Apparel

Store of the Week: Bond No. 9, New York City
Bond No. 9 raises the bar for fragrance retailers with its redesigned flagship in downtown Manhattan. The space is transformed with glittering chandeliers, smoky mirrors and splashes of color. Read More
Gap continues global expansion with first Old Navy stores in the Middle East
San Francisco -- Gap Inc. announced it has signed agreements to open Old Navy stores in six Middle Eastern countries with franchisees Fawaz A. Alhokair & Co. and Azadea beginning spring 2015. The first markets include U.A.E., Kuwait, Qatar and Saudi Arabia. This is the second franchise market expansion for Old Navy. In March of this year, the brand opened its first franchise-operated stores in the Philippines.

Vaughan Mills opens 50-store expansion

Toronto, Canada - An $87 million, 200,000-sq.-ft., 50-store expansion has been opened to the public at Vaughan Mills Shopping Centre, operated by Ivanhoe Cambridge. The expansion on the east side of the property features an Event Court, a digital lounge and a Sport Neighborhood.
Winick completes a pair of retail leases at PowerHouse Condominium

New York -- Winick Realty Group has secured two retail leases at the base of the 177-unit PowerHouse Condominium, located at 50-09 Second Street in Long Island City, N.Y. The 6,422-square-foot space, which landlord V Partners refurbished following Hurricane Sandy-related flooding, was divided to accommodate incoming tenant Tiger J Taekwondo and an expansion by existing building tenant Brighter Babies.
KeyPoint Partners Sells West Plymouth Square shopping center

Burlington, Mass. -- KeyPoint Partners has completed the sale of West Plymouth Square in Plymouth, Mass., at a sale price of $7 million.
Quiksilver concept store to make NYC debut in Meatpacking District

New York -- Real estate firm RKF announced that it has arranged a 5,900-sq.-ft. lease for Boardriders in Manhattan’s Meatpacking District. Located on the south block between Ninth Avenue and Washington Street at 408 West 14th Street, this will become the Quiksilver concept store’s first Manhattan location.
Cabela’s misses on Q3 results, to open 13-15 stores annually going forward

Sidney, Neb. –- Cabela’s Inc. missed Wall Street estimates for earnings and revenue in the third quarter of fiscal 2014. Net income rose 8% to $53.8 million from $49.9 million, dampened by provisions for income taxes. The retailer said it plans to open 13-15 stores per year for the next several years.
Levin Management inks three dozen retail leases in 4 months
Carter’s recognizes two top brokers

Dallas -- SRS Real Estate Partners announced that two of its brokers have been recognized by their client, Carter’s, for bringing the two most profitable locations nationwide based on a sales-to-rent ratio.

Dawn Greiner, senior VP, and Carey Moen, first VP, both in the SRS Dallas/Ft. Worth office, helped Carter’s sign leases at the two locations. Greiner is the master broker for Carter’s and Moen is a part of the team of brokers that represent the retailer nationwide.
Vermont’s first Walmart Supercenter opens at Berlin Mall

Berlin, Vt. -- The Berlin Mall, in Berlin, Vt., hosted the grand opening of the state’s first Walmart Supercenter on Wednesday. The location was previously a 65,000+-sq.-ft. Walmart store that added 26,200 sq. ft. and full-line grocery offerings to bring the retailer’s first supercenter to Vermont.
Modell’s Sporting Goods celebrates 125 years with new store opening

New York -- Modell’s Sporting Goods will celebrate 125 years in business with the grand opening of its newest location at 1019 Montauk Highway in Shirley, Long Island, bringing the sporting goods chain’s total to 157 storefronts. The 14,000-sq.-ft. Southport Shopping Center location will officially open on Thursday, Oct. 23 with a ribbon cutting by president and CEO Mitchell Modell and area officials.
Target’s holiday plans include free online shipping, new apps and pop-up store

Minneapolis -- Target Corp. on Wednesday fired the first retail salvo of the holiday season, announcing that, for the first time ever, it is offering free shipping on all online purchases—no matter the amount—from Oct. 22 through Dec. 20. The free shipping offer comes early in the holiday shopping timeline, reflecting retailers’ concerns about what is expected to be a highly promotional season.