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Development/Redevelopment

  • Northwood Ravin announces new tenants

    Raleigh, N.C. -- Northwood Ravin has announced six new service retailers and restaurants for Bradford, the multi-use development in the northeast corner of Davis and High House Roads adjacent to the desirable Preston neighborhood of Cary, North Carolina.

  • The Shops at SkyView Center announces five new store openings

    Flushing, Queens -- Onex Real Estate Partners announced The Shops at SkyView Center has welcomed five new tenants to the growing roster of retailers during the third quarter.
     
    The newest addition to Flushing’s mixed-use, multi-level shopping center includes Nordstrom Rack, the off-price retail division of Nordstrom, which officially opened on Sept. 10. Additionally, Justice & Brothers, a national retailer known for the best in tween fashion and accessories, catering to both boys and girls, has opened on Level D.
     

  • Regional pet retailer fights big dogs

    Undeterred by pet specialty heavyweights PetSmart and Petco, Pet Supermarket just opened its 150th location and has plans for more.

    The forty year old Sunrise, Fla.-based company recently opened its 150th location in the central Florida town of Bartow and indicated it plans additional growth while stopping short of providing a specific expansion target. The company’s stores measure about 7,500-sq.-ft. and are currently concentrated in states such as Georgia, Alabama, North Carolina, South Carolina, Tennessee, Texas, Kentucky, California and Nevada.

  • Simon partners with Plug and Play for 'Simon Launch' Retail Startup Competition

    Indianapolis -- Real estate giant Simon on Thursday announced 'Simon Launch,' a retail startup competition aimed at discovering, investing in, and accelerating the top startups in the retail industry. Simon will co-invest in the competition's winners through its recently formed venture capital arm — Simon Venture Group — in collaboration with Plug and Play,  a global investor and technology accelerator that specializes in growing tech startups. Simon will also become an Anchor Member of Plug and Play's Retail Accelerator program.

  • Auntie Anne’s Pretzels in deal to open in-store shops in Meijer

    Lancaster, Pa. -- Auntie Anne’s Pretzels, the 1, 600-unit global franchise, has entered into a partnership with Meijer. In August, Auntie Anne’s opened its first Meijer franchise location, in Fort Wayne, Indiana.
     
    Auntie Anne’s will continue to build its partnership with the Grand Rapids, Mich.-based retailer with two stores currently in the pipeline. The first is slated to also open in Fort Wayne later this year, with an additional location planned for Michigan in 2015.
     

  • The Tenant is King

    In a time of evolution and change, when buzz terms like right-sizing and asset management dominate retail real estate conversations, an unwavering focus on the tenant is more important than ever before. Chain Store Age talked with Jeff Kuchman, Principal/Director Tenant Brokerage, Mid-America Real Estate Corp., based in Oakbrook Terrace, Illinois, about the company’s tenant representation business and how it has continued to take center stage.

  • Small formats in focus at Walmart

    With word this week that Walmart will rebrand its small format Express stores under the Neighborhood Market banner, there will be plenty of interest in an upcoming presentation by the retailer’s vp of small formats.

    Marc Lieberman, vp of small formats for Walmart U.S., is slated to speak at a Doing Business in Bentonville event on Thursday, October 9. at the John Q. Hammons Center in Rogers, Ark., from 7 a.m. to 9 a.m.

  • Urban Land Institute looks at retail development challenges in lower-income areas

    Washington, D.C. -- Site and market challenges, underwriting challenges, and operational challenges are the key factors that hamper retail development in some lower-income communities, according to a report from the Urban Land Institute.

    The report, Retail in Underserved Communities, defines underserved communities as those that fall into one or more of four categories: urban locations lacking businesses, underserviced markets, locations without cultural offerings, and isolated rural or small towns.

  • dd's Discounts to open a new store in Dallas

    Dublin, Calif. --  dd’s Discounts, a division of Ross Stores, Inc. will open a new store in Dallas on Sept. 27.  The store is located at Skillman Abrams Crossing in North Dallas. 

    Including this new location, dd’s DISCOUNTS will operate approximately 150 locations in 13 states. The company is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

  • West Elm to make Michigan debut

    Brooklyn, N.Y. -- Home furnishings retailer West Elm will make its Michigan debut when it opens a store in downtown Birmingham, on Oct. 2.

    The 15,000-sq.-ft. plus store will feature a curated selection of products made in Michigan, part of West Elm’s Local initiative. The initiative, launched this year, taps into local entrepreneurship by empowering the teams in West Elm stores to find area makers and designers, building and nurturing a creative network that celebrates craftspeople and differentiates the brand with regional assortments.  

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