Consumer Electronics

H&M, Uncle Buck’s to anchor Destin Commons expansion
Destin, Fla. — H&M and Uncle Buck’s Fish Bowl & Grill will anchor a 100,000-sq.-ft. expansion of Destin Commons slated to open in mid-2014.

Construction is underway on the 20,000-sq.-ft H&M store, the first H&M in northwest Florida.

Uncle Buck’s, a concept by Bass Pro Shops, will offer casual dining and 16 lanes of bowling. Uncle Buck’s has also taken 20,000 sq. ft.

The expansion will include about 20 additional stores and restaurants.
Genesco Q2 affected by uncertain consumer environments
NASHVILLE, Tenn. — Genesco Inc., a specialty retailer which sells footwear, headwear, sports apparel and accessories, continues navigating through uncertain consumer environments as second quarter results fell short of expectations.

Holidays heating up, head in digital direction

Retailers will be promoting early and often during the upcoming holiday season, especially with six fewer days between Thanksgiving and Christmas, and mobile is sure to play an even greater role this year than it did in 2012.
Best Buy renews at Aventura Commons

Aventura, Fla. — Best Buy has signed a long-term lease renewal for 45,729 sq. ft. at Aventura Commons in Aventura, Fla., according to the Berkowitz Development Group, the landlord.

Other national tenants in the 267,000-sq.-ft. center include Target, Whole Foods, PetSmart and Ulta.
Retail Trends Across North America

Urbi et Orbi (The City and The World): The phrase is not just the theme of an annual speech from the Pope, but also summarizes what’s taking place in retail across North America: urbanization and globalization.
OfficeMax brings small format to Chicago

The first OfficeMax Business Solutions Center arrived in Chicago on Wednesday following the small format store’s introduction earlier this year in Milwaukee.
Mid-America brokers sale of St. Louis center

St. Louis — Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of the 112,300-sq.-ft. South Oaks Plaza located in St. Louis for $9.5 million to Phillips Edison-ARC Shopping Center REIT Inc. Shop’n Save, Walgreens and Michaels anchor the center.

Mid-America

and Pace Properties represented the seller, a private St. Louis based investment group.
Williams-Sonoma sitting pretty for Q2

SAN FRANCISCO — Specialty home products retailer Williams-Sonoma is reaping the rewards of a rebounding housing market this second quarter ended Aug. 4.

The company’s net revenues grew 12.3% to $982 million versus $874 million in the year-ago quarter with comparable brand revenue growth of 8.4%, on top of 7.4% in the year-ago quarter.
Brown Shoe puts best foot forward in Q2

ST. LOUIS — Brown Shoe Company saw a shift in sales to the second quarter from the third quarter which helped deliver net sales of $621.7 million for the second quarter ended Aug. 3, up 10% from $564.9 million last year.
Instant Neighborhoods

Millennials and boomers are driving an urban push
Generations after people deserted cities for the suburbs, young millennial-generation adults and older baby-boomer adults are moving back downtown.
Retailers aren't far behind, and new, seemingly instant neighborhoods — complete with housing, retail, offices and other forms of real estate — are springing up in redevelopment areas of cities across the country.

H&M, Uncle Buck’s to anchor Destin Commons expansion

Genesco Q2 affected by uncertain consumer environments

Holidays heating up, head in digital direction

Best Buy renews at Aventura Commons

Retail Trends Across North America

OfficeMax brings small format to Chicago

Mid-America brokers sale of St. Louis center

Williams-Sonoma sitting pretty for Q2

Brown Shoe puts best foot forward in Q2

Instant Neighborhoods