Skip to main content

Development/Redevelopment

  • Lloyd Center to undergo major renovation, leasing broker named

    Portland, Ore. -- X Team International announced that Oregon-based partner New & Neville has been retained by CAPREF Lloyd Center, LLC as the broker for leasing of the Lloyd Center during and following its renovation.

  • Publix posts 7.4% increase in profits

    Publix continues to be a blockbuster in its industry, as the grocery chain posted a 7.4% increase in profits in the fourth quarter.

    The Florida-based retailer reported a profit of $453.3 million in the fourth quarter, compared to $422 million in 2013. Earnings per share for the fourth quarter increased to $0.58 for 2014, up from $0.54 per share in 2013. Publix reported net sales of $7.9 billion; same store sales increased 6.4%.

  • Shopko accelerating expansion of Shopko Hometown format; 20 stores opening in March

    Green Bay, Wis. -- Shopko on Monday announced plans to open 20 new Shopko Hometown stores in late March. The company recently acquired the rights to occupy the 20 stores, with locations primarily in Texas, North Dakota, Kansas and Minnesota, which were previously operated by Alco Stores.

    The conversion to the Hometown banner will include a mix of new interior and exterior signage, carpet, paint, updated and supplement fixtures and lighting, improved store design and layout, as well as an expanded merchandise mix.

  • Nike to debut first NYC Factory Store location

    New York -- Nike will open its first clearance store location in New York City at The Shops at Sky View Center in Flushing, New York.

    The 15,000-sq.-ft. Nike Factory Store is slated to open April 2 on Level B of the 700,000-sq.-ft. shopping destination.

  • Thor Equities acquires first Canadian property, in Montreal

    New York -- Thor Equities has expanded its international portfolio by acquiring a retail property at 777 Saint Catherine Street in Montreal. The historical building is located on the corner of McGill College Avenue and Saint Catherine Street, in the heart of Montreal’s prime shopping corridor.

  • Publix posts 7.4% increase in profits

    Publix continues to be a blockbuster in its industry, as the grocery chain posted a 7.4% increase in profits in the fourth quarter.

    The Florida-based retailer reported a profit of $453.3 million in the fourth quarter, compared to $422 million in 2013. Earnings per share for the fourth quarter increased to $0.58 for 2014, up from $0.54 per share in 2013. Publix reported net sales of $7.9 billion; same store sales increased 6.4%.

  • Swarovski, Las Vegas

  • Cost Plus World Market to open second New Jersey store

    Shrewsbury, N.J. -- Cost Plus World Market, a division of Bed, Bath & Beyond, has secured a new 15,000-sq.-ft. space at 490 Broad Street, Shrewsbury, New Jersey. It is the retailer’s second store in the New Jersey area (Monmouth County), having opened its first Northeast store in July 2014 at 530 W. Mt. Pleasant Avenue in Livingston, New Jersey (Essex County).  

X
This ad will auto-close in 10 seconds