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REAL ESTATE

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

Amazon opening high-tech supply chain hub in Texas

Amazon plans to open a robotics fulfillment center in Waco, Texas, in 2021.

Ross Stores in 30 new store openings

Ross Stores has completed its 2020 expansion. 

The high-end rug merchant Safavieh has purchased the Stamford Town Center mall in Stamford, Conn., from Taubman for $20.15 million.

Acquiring and disposing of shopping centers became more complicated with changes in business caused by COVID-19.

Carter’s is closing a big chunk of its store base but it isn’t giving up on new store growth.

Amazon is expanding the footprint of its high-tech grocery store format in California.

Stage Stores Inc. has taken another step in selling off its business — one that will help a former rival expand.

Lids is growing its retail footprint.

J.C. Penney is inching closer to being acquired by mall giants Simon Property Group and Brookfield Asset Management.

Amazon is bringing its new grocery store format Amazon Fresh to the suburbs of Chicago.

L.L. Bean is opening a store in Canada’s largest city.

True Religion has emerged from Chapter 11 bankruptcy protection for the second time in less than three years. 

Winn-Dixie is expanding its store footprint in its home state.

As COVID-19 cases scaled up during the month of May, 1,385 stores taking up 40 million sq. ft. closed for good in the United States.

Meijer has opened its third neighborhood market.

AMC

Governor Andrew Cuomo’s okaying of movie theater openings has AMC Entertainment opening a dozen theaters in New York State this week and several more by Oct. 23.

Joan Insel

Everything about physical retail centers—the look, the function, the feel, the tenants—is now in flux.

Hudson’s Bay Company has taken another step towards unleashing the full potential of its real estate and investments business.

Acme Markets, a division of Albertsons Cos., is expanding its store footprint via an acquisition.

The fate of Connecticut Post Mall, the state’s largest with 1.3 million sq. ft. of GLA, is now dim.

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

Rite Aid has made a crucial addition to its Store of the Future initiative. 

Five Below has joined the fast-growing esports craze.

Four segments of real estate have long been distinct: office, residential, retail, and industrial.

Steve Levin

Following a Planning and Zoning Board vote that rejected Centennial’s plan to add luxury apartments to its Connecticut Post Mall in Milford, Conn., the fate of the state’s largest mall was in question.

Arhaus has unveiled a new format that specializes in interior design and customization services. 

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