Real Estate

New York -- In a partnership with the U.K.-based retailer PC World, Google has opened its first-ever physical retail space, a pop-up shop in London.  It will be open for three months. 

The small,  285-sq.-ft. shop, called Chrome Zone, is devoted to Samsung’s ultra-portable Chrome OS-powered Chromebook computer and related accessories.  The space  has a high-tech look and is decked out in Google’s signature colors. 

With its chief marketing officer, Michael Francis leaving to take on the role of president of JCPenney, Target is temporarily without an executive to head up its expansion into Canada, which should come as good news to Walmart Canada, which recently announced some leadership changes of its own.

Former Asda executive and Walmart Canada CEO David Cheesewright has a new role that opens up some intriguing growth possibilities, given his new responsibilities include oversight of geographic areas where Walmart doesn’t currently operate stores.

Milford, Conn. — Subway said Monday that it opened more than 400 sandwich shops during August and September in 44 countries, 36 U.S. states and seven Canadian provinces.

The new restaurants account for more than 480,000 sq. ft. of retail space and bring the total number of Subways to just over 35,300 locations in 98 countries.

Pittsburgh -- Dick’s Sporting Goods announced the opening of three stores. 

The company will will open the doors to its stores in Suffolk, Va., Burlington, N.C., and  El Cajon, Calif., on Wednesday, Oct. 5

Johannesburg, South Africa — A Bloomberg report on Sunday said that Massmart Holdings Ltd., the South African retailer controlled by Wal-Mart Stores, Inc., will open 23 new outlets over the next eight months, part of its plan to not only expand its coverage area but also to add jobs in the region. The plan calls for 15,000 jobs over the next three years.

The retailer also said it will repeat a price-cut promotion at its stores.

The current economic climate has us all thinking more about retail expansion than perhaps over the last two to three years, but real estate disposition/portfolio optimization isn’t just on simmer. There’s still plenty of action in that arena, and Chain Store Age talked with Spence J. Mehl, SVP of New York City-based RCS Real Estate Advisors, about the latest happenings.

T-Mobile is rolling out a new design to nearly 400 stores across the country. The new format, which the company adopted from parent company Deutsche Telekom AG, has a streamlined, ultra-modern look, and includes a variety of service options, from standing counters on the sales floor for quick transactions to more private individual service desks where customers can meet with sales associates.

Seattle -- Nordstrom announced plans to open a new Nordstrom Rack in Temecula, Calif.

The 35,700-sq-ft, store is scheduled to open during spring 2012 at Commons at Temecula, a regional shopping center. It will occupy the former Linens 'n Things space.