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Department Store

  • Randolph Mall welcomes two new retail tenants

    Chattanooga, Tenn. - Ross Dress for Less and Ulta Beauty are coming to Randolph Mall in Asheboro, North Carolina. The two new stores will be situated in the former J.C. Penney location.  

    Construction is expected to begin in October with the grand opening for both stores scheduled for 2016. Randolph Mall is a 400,000-sq.-ft. mall featuring more than 40 specialty stores and is anchored by Belk, Dunham’s Sports, and Sears.

  • Mid-America brokers shopping center sale in greater Minneapolis

    Lakeville, Minn. - Mid-America Real Estate Corp.’s investment sales team recently brokered the sale of Heritage Commons in Lakeville, Minnesota (part of the Minneapolis metropolitan statistical area) to Austin, Texas-based Epic Real Estate Partners. Epic purchased the 138,690-sq.-ft. grocery-anchored neighborhood center.

    Heritage Commons is anchored by Cub Foods and is complemented by national and local tenants including Subway, Papa Murphy’s, Great Clips and American Dental.

  • Macy’s makes giving fashionable

    New York – Macy’s Inc. is attempting to make charitable donations fashionable. The retailer’s new Fashion Pass program provides customers 15%-20% off storewide, plus $10 off a $30 purchase, when they give $5 at the register from July 22 to Aug. 15.

  • Ross opens 27 stores, has bigger plans

    Dublin, Calif. - Ross Stores has some big plans when it comes to opening new stores. Ross is opening of 19 Ross Dress for Less and eight dd's Discounts stores across 15 different states in July.

    These new locations are part of the off-price retailer's 2015 expansion plans to add a total of approximately 90 stores during the year, including 70 Ross and 20 dd's Discounts. Ultimately, the retailer believes Ross Dress for Less can grow to 2,000 locations and dd's Discounts can become a chain of 500 stores

  • Woodfield Mall adds stores, updates interior

    Schaumburg, Ill. — Woodfield Mall, a Simon-owned and operated center with nearly 300 retail, dining and entertainment options, is adding new stores and updating its interior.

     New retailers added in 2015 include Flight 23 at Footaction, Fly Zone at Kids Foot Locker, rue21 and the first-in-state location for SIX:02.

    The center also announced the future addition of ivivva athletica, coming this summer, as well as Zara and Timberland, both scheduled to open this fall.

  • Nordstrom does Instagram—on the roof

    Seattle — Ever wondered what a 15-story-tall Instagram post would look like? Well, thanks to Nordstrom, the wait is over.

  • Macy’s feels the heat—from activist investor and Donald Trump

    New York — Macy’s is feeling the heat — from an activist investor and Donald Trump.

    Activist investor Starboard Value wants the department store giant to follow the example set by such other retailers and Sears Holdings and Hudsons Bay Company and capitalize on its real estate holdings by spinning them off into a new investment vehicle. 

    Starboard claims the move would double Macy’s stock value, Fortune reported. For more click here.

  • Thousands of Kohl's employees volunteering for kids health

    Kohl’s is looking to make a difference in the lives of many of its customers with a vast volunteer effort involving all its stores, thousands of its employees and 160 hospitals.

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