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Real Estate

  • Macy’s to open at Gurnee Mills

    Gurnee, Ill. — Indianapolis-based Simon Property Group announced that Macy’s will open at Gurnee Mills, the largest outlet and value retail shopping destination in Illinois.

    The nearly 140,000-sq.-ft. Macy’s full-line department store is slated to open in spring 2013. It will anchor a new full-price wing at the center, adding a new dimension to Gurnee Mills’ value shopping experience. 

  • Jim’s Market to open at Doddway Center

    St. Paul, Minn. — Paster Enterprises announced that grocer Jim’s Market will open a 24,800-sq.-ft. location at Doddway Center, located in St. Paul. 

    The new Jim’s Market will be the fourth location in the St. Paul area, and will take the place of current anchor tenant, R.C. Dick’s Foods. Jim’s Market will make significant renovations to the property during the coming months, including new flooring, an updated front entrance and upgrades to the deli section, frozen foods department and meat counter. 

  • Tanger and Peterson Cos. to develop Tanger Outlets at National Harbor

    Washington, D.C. — Tanger Factory Outlet Centers Inc. and The Peterson Cos. announced that they have entered into a joint venture agreement to develop, manage and lease Tanger Outlets at National Harbor.

  • Premium Outlets to make Canadian debut

    Toronto, Ontario  — Indianapolis-based Simon Property Group and Toronto-based Calloway Real Estate Investment Trust announced they will develop the first Premium Outlet Center in Canada. 

    The center will be located in the Town of Halton Hills, Ontario, just 15 minutes outside of Toronto. Construction is slated to start in spring 2012. 

  • Dollar General to make California debut

    Goodlettsville, Tenn. — Dollar General Corp. announced that it plans to open its first stores in California in 2012 following successful expansions in such other western states as Arizona and Colorado in recent years.

    “Our California stores will mark a significant milestone for Dollar General, giving us a coast-to-coast presence for the first time,” said Rick Dreiling, chairman and CEO.

  • Walmart, Home Depot each pledge $1 million for Joplin tornado relief

    New York — Walmart and The Home Depot have each pledged $1 million to help rebuilding efforts in tornado-ravaged Joplin, Mo.

    Each of the retailers had a store in Joplin that was leveled in the storm. Both stores had fatalities inside them.

    In a statement, Walmart said it has accounted for all of its associates working at the store at that time, but still is reaching out to all of its employees in the area. It also is working to direct truckloads of water, food and other basic items to Joplin.

  • Macy’s: Two new stores in the works

    Cincinnati — Macy’s Inc. said it will open two new stores near Chicago and Milwaukee, including its first-ever location in an outlet mall.

  • Report: Nordstrom eyeing Canada

    New York — Nordstrom Inc. is scouting out sites to expand into Canada, Dow Jones reported.

    "We already know we have a lot of Canadian customers," Nordstrom spokesman Colin Johnson said in the report. Also, Canadians make up the biggest share of Nordstrom's international online customers.

    Johnson did not give a timeframe when Nordstrom might make a formal announcement, but did say the company would start with its full-priced stores before opening any Nordstrom Rack outlets in the country, according to the report.

  • Gap expanding Athleta brand

    New York — Gap Inc. plans to Athleta stores at the Grove shopping center in Los Angeles and at Fashion Island mall in Newport Beach, Calif., this fall, according to the Los Angeles Times.

    Gap bought Athleta, which sells sells women’s clothing for such sports as yoga, running and swimming, along with shoes and other fitness accessories, in 2008. At the time, Athleta just an online and catalog business. The brand opened its first two retail stores in the last year, both in Northern California.

  • Ikea to install solar panels on six additional locations

    Conshohocken, Pa. — Ikea plans to install solar photovoltaic systems on six more of its locations in the Eastern United States. Pending governmental permits, installation will begin in late spring, with completion expected this fall.

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