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Development/Redevelopment

  • Orchard Supply swings to loss in Q2; on track with opening/remodeling program

    San Jose, Calif. -- Orchard Supply Hardware Stores Corp. reported Tuesday a loss of $26.7 million for the quarter ended July 28, compared with net income of $3.9 million in the year-ago period. The results include write-offs and charges related to real estate sale-leaseback transactions.

    Sales dipped to $194.1 million from $196.4 million, and same-store sales edged up 0.9%.

  • Ann Taylor sets date for international debut with store in Toronto

    New York -- Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre. The company will open a second store in Canada, located in Toronto’s Yorkdale Shopping Centre, in November.

  • Papa Murphy's to open 100 Middle East locations

    Vancouver, Wash. -- The international arm of Take-and-bake pizza operator Papa Murphy’s announced Monday it has signed a master franchise agreement with MAM Foodco to open 100 locations throughout the Gulf Cooperation Council.

    The first location, which marks the chain’s debut outside North America, is slated to open in Dubai, UAE, before the end of 2012.
     

  • The Men’s Wearhouse to open outlet stores

    New York -- The Men’s Wearhouse will make its outlet center debut in the fourth quarter, opening five stores under the Men’s Wearhouse Outlet banner, management said during the company’s recent earnings call with investors. The stores will be located in outlet centers across the United States.

  • Casey's profit slips in Q1 but beats Street

    Ankeny, Iowa -- C-store operator Casey's General Stores Inc. reported Monday a profit of $39 million in the quarter ended July 31, compared with a profit of $39.4 million last year.

    Results beat Wall Street expectations, although flat revenue of $1.87 billion missed forecasts of $1.93 billion in sales.

  • Englewood Construction completes two shopping center projects for General Growth and GK Development

    Chicago -- Englewood Construction has announced its interiors team recently completed work for General Growth Properties at Water Tower Place in Chicago, and for GK Development at the Peru Mall in Peru, Ill.

    In Chicago, Englewood Construction completed a 5,000-sq.-ft. space reconfiguration for landlord General Growth Properties at Water Tower Place on the iconic Magnificent Mile.  Shapiro Associates LTD. of Chicago served as the architect for the project.

  • iFixandRepair to open at Willow Grove Park

    Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that iFixandRepair will join its Willow Grove Park, Pa., property this fall.

    The 1,077-sq.-ft. store joins other Willow Grove Park wireless electronics retailers such as AT&T, Best Buy Mobile, RadioShack, Sprint Nextel, T-Mobile and Verizon Wireless.

  • Progressive AE and Design Plus announce merger

    Grand Rapids, Mich. -- Progressive AE and Design Plus, both of which are based in Grand Raids, Mich., announced they have merged to create one of the area’s largest full-service design firms specializing in architecture, engineering and interior design. Financial details of the merger were not disclosed.

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