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Mass Merchant

  • Target Exercises Flexibility

    Target Corp. is thinking out of the box in urban and other select areas.

    The retailer’s flexible format store is designed to allow it to open in locations — ranging from downtown areas to college neighborhoods — that can’t accommodate a big-box footprint. The stores, which also serve as convenient pick-up destinations for online orders, run the gamut in size depending on their location. But most seem to average from about 20,000 to 40,000 sq. ft. The smallest, at 12,000 sq. ft., is in Berkely, Calif.

  • Project Profiles


    Seaport District


    Location: Lower Manhattan, New York, N.Y.

    Size: The transformed Seaport District will encompass seven buildings on several blocks totaling more than 400,000 sq. ft.

    Developer: The Howard Hughes Corporation

    Key tenants: iPic Theaters, 10 Corso Como, Scotch & Soda

    Status: Pier 17, the property at the center of the Seaport’s development plan, is set to open next year.

  • The 25 people shaping retail’s future are…

    A 12-year-old CEO is among the 25 individuals named to the National Retail Foundation’s 2017 List of People Shaping Retail’s Future.    Mikaila Ulmer, founder and CEO of Me & The Bees Lemonade http://gala.nrf.com/the-list-2017#MIKAILA-ULMER, is the youngest of the list’s honorees, all of whom will be recognized at the NRF Foundation Gala on January 15 during the NRF Big Show in New York City.  
  • Amazon fulfillment service grew more than 50% during holiday season

    The Amazon Marketplace, an online mall that that allows third-party sellers to reach customers around the world, hit big milestones during the holiday season.  
  • Tech to the Rescue

    Tech solutions helping secure safety of customers, employees

    Retailers have been making investments in technology for years, mainly as a means of improving the customer experience. However, as more shocking incidents, such as active shootings, take place at retail malls, new technology investments focus on solutions that ward off violence.

  • Northeastern Exposure

    Packed and bursting with opportunities

    Ground-up projects are hard to come by here, but shopping center innovation and new retailers are not

    Density and diversity. The two D’s. That, in short, is what sums up the Northeast market for retailers. It’s the place where chains with national expansion plans or new formats to test need to be.

  • Finding a New Outlet

    New retailers and new consumers (read: millennials) are discovering value retail, and that means more outlet centers in more locales in more different configurations.

  • Sears gets another lifeline from CEO — this time backed with real estate

    For the second time in a week, Sears Holdings Corp. is borrowing money from the hedge fund of its CEO.   The embattled retailer has entered into a $500 million secured loan facility (maturing in July 2020) with ESL Investments, the hedge fund controlled by Sears chairman and CEO Edward Lampert. Of the total, $321 million was funded immediately, and an additional $179 million may be drawn in the future.  
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