News Briefs

Lowe’s is gearing up to open its fifth new store in 2025 as it expands its presence in the fast-growing Sunbelt region.

The home improvement giant will open a new location in Maricopa, Ariz. on July 25. The new Lowe’s store will feature approximately 94,000 sq. ft. of retail space, plus approximately 30,000 sq. ft. of outdoor garden space. 

The new Arizona location will employ more than 100 associates. Lowe’s operates more than 30 locations in the state.

The Maricopa location will mark the fifth new opening for Lowe’s so far this year. Previous new openings included:

• Asheville, N.C. (reopening following Hurricane Helene)
• Magnolia, Texas
• North Fort Worth, Texas
• Georgetown, Texas

[READ MORE: Lowe’s completes $1.32 billion purchase of home pro service provider]

With total fiscal year 2024 sales of more than $83 billion, Mooresville, N.C.-based Lowe's Companies Inc. operates more than 1,700 home improvement stores and employs approximately 300,000 associates.

Chase Properties has added a handful of new outdoor shopping centers to its portfolio.

The Ohio-based real estate investment firm has acquired a four-property retail portfolio totaling 514,983 sq. ft. with two centers in Texas and two in Arkansas. This strategic transaction marks Chase Properties' entry into both states, expanding the company's growing footprint into four new markets.

The newly-acquired properties include the following: 

• Southloop Crossing (Lufkin, Texas) Anchored by Old Navy, Michaels, Ross, and Five Below.
• Killeen Marketplace (Killeen, Texas) Featuring Ross, Best Buy, and Shoe Carnival.
• Southcenter Shopping Center (Hot Springs, Ark.) Anchored by Kroger, Hobby Lobby, and Ross.
• Massard Crossing (Fort Smith, Ark.) Adjacent to a top-performing Walmart with TJ Maxx, Ross, and Five Below.

"We are thrilled to incorporate these four well-positioned community shopping centers into the Chase Properties portfolio," said Andy Kline, co-CEO of Chase Properties. "This acquisition represents our first retail assets in Texas and Arkansas. While we have previously invested in multifamily properties in Texas, this marks a significant expansion of our retail presence in both states. The addition of these retail shopping centers in secondary and tertiary markets aligns perfectly with our long-term retail investment strategy.”

[READ MORE: Florida’s Aventura tops USA Today’s 10 Best Malls list]

Prior to the acquisitions, Chase Properties operated 35 retail properties in 21 states. The company owns retail, industrial, and multifamily assets.

Dollarama Inc. has expanded Down Under. 

The Canadian value retailer has completed its acquisition of The Reject Shop, the largest discount retailer in Australia, in an all-cash transaction valued at C$233 million. Headquartered in Melbourne, The Reject Shop has over 390 locations across Australia, with stores selling private label and brand-name products. 

When the deal was first announced in March, Dollarama said it saw the potential to expand the chain’s footprint to approximately 700 stores by 2034. 

"We are pleased to officially welcome the TRS team to Dollarama," said Neil Rossy, president and CEO of Dollarama. "Expanding our international reach supports our long-term growth strategy, and we are thrilled to be embarking on this exciting new chapter with TRS's local leaders and more than 5,000 employees. By working together and applying Dollarama's strengths in sourcing, merchandising and retail operations, we are well positioned to deliver compelling value to Australian consumers and to drive the expansion of our new Australian growth platform over the long term."

Dollarama has 1,638 locations across all Canadian provinces and two territories. It also owns a 60.1% interest in Dollarcity, a growing Latin American value retailer.

Amazon is expanding in the AI-powered wearable devices space.

The company is acquiring Bee, a wearables startup that makes a Fitbit-like bracelet that records and transcribes the conversations of the user and the people around them. Using the content, Bee can create to-do lists, daily reminders and other resources for the user in a mobile app.  

Bee was founded in 2024 by Maria de Lourdes Zollo, who serves as CEO, and Ethan Sutin, who serves as CTO. Zollo confirmed the acquisition in a post on LinkedIn. 

“Bee is joining Amazon and we couldn’t be more excited! When we started Bee, we imagined a world where AI is truly personal, where your life is understood and enhanced by technology that learns with you. What began as a dream with an incredible team and community now finds a new home at Amazon," Zollo wrote.   

Terms of the deal were not disclosed.

The Bee wearable connects with key Google services, including Gmail, Google Contacts and Google Calendar, to help users organize their “digital life,” the company states on its website. 

Amazon previously entered the wearables space in 2020 with Halo, a health monitoring device. In April 2023, the company moved out of the business and said Halo devices would no longer work as of Aug. 1, 2023.

North America’s largest shopping and entertainment center is back with a new live activation celebrating boba tea and a popular fictional character.

Mall of America is celebrating the official launch of a limited-time collaboration between Niko Niko Boba and Miffy, a fictional cartoon rabbit, with a special meet and greet this Saturday, July 26. Niko Niko Boba has teamed up with Miffy, for their newest collaboration, Miffy’s Sunny Sips, a trio of fruity bubble teas including Blueberry Bliss, Peachy Glow, and Berry Cloud. To celebrate the official launch, Miffy is making a special in-person appearance at Niko Niko Boba flagship store at Mall of America, Level 3, North.

Guests are invited to snap a photo with the beloved character Miffy, sip on the limited-time drinks, and shop exclusive merch, including Miffy-themed tumblers, totes, collectible cup sleeves, and more. The event is free and open to the public, while supplies last.

Miffy is a beloved children’s character created by Dutch artist Dick Bruna in 1955. With her “simple, charming design,” Miffy has become a global icon featured in books, TV shows, and lifestyle collaborations. 

The Niko Niko Boba x Miffy collaboration launches in all Minnesota and Colorado locations on July 26 for a limited-time-only. Niko Niko Boba operates 15 locations across the two states, including three within Mall of America.

[READ MORE: Twiggy the Squirrel skis again at Mall of America]

At 5.6 million sq. ft., Mall of America, located in Bloomington, Minn., is the largest shopping and entertainment complex in North America with up to 520 retail stores and restaurants, and several entertainment attractions.

Trader Joe’s continues to expand its retail footprint across the United States.

The popular grocer, which operates in 43 states and the District of Columbia, keeps a running list on its website of its upcoming locations, with the list updated on a regular basis. Recent Trader Joe’s openings include Northridge Calif., Sherman Oaks, Calif. and Westminister, Colo.

[READ MORE: Placer.ai: Aldi, Trader Joe's, Lidl store visits outperforming wider grocery segment]

Here is the updated list of upcoming Trader Joe’s stores (as of July 24), listed as “opening soon” on its website.

• Goodyear, Ariz.
• Yucaipa, Calif.
• La Verne, Calif.  
• Shelton, Conn.   
• Daytona Beach, Fla.   
• Peachtree City, Ga
• New Orleans (Tulane Ave.)
• New Orleans (Napoleon Ave.)  
• Iselin, N.J.  
• Newton, Mass.    
• Boston (Roxbury neighborhood) 
• Columbia, Mo.   
• Miller Place, N.Y.    
• Glenmont, N.Y.  
• Staten Island, N.Y.    
• Broken Arrow, Okla.  
• Oklahoma City, Okla.  
• Gresham, Ore.   
• Bee Cave, Texas    
• McKinney, Texas
• San Antonio, Texas
• Holladay, Utah    
• Riverdale, Utah    
• Berwyn, Penn.  
• Exton, Penn.   
• Virginia Beach, Va.   
• Myrtle Beach, S.C.  
• Washington, D.C (Friendship Heights)

As of July 15, 2025, Trader Joe's operates 608 stores nationwide.