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Mass Merchant

  • EDENS reveals residential partner for redevelopment of mixed-use project in Alexandria, Va.

    Alexandria, Va. -- EDENS announced its residential partnership with Gables Residential on the development of 530 First Street in Alexandria, Virginia.

    530 First Street will be the next major step in the evolution of Old Town North. EDENS will spearhead a new retail to the neighborhood. The LEED-certified, mixed-use project will offer 232 units of distinct apartment homes above 50,000 sq. ft. of retail.

  • WP Glimcher completes sale of two non-core malls for $30 million

    Columbus, Ohio -- WP Glimcher has completed the sale of Forest Mall in Fond Du Lac, Wisconsin and Northlake Mall in Atlanta. The two non-core assets were sold to private real estate investors for $30 million.

  • What General Growth’s CEO really said about Amazon’s expansion plans

    A passing reference at the end of a conference call about Amazon.com’s possible plans for physical stores by General Growth Properties' CEO has taken on a life of its own with speculation raging that the online retailer will soon open 400 stores.

  • Destination XL the momentum — and store expansion — going

    Destination XL increased its earnings guidance for fiscal 2015 after the men's big-and-tall retailer pre-announced increased profit and high single-digit same-store sales for the fourth quarter.

  • Be like Beckham, global superstar reprises role in H&M campaign

  • Target adds A-Lister brand to beauty aisle

    With award season here, Target is hoping shoppers will want to get the red carpet look of their favorite celebrities.

    The retailer announced it has begun carrying a favorite skin care line of A-Listers: Embryolisse. The premium assortment features high-end masks, firming creams and cleansing milks that specialize in anti-aging and deep hydration.

  • H&M’s brick-and-mortar expansion continues at torrid pace

    H&M isn’t letting a challenging retail environment stand in the way of its physical expansion.

    The Swedish retail powerhouse plans to open 425 stores in 2016, with a focus on expansion in the United States and China. The company will also enter several new markets this year, including New Zealand, Puerto Rico and Cyprus.

    In addition, the chain will expand its e-commerce site to several markets, including Ireland, Japan, and Greece.

    At the close of its fiscal year, H&M operated 3,924 stores in 61 markets.

  • Metro Commercial Negotiates Sale of Home Depot Plaza

    Upper Darby, Pa. -- Metro Commercial Real Estate announced that is has negotiated the sale of the 307,000-sq.-ft. Home Depot Plaza in Upper Darby, Pennsylvania.

    The purchaser, a life insurance company, values the long-term nature of the anchor leases, Home Depot and Acme, and the population density of the area.

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