Department Store

New York City -- Fast-fashion retailer Forever 21 will open a three-level, 39,000-sq.-ft. store in Miami Beach, Fla., Women’s Wear Daily reported.

The store, scheduled to open this fall, will be located on Lincoln Road. Also heading to Lincoln Road is H&M, which plans to open a 22,000 sq. ft. in the pedestrian mall.
 

Boston -- The Wilder Cos. said it has been awarded the leasing and management contract for Wayside Commons, an open-air shopping center in Burlington, Mass.

The contract was awarded by UBS Realty Investors of Hartford, Conn.

Wayside Commons is a 195,100-sq.-ft. outdoor center home to one of only three full-line, 30,000-sq.-ft. signature L.L. Bean stores in Massachusetts as well as a mix of retailers including Arhaus Furniture, Coldwater Creek, Eileen Fisher Company Store, Stellabella Toys and Capital Grille.

Flushing, N.Y. -- Onex Real Estate Partners said that Payless ShoeSource has opened a new store at Sky View Center, the 800,000-sq.-ft shopping center located below Sky View Parc, Queens’ new mixed-used residential development.

The new 4,200-sq.-ft. Payless location, on level D of the Center, officially opens on April 9.

Bismarck, N.D. -- Chicago-based Jones Lang LaSalle announced that it has been named as the new property and leasing manager for Kirkwood Mall, an 845,000-sq.-ft. enclosed mall in Bismarck, N.D., by an affiliate of Radiant Partners that recently purchased the mall from Metropolitan Life Insurance Co.

Kirkwood Mall was built in 1970 and contains 80 shops, anchored by Herberger’s, I. Keating Furniture World, J.C. Penney, Scheels and Target.
 

Union, N.J. -- A Seabra Foods and Koki Japanese Buffet opened at Galloping Hill Center in Union, N.J., according to Plainfield, N.J.-based Levin Management Corp., the property’s exclusive leasing and managing agent.

A Seabra Foods is a full-service grocer and will open a 30,861-sq. ft. space formerly housed by another supermarket tenant.

Koki Japanese Buffet leased 5,500 sq. ft., joining other retailers and services including Mandee, Memory Lane Hallmark, Citibank, Weight Watchers, Radio Shack and Manhattan Bagel.

Coral Springs, Fla. -- Sephora at J.C. Penney will open a 1,500-sq.-ft. location at Coral Square Mall, in Coral Springs, in mid-April. Francesca’s Collections is also slated to open in mid-April.

Coral Square Mall, owned by Simon Property Group, features anchor stores Macy’s/Ladies Apparel, Macy’s/Men's, Children & Home Store, J.C. Penney and Sears, as well as more than 120 specialty stores and eateries.

Purchase, N.Y. -- Most retail segments showed solid year-over-year retail growth in March, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales.

Electronics sales and department stores showed modest gains while luxury and e-commerce recorded strong growth. Some segments of the restaurant sector also showed strength in March.

MENOMONEE FALLS, Wis. -- Kohl’s Department Stores announced the completion of its private-label credit card portfolio transfer to Capital One Financial Corporation, effective as of April 1, 2011. Capital One has acquired the more than 20 million existing Kohl’s Charge accounts and through the seven-year agreement will offer private-label credit cards to new and existing Kohl’s customers.

NEW YORK — TV star, entrepreneur and bestselling author Sandra Lee has entered into a direct-to-retail license agreement with Sears Holdings for home products. The exclusive collection of home products, Sandra by Sandra Lee, will be available in Sears and Kmart stores in spring 2012. The initial launch of the collection will include cookware, utensils, gadgets, bakeware, small kitchen appliances and tabletop items. 

NEW YORK -- A good reputation -- whether warranted or not -- can do a lot for a company's bottom line. So those companies that found themselves at the top of Forbes' most reputable companies list have much to celebrate.