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Mass Merchant

  • Food, food and more food

    From food trucks to high-end restaurants and everything in between, dining has never been more essential to the shopping center experience.

    “E-commerce has made it more important for retail centers to enhance the experience,” said Terry Montesi, CEO, Trademark Property Co. And food works great with retail.”

  • Young women’s apparel retailer files Chapter 11

    A decades-old apparel retailer finds itself no longer in fashion, undone by fast-fashion competition and a lack of e-commerce expertise.

    Joyce Leslie filed for Chapter 11 bankruptcy court protection in White Plains, New York, and is a likely candidate for liquidation, Women’s Wear Daily reported. The chain, founded in 1945, operates 47 stores throughout the Northeast.

  • ICSC: Omnichannel wins, with physical stores at epicenter

    A just-released holiday survey reinforces the dominance of the omnichannel shopper.

    Nearly one-third (32%) of shoppers the past holiday season used the click and collect method – with 69% of these shoppers purchasing additional items in the store when they went to pick up the item and 36% making another purchase in an adjacent store, according to the International Council of Shopping Centers’ Holiday Consumer Purchasing Trends study.

  • Irvine Company announces a major $150 million reinvestment

    Irvine, Calif. -- Irvine Company announced a major $150 million reinvestment in Irvine Spectrum Center located in Irvine, California, in the heart of Irvine Spectrum, a mixed-use community that provides a balanced district of retail, office, and living space.

  • Target execs excited by wearables, IoT at CES

    The annual Consumer Electronics Show (CES) in Las Vegas has wound down, and senior Target executives are sharing their thoughts on the retailer's official blog, A Bullseye View. CEO Brian Cornell, chief marketing officer Jeff Jones and chief strategy and innovation officer Casey Carl shared insights on hot topics from the event, such as personalization, wearable devices and the Internet of Things (IoT). [A Bullseye View]

  • Target’s unusual new partner has cult-like following

    Target Corp.’s newest partner is a cycling studio chain knows for its high-intensity (and pricey) workouts and devoted, cult-like following.

    The retailer has teamed up with SoulCycle to launch a 10-city tour that will offer special three-day weekend events in select markets with complimentary classes taught by certified SoulCycle instructors.

  • Vacant mall in Tennessee to be redeveloped for $200 million

    Bellevue, Tenn. -- Crosland Southeast and Branch Properties have entered into a joint venture to acquire Bellevue Center Mall, an 87-acre property, located in Bellevue Tennessee. Crosland and Branch will collaborate to develop the retail component of the project and will rebrand the Bellevue Center Mall as One Bellevue Place. The projected costs for the redevelopment are approximately $200 million.

  • Dollar Tree to expand Pennsylvania footprint

    Plymouth Meeting, Pa. -- Metro Commercial Real Estate announced it has negotiated 13 new store openings for Dollar Tree in Pennsylvania.

    Dollar Tree a value-driven variety store operating at a one-dollar price point, with stores where Middle America lives and shops and incorporates the philosophy of bright stores, big signs, and a clean environment.

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