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REAL ESTATE

News and analysis on retail related real estate, including deals, center development and tenant updates.

Walmart to redesign nearly 1,000 stores

Walmart has unveiled an airport-inspired, digitally-enabled store design that it plans to start rolling out this year.

North Carolina mall gets a new life for Christmas

A May 2019 review of the Randolph Mall in Asheboro, N.C., by “Pawlover”, said, “This mall probably won't last too much longer, which is a bit sad.” Well, Pawlover, cheer up. The mall is making a comeback.

Thompson Thrift Retail Group will build its first center in Naperville.

Great Clips now has a location in all 50 states.

Not all shopping will be done online this season. 

Charming Charlie is back in business months after closing its 261 locations nationwide and selling its trademark at a bankruptcy auction. 

The Centers for Disease Control and Prevention wants shoppers to avoid crowded stores on Black Friday.

The Kroger Co. is following through on a promise to construct a leading-edge automated warehouse facility in the Great Lakes region.

Bed Bath & Beyond has unveiled the first group of stores that it plans to shutter as part of its ongoing restructuring efforts.

Gov. Andrew Cuomo stalled the opening of malls in New York, requiring that air filtration systems be upgraded before they could allow customers in, but ShoppingTown Mall in DeWitt, N.Y., could only let in the rain.

Amazon is creating 3,500 new corporate and tech jobs north of the border and leasing additional office space to house them.

The Avenue Viera, a 600,000-sq.-ft. outdoor shopping center in Viera, Fla., has become the first center in America to win the Global Biorisk Advisory Council’s GBAC Star accreditation.

Not all mall owners have the talent or temerity to turn an old, outdated mall into a mixed-use town center, especially if that owner is the city of Norfolk, Va.

Even the nation’s largest candy store retailer isn’t immune to the pandemic.

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