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Real Estate

  • Fashion retailer expanding into new markets

    South Moon Under is on the move. The on-trend fashion retailer, which carries a variety of contemporary brands, will open its first stores in the South in April, with locations at Ponce City Market, Atlanta, and Avalon, Alpharetta, Georgia. In the fall, the company will open a store at Shops Around Lenox, Atlanta.
  • Beauty powerhouse goes high-tech, high-service in Manhattan

    Sephora is taking experiential retail to a new level in New York City.   The beauty retailer has remodeled two of its high-profile Manhattan locations to its new “Beauty Tip” (Teach, Inspire, Play) store format. The locations include Sephora’s 11,300-sq.-ft. store on 34th Street, its largest store in North American, as well as a Fifth Avenue location.   
  • Fashion retailer expanding into new markets

    South Moon Under is on the move.   The on-trend fashion retailer, which carries a variety of contemporary brands, will open its first stores in the South in April, with locations at Ponce City Market, Atlanta, and Avalon, Alpharetta, Georgia. In the fall, the company will open a store at Shops Around Lenox, Atlanta.    
  • The Reimagining of Cumberland Farms

    Cumberland Farms, a convenience store fixture in New England and central Florida for half a century, once fielded more than 1,000 stores. Today it has pared down to 600 stores as it transforms itself from a strip-center and gas station dairy store to a chain of freestanding, modern C-stores providing food service and gasoline, along the lines of Quik Check and Wawa.  
  • The store of the year is…

    Shop!, the global non-profit trade association dedicated to enhancing retail environments and experiences, has announced the winners of its 46th year annual store design competition, and a specialty store took top honors.    
  • Stage Stores to acquire bankrupt department store chain — but not all of it

    Gordmans is being rescued from liquidation — at least, part of it.    Stage Stores won a bid to acquire about half of Gordmans’ stores. The Omaha, Nebraska-based department store chain filed for Chapter 11 on March 13.    The retailer’s bid edged out Jeff Gordman, the former CEO of Gordmans, who also made a play to revive the bankrupt 106-store department store chain.   
  • Amazon continues expanding distribution network

    The online giant is bolstering its fleet of warehouses in the Lone Star State.   Amazon’s newest fulfillment center will be in Katy, Texas — its 10th in the state. The 1 million sq ft. facility will employ 1,000 associates who will pick, pack and ship larger-sized customer items, such as music equipment, sports gear and electronics.  
  • Racine advances $16 million mall rescue plan

    Trusted national news sources such as the Wall Street Journal and New York Times continue to augur the fall the mall, but many American towns won’t give them up without a fight.   One such is Racine, Wisconsin, whose City Plan Commission advanced a scheme to revitalize the failing Regency Mall by forming a tax increment district (TID) around the 134-acre site that includes out-lots housing Target, Home Depot, Toys R Us, and the High Ridge Center.  
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