REAL ESTATE

Trademark’s Saddle Creek property brings new retail to Tennessee
Germantown, Tenn. -- Trademark Property Co. announced Lily Rain will open a 1,600 sq. ft. store at Saddle Creek, in Germantown, Tennessee. The store will be Lily Rain’s first Tennessee location and will open in spring 2016 next to Michael Kors.
Taubman Centers expanding use of StepsAway technology
Taubman Centers is expanding its use of a mobile app that lets retail tenants connect with shoppers once they sign into a center’s WiFi network and offer them store-specific deals.

Ikea’s U.S. expansion to bring it to another new market

Ikea’s U.S. expansion to bring it to another new market

Ikea is looking to open its first store in the state of Indiana.

The home furnishings giant is submitting plans to the City of Fishers, Indiana, to open a 296,000-sq.-ft. store 15 miles northwest of downtown Indianapolis.

Pending approvals, construction of the new Ikea could begin as early as summer 2016, with an opening in fall 2017.
EDENS adds brands focusing on health, nutrition and personal style to Union Planters Plaza

Fort Lauderdale, Fla. -- EDENS adds seven new retailers to its Union Planters Plaza located in Fort Lauderdale, Florida. These openings follow the center's complete redevelopment which included the addition of a community green space.
The logistics of a store remodel

Store remodels can yield big results, according to Atlas Logistics, with a 7% to 10% increase in sales to existing customers.

It’s recommended that a complete store remodel occur every five to seven years to keep things current. And such remodels can yield big results in terms of increasing sales, according to Atlas Logistics.
Virtual to Visceral

Online retail sales continue to increase – both in absolute terms and as a percentage of total retail sales. The fact remains, however, that online commerce takes place in what is essentially a one-dimensional transactional venue.
Is this new ‘smart’ store model the future of retail?

A start-up retail logistics company and award-winning retail designer are behind an unusual — and very tech-savvy — new “smart” store model that has just opened its doors.
Victoria’s Secret opens new Nevada store

Dunbar Commercial, a Henderson, Nevada-based commercial real estate brokerage firm, has secured a 10-year lease on behalf of Victoria’s Secret. Dunbar Commercial principal Bill Dunbar made the announcement.

The 7,852-sq.-ft. Victoria’s Secret opened Oct. 23 at The District at Green Valley Ranch in Henderson. Dunbar Commercial represented both the tenant and landlord in the transaction.
Big new Victoria’s Secret flagship in the works

Another larger-than-life retail showcase is coming to the Big Apple.

Victoria’s Secret plans to open a 64,000-sq.-ft. store on the corner of Fifth Avenue and 51st Street. The space was formerly occupied by Forever 21, which moved out after just seven months of operation.

“It’s a very big deal from a brand standpoint,” Stuart Burgdoefer, CFO, L Brands, parent of Victoria’s Secret, said at the company’s annual investor conference.
Santa sets up interactive shop at 10 Macerich malls

Holiday shoppers are in for an interactive treat when they visit Macerich malls this holiday season.

HGTV’s interactive “Santa HQ” returns Nov. 5 through Christmas Eve, Dec. 24, to spread holiday cheer to guests of all ages with a 21st century take on the traditional Santa Claus experience.