Development/Redevelopment

New York -- Fred Segal will unveil its first “international lifestyle center” concept in spring 2015, in Tokyo. The format will feature a collection of stores in three buildings in a converted railway site at 13 Daikanyama-cho Shibuya-ku, Tokyo. It will be Fred Segal’s first location outside the United States.

Chandler, Ariz. -- X Team International announced that partner Velocity Retail Group has completed deals with Goodwill of Central Arizona and six other retailers in the metropolitan Phoenix market.

Goodwill of Central Arizona will open a 27,600-sq.-ft. retail store in Chandler, Arizona, located at Arizona Avenue and Riggs Road.

Dublin, Calif. – Ross Dress for Less will open two new stores in the Mid-Atlantic region on July 19. The stores opening are in the MacDade Mall in Glenolden, Pennsylvania and Windsor Heights Shopping Center in East Windsor, New Jersey.

These new openings are part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year.

San Francisco – Pottery Barn and Pottery Barn Kids opened stores Tuesday, July 15 at Central Square, Bonifacio High Street, a premier retail destination in Manila, Philippines. As part of parent company William-Sonoma Inc.’s strategic global expansion, these stores are the first Pottery Barn and Pottery Barn Kids locations in Southeast Asia.

Denham Springs, La. — Belk will open a 75,000-sq.-ft. store in Denham Springs, Louisiana, near Baton Rouge, that will become the first department store anchor at the regional lifestyle center at Juban Crossing. The grand opening is slated for October 15.

The new, $7-million store will feature the latest retail design and décor for the Charlotte, North Carolina chain.

Aurora, Ill. — Simon has launched construction of its expansion of Chicago Premium Outlets, adding 50 new stores, including Saks Fifth Avenue Off 5th, and including a comprehensive renovation of the Chicagoland center.

Simon, a global leader in retail real estate, has appointed retail and real estate executive Stephen Yalof as CEO of premium outlets and senior EVP of Simon.

Yalof has served as SVP of real estate for Ralph Lauren Corporation since 2002. His 15 years of experience within the retail industry also includes his role as senior director of real estate for Gap. Yalof began his career in real estate under the leadership of Arnold Labich at New Plan Realty Trust, and became VP of leasing for their factory outlet business.  

Dublin, Calif. -- Ross Dress for Less (“Ross”) will open a new store in Utah on July 19, in The Shoppes at Lake Park in West Valley City. This increases the number of stores in the state to 16 locations.
      
The opening is part of the retailer’s 2014 expansion program, totaling approximately 75 new locations for the year.

Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.