Development/Redevelopment

New York -- British retailer Marks & Spencer takes a giant leap forward in its goal of becoming a multichannel leader with the opening of its innovative new concept store in Amsterdam. The centerpiece of the 5,000-sq.-ft. space — which marks M&S’ return to the Netherlands after a 10-year absence — is an “E-Boutique” dedicated to womenswear. The shop features what the retailer calls “the world’s first virtual rail,” a display that seamlessly integrates digital rails with physical rails of clothing samples.

BENTONVILLE, Ark. — Walmart’s Acres for America program, a conservation partnership with the National Fish and Wildlife Foundation, is working on new projects in Arkansas, New Mexico, Nebraska, Wisconsin, New Hampshire, Maine and Oregon.

New York -- Officials in Baton Rouge have approved more than $7 million in incentives to bring a Costco store to the Louisiana city, the Associated Press reported.  
   
Costco is expected to open a 150,000-sq-ft. store by next April at the site of a former Coca-Cola bottling facility, the report said.

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Buffalo, N.Y. -- Buffalo, the second largest city in New York, has become the first market in which a majority of Rite Aid's stores have been converted to the Wellness format, the retail pharmacy chain announced Wednesday.

New York -- Ikea has officially plugged-in the solar energy system installed at its store in Stoughton, Mass. The 118,000-sq.-ft. array consists of a 590.8-kW (DC) system, built with 4,220 laminated panels. It will produce approximately 695,000 kWh of clean electricity annually, the equivalent of reducing 479 tons of carbon dioxide (CO2), eliminating the emissions of 94 cars or powering 60 homes yearly (calculating clean energy equivalents).