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Development/Redevelopment

  • Tiffany to open Paris flagship

    New York -- Tiffany & Co. announced that it plans to open a flagship in Paris.

    The approximately 10,000-sq.-ft. multi-level store will be located at 62 Avenue des Champs Elysées and is expected to open in 2014.

  • Williams-Sonoma makes Quebec debut

    SAN FRANCISCO — Williams-Sonoma will open its first store in Quebec, Canada, on Nov. 3. Located at Carrefour Laval in Laval, Quebec, the new store marks Williams-Sonoma’s eighth location in Canada, and will be the first to showcase a brand new store design.

  • Nordstrom Rack to make Alabama debut in 2013

    Seattle -- Nordstrom said it plans to open a Nordstrom Rack in Birmingham, Ala. This will be the retailer's first location in the state.

    The approximately 35,000-sq. ft. store is scheduled to open in spring 2013 at River Ridge Shopping Center. The center is owned and operated by DDR Corp.

     

  • Williams-Sonoma makes Quebec debut with new store design

    San Francisco — Williams-Sonoma said Friday that it will open its first store in Quebec — and its eighth in Canada — which will showcase a new design for the brand.

    Opening on Saturday at Carrefour Laval in Laval, Quebec, the new store incorporates added interactive features, a new layout and several terminals where customers can complete purchases throughout the store.

  • Bebe stores swings to loss in Q1

    Brisbane, Calif. -- Bebe stores reported Friday a net loss of $2.6 million for the quarter ended Sept. 29, compared with net income of $2.4 million for the year-ago period.

    Sales slipped 7.3% to $117.1 million from $126.3 million, and same-store sales dropped 8.7%.

    During the quarter, the company opened five 2b stores and closed seven Bebe stores, and said it expects to open five Bebe stores and one 2b store in fiscal 2013 as well as close five Bebe stores and one 2b pop-up store.

     

  • Harris Teeter swings to profit in Q4

    Matthews, N.C. -- Harris Teeter Supermarkets reported Friday a profit of $22.8 million in its fourth quarter, compared with a loss of $8.9 million last year.

    Sales edged up 3.7% to $1.14 billion, and same-store sales increased 3.01%.

    The grocer has introduced a new format and banner – 201central – that it is using as a platform to sell a global variety of wine, beer, specialty foods and other selected merchandise.

    Plans for fiscal 2013 include 12 new stores and nine major remodels.

     

  • DSW acquires corporate headquarters and Columbus DC

    Columbus, Ohio -- DSW Inc. announced Thursday the acquisition of 810 AC LLC, which owns the corporate headquarters of DSW, as well as its 700,000-sq.-ft. distribution center and trailer lot on its home office campus in Columbus, Ohio.

    Purchase price was $72 million.

    The company recently completed the $15 million installation of an automatic sortation facility in the distribution center to support its size replenishment program.

     

  • Costco October sales up 9%

    ISSAQUAH, Wash. — Costco's sales for October rose 9% to $7.67 billion from $7.01 billion during the similar period last year.

    Total comps for the month increased 7%, consisting of a 7% increase in the United States, and a 9% increase internationally. Excluding the impact of fuel, U.S., international and total same-store sales increased by 5% each.

  • First new outlet center in California since 2001 to open Nov. 8

    Livermore, Calif. -- Paragon Outlets Livermore Valley, the first new outlet center to open in California since 2001, will hold its grand opening weekend celebration Nov. 8 through Nov 11.

    Developed by Paragon Outlet Partners, a commercial real estate development firm headquartered in Baltimore, the $150 million, 543,000-sq.-ft. outlet center will feature 130 leading designer and top brand name stores.

  • Nordstrom Rack relocating to Westfield Culver City

    Seattle -- Nordstrom announced that it plans to relocate its Nordstrom Rack at Promenade at Howard Hughes Center in Los Angeles to Westfield Culver City in Culver City, Calif.

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