Real Estate

Atlanta -- Aaron’s said Tuesday it is opening five of its lease-to-own stores in the Midwest, south and on the East Coast.

From mid October to early November, Aaron's stores have opened in Delaware, Ohio; Ionia, Mich.; Franklin, Ky.; Indianola, Miss., and Towson, Md.

In September, the company opened its 2,000th store – located in the Bronx, N.Y.

Naperville, Ill. -- OfficeMax Inc. reported Tuesday that net income for the third quarter jumped to $433.5 million from $22 million in the same period last year, as the office supply retailer eliminated non-recourse debt guaranteed by Lehman Bros. Holdings from its books.

Revenue dipped 1.7% to $1.74 billion, missing Wall Street’s expected $1.87 billion. Same-store sales fell 2.1%.

NEW YORK — Tiffany & Co. announced plans to open a 10,000 sq. ft., multi-level flagshop store in Paris in 2014. The store will be located at 62, Avenue des Champs Elysées.

West Des Moines, Iowa -- Kum & Go has announced plans to invest $90 million in building a total of 20-25 new stores in the Colorado Springs and Pikes Peak region of the Centennial State within the next five years.
 
Kum & Go, the fifth largest privately held company-operated convenience store chain in the United States, is marking the grand opening of its first three stores in Colorado Springs this week.
 

Seattle -- REI (Recreational Equipment, Inc.) will open a store in Silverdale, Wash., in the fall of 2013.

The 24,500 sq.-ft. store will include a seasonal rental department that will allow customers to test new outdoor activities, and a bike shop that will provide expert assembly and repair services. The store's community space will host outdoor-related classes, presentations and events.

New York -- Tiffany & Co. announced that it plans to open a flagship in Paris.

The approximately 10,000-sq.-ft. multi-level store will be located at 62 Avenue des Champs Elysées and is expected to open in 2014.

SAN FRANCISCO — Williams-Sonoma will open its first store in Quebec, Canada, on Nov. 3. Located at Carrefour Laval in Laval, Quebec, the new store marks Williams-Sonoma’s eighth location in Canada, and will be the first to showcase a brand new store design.

Dallas -- 7-Eleven announced that it has acquired the retail and wholesale dealer assets of San Antonio-based Tetco, closing a deal that was announced Aug. 14.

The assets include 163 company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.

Terms of the deal were not disclosed.

The acquisition signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.

Seattle -- Nordstrom said it plans to open a Nordstrom Rack in Birmingham, Ala. This will be the retailer's first location in the state.

The approximately 35,000-sq. ft. store is scheduled to open in spring 2013 at River Ridge Shopping Center. The center is owned and operated by DDR Corp.

San Francisco — Williams-Sonoma said Friday that it will open its first store in Quebec — and its eighth in Canada — which will showcase a new design for the brand.

Opening on Saturday at Carrefour Laval in Laval, Quebec, the new store incorporates added interactive features, a new layout and several terminals where customers can complete purchases throughout the store.