REAL ESTATE

Advertisement

CBL will redeem $355 million in senior secured notes
One of the nation’s top mall owners announced that it will redeem senior secured notes to be backed by 13 of its open-air centers and 91 high-demand outparcels.
Mayweather Boxing and a dream museum are among new tenants for Poag
Poag Shopping Centers has long studded its developments with the restaurants, entertainment providers, and greenspaces that move traffic into retail centers. But the company’s chief is seeing new life for classic apparel shops, as well.

Fashionphile opens huge showroom in the Big Apple — complete with ‘The Cage’
Fashionphile is promising the world’s largest collection of Hermès Birkin bags at its new location in Manhattan’s West Chelsea neighborhood.
Kroger opens new fast delivery fulfillment facility
The Kroger Co. continues supplementing its network of automated fulfillment centers with smaller “spoke” locations.
Express bucks trend, ups outlook as sales surge; opening more Edit, UpWest stores
Express continues to gain momentum.
First Look: Amazon’s first-ever physical clothing store opens
Amazon Style is officially open.
Kohl’s to open 100 small-format stores during next four years
Kohl’s Corp. is thinking smaller to grow bigger.
Report: New company to relaunch Bon-Ton, other regional department store banners
An array of now-closed department store banners may be in for a second life.
ICSC’s May show makes big return
The retail real estate industry's former RECon show—now called ICSC Las Vegas—has drawn a sizeable and active attendance this year.
Starbucks plans Russia exit
Starbucks is reportedly ending its brand presence in Russia as the Russia-Ukraine war continues.
Camping World acquires RV dealer
Camping World Holdings Inc. is strengthening its position in California.
The Children’s Place has tough Q1, will shutter stores
The first quarter of fiscal 2022 was not fun and games for the largest pure-play children’s specialty apparel retailer in North America.
Sustainable technology successes from a green spring
Retailers have been reaping the rewards of environmentally friendly solutions during the past few months.
Cullinan’s Matthew Beverly on Community Involvement
When Kite Realty Group acquired Oakbrook, Ill.-based Retail Properties of America, Inc., last year, the president of RPAI’s Eastern Division, Matthew Beverly, was quickly snapped up by Cullinan Properties to serve as its new CEO.
Woodmont acquires and promises to re-energize New Orleans area center
The Village at Northshore in Slidell, La., has just gotten itself a new lease on leasing, promises its new owner.
Lowe’s opens fulfillment center for professional customers
Lowe’s Cos. is making a big commitment to its “pros” (professional customers).
Sephora and Brookfield partner to provide ‘Curbcierge’ service
Sephora customers in Houston now have a new hurry-up method to pretty-up.
URW’s Geoff Mason on Post-Pandemic Development
During more than 10 years with Westfield and Macerich, Geoff Mason spent much of his time helping specific centers continue to provide what their fast-changing communities wanted.
Bergen Town Center to welcome Kohl’s and a medical center
The premier value shopping property in the retail-packed town of Paramus in New Jersey has announced some interesting new tenants.
Amazon expands contactless payment at more Whole Foods stores
Residents of a major U.S. metro area can now use Amazon One palm payment technology at select Whole Foods locations.
Woodmont’s Fred Meno on the future of malls
At The Woodmont Company, management growth has resulted organically from their third-party management platform and Woodmont plays in just about every sector of retail.
Chicken Salad Chick entering new market; opening 50-plus stores in 2022
Chicken Salad Chick continues its national expansion.
Container Store to open 70-plus stores during next five years
The Container Store is returning to brick-and-mortar growth.
How Joe Vrankin’s using what he learned at Topgolf to take casual golfing indoors
It was during his five years as CEO of Topgolf that now Puttshack chief executive Joe Vrankin learned three things he never forgot.
CBL’s Stephen Lebovitz on retail in the ‘20s
Like all big mall owners, the last couple of years have been a roller coaster ride for CBL Properties and its CEO Stephen Lebovitz.
A Fresh Breath of Open-Air
Open-air shopping center operator Adam Ifshin of DLC Management Corp. says that omnichannel retail now depends more than ever on brick-and-mortar.

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