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  • Mall of America 'Debuts' a pop-up collection

    On Nov. 16, the Mall of America will open the doors on a revolving collection of pop-up shops that will come and go throughout the year.   Branded as Debut, the 2,500-sq.-ft. space will be kicked off by an eclectic selection of nine brands including Askov Finlayson, West Elm Local, Woolrich, Pomegranate, and Laurel Way by Pam Mondale.  

  • New retailers fill redeveloped New Jersey center

    Target, HomeGoods, and Petco will be opening this month at Closter Plaza, a Whole Foods-anchored center in Closter, New Jersey, undergoing a complete redevelopment.   Owner Edens has stated it is “re-energizing” the 208,337-sq.-ft. center with tenants possessing greater appeal to affluent local residents. The developer reports that the average household income within a five-mile radius of the center is $134,000.  

  • Santa to take flight at 12 Taubman malls

    Taubman is taking the Santa experience to a higher level — literally — at 12 malls this holiday season.   On Nov. 11, the mall owner and manager will debut “Santa’s Flight Academy,” where kids will be able to register as members of the jolly old elf’s flight crew, help Sleigh Mechanic George or Reindeer Caretaker Flash prepare for liftoff and engage in what Taubman is describing as an “immersive holiday experience.”  

  • Brickell City Centre makes its debut

    Four years of construction in Miami’s Brickell financial district culminates on Thursday with the opening of a three-level, open-air retail center featuring the return of Saks Fifth Avenue to the city after a 30-year absence.  

  • Phillips Edison acquires two more centers

    Grocery-anchored center specialist Phillips Edison has announced the acquisition of two more centers, making it three for the week.   It purchased the 257,979-sq.-ft. Southern Palms in Tempe, Arizona, which is anchored by the fresh format grocer Sprouts and also houses Planet Fitness, Firehouse Subs, Sally Beauty, and West Marine Products.  

  • Zara takes space at Cherry Hill Mall

    Zara, the trendy global fashion retailer, will soon assume a place between Macy’s and Nordstrom at the Cherry Hill Mall in suburban Philadelphia.   

  • Phillips Edison buys Naples center

    Phillips Edison, a major player in grocery-anchored centers, has acquired the Mission Hills Shopping Center in Naples, Florida, according to The Real Deal, a south Florida real estate site.     The 11-year-old, 85,078-sq.-ft. center anchored by Winn-Dixie and Anytime Fitness is 97% leased, according to the seller, The Hampshire Companies. Terms of the deal were not disclosed.   More than 3,000 homes are under construction within two miles of the Mission Hills center, according to Hampshire.

  • Orangetheory among new tenants at Santa Fe center

    Phillips Edison & Company announced the signing of three new tenants at its 117,006-sq.-ft. Coronado Center in Santa Fe.   Orangetheory makes its debut in the New Mexico capital in a 2,640-sq.-ft. space and gets a wellness accompaniment from Nutrishop, which inhabits a nearby 1,000-sq.-ft. store.   The New Bakery Company, a Santa Fe fixture for 19 years, is re-opening at Coronado Center with a renovated space and new ownership.  

  • DLC chief: Big acquisition means big work ahead

    DLC Management Corp.’s joint acquisition of 16 properties with DRA Advisors this month increased the square footage of its portfolio by 26% and its dollar value by 17%. DLC president and CEO Adam Ifshin aims to increase that dollar contribution in the years to come.    “We don’t buy value-add properties and baby-sit them,” he told Chain Store Age. “We come to them with a business plan and ask ourselves ‘How do we add value?’”  

  • Amazon’s fast-growing cloud business keeps company profitable

    Amazon’s cloud services business is on fire.   Amazon Web Services holds a 45% market share of the worldwide public market for Infrastructure as a service (IaaS), which is greater than Microsoft, Google and IBM’s shares combined, according to a quarterly analysis by Synergy Research Group.  
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