Department Store

It seems like everybody wants to get in the outlet business these days. In particular, there are a growing number of “traditional mall” developers that seem to be seriously considering -- or in some cases, actively pursuing -- the development of outlet centers or the conversion of existing traditional mall assets into outlets. On the heels of Gap’s announcement to close 200 of their full-price stores by 2013 and concentrate on expanding their Gap outlets and Banana Republic Factory Stores, I understand why developers are seriously thinking about outlet centers.

Minneapolis -- Best Buy Co.’s Best Buy Express plans to add nearly 100 kiosk locations in the next year spread over a variety of new channels.

The division has opened 150 Express locations in three years, and said it is adding two locations at Downtown Disney District in Anaheim, Calif., and multiple locations at college campuses, events and ferry hubs this year.

New York City -- Safeway is embarking on an extensive renovation project to build or extensively revamp 13 stores in the Bay Area, the Sacramento Bee reported.

The company is moving into three former Mervyn's department stores at shopping centers in Pleasant Hill, Campbell and Petaluma.

To read the story, go to sacbee.com/2011/08/03/3814684/safeway-to-revamp-build-stores.html
 

PURCHASE, N.Y. — MasterCard Advisors SpendingPulse revealed that online retail sales rose 14% over the year-ago period, marking the 24th straight month of year-over-year growth, as well as the ninth consecutive month of double-digit growth, with improvement in every subcategory except for electronics.

Colorado Springs, Colo. -- Addison, Texas-based Coyote Management LP said that Jimmy John’s will open a 1,665-sq.-ft. sandwich shop at Chapel Hills Mall, in Colorado Springs, Colo.

The new restaurant is slated to open this fall.

Chapel Hills Mall is a two-level, 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dick’s Sporting Goods and Burlington Coat Factory.
 

NEW YORK — Macy's announced that it is partnering with DoSomething.org to encourage students to make a difference in their communities. Launching on Aug. 8, the initiative will connect young people across the country with DoSomething.org and provide them volunteer opportunities in their area, the company reported.

Westfield shopping centers and the Westfield Family program have launched a “Give Back to School” community program, in which Westfield will donate $57,500 to the program by offering $2,500 to one school in each of 23 communities. The funds will be used to support such school programs as arts and music, sciences, physical education, libraries and technology resources.

Shoppers also will have the opportunity to help local students by donating new and gently used clothing or backpacks through a local community partnership with their Westfield shopping center.

LOS ANGELES, Calif. — Costco announced that it is bringing its Kirstie Kelly wedding gowns to the South during limited-time trunk shows at select locations.