Development/Redevelopment

New York -- Foot Locker announced Tuesday the introduction of SIX:02, an elevated retail concept featuring fitness apparel and athletic footwear for women.

The first three stores will open for the holiday season in Stamford Mall in Stamford, Conn., Willowbrook Mall in Wayne, N.J., and North Star Mall in San Antonio, Texas.

SIX:02's concept is based on being the first-to-market design around a broad assortment of women’s athletic brands in an environment created specifically for that female customer, according to Foot Locker.

DLC Management Corp., based in Tarrytown, N.Y., is one of those savvy shopping center companies that seems to instinctively know what to buy, what to sell, what to redevelop, what to re-merchandise.  

And, most of all, DLC knows what will turn a shopping center on its ear.

Dallas -- Corner Bakery Café has signed a franchise agreement to open its first restaurants in New York’s Nassau County beginning in 2013. Earlier this year, Corner Bakery Cafe announced similar expansion plans in the Northeast, including Northern New Jersey, Connecticut and Rhode Island.
 
Four M Bakery, LLC, a group of veteran restaurant operators, which also owns 12 Buffalo Wild Wings through Four M Capital, LLC, has plans to open seven Corner Bakery Cafes in Nassau County.
 

Specialty retailer Five Below doubled in size the past three years and now the company has secured a new distribution center to help it replicate that accomplishment going forward.

The new 600,000-sq.-ft. facility in the northern Mississippi community of Olive Branch will become operational in 2013 and will complement the company’s existing distribution facility in Newark, De. Five Below is focused on teen and pre-teen customers and derives its name from a merchandise mix price at $5 or less.

New York -- Marimekko will open a flagship in the heart of Beverly Hills, Calif., on Nov. 15. The 5,000 -sq.-ft. store will feature the entire range of Marimekko products, from signature fashions to home furnishings and textiles, as well as a showroom to support further business development of the brand in the area.

The Finnish textile and clothing design company, renowned for its original prints and colors, opened a store in Palo in the Stanford Shopping Center, on Oct. 25.

Home Depot has opened its 100th location in Mexico, according to an article in El Financiero. The Atlanta-based retailer now operates 95 stores in 60 cities in Mexico, where it generates annual revenues of $1 billion, the newspaper said.

In the final quarter of 2012, Home Depot will open stores in the towns of Coahuila, Sonora, Veracruz, Michoacán and Nuevo León.

Dallas -- 7-Eleven announced that it has completed the purchase of 12 stores from Fast Track  in Central North Carolina, including Winston-Salem. Terms of the agreement are not disclosed.

Remodeling of the units to transform them into 7-Eleven stores gets underway in late November and rebranding is expected to be complete by mid-February 2013.

Los Angeles -- Jones Lang LaSalle has been selected by Time Warner Cable to handle project management for the development of the firm's six new retail stores in Southern California. The new stores are expected to open over the next six months.