Discount Store

Is the Future for Stores Getting Smaller?
By Jeff Weidauer, Vestcom International There’s been a lot of discussion in recent months about store sizes, in particular the fact that stores are getting smaller, primarily because of the impact of e-commerce. For example, Walmart and Target are both committed to offering smaller format stores.
Is the Future for Stores Getting Smaller?
By Jeff Weidauer, Vestcom International There’s been a lot of discussion in recent months about store sizes, in particular the fact that stores are getting smaller, primarily because of the impact of e-commerce. For example, Walmart and Target are both committed to offering smaller format stores.

Harvard Business Review: And the best-performing CEO is…

New York -- Harvard Business Review released its annual list of the 100 best-performing CEOs in the world, and heading up the list is Amazon chief Jeff Bezos.
Century 21 opens as The Gallery anchor Oct. 28

Philadelphia -- Century 21 Department Store is opening an approximately 95,000-sq.-ft. anchor store at The Gallery shopping center in Philadelphia on Tuesday, Oct. 28. This will be New York-based Century 21’s first location outside the New York market.
Expansion at Sawgrass Mills to bring an additional 30 stores and restaurants

Sunrise, Fla. - The Sawgrass Mills outlet and value retail shopping center has begun construction on the next expansion of its open-air luxury promenade, The Colonnade Outlets at Sawgrass Mills. The planned project will include an additional 80,000 sq. ft. to comprise 30 additional luxury outlet stores and full-service restaurants, which will join a roster of existing brands like Prada, Gucci, Tory Burch, Burberry and more.
Pine Tree Commercial Realty acquires South Pasadena Shopping Center

Tampa, Fla. -- Northbrook, Illinois-based Pine Tree Commercial Realty, LLC announced that it has acquired South Pasadena Shopping Center, a grocery-anchored community shopping center located in South Pasadena (Tampa), Florida, for $21.1 million. The recent acquisition is Pine Tree’s 73rd and brings the company’s current portfolio to 3.5 million sq. ft. in 15 states.
Uniqlo opens at Great Mall Oct. 31

New York -- Uniqlo is opening a store at Great Mall in Milpitas, California on Friday, Oct. 31. The new addition signifies the completion of a redesign of Great Mall’s interior mid-section, which has allowed for additional retail space. This space reconfiguration has extended Great Mall’s growing fashion corridor with other popular retailers, including Guess Factory Store and an expanded Tommy Hilfiger Company store.
GBT Realty adds tenants to Middletown Commons

Louisville, Ky. -- Brentwood, Tennessee-based GBT Realty Corp. announced an expanded tenant line-up that brings a Louisville, Kentucky, regional shopping center to over 90% leased. Middletown Commons will see its first tenants opening in November; construction is currently underway.
Tuesday Morning to open at Blue Star Shopping Center

Watchung, N.J. -- Tuesday Morning is set to join the tenant mix at Blue Star Shopping Center in Watchung, New Jersey, with plans to open an 11,000-sq.-ft. store at the 419,000-sq.-ft. shopping center.
Wal-Mart names veteran exec as India COO

New Delhi, India –- Wal-Mart Stores Inc. has named Murali Lanka as COO of its Indian operation effective Dec. 1. Lanka has held various positions with Wal-Mart and Sam’s Club since 1989 and served as head of operations of Wal-Mart India from 2008-2013, and most recently held the position of regional general manager for Wal-Mart in Texas.

Is the Future for Stores Getting Smaller?

Is the Future for Stores Getting Smaller?

Harvard Business Review: And the best-performing CEO is…

Century 21 opens as The Gallery anchor Oct. 28

Expansion at Sawgrass Mills to bring an additional 30 stores and restaurants

Pine Tree Commercial Realty acquires South Pasadena Shopping Center

Uniqlo opens at Great Mall Oct. 31

GBT Realty adds tenants to Middletown Commons

Tuesday Morning to open at Blue Star Shopping Center

Wal-Mart names veteran exec as India COO