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Department Store

  • Westfield Old Orchard to launch world-first dining and green specialty food shopping venue

    Skokie, Ill. -- The Westfield Group announced that its Westfield Old Orchard shopping center in Skokie, Ill., will change dramatically with the addition of a culinary-focused dining and green food shopping venue slated to open in summer 2011.

    The new venue replaces the former food court, which closed on Sept. 1 to make way for the new development.

  • Appleton Learning Center to open at Woodway Collection

    Houston -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Houston at Woodway Collection to Appleton Learning Center.

    Specializing in tutoring services, group classes, student testing and other related services, Appleton Learning Center has leased 2,440 sq. ft. and is slated to open in February 2011.

    The 111,165-sq.-ft. shopping center is anchored by Randalls alongside national retailers such as Carrabba’s Italian Grill, Pearle Vision and Chase Bank.

  • Neiman Marcus Q1 profit triples

    Dallas -- Neiman Marcus Group reported Thursday that profit for the quarter ended Oct. 30 tripled to $25.7 million, compared with $8.5 million in the year-ago period. The retailer cited more full-price selling, higher customer traffic and lower costs for the strong performance.

    The operator of its namesake and Bergdorf Goodman stores saw sales rise 6.7% to $927 million. Same-store sales increased 6.4% following a 14% plunge a year ago.

  • Children’s Place taps Rhys Commercial for Connecticut expansion

    Stamford, Conn. -- Rhys Commercial announced that The Children’s Place has retained it to handle the retailer’s expansion across Connecticut.

    According to RHYS, which is actively seeking out locations in densely populated and well-trafficked markets throughout the state, The Children’s Place generally requires between 4,000 and 4,500 sq. ft. of space. The retailer is looking to open new stores in potential infill markets.

  • Shoe Carnival to open at Village Shoppes at Gainesville

    Gainesville, Ga. -- The Atlanta office of Dallas-based SRS Real Estate Partners said that Shoe Carnival recently opened a 9,165-sq.-ft. store in Gainesville, Ga., in the Village Shoppes at Gainesville.

    Neighboring retailers include Marshalls, Ross Dress for Less, Old Navy and Publix.

    The landlord of the center is Inland US Management, LLC.

  • Uniqlo may open 200 stores in the U.S. by 2020

    Yamaguchi City, Japan -- Fast Retailing Co. said Friday it aims to open at least 200 Uniqlo stores in the U.S. by 2020.

    Asia’s largest clothing chain said it seeks to raise sales sixfold in a decade.

    “The United States is one of the most important markets for us,” Shin Odake, CEO of Uniqlo’s U.S. unit, said in an interview with Bloomberg Television. “We want to become the number one retailer in the world.”

  • Marshalls opens at Springdale Mall

    Mobile, Ala. -- Centro Properties Group announced that Marshalls has opened a 26,000-sq.-ft. store at Springdale Mall, located in Mobile, Ala.

    New York City-based Centro Properties Group is the owner of Springdale Mall.

  • TJX to close A.J. Wright banner, cut 4,400 jobs

    Framingham, Mass. -- TJX Cos. said Friday it will close its A.J. Wright discount stores by mid-February, cutting 4,400 jobs. The move comes as the company’s T.J. Maxx and Marshalls chains have become better at attracting the lower-income customers that A.J. Wright targeted.

    Ninety-one A.J. Wright stores will be converted into T.J. Maxx, Marshalls or HomeGoods stores, and 71 stores and two DC’s will close entirely. About 3,400 employees will keep their jobs and another 4,400 – half part-time and half full-time – will be cut.

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