News

Denver -- OliverMcMillan in partnership with Invesco Real Estate has purchased the retail portion of Clayton Lane, a mixed-use center located in Denver. The retail project consists of more than 182,000 sq. ft. of retail in six buildings with underground parking.

The property sits in the heart of Denver’s Cherry Creek North and is anchored by Crate & Barrel and Whole Foods Market. Feature retailers include Orvis, HW Home, North, White House | Black Market, Bose and more.

The CEO of Cabela’s, Tommy Millner, said warm winter weather hampered same-store sales in the fourth quarter, but he did not provide details about any potential sale of the company.

Photo: Doug McMillon, president and CEO, Wal-Mart Stores, Inc.

The nation’s gambling capital is getting another high-end retail center, this one with Paris accents.

Wynn Las Vegas announced the development of Wynn Plaza, a 75,518-sq.-ft. luxury retail center. Debuting fall 2017, the complex will support the existing luxury retail collection at Wynn Las Vegas and Encore, as well as bring the shopping experience to the high traffic area bordering Las Vegas Boulevard.

E-commerce platform Shopify wants to help social media content creators expand into the world of online sales.

Shopify is partnering with FameBit, a Santa Monica, California-based platform that allows social media influencers and brands to collaborate for product and service endorsements. The new partnership will allow more than 31,000 of FameBit’s influencers to leverage Shopify’s VIP program and technology to expand into e-commerce.

The majority owner of Ollie’s Bargain Outlet is looking to reduce its stake in the company following a holiday season sales performance CEO Mark Butler characterized as thrilling.

There are a lot of options in decorating a home, and Los Angeles-based specialty home furnishings retailer Z Gallerie wants to match its offerings to customer tastes.

“We’ve been known for one particular style which our customers love and that we’ve done quite well with,” said Chris Nicklo, VP of customer and chief marketing officer of Z Gallerie, during an interview with Chain Store Age. “But to grow, we knew we would need to appeal to a broader spectrum of customers.”

Retailers looking for evidence that technology has become a pre-eminent influencer on their industry need look no further.

A market brief from consumer financial services company Synchrony Financial, “10 Things to Know – the Top 10 Retail Trends for 2016,” identifies eight technology-driven developments on its list. In addition to the emergence of new retail holidays and increased spending on pets, the eight IT-focused trends are:

It has been roughly four months since the Oct. 1, 2015 liability mandate for U.S. retailers to adopt EMV – how much progress has been made?

A Nordic lifestyle store has made its London debut.

Inspired by the hybrid café and retail concepts commonly found in Scandinavia, Blåbär features homeware and accessories from up and coming designers, vintage furniture and its own branded products all in a café environment serving Swedish foods and drinks.