Department Store

Phoenix -- BIG Shopping Centers USA and RED Development announced the addition of five retail assets totaling nearly 1.5 million sq. ft. in Arizona, Nebraska and Wisconsin to their recently launched joint venture BIG RED Portfolio.

The joint venture was launched in late 2014 with the acquisition of Camelback Colonnade in Phoenix. With the recent acquisition the portfolio now consists of nine retail assets totaling nearly three million sq. ft. in three states.

Did Japanese retailer Uniqlo miscalculate its appeal to American shoppers?

The company, a division of Fast Retailing, is moving into the slow lane with regards to its U.S. expansion. Uniqlo now plans to open only five U.S. locations in its current fiscal year, which began on September 1, 2015, after opening 17 in its most recently completed year.

Uniqlo, which has more than 1,600 stores worldwide, operates 43 stores across the United States.

Saks Fifth Avenue is expanding further into the specialty store business.

The retailer announced plans to open a 21,000-sq.-ft. store devoted to jewelry and contemporary women’s ready-to-wear in Greenwich, Connecticut. Earlier this year, Saks announced plans to open a standalone shoe store concept, 10022-Shoe, also in Greenwich.

Saks already operates a women’s-only store in Greenwich, which it opened in 1997.

All three of the Saks stores will be in walking distance of one another.

Shoppers are starting their holiday shopping earlier every year — and it's partially due to a perception that the deals aren't all that great anymore on Black Friday.

According to RetailMeNot’s annual holiday Shoppers Trend Report, only 10% of consumers believe that it is worth waiting until Black Friday for deals.

Ross Dress for Less will open two new stores in Texas on Oct. 10. A 28,000-sq.-ft. North El Paso store is located in Sunland Park Mall, and a 25,000-sq-ft. North Tarrant store is located in Presidio Crossing.

These openings are part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

Not only is a picture worth 1,000 words, but it may be worth $1,000.

A new survey from Adobe shows that consumers have a very positive response to “shoppable media” – online images and videos that serve as direct transactional tools.

Chattanooga, Tenn. -- CBL & Associates Properties and DreamWorks Animation are ringing in the holiday with the ultimate Santa experience at Oak Park Mall in Overland Park, Kansas City.

Ross Dress for Less will open a new store in Elizabeth City, North Carolina on Oct. 10. The 18,000-sq.-ft.store is located in Tanglewood Pavilions.

The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.