that explain how things work and tout the benefits of non-toxic paint and the like.

  • Woodfield Mall adds stores, updates interior

    Schaumburg, Ill. — Woodfield Mall, a Simon-owned and operated center with nearly 300 retail, dining and entertainment options, is adding new stores and updating its interior.

     New retailers added in 2015 include Flight 23 at Footaction, Fly Zone at Kids Foot Locker, rue21 and the first-in-state location for SIX:02.

    The center also announced the future addition of ivivva athletica, coming this summer, as well as Zara and Timberland, both scheduled to open this fall.

  • No discount on IPO for Ollie’s Bargain Outlet

    Ollie’s Bargain Outlet raised $143 million in a wildly successful initial public stock offering that positions the company for steady expansion of its 181 unit store base beyond core markets.

    Ollie’s co-founder and CEO Mark Butler told Retailing Today that although the company has identified 950 suitable store locations, proceeds from the IPO will be used to repay debt and the company will maintain a measured pace of expansion.

  • Porsche drives consumers to dine in ‘experience center’

    Atlanta - Porsche Cars North America Inc. hopes to drive consumers to drink – and eat – at its new $100 million Porsche Experience Center and headquarters. Porsche has officially opened its new fine dining "Restaurant 356" on the second level of the Porsche Experience Center, overlooking the Hartsfield-Jackson Atlanta International Airport.

  • Closing time for iconic New York City retailer

    New York -- One of the nation’s most well-known toy stores welcomed its last shoppers on Wednesday.

    FAO Schwarz closed its store on Manhattan’s 5th Avenue, a victim of rising rents. Shoppers flooded the store in its final hours. For more, click here.
     

  • Ollie’s Bargain Outlet IPO raises $143 million as chain looks to expand

    New York -- Ollie’s Bargain Outlet raised $143 million in a wildly successful initial public stock offering that positions the company for steady expansion of its 181 unit store base beyond core markets.

    Ollie’s co-founder and CEO Mark Butler told Retailing Today that although the company has identified 950 suitable store locations, proceeds from the IPO will be used to repay debt and the company will maintain a measured pace of expansion.

  • Dollar Tree names a new COO

    Dollar Tree Inc. has promoted one of its senior executives to be its next chief operating officer.

    The company announced that Michael Witynski has been named COO and be responsible for store operations of Dollar Tree bannered stores in the United States, real estate for Dollar Tree bannered stores in the U.S. and all retail operations and real estate in Canada.

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