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Department Store

  • Hull Storey Gibson acquires Mount Berry Square Mall

    Rome, Ga. -- Augusta, Ga.-based Hull Storey Gibson Companies announced its acquisition of Mount Berry Square Mall in Rome, Ga.

    The 476,778-sq.-ft. mall is anchored by Belk, J.C. Penney and Sears.

  • J.C. Penney opens new store, Cinemark Theatre starts construction at Monroeville Mall

    Monroeville, Pa. -- Chattanooga, Tenn.-based CBL & Associates Properties announced that, on the heels of the grand opening of a 110,000-sq.-ft. J.C. Penney store, construction has commenced on a state-of-the-art 12-screen Cinemark Theatre.  Both are part of CBL’s redevelopment of Monroeville Mall, located near Pittsburgh in Monroeville, Pa.

    The grand opening for Cinemark Theatre is anticipated for late 2013.

  • Holiday hiring frenzy arrives at Macy's

    CINCINNATI — Macy's Inc. joined the ranks of other retailers that have already announced plans to boost store staff during the holiday season.

  • Macy’s holiday hiring edges up from last year

    Cincinnati -- Macy’s Inc. said it plans to hire approximately 80,000 seasonal associates for its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2012 holiday season. This is an increase of about 2.5% from last year.

  • Five Guys Burgers to open at Plaza at Cedar Hill

    Cedar Hill, Texas -- Indianapolis-based Kite Realty Group said that Five Guys Burgers & Fries has leased 2,500 sq. ft. at Plaza at Cedar Hill, located in Cedar Hill, Texas.

    The 303,540-sq.-ft. power center is anchored by Marshalls, Home Goods, Hobby Lobby, Dress Barn, DSW, Ross, Office Max, Toys “R” Us / Babies “R” Us and Sprouts.

     

  • Buffalo Wild Wings, PetSmart to open at Rochester Crossing

    Rochester, N.H. -- Boston-based The Wilder Cos. said that Buffalo Wild Wings opened on Sept. 30 at Rochester Crossing, in Rochester, N.H., and will be joined by a 12,157-sq.-ft. PetSmart store in spring 2013.

    Wilder Cos. is the owner and manager of the 304,500-sq.-ft. Rochester Crossing, which features Kohl’s, Lowe’s, Jo-Ann Fabric and Craft, Famous Footwear, GameStop and Tropical Smoothie.

     

  • DDR completes $2.1 billion of strategic transactions year to date

    Beachwood, Ohio -- DDR Corp. announced Monday the acquisition of $328 million of prime assets and the disposition of $12 million of non-prime assets during the quarter.

    Year to date, the company closed $2 billion of acquisitions, including the joint venture with Blackstone's flagship real estate fund, and disposed of $137 million of non-prime assets.

    As of the third quarter, DDR said it has raised gross common equity capital of $435 million through the issuance of 31.7 million new common shares to fund investments and lower leverage.

  • Saks opens in Kazakhstan

    New York -- Saks Inc. has opened its first Saks Fifth Avenue store in Kazakhstan, in the city of Almaty.

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