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Department Store

  • Trademark Property hires Kara Rafferty as leasing director

    Fort Worth, Texas -- Trademark Property Co., the Fort Worth-based retail and mixed-use development, investment, and third-party services firm, announced that Kara Rafferty has joined the firm as director of leasing. An 18-year industry veteran, Rafferty will focus on Trademark’s leasing efforts throughout Texas.

  • Ross Dress for Less opens two Hawaii stores Oct. 10

    Dublin, Calif. - Ross Dress for Less will open two new stores in Hawaii on Oct. 10. The stores are located in Kukui Grove Center in Lihue, on the island of Kauai, and the Kahala Mall in Honolulu, on the island of Oahu.  

    These new openings are part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year.

     

  • Mid-America Real Estate handles sale of Birch Run Station in Minneapolis MSA

    Maplewood, Minn. -- Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Birch Run Station in Maplewood, Minnesota. The 278,347-sq.-ft. center was purchased by Greenwood Village, Colorado-based GDA Real Estate for $27.35 million.

    Birch Run Station is located at the northwest quadrant of Beam Avenue and Southlawn Drive adjacent to the Maplewood Mall. The center is anchored by Marshalls, Jo-Ann Stores, Burlington Coat Factory, Herberger’s, and Dollar Tree.

  • Christopher & Banks rolling out combined store format to 37 locations

    Minneapolis -- Christopher & Banks announced the Oct. 6 grand opening of 37 stores that reflect the company’s updated retail strategy of bringing its plus-sized CJ Banks brand under the Christopher & Banks banner. The stores combine missy, petite and women's sizes in one shopping location.  

  • Bon-Ton expands board

    The Bon-Ton board of directors has added Beth Grumbacher, daughter of board chairman and strategic initiatives officer Tim Grumbacher, to its ranks, expanding the number of members to 10.

  • Christopher & Banks begins rolling out new store concept

    Christopher & Banks is preparing to roll out its new missy-petite-women (MPW) store concept at 37 stores, after successfully testing the retail strategy at 20 locations across the US last year. The retailer plans to convert a total of 190 stores by the end of this year.

  • DDR completes $699 million of transactions in Q3

    Beachwood, Ohio – During third quarter 2014, DDR Corp. closed on the acquisition of eight prime power centers and the sale of seven operating assets and two land parcels, totaling $699 million of executed transactions. Seven of the eight power centers that the company acquired were purchased for $377 million at DDR's share from a joint venture formed with Blackstone Real Estate Partners VII L.P. in August 2013.

  • Why In-Store Shopping Will Continue to Dominate the Marketplace

    By Navneet Loiwal, CEO and co-founder of Shopular

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