Real Estate

Houston — Mattress Firm Holding Corp. has completed its acquisition of the mattress specialty retail assets and operations of Mattress Liquidators, Inc., which operates Mattress King retail stores in Colorado and BedMart retail stores in Arizona.

New York -- Women’s fashions and home décor retailer Soft Surroundings is planning to open six new stores, giving it a total of 18 locations, the St. Louis Business Journal reported.

New locations will include Richmond, Virginia; Lynnfield, Massachusetts; Alpharetta, Georgia; Madison, Wisconsin; Portland, Oregon; and Paramus, New Jersey.

Soft Surroundings launched in 1999 as a catalog.

Persistent winter weather took a bite out of Stein Mart’s net income in the first quarter, but the retailer rallied once the weather improved. It closed the quarter with total and comparable-store sales increases, and the upward trend has continued through May.

The company reported total sales for the four-week period ended May 31 of $109.6 million, a 2.2% increase over total sales of $107.3 million for the four-week period ended June 1 last year. Comparable store sales for the month increased 0.4% from comparable store sales for the same month last year.

Store closings are hardly an infrequent topic in this space. As a barometer for both the performance of individual brands and the market at large, they are an important part of the equation for any retail analyst. Store closings are part of healthy portfolio management for any brand, and, on a larger scale, bankruptcies and reorganizations are a reflection of the market at work.

New York -- Barnes & Noble Inc. is teaming up with Samsung Electronics America to develop a new Nook tablet. The co-branded devices will combine the Nook software with Samsung’s Galaxy Tab 4 hardware, creating full-service tablets that also can access Barnes & Noble’s collection of more than 3 million books, magazines and newspapers, according to a statement.   

Sidney, Neb. — Cabela’s Inc. plans to construct a 90,000-sq.-ft. store in Woodbury, New York. The retailer will begin construction in spring 2015 and expects to open in spring 2016. It will be Cabela’s second store in New York. The first, located in Cheektowaga, is expected to open this fall.

Colton, Calif. — Ashley Furniture HomeStore has opened a new store in Los Angeles. The two-story freestanding building encompasses 49,374 sq. ft.

Middleton, Wis. -- American Girl, a division of Mattel, announced plans to open its newest store at Scottsdale Quarter, an open-air lifestyle center owned by Glimcher Realty Trust and located in Scottsdale, Arizona.

The 12,000-sq.-ft. store is slated to open in late summer of 2015 and will be located within a new 180,000-sq.-ft. expansion of the property.