Development/Redevelopment

Dallas -- J.C. Penney Co. will unveil the newest iteration of its store model with the opening of its new Dallas store in the TimberCreek Crossing shopping center on Sept. 30.

The 105,000-sq.-ft. single-level store provides an assortment of services under one roof, including dedicated in-store environments for MNG by Mango and a 1,700-sq.-ft. Sephora shop.

Moscow -- Multiple sources in Moscow on Wednesday said that Victoria’s Secret will open its first Russian store in Moscow on Sept. 30.

According to local paper Vedomosti Business Daily, experienced American brand franchisee Moneks will open four Victoria’s Secret stores in and around Moscow prior to year’s end.

New York City -- A series of retailer moves on Madison Avenue has allowed for expansion and improved adjacencies in one of Manhattan’s luxury shopping meccas.

According to Prudential Douglas Elliman’s Retail Group, Italian luxury sportswear retailer Paul & Shark has opened in the Hartz Mountain Building at 667 Madison Avenue, replacing Michael Kors. In turn, Michael Kors will move to the current Steuben store and open a new flagship when the glassmaker departs the space.

Uniqlo is popping-up all over Manhattan. As the prelude to the opening of its Fifth Avenue global flagship in October, the Japanese apparel retailer opened four temporary “Brand Shops” around the city. Each location is cleverly designed and smartly outfitted.

Salt Lake City -- Bloomfield Hills, Mich.-based shopping center owner Taubman Centers announced Tuesday the first 20 retailers – all new to the market and most new to Utah – coming to City Creek Center, the 700,000-sq.-ft. retail component of mixed-used development City Creek in downtown Salt Lake City.

Northborough, Mass. -- BJ's Wholesale Club said Tuesday it has opened its newest Massachusetts Club location at Northborough Crossing 6102 Shops Way in Northborough, Mass.

The 120,000-sq-ft. store replaces a 23-year-old BJ's Wholesale Club nearby and adds services such as a gas station, full-service delicatessen, enhanced tire center and integrated liquor shop.
 

New York City -- Sephora is opening a store in Manhattan’s trendy Meatpacking District that will feature a completely mobile checkout system, Women’s Wear Daily reported. The 5,000-sq.-ft. store, which will not have a traditional checkout counter, is due to open on Sept. 16. 

The company plans to rollout the new system in some 50 locations by yearend, according to the report.

 

New York City -- British apparel retailer Acadia Group opened its second Topshop/Topman location in the United States, a three-level store on Chicago’s North Michigan Avenue. The space, which boasts some 35,000 sq. ft. of selling space, was previously was occupied by a Borders store.

Topshop will debut its third U.S. location, in Las Vegas, in March 2012.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced Monday that it will officially change its name to DDR Corp., and adopt its New York Stock Exchange ticker symbol and most commonly referred identity, DDR, as its official brand name.

The company also unveiled a new logo, tagline and brand identity.

Charlotte, N.C. -- CNL Crosland Commercial Real Estate announced the upcoming opening of The Country’s Best Yogurt (TCBY) at two Charlotte N.C. shopping centers – Town Center Plaza (2,100 sq. ft.) and Quail Corners (1,700 sq. ft.).

The stores will open their doors this winter.

TCBY has six self-serve stores in the Charlotte area, all owned by Samuel Batt. The Quail Corners’ location represents the first tenant announcement for the under-redevelopment center, which is anchored by Harris Teeter and Rite Aid.