Real Estate

The maker of bagless and cordless vacuum cleaners and high-tech fans is looking to sell its products in its own branded spaces.

Dyson is planning to open a store on London’s Oxford Street as a prelude to opening locations around the world, The Daily Mail reported. The company has previously opened pop-ups at the Bluewater shopping center in Kent, England, and in select malls in the United States.

Orlando, Fla. -- Even though tropical storm Erika threatened Orlando, Florida, in advance of the ICSC Florida Deal-Making event earlier this month, attendees’ moods weren’t in the least dampened by the occasional rain showers. Attendance was strong and interest was high, as shopping center companies showed their wares to prospective tenants.

Smart & Final celebrated the one year anniversary of its public stock offering by telling investors a growth story about differentiation and new store expansion.
 
Smart & Final, a uniquely positioned operator of 266 warehouse style stores, has plans to open 100 new stores in the Western United States during the next four years. CEO Dave Hirz dropped that bombshell while he and other senior members of the company were at the New York Stock Exchange to ring the opening bell to commemorate the one year anniversary of the company’s listing.

Cincinnati -- Steiner + Associates and Bucksbaum Retail Properties released the names of 24 additional retailers to join super-regional, mixed-use Liberty Center in Cincinnati, which is scheduled for a grand opening on Oct. 22.

The 64 acre, 1.2 million sq. ft. Liberty Center is located at the junction of the Liberty Way Interchange at I-75 and SR 129 in Cincinnati. The project includes more than 800,000 sq. ft. of retail, restaurants and entertainment, 75,000 sq. ft. of office space, 240 luxury apartments and the 130-key hotel.

Neiman Marcus reported modest sales and a reduced loss for fourth quarter as it eyes an initial public stock offering and a bright omnichannel future.

Neiman Marcus posted a net loss of $32.9 million for the fourth quarter, compared to a net loss of $42.1 million in the year ago period.

Revenues at the company’s 43 full-line department stores and 42 Last Call off-price stores increased 4.9% to $1.17 billion. Same-store sales increased 1.9% for the fourth quarter ended Aug. 1.

Neiman Marcus reported modest sales growth and a reduced loss for its recently ended fourth quarter as the operator of 85 stores eyes an initial public stock offering and a bright omnichannel future.
 

Ross Dress for Less is opening new stores under both its namesake and dd’s Discounts banners. The specialty apparel retailer will open a 25,000-sq.-ft. Ross Dress for Less store in Twin Falls, Idaho, on Oct. 10.

This store is the 11th new Ross Dress for Less location in Idaho. The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

Austin, Texas -- GroundFloor Development and Prescott Group announced plans for Saint Elmo, a $120 million mixed-use project in Austin, Texas. Saint Elmo will include 225,000 sq. ft. of creative office space and feature a 40,000-sq.-ft. indoor-outdoor marketplace, seated alongside the new location for Austin’s Saxon Pub.