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Department Store

  • Bon-Ton Stores closing three stores

    The Bon-Ton Stores announced it will close its Elder-Beerman stores in the Huntington Mall in Huntington, West Virginia and the Lima Mall in Lima, Ohio. The retailer said it will not renew the stores’ leases, which terminate January 31, 2016.

    Additionally, Bon-Ton is closing its namesake store in the Carousel Center in Syracuse, New York, upon its scheduled lease termination on February 28, 2016.

    The company said it does not expect costs associated with the closing of the locations to be material.

  • Bloomingdale’s enters Hawaii with tech-enhanced store

    Bloomingdale’s is bringing its tech-savvy, updated smaller-store format to the world’s largest open-air shopping mall.

    The retailer open a store in Honolulu, on the Island of O’ahu, on Nov. 12. The location — Bloomindale’s first in Hawaii — will serve as the centerpiece of a major retail expansion at Ala Moana Center.

  • Williams-Sonoma going south of the border

    Williams-Sonoma has entered into an agreement with Mexico’s leading department store retailer to open stores in that country.

    Williams-Sonoma said it will open 13 stores across its various brands — Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen and West Elm — In Mexico City, by the end of 2015. The stores are opening through a franchise partnership with Mexican department store retailer Liverpool.

  • Holiday shoppers may never need to leave home

    It’s not like the holidays weren’t going to be challenging enough, but now Amazon.com is expanding its free same-day delivery service to more markets.

    Amazon.com said it expanded it Prime free same-day delivery to Chicago and Orlando and new locations in the greater New York, northern New Jersey and Philadelphia area. The service, which does require an annual $99 Prime membership fee, is now available in 750 cities in 16 metropolitan areas. It launched in May.

  • Restoration Hardware’s new gallery format in Denver offers view of the Rockies

    RH (Restoration Hardware Holdings) has unveiled the latest iteration of the brand’s next-generation design galleries concept at Cherry Creek Shopping Center, in Denver.

    The format integrates an even greater assortment of RH collections, including all of the brand’s current concepts and upcoming new businesses. At nearly 70,000 total interior and exterior sq. ft., the store includes major presentations of RH’s newest business concepts, RH Modern and RH TEEN.

  • Development boom continues on Philadelphia’s North Broad Street corridor

    Philadelphia -- Metro Commercial Real Estate has been named the exclusive listing agent for 1300 Fairmount, located in Philadelphia, steps from the Fairmount Station of SEPTA’s Broad Street Line and bus system.

    The mixed-use project by RAL Development Services, LLC and Amalgamated Bank’s Longview Ultra Fund, will consist of 486 apartments and structured parking above approximately 84,000 sq. ft. of retail space geared towards national and regional retailers.

  • Amazon.com is increasing its holiday workforce by 25%

    Amazon.com is increasing the number of workers it is hiring for the holidays this year to meet an increase in customer demand, revealing a possible shift in the way consumers shop.

    The retailer says it plans to hire more than 100,000 seasonal employees this year. It hired 80,000 seasonal employees in 2014.

  • RCS Real Estate raises close to $2,000,000 for bankrupt Anna's Linens at auction

    RCS Real Estate Advisors announced today that it secured almost $2,000,000 at auction for home goods chain Anna's Linens, which filed for Chapter 11 on June 14.

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