REAL ESTATE

Senior editor Katherine Boccaccio and editor-in-chief Marianne Wilson sat down with retail real estate leaders and analysts in Las Vegas at RECon 2014.  See what each industry expert had to say about the retail landscape, trends in the industry, and projects to keep an eye on.

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New York -- This spring, The Mall at Short Hills in Short Hills, New Jersey, welcomes four new boutiques: The Art of Shaving, Calypso St. Barth, Geox and Maje.

Now open on the lower level, The Art of Shaving offers men’s luxury grooming products.

New Jersey’s first Calypso St. Barth boutique is now open on the upper level. Inspired by travel, culture and the arts, Calypso offers women’s apparel, accessories and home décor.

Kennesaw, Ga. — Pep Boys has signed a 10-year lease for 5,000 sq. ft. at Orchard Square center in Kennesaw, Georgia.

According to the landlord, Westwood Financial Corp. (www.westfin.com), one of the nation’s largest privately held retail shopping center owners, the space was expanded by 1,000 sq. ft. to 5,000 sq. ft. to meet Pep Boys’ current prototype.

Las Vegas -- The Hershey Company has opened a retail flagship, Hershey’s Chocolate World at New York-New York Hotel & Casino in Las Vegas.

The store, which occupies two floors and has an eye-catching 74-ft. high Hershey’s Milk Chocolate Bar that visitors can walk through, is designed to provide shoppers with an experiential concept that immerses them in more than 800 candy and chocolate offerings.

New York -- Mars International Travel Retail (MITR) has opened the first M&M's store in France, in Terminal 2A at Paris-Charles de Gaulle Airport.

Seattle -- In collaboration with Disney, Starbucks Corp. has opened its first company-operated store at Walt Disney World Resort near Orlando, Florida, a nearly 4,000-sq.-ft. location at Downtown Disney West Side. This past March, Disney opened its first company-operated café at Downtown Disney, Anaheim, California. 

Freeport, Maine -- L.L. Bean announced it will open its first store in the state of Vermont, at Burlington Town Center.

The two-level, 18,290-sq.-ft. store is scheduled to open in October. It will feature an assortment of active and casual apparel and footwear, outdoor gear including hiking, fly-fishing, kayaking and camping products. It will L.L. Bean's 20th retail store outside of Maine.