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Development/Redevelopment

  • Staples unveils plans for smaller stores

    Framingham, Mass. -- Staples has revealed plans to shrink its overall store footprint and grow its break rooms as a means to lower costs and increase sales productivity.

    In a presentation to analysts at a Jefferies & Co. conference in New York City on Wednesday, Staples U.S. president Demos Pareros said new stores will be about 15,500 sq. ft. to 16,000 sq. ft., down from the current prototype of 18,000 sq. ft. and the 2000 prototype of 24,000 sq. ft.

  • What’s Happening at the Mall?

    By Glenn Brill, [email protected]

    The recent announcement that Ron Johnson of Apple will become J. C. Penny’s new chief executive is a clear indication of the need for many retailers to revitalize the shopping experience. It is also a clarion call and symbolic of the challenge to mall owners, developers, and investors to create and/or revitalize shopping environments that can effectively complement and promote a retailer’s brand.

  • Publix makes Knoxville debut

    LAKELAND, Fla. — Publix Super Markets announced that it will make its Knoxville, Tenn. debut in in the Northshore Town Center at Northshore Drive and Pellissippi Pkwy.

    “We are proud to offer our unique shopping experience to customers in Knoxville,” said Todd Jones, president of Publix Super Markets. “We are committed to providing premier customer service and look forward to supporting the Knoxville community as early as third quarter 2012.”

  • Wisconsin to gain new Walmart, Macy’s and Target

    Milwaukee -- A Wednesday report by the Milwaukee Business Report said that the Village of Greendale (Wis.) has approved a Walmart and garnered one of several approvals needed for a Macy's at the village’s board meeting held Tuesday.

    The board approved rezoning, a special use permit and other plans needed for a 92,000-sq.-ft. Walmart slated to include a pharmacy and grocery with two out-lots for future developments.

  • Chico’s, Soma make outlet debuts in Kansas City area

    Kansas City, Kan. -- Legends Outlets Kansas City said Wednesday that the region’s first Chico’s Outlet and Soma Intimates Outlet will open on June 24 at the Kansas City outlet shopping destination.



    The Chico's Outlet's new store will be located between BCBG MaxAzria and Five Guys Burgers & Fries, and the Soma Intimates Outlet's new store will be located between Gymboree and Claire's.

  • Report: Carrefour CEO to take chairman reins

    Paris -- The Carrefour SA board of directors on Tuesday approved a plan for its CEO Lars Olofsson to also assume the role of chairman. According to a report by the Wall Street Journal, Olofsson will take over as current chairman Amaury de Seze announced Tuesday that he would step down.

    "The time has come to reunite the two functions," De Seze said. He will remain on Carrefour's board.

  • Aldi opens store in enclosed mall in suburban Chicago

    New York City -- Discount grocer Aldi has made its U.S. mall debut, opening in Westfield Chicago Ridge, an 800,000-sq.-ft. enclosed shopping center in Chicago Ridge, Ill. The mall is a property of The Westfield Group.

    The 20,000-sq.-ft. store offers the same prices and products as other Aldi stores, and also features the retailer’s current interior prototype elements. The store is entered through the mall entrances.

  • Formidable foe awaits on the Northern front

    Target’s first stores in Canada are not scheduled to open until 2013, but this week the company can get a glimpse of what it’s up against when Walmart Canada president and CEO David Cheesewright is scheduled to speak at the Jefferies 2011 Global Consumer Conference.

  • RKF names exec in Miami office

    Miami -- New York City-based Robert K. Futterman & Associates announced that Marty Arrivo has joined the firm’s newly established Miami office as senior managing director.

    With eight years of commercial real estate experience working with property owners and regional and national retailers, Arrivo, who started with RKF last month, is responsible for tenant and landlord representation throughout Florida and nationwide.

  • Advance Auto Parts opens at The Commons of Crystal Lake

    Crystal Lake, Ill. -- Centro Properties Group said that Advance Auto Parts has opened a new location at The Commons of Crystal Lake, located in Crystal Lake, Ill.

    According to Centro, which is based in New York City, the new store is 8,800 sq. ft.

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