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Development/Redevelopment

  • Ross Dress For Less to open at Millcreek Mall

    Erie, Pa. -- Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a store at the Millcreek Mall Complex near Erie, Pa.

    The new store will open in the Millcreek Pavilion section of the complex this fall. It will occupy more than 25,000 sq. ft. next to Old Navy.

    Millcreek Mall Complex, located in Millcreek Township, comprises more than two million sq. ft. of shopping, lodging, dining and entertainment.
     

  • Ross Stores makes executive appointment in real estate

    Pleasanton, Calif. -- Ross Stores announced that Glen Boyer, previously VP real estate market research, has been named group VP real estate market research & property management.

  • Starbucks ramping up expansion in China

    New York -- Starbucks Coffee Co. is planning to a major push into smaller cities in China, with a target of 1,500 stores in more than 70 Chinese cities by 2015, Bloomberg reported.

    China will become the chain’s second largest market outside the United States, the report said. Currently, Starbucks has about 500 outlets in China and operates in 48 cities.

  • Freedom Crossing, first open-air center on military base, announces new tenants

    El Paso, Texas -- Freedom Crossing at Fort Bliss, the first-ever, open-air shopping center to be part of a United States military installation, announced that A'Gaci, O'shoes, and Texas Roadhouse will soon open at the retail destination. Comprised of more than 461,000 sq. ft. of gross leasable area, Freedom Crossing is one of the only shopping centers to be built in the United States in recent years, and the first opportunity for businesses to privately operate within an open-air center on a U.S. military installation

  • Michaels Stores files IPO

    New York -- Michaels Stores Friday confirmed that it is has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. According to the filing, the company proposed to raise $500 million in the IPO. The number of shares to be sold and the price range for the proposed offering have not yet been determined.

  • Dollar General to open 10,000th store

    Goodlettsville, Tenn. -- Dollar General Corp. announced the opening of its 10,000 store, giving the retailer a coast-to-coast presence for the first time in its history. The location is in Merced, Calif., and is due to officially open on Saturday. It will be Dollar General’s fifth store to open in California.

    “Opening the doors of our 10,000th store is a meaningful day for all of us at Dollar General, and we are excited to celebrate the occasion in California,” said Rick Dreiling, Dollar General’s chairman and CEO.

  • 10,000 and counting for Dollar General

    GOODLETTSVILLE, Tenn. — Nothing is slowing down Dollar General, which, shortly after reporting surging quarterly sales and profits, announced that it will open its 10,000th store in the United States. The store will be located in Merced, Calif., and is one the company's first stores in California.

  • Report: Appeal filed against building permits for Walmart store in Los Angeles’ Chinatown

    New York -- Los Angeles Alliance for a New Economy, a Los Angeles community group, as filed an appeal against the building permits granted to Wal-Mart Stores to build a store in the city's Chinatown neighborhood, the Associated Press reported.

    The chain obtained necessary permits to build a 33,000-sq-ft. store last week, one day before the City Council was due to vote on a building moratorium for large retail chains in Chinatown, the report said.
     

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