Department Store

San Francisco – PBteen, a subsidiary of the Pottery Barn brand of Williams-Sonoma Inc., will open its first Annapolis, Md., store at the Westfield Annapolis shopping center on July 20. The store will include the PBteen Design Lab, which allows shoppers to digitally create room designs using drag-and-drop technology on a computer monitor.

Seattle -- Nordstrom has announced plans to open a 35,000-sq.-ft. Nordstrom Rack at Palm Beach Outlets now under construction in West Palm Beach, Fla., in the fall of 2014.

FREMONT, Calif. — Men's Wearhouse has signed a definitive agreement to acquire JA Holding, the parent company of American clothing brand Joseph Abboud, for approximately $97.5 million in cash, subject to certain adjustments. 

JA Holding is currently majority-owned by funds affiliated with J.W. Childs Associates, L.P. The transaction is expected to close in the third quarter of 2013.

The Men’s Wearhouse has signed a definitive agreement to acquire JA Holding, the parent company of the Joseph Abboud clothing brand, for approximately $97.5 million.

Chattanooga, Tenn. -- The Outlet Shoppes at Atlanta celebrated its grand opening with a ribbon-cutting ceremony this morning.

A joint venture and co-development of CBL & Associates Properties and Horizon Group Properties, the 370,000-sq.-ft. center features a host of national brands and designer outlets.

Located north of Atlanta at a newly constructed exit off Interstate 575, more than 112,000 vehicles pass the site daily. The center is also convenient to travelers on Interstates 75, 85, and 20.

Given the choice of shopping at only one retailer for the rest of their lives, millennial parents chose Walmart over several other popular retailers.
The study of the millenials, those age 25 to 34, was conducted by Vision Critical, and not surprisingly showed the demographic group changed purchasing habits and behaviors after starting a family.

Kansas City -- A new study of the millennial generation shows that many 25- to 34-year-old shoppers change their purchasing habits and behaviors after they start their families.

Virginia Beach, Va. -- Divaris Real Estate has represented the landlords in the renewal of five leases covering more than 18,500 sq. ft. in Hampton Roads, Va., retail properties.

Two of the leases were with Willow Oaks Associates, landlord of Willow Oaks Village Square Shopping Center in Hampton. The City of Hampton renewed a 7,778-sq.-ft. space, and Virginia ABC renewed its 3,300-sq.-ft. lease.

Mattress Firm renewed for 3,982 sq. ft. with JLP Chesapeake, owner of the Crossways Shopping Center in Chesapeake.