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Department Store

  • Trademark Property acquires department store

    Fort Worth, Texas -- Trademark Property Co. said Tuesday it acquired a vacant 67,000-sq.-ft. department store space formerly occupied by Mervyn’s in its Santa Fe Place mall located in Santa Fe, N.M.

    The 571,238-sq.-ft. Santa Fe Place was acquired in the summer of 2010. Trademark is directing the remerchandising and redevelopment of the property, which is Northern New Mexico’s only regional mall, for its private equity partner.

  • Two new leases signed at Greenwood Springs shopping center

    Greenwood Springs, Ind. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Greenwood Springs, Ind., to two new tenants at Greenwood Springs shopping center.

    Cannoli Queen has leased 1,400 sq. ft. of restaurant space and Superior Discount Liquors has leased 2,800 sq. ft. of retail space. The businesses are slated to open in the spring.

    The 292,827-sq.-ft. shopping center is anchored by Walmart and Gander Mountain alongside national retailers such as Sport Clips and Buffalo Wild Wings.

  • Three retailers to open at Cherry Hill Mall this spring and summer

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that its Cherry Hill Mall property, located in Cherry Hill, N.J., will welcome three new retailers this spring and summer.

    Lids Locker Room opened in March, and two shoe retailers, Traffic and Clarks, are slated to open this summer.

  • Georgetown Co. acquires Old Navy Chicago flagship building for $23 million

    New York City -- Robert K. Futterman & Associates said that it represented buyer The Georgetown Co. in the acquisition of 35 North State Street, a 60,000-sq.-ft. building in Chicago, for $23 million.

    The building is currently net-leased to Old Navy and serves as the retailers’ Chicago flagship. 

  • Shoppers World to open at Northern Lights Shopping Center

    Columbus, Ohio -- Tarrytown, N.Y.-based DLC Management Corp. said that Shoppers World has signed a lease at Northern Lights Shopping Center in Columbus, Ohio. The 40,805-sq.-ft. apparel/variety merchandise retailer signed an eleven year lease and will join a dominant tenant lineup at this 361,000-sq.-ft. shopping center including Kroger, Marshall’s, Sears Outlet, and Citi Trends.

    Shoppers World is expected to open in the summer.

  • Muska Milano to open on Madison Avenue

    New York City -- Prudential Douglas Eilliman’s Retail Group announced that in less than two weeks after arranging the sale of a multi-level retail condominium at 1086 Madison Avenue, the retail sales and leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, have leased the boutique space to luxury handbag and accessories importer Muska Milano. 

  • MOGO Design makes large-scale retail debut at Nordstrom's

    SEATTLE, Wash.  -- MOGO Design, a Seattle-based company that has developed a new and patented magnetic accessory line for tween girls, announced that it has signed a national distribution deal with Nordstrom. The deal will bring the MOGO charm line with more than 200 charms to all Nordstrom full-line store locations throughout the United States and is MOGO Design's large-scale debut into the fashion specialty retailer channel. MOGO is available in select locations now with the full roll-out to be complete by April 2011. 

  • Macy's joins list of retailers supporting Japanese relief efforts

    CINCINNATI -- Macy's Inc. announced that it will make a corporate contribution of $100,000 in cash to the American Red Cross for earthquake and tsunami relief on behalf of Macy's and Bloomingdale's associates across America. In addition, the company said it will match, on a dollar-for-dollar basis, all employee contributions of $25 or more to the American Red Cross and other U.S.-based organizations providing rescue and relief assistance in Japan. 

  • Rubbermaid adds glassware to Easy Find Lids line

    HUNTERSVILLE, N.C. -- Rubbermaid has introduced a new line of glass food storage products to its Easy Find Lids line. 

    According to the company, the Easy Find Lids storage system, allows for easier storage because lids attach to each other and to the bottom of containers for storage, so the right lid is always at hand. Graduated sizes neatly nest within each other to save space.

    The glass products are oven-safe up to 425 degrees, feature Flex & Seal leak-proof lids and are square shaped to maximize space.

  • Former Kohl's exec to head Canadian discount store

    MISSISSAUGA, ONTARIO -- TB!S The Bargain Shop, a leading Canadian discount store chain, announced that Beryl Buley has been appointed president and CEO, effective immediately. Former president and CEO, Michael Roellinghoff, will assume the role of vice chairman of the board.

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