REAL ESTATE

Fox named VP at Divaris
Photo: George Fox Divaris Real Estate has named George Fox VP of sales and leasing at its Virginia Beach office. He will represent both landlords and tenants in North Carolina and Virginia, with a primary focus on the Hampton Roads market.
Department store retailer in expansion mode
Not all department stores are scaling back on their portfolio. Von Maur Department Stores has opened its third location in the state of Georgia, a 165,000-sq.-ft. store at the Mall of Georgia in Buford.

Eataly entering new market

Eataly is taking its Italian food marketplace format to Canada. The company announced plans to open its first Canadian location in early 2019, as an anchor tenant of the newly renovated Manulife Centre in Toronto. Eataly, which combines food markets, restaurants, and eateries, will span three stories for a total space of 50,000 sq. ft.
Von Maur adds new location for specialty store format

Von Maur is slowly expanding its Dry Goods women’s specialty store format. The retailer has opened a 4,000-sq.-ft. store at Woodland Mall. Since launching in 2010, Dry Goods has grown to 19 locations across six states. Dry Good’s name and store design were inspired by Von Maur's heritage as a dry goods store, dating back to 1872 in downtown Davenport, Iowa.
Toys 'R' Us’ ongoing turnaround plans include more stores

Fun. And smaller stores. Both are part of Toys “R” Us’ plan to revive itself, Bloomberg reported.
Dunkin’ Donuts opens milestone store

It’s 12,000 stores and counting for Dunkin’ Donuts. The chain on Tuesday opened its 12,000th restaurant worldwide, in Riverside, California. The new location is part of Dunkin’s strategic westward expansion. It plans to open more than 30 new restaurants in California this year with plans for about 300 new locations total to be developed in the state over the coming years.
Custom menswear start-up expanding in U.S.

Hot on the heels of its first U.S. store, Surmesur, a made-to-measure online men’s clothing retailer, has brought its original custom menswear concept to Chicago. The Chicago store is the eighth for the custom menswear retailer and the second outside Canada's borders, with the recent opening of a store in Pittsburgh.
Petco creates market expansion role

Petco has named William Engen senior VP of retail market expansion, a newly created role dedicated to optimizing the company’s investments in store growth. Engen, who joins Petco from Wingstop Restaurants, where he served as COO, will be in charge of real estate, construction, and store design. He previously served in senior operations roles at 7-Eleven and Circuit City.
Saks Off 5th opens store in D.C. area

Saks Fifth Avenues’ value-luxury brand opened its fourth Virginia outlet this week in Springfield, just outside of Alexandria. The new store occupies a 30,000-sq.-ft. space on two levels in the PREIT-owned Springfield Town Center, its first mall location in the Washington, D.C., area.
Long-delayed American Dream mall moves closer to reality

The nearly 3 million-sq.-ft. American Dream retail and entertainment center in the New Jersey Meadowlands has moved one step closer to completion. On Thursday, the New Jersey Sports and Exposition Authority, which owns the site, voted for a second time to issue $1.15 billion in bonds to finance the completion of the long-delayed project after a non-profit group had threatened to file a law suit to block the sale, NorthJersey.com reported.