Real Estate

Birmingham, Ala. -- Hibbett Sports announced plans to open nine stores in October.

The locations are in Pine Bluff, Ark.; Louisville, Ky.; Ada and Grove, Okla.; Aiken, S.C.; Giddings and Nacogdoches, Texas; Grundy, Va.; and Hartford, Wis.
 

New Orleans -- Covington, La.-based Stirling Properties announced that The Fresh Market is coming to New Orleans. The retailer will lease the 24,000 sq.-ft., two-story building on St. Charles Avenue, in the city’s Garden District, which was previously occupied by Borders. 

This location will be The Fresh Market’s fourth in Louisiana with stores already in Baton Rouge, Lafayette and Mandeville.
 

In past columns, I’ve spent time discussing how supermarkets and big-box retailers are successfully rolling out smaller stores. What hasn’t been talked about much is how that trend is starting to spread across the industry, in particular, with specialty retailers. It’s not just the big boys getting smaller any more, it’s almost everyone.

MINNEAPOLIS — Target announced that it will retain the naming rights for the Target Center, which is home to the Minnesota Timberwolves, through a three-year extended agreement with AEG Facilities, which manages the stadium, and the Timberwolves. Under the new agreement, Target will have naming rights for the stadium through 2014. 

Flushing, N.Y. -- Five Guys Burgers and Fries said Monday is has opened a new location at Sky View Center, located in Flushing, N.Y.

The upscale fast-food chain has opened a 2,000-sq.-ft. location on level B of the 800,000-sq.-ft. regional mall, and is one of 200 new franchises opening in 2011 for the chain.

Dallas -- 7-Eleven is acquiring the retail interests of 28 locations owned by Pacific Convenience & Fuels LLC.

The acquisition includes sites in California, Oregon, Washington and Colorado, and is slated to close in fourth quarter 2011. Terms of the transaction have not been disclosed.

All of the locations will be rebranded as 7-Eleven and will retain the Conoco-Phillips/76 gasoline brands.

Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.

New York City -- Best Buy Co. is reviewing its 11 stores in the United Kingdom, according to the Sunday Express.

The chain operates the stores in a joint venture with Carphone Warehouse Group Plc. Best Buy is in talks with its shareholders about all possible options for its British stores, the newspaper said.