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  • DRA Advisors acquires Streets of Brentwood

    Dallas -- SRS Real Estate Partners said it represented Brentwood Specialty Center, LLC in the sale of The Streets of Brentwood to a partnership between New York City-based DRA Advisors and RED Development out of Kansas City.

  • Cheeburger Cheeburger opens at New Britain Village Square

    Chalfont, Pa. -- Brixmor Property Group announced a 2,400-sq.-ft. Cheeburger Cheeburger recently opened at New Britain Village Square, located in Chalfont, Pa.

    Brixmor, which is based in New York City, is the owner of the New Britain Village Square shopping center.
     

  • Essensuals London opens at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that upscale salon Essensuals London has officially opened at its Cherry Hill Mall property in Cherry Hill, N.J.

    The 1,530-sq.-ft. salon – the company’s first on the East Coast – joins the recently opened North Face and Henri Bendel. Pottery Barn is set to open this fall.

  • Macy’s holiday hiring edges up from last year

    Cincinnati -- Macy’s Inc. said it plans to hire approximately 80,000 seasonal associates for its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2012 holiday season. This is an increase of about 2.5% from last year.

  • Saks opens in Kazakhstan

    New York -- Saks Inc. has opened its first Saks Fifth Avenue store in Kazakhstan, in the city of Almaty.

  • Spoiler alert: Walmart’s prices lowest to varying degrees

    Pricing studies conducted this week by Wall Street analysts yielded familiar results.

    Deutsche Bank analyst Charles Grom and Citigroup analyst Deb Weinswig issued reports this week comparing Walmart’s prices to dollar stores and conventional supermarkets and Target.

  • Another retailer achieves a major milestone

    During a year that saw Dollar General open its 10,000th store and AutoZone opens its 5,000th store, rent-to-own retailer Aaron’s has opened its 2,000th location.

    The Atlanta-based retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, designated a store in the Bronx, New York as its 2,000th location.

  • Report: Starbucks to expand across Scandinavia; to open in India by end of October

    New York -- Starbucks Coffee Co. will open stores across the Scandinavian region in a partnership with Umoe Restaurant Group AS, a leading chain of service establishments in Scandinavia.

    The first locations are expected to open in 2013 in Sweden and Norway.

    Michelle Gass, president, Starbucks Europe, Middle East and Africa commented: “We are proud to increase our presence in Scandinavia as part of our growth strategy in Europe, Middle East and Africa, and further develop stores where our customers want and expect us to be

  • Macy’s to open 450 in-store Finish Line shops

    Cincinnati -- Macy's Inc. announced on Friday that Finish Line Inc. would be the department store retailer’s exclusive athletic footwear partner, opening in-store shops in more than 450 Macy’s stores nationwide. The merchandise will also be available online at macys.com.

    Under the agreement, Finish Line will be Macy’s exclusive partner for men’s, women’s and kids athletic footwear and Macy’s will be the exclusive host for Finish Line-branded in-store shops.

  • Cabela’s Outpost rolls into Montana

    SIDNEY, Neb. — Cabela’s Inc. will open a Cabela’s Outpost Store in Kalispell, Mont., joining the outdoor retailer’s single full-line Billings store in the state.

    Construction on the 42,000-sq.-ft. location is scheduled to begin in spring 2013 and Cabela’s said it expects to open the store in fall 2013.

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