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  • CSA Exclusive: America’s Top 10 Redevelopers

    Kimco Realty Corp. takes the top spot in Chain Store Age’s 12th annual Top Redevelopers survey, with 2,669,999 sq. ft. redeveloped. Kimco’s redevelopment reach in 2015-2016 spanned 19 states and Canada, as the company touched 39 projects in all.   (The survey analyzed redevelopment work from mid-year to mid-year in the 12-month period from June 2015 to June 2016.)       Vestar claimed the #2 spot, with 1,930,000 sq. ft. developed, followed by Westfield, with 1, 743 sq. ft. 

  • Express adds Snapchat holiday cheer

    To help its shoppers get in the holiday shopping spirit, Express is launching exclusive holiday Snapchat filters.   To celebrate the biggest shopping day of the year, Express will roll out a series of five Black Friday and holiday-themed national Snapchat filters throughout the day on Black Friday, Nov. 25. The Express-sponsored filters include "It Runs in the Fam," "But First Coffee," "Black Friday Beast Mode," "Leftovers are Lit," and "The Party Starts Now.”  

  • Retailer looks to capitalize on male grooming

    A deluxe men's grooming concept has big plans for expansion through franchising.   The Gents Place plans to open 150 franchised locations over the next five years, in such markets as Texas, Georgia, Florida, California, Illinois, Indiana, Maryland and Virginia. Currently, the company is aggressively targeting Florida, with plans for 18 locations throughout the state.   

  • Slump continues at J. Crew

    J. Crew Group narrowed its loss in the third quarter even as its two-year sales slump continued amid a “difficult traffic environment.”     The retailer posted a net loss of $7.9 million in the quarter ended Oct. 29, compared to a loss of $759.7 million in the year-ago period. (J. Crew booked $845.9 million in impairment losses in the year-earlier period.)   Total revenue decreased 4. 2% to $593.2 million. Same-store sales fell almost 8%.  

  • 2017: The year when retailers smash their cookie cutters?

    Retail real estate professionals and retailers have a symbiotic relationship when it comes to creating great shopping centers and memorable destinations. The former can develop, lease, and broker spaces in great projects in compelling locations, but a retail or mixed-use project is ultimately defined by its tenants: the better the retailers, the better the project.  

  • Iowa center sells for $5.5 million

    Quincy Plaza in Ottumwa, Iowa, was purchased by Beaumont, Texas-based Albanese Cormier Holdings for $5.5 million. Mid-America Real Estate brokered the deal on behalf of a fund managed by Cincinnati-based Phillips Edison.   The 137,389-sq.-ft center is anchored by Kmart, Hobby Lobby, and Rent-A-Center in the southern Iowa retail hub on the Des Moines River. Quincy Plaza is located across the roadway from Target and the Quincy Place Mall.

  • Express adds Snapchat holiday cheer

    To help its shoppers get in the holiday shopping spirit, Express is launching exclusive holiday Snapchat filters. To celebrate the biggest shopping day of the year, Express will roll out a series of five Black Friday and holiday-themed national Snapchat filters throughout the day on Black Friday, Nov. 25. The Express-sponsored filters include "It Runs in the Fam," "But First Coffee," "Black Friday Beast Mode," "Leftovers are Lit," and "The Party Starts Now.”

  • First Look: Lululemon, Melrose Avenue, Los Angeles

    Inspired by its West Hollywood Design District locale, Lululemon’s new store on Melrose Avenue offers a sleek, stylish and modern shopping environment.    Modern ivy leaf-inspired patterns throughout the interior and exterior, along with the use of reclaimed red wood and iron spot brick, highlight the architectural components of the 2,750-sq.-ft. space.    
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