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Development/Redevelopment

  • Gensler to refurbish Wilkes Bashford

    San Francisco -- Gensler has been selected to refurbish Wilkes Bashford, an upscale men’s and women’s clothing store in San Francisco. The project will involve a top-to-bottom renovation of the iconic, seven-level store.

  • Fannie May Fine Chocolates in 62-store franchise deal

    Carle Place, N.Y. -- 1-800-Flowers.com announced Tuesday the signing of a 45-store franchise development agreement for its Fannie May Fine Chocolates division with GB Chocolates. The agreement calls for 45 new Fannie May franchise stores beginning in December 2011, with all open and operating by year-end 2014.

    The first three stores under the agreement are slated to open in Minnesota in time for the Christmas holiday. The agreement provides exclusive development rights for several Midwestern states as well as specific cities in Florida and Ohio.

  • Collective Brands swings to loss in Q3, accelerates closures

    Topeka, Kan. -- Collective Brands Inc., parent of Payless ShoeSource, reported Monday that it swung to a loss of $114.3 million in the quarter ended Oct. 29, compared with a profit of $47.6 million in the year-ago period. Excluding a tax-related charge, the retailer would have gained $37.1 million in the quarter.

  • New retail concept for kids makes Chicago debut

    New York City -- A new retail concept, Wonder!, has opened it first location in Deerfield, Ill. The 135,000-sq.-ft. space is intended as a one-stop shopping solution, focused on children ages birth to seven years. It combines a broad selection of product (including baby gear, furniture, bedding, apparel, and toys) with an array of experiential elements.

  • Brown Shoe to close 145 Famous Footwear stores, sell off some units

    St. Louis -- Brown Shoe Co. said Monday that while profit rose dramatically in the third quarter thanks to a business unit divestiture, the retailer will cut several of its lines and close underperforming stores nationwide to shore up profitability.

  • Kohl’s is Green Power Partner of the Year for third consecutive year

    Menomonee Falls, Wis. -- Kohl’s Corp. was recognized with its third Green Power Partner of the Year Award by the U.S. Environmental Protection Agency, the U.S. Department of Energy and the Center for Resource Solutions. The chain is the first retailer to be named Partner of the Year for three consecutive years.

  • Golden Triangle Mall acquired, to be redeveloped

    Dallas -- GTM Development, a limited partnership created by The MGHerring Group and Cencor Realty Services, said it has completed the acquisition of Golden Triangle Mall in Denton, Texas.

    MGHerring will be responsible for the redevelopment of the 765,000-sq.-ft. Golden Triangle Mall, which will begin in early 2012 with a grand reopening slated for next fall.

    Cencor manages the mall while MGHerring and The Weitzman Group, Cencor’s brokerage affiliate, jointly lease the property.

  • A Look Ahead to ICSC New York Deal-Making

    As the International Council of Shopping Centers’ New York Deal-Making Conference in New York City quickly approaches, it seems appropriate to zero in on the world’s No. 1 retailing market. Chain Store Age talked with Ivan Friedman, president and CEO of New York City-based RCS Real Estate Advisors about the Dec. 5-6 conference, and the state of retail in the Big Apple and its surrounding region.

    What are your thoughts on the upcoming NY ICSC show?

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