Department Store

Niagara, Ontario -- Niagara’s largest shopping center has launched a $13 million renovation featuring an environmentally- and shopper-friendly redesign inspired by Niagara’s vineyards, parks, gardens and trails.

“The design focus of the renovation will meet the Canada Green Building Council LEED-CI designation,” said Pen Centre manager John Bragagnolo. “Our aim is to ensure that the shopping center provides the best shopping experience with the least environmental impact possible.”

Richmond, Ky. -- Charlotte, N.C.-based Crosland LLC announced two new lease signings with Michaels and Chiro One at Richmond Centre, a regional shopping, entertainment and hospitality venue in Richmond, Ky.

Michaels will open a 20,011-sq.-ft. store as a junior anchor tenant in October.

Chiro One opened a 2,127-sq.-ft. clinic in February.

Los Angeles -- Guess said Wednesday that its fourth-quarter net income rose 19% on a boost in sales in Europe, Asia and North America.

Guess said it earned $103.3 million, compared with profit of $86.6 million, or 93 cents per share, during the same period a year prior.

Revenue rose 18% to $756.9 million from $642 million. The results beat the expectations of analysts.

Redmond, Wash. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Redmond, Wash., at Overlake Fashion Plaza to Five Guys Burgers and Fries.

Five Guys has leased 2,475 sq. ft., and is slated to open for business this summer.

The 80,555-sq.-ft. shopping center is anchored by Marshalls alongside national retailers such as Men’s Wearhouse, Payless Shoe Source, and Avenue.

San Marcos, Texas -- The Commercial Retail Division of The Weitzman Group said that Ulta has leased 14,798 sq. ft. of retail space in Red Oak Village, a power retail center located near Austin, Texas.

At Red Oak Village, Ulta joins a line-up that includes Sam’s Club, Bed Bath & Beyond, Marshalls, Best Buy, PetSmart, Ross Dress for Less and other retailers and restaurants.

NEW YORK  -- Macy's announced the launch of "Martha Stewart Collection by Serta," a mattress line available exclusively at Macy's. 

By Jeff Green

Glendale, Calif. -- Nordstrom and Caruso Affiliated jointly announced today an agreement to relocate the Nordstrom full-line store and build a new store at Caruso Affiliated's The Americana at Brand in downtown Glendale, Calif.

The new three-level, 135,000-sq.-ft. is expected to open in fall 2013 and will be part of the expansion of The Americana at Brand. Nordstrom will continue serving customers at its current Glendale Galleria store, located next to The Americana at Brand, until the new store opens.