REAL ESTATE

Apple’s next-gen store design: Three early details
New York -- Apple is getting ready to unveil its next generation of store design — and the industry is already buzzing over the details.

Unfortunately, there aren’t many available — and the few that are don’t seem very revolutionary. What little specifics known about the store are based on remarks made by Rick Millitello, who presented the new store plan on behalf of Apple to the Germantown Design Review Commission for review. (And yes, it was approved.)

Here are three details:
Value-priced, organic specialty grocer entering Minnesota
Bloomington, Minn. -- A three-year old specialty grocer that plans 60 stores by 2019 is entering a new state.

Fresh Thyme Farmers Market will open its first Minnesota store, in Bloomington, on Sept. 30.

"Fresh Thyme is excited to open its first Minnesota store in Bloomington," said Fresh Thyme's CEO Chris Sherrell. "We love meeting new people in the communities we join, and we look forward to offering a shopping experience that encourages healthy and nutritious buying habits."

Online footwear brand steps out with first store

Los Angeles -- The latest online brand to try out brick-and-mortar is a women’s footwear and accessories retailer known for its on-trend styles and affordable prices.

Sole Society on Wednesday opened its first brick-and-mortar store, at Santa Monica Place, Santa Monica. California.
Celebrity chef to open restaurant at Edens’ Mosaic property

Washington, D.C. -- Edens announced that Mike Isabella, of Bravo TV’s “Top Chef” fame, will open his Kapnos Kouzina restaurant concept at Mosaic, Edens’ mixed-use development located in Fairfax County, Virginia. The restaurant is slated to open in early 2016.
New off-pricer making some noise

Louisville, Ky. -- A new off-price outlet concept that opened its first store in November 2014 is expanding.

Retail4LESS announced the opening of two new locations in Kentucky — one in Madisonville, and the second in Franklin — with both due to open in the late fall.

The opening of the two new stores will mark the first new stores for the off-price retailer since the launch of its inaugural location last year, in its home base of Louisville.
ICSC names new CEO

New York -- The International Council of Shopping Centers named a 26-year Deloitte veteran as the fourth individual to lead the global trade association in its 58-year history.

Thomas (Tom) McGee, currently vice chairman, Deloitte LLP, was appointed president and CEO of ICSC, effective Sept. 21. He succeeds current ICSC President and CEO, Michael P. Kercheval who announced his retirement earlier this year.
Ikea going bigger in Burbank

Burbank, Calif. -- Ikea on Wednesday broke ground on a new store that is located less than one mile away from the company’s first-ever store in California and oldest location in the Western United States.

Ikea is building a new, larger store in Burbank, California. Until it opens on the new site in spring 2017, customers can continue to shop at the existing 242,000-sq.-ft. Ikea in Burbank, which was its sixth overall U.S. store and opened in November 1990.
$750 million mixed-use Steelpointe Harbor set to redefine Bridgeport

Bridgeport, Conn. -- Bridgeport Landing Development, a subsidiary of The RCI Group, announced that the $50 million first phase of Steelpointe Harbor, located in Bridgeport, Connecticut, is scheduled to open later this year. Steelpointe Harbor is a two million sq. ft. super-regional waterfront project spanning 82 acres.
Hillside Village multi-million dollar renovation is underway

Cedar Hill, Texas -- Trademark Property Co. announced that it has broken ground on its multi-million dollar renovation of Hillside Village, formerly Uptown Village at Cedar Hill, located in Cedar Hill, Texas.
Now Trending: A Confusing Curriculum

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