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Retail

  • NRF predicts 4% holiday sales increase

    Washington, D.C. – The National Retail Federation (NRF) expects holiday sales to increase 3.9% to $602.1 billion, up slightly from last year’s 3.5% increase. The forecast is higher than the 10-year average holiday sales growth of 3.3%.

    The group noted, however, that its forecast hinges “on Congress and the Administration's actions" over the next 45 days as the government shutdown entered a third day

  • Premium Outlets Montreal break ground

    Montreal — Simon Property Group, SmartCentres and Calloway REIT hosted a groundbreaking ceremony on Oct. 2 to begin construction of Premium Outlets Montreal, the second Premium Outlet Center in Canada.

  • The Price is Right

    Doubling your store count is the type of growth most retailers seek. So 38-unit, Louisiana-based grocery retailer Rouses didn’t complain back in 2007 when it upped its store count in Louisiana and Mississippi from 15 to 32 by purchasing the regional Sav-A-Center chain from A&P. However, for a family-owned business that had previously grown organically, this sudden spurt in its number and distribution of stores created a few issues.

  • Publix enters South Carolina market

    Publix is heading to South Carolina with two stores which will be located in North Myrtle Beach and Pawleys Island.

    The first lease is for North Myrtle Beach located in the Coastal North Town Center at Hwy. 17 and Moss Place. The store will be a 49,000-sq.-ft. Publix supermarket and is expected to open in late 2014.

  • Scaling Solar Nationwide

    Ikea shares lessons learned from 39 diverse installations

    Sustainability is a cornerstone of home furnishings retailer Ikea, its brand and its business plan, reflecting the company’s Swedish heritage.

  • Art Van PureSleep to open in West Bloomfield, Mich.

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  • West Elm makes itself at home in Alabama

    Home furnishings retailer West Elm is opening a retail store in Birmingham, Ala., Thursday, Oct. 10 — it’s first ever location in the state.

    The nearly 8,000-sq.ft. store located in the Summit Birmingham shopping center will feature the brand’s mix of furniture, home décor, gifts and artist collaborations. The store will also feature an assortment of local handcrafted products sourced through Etsy.com, including one-of-a-kind furniture, lighting, leather goods and wall art.

  • Stater Bros. VP of real estate passes away

    San Bernardino, Calif. -- Stater Bros. Markets announced that its VP of real estate, Mike Slaton, died suddenly on Sept. 28.

    As a tribute to Slaton, the new 44,000 sq. ft. Stater Bros. supermarket, which opened last week in Redlands, Calif., will be dedicated in his honor.

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