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Real Estate

  • Joe Fresh and J.C. Penney partnership to end

    Toronto -- Canada’s Loblaw Companies Ltd. said it will pull its Joe Fresh brand from J.C. Penney stores in the United States at the beginning of next year as it looks to concentrate on freestanding Joe Fresh stores and e-commerce.  

  • Warby Parker continues to expand, opens store in Chicago

    New York -- Hip online eyewear retailer Warby Parker continues its brick-and-mortar expansion. The company has opened its 12th store to date, in Chicago’s Lincoln Park neighborhood.  

    The 2,200-sq.-ft. store is Warby Parker’s first permanent location in the Midwest. It joins locations in cities across the nation, including such as New York, Miami, Dallas and Los Angeles.

  • H&M opening its largest store to date, 63,000-sq.-ft. flagship in Manhattan

    New York -- H&M will open its largest store in the world, in Manhattan’s Herald Center, on May 20. The 63,000-sq.-ft. store, located at the southwest corner of 34th Street where Broadway and Avenue of the Americas converge, will be the fast-fashion giant’s 13th location in Manhattan. To celebrate opening day, music superstar John Legend will perform and cut the ribbon and twenty lucky winners will be chosen at random for a meet and greet.

  • Schnuck Markets to build state-of-art DC

    St. Louis -- Schnuck Markets will begin construction of a new estimated $100 million, state-of-the-art distribution center at NorthPark in Kinloch in north St. Louis County. The 915,000-sq.-ft. center is expected to be completed in summer 2016.

  • H&M to open its largest store ever in N.Y.

    H&M is making a big statement in Manhattan.

    The Swedish fast fashion retailer will open its largest store in the world, in Manhattan’s Herald Center, on May 20.

  • Big Shopping Centers in joint venture partnership with Red Development

    Phoenix -- Big Shopping Centers USA and Red Development have announced a joint venture partnership to maximize market presence and performance of select U.S. retail properties in the Midwest and West. The alliance seeks to acquire established, first-tier community, lifestyle and power centers with strong tenant line-ups and sales figures that are well positioned in markets throughout the United States.

  • Tucker Development, Hutensky Capital Partners acquire Town Square Wheaton

    Chicago -- Tucker Development, in joint venture with Hutensky Capital Partners, announced the $57.25 million acquisition of Town Square Wheaton (TSW), a 200,000-sq.-ft. shopping, dining and office destination located in Wheaton, Illinois.
     

  • Whole Foods targets Millennials with new store concept

    Whole Foods Market set another sales record in the second quarter – but that’s not enough for the grocery chain, which announced it is launching a new store concept targeted to the Millennial shopper.

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