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Real Estate

  • SPECS to showcase Samsung’s experiential retail flagship

    When Samsung Electronics America opened the doors to Samsung 837 in the heart of New York City, it unveiled a digital playground that personifies the evolution — and future — of retail. The store will be the focus of a session at Chain Store Age’s upcoming SPECS conference (March 12-14, at the Gaylord Palms, Kissimmee, Florida).      

  • This old store: Keys for transforming historic spaces

    For a retailer, the allure of a historic building is obvious. A renovated historic space conveys a unique degree of character and a memorable and defining sense of place. It can help a brand or business stand out in a crowded and competitive retail marketplace and deliver that all-important experiential element.  

  • Specialty game retailer files Chapter 11

    Apparently mind-challenging games and puzzles weren’t big on holiday lists last year.   Marbles: The Brain Store has filed for Chapter 11 bankruptcy protection, with plans to close its 37 stores, reported The Chicago Tribune. In its filing, the Chicago-based retailer cited a "dramatic downturn" in its 2016 holiday business that left it short on cash.   

  • Warby Parker in store expansion

    Warby Parker is making a big commitment to brick-and-mortar.    The hip eyewear retailer plans to open at least 25 stores this year, The Wall Street Journal reported.   The new locations, planned for Miami, Philadelphia, Los Angeles and other cities, are expected to bring Warby Parker’s total store count to about 70 by year end.    The stores will range in size and include freestanding as well as mall locations, the report said. 

  • Kroger buys iconic New York specialty grocer

    The Kroger Co. has acquired a New York City-based retailer of specialty cheeses and meats.   The supermarket giant has purchased Murray's Cheese, which was founded in 1940. Financial terms of the deal were not disclosed.    Kroger also bought the three Greenwich Village retail condominium units that house Murray’s home base. The five-story, 22,000-sq-ft. building, which is also home to a bakery, was owned by Murray’s Cheese.    

  • Southampton locals rally behind shopping center

    Some 100 locals from tony Southampton, New York, gathered outside Town Hall yesterday to show their support for the building of a grocery-anchored center in the Tuckahoe neighborhood, according to Newsday.   Demonstrators wearing “Yes Tuckahoe Shopping Center” T-shirts argued that the King Kullen supermarket proposed for the project would give them easier access to affordable groceries.  

  • Dick’s Sporting Goods to take former Sears space at Capital City Mall

    Dick’s Sporting Goods will be relocating one of its stores in the Harrisburg, Pennsylvania, metro to space formerly inhabited by Sears at PREIT’s Capital City Mall.  

  • Mega-mall in Florida gets preliminary approval

    The largest proposed mall and entertainment center in North America  has been granted its first approval.    The comphrehensive master plan of the massive,  6.2 million-sq.-ft.  American Dream Miami project won preliminary approval from the Miami-Dade County Commission, reported The Read Deal.  
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