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Department Store

  • Amazon, Target, Lowe's have consumers buzzing

    Amazon, which gained attention for its expanded Kindle line and growing e-commerce footprint, captured the second spot on BrandIndex's list of most buzzed about U.S. brands for 2012.

    Lowe's and Target were the only traditional retailers to make the top 10. Lowe's moved up one spot to the number five position, thanks to the launch of MyLowes.com and better-equipped staff. Target captured the number seven spot with the help of its remodeling program and year-round exclusives.

    Other retailers in the top 25 include Walgreens (13), Home Depot (18) and Kohl's (25).

  • Ross to open at Governor’s Square Mall

    Clarksville, Tenn. -- Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a new store at Governor’s Square Mall, its first in the Clarksville, Tenn., area.

    When it opens in the summer of 2013, the new store will occupy more than 31,000 sq. ft. next to Dick’s Sporting Goods.

    Governor’s Square Mall comprises over one million sq. ft. of retail space and is anchored by Dillards, Belk, Sears, J.C. Penney, Dick’s Sporting Goods, Target, and Cinema Ten.

     

  • Jones Lang LaSalle closes sale of Miracle Marketplace

    Miami -- Jones Lang LaSalle’s Capital Markets experts announced Tuesday the firm has closed the sale of Miracle Marketplace in Miami on behalf of AWE Talisman.  

    Heitman purchased the power center, which is located in the Coral Way submarket. The 243,047-sq.-ft., seven-story Class A vertical retail property is located along the Miracle Mile/Coral Way and is anchored by Nordstrom Rack, Ben Bath & Beyond, Marshalls, LA Fitness, PetSmart, DSW Shoe Warehouse and Ulta.

     

  • Abercrombie looks to convert former Beatles’ headquarters to store

    New York -- Abercrombie & Fitch wants to turn the building that once housed the Beatles’ Apple Records into one of its namesake children’s stores, Bloomberg News reported.  

    The building is where the famed singing group performed together for the last time, in 1969. The performance, which occurred on the roof, was filmed for the movie “Let It Be.” The Westminster borough council is due to vote on the proposal next week.

  • Kohl’s and Whole Food Market to open at Southwind Plaza

    Hyannis, Mass. -- Boston-based The Wilder Cos. said Tuesday that, as part of its major remerchandising of Southwind Plaza shopping center in Hyannis, Mass., Kohl’s and Whole Foods Market will be opening new stores at the Cape Cod property.

    Kohl’s will begin construction of a nearly 55,000-sq.-ft. space in February with an opening planned for early October.  

    Also joining the center with its first Cape location is Whole Foods Market, which will open a 26,000-sq.-ft. store in early 2014.
         

  • Swire Properties, Bal Harbour Shops to co-develop Brickell City Centre retail

    Miami -- Swire Properties and Bal Harbour Shops announced Wednesday they have agreed to an equity partnership to jointly develop the retail component of Brickell City Centre, currently under construction in the Brickell financial district of downtown Miami.

    The 2.9 million-sq.-ft. Brickell City Centre will include 500,000 sq. ft. of high-end retail along with condominiums and hotel slated for completion in latter 2015.
     

  • Saks to leave Dallas Galleria, Belk moving in

    New York City -- Saks Inc. announced Tuesday it will shutter its Saks Fifth Avenue store in the Dallas Galleria on June 15. The retailer has operated a store in Dallas since 1982, and the summer closing will leave some 120 associates with the choice of transfer or severance.

    Simultaneous with the Saks departure announcement was news from department store chain Belk that it will fill the vacated Galleria space with a $20-million, 170,000-sq.-ft. flagship store that starts construction in July and is slated to open spring 2014. 

  • New shoes help babies find their 'Stride'

    LEXINGTON, Mass. — Stride Rite has launched a new line of shoes specifically designed for baby's first months through the crawling and pulling up stages.

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