Content about Atlanta

July 15, 2014

Aaron’s Inc. on Tuesday said it plans to close 44 underperforming stores in the third quarter of fiscal 2014 and continue other cost-reduction initiatives in response to disappointing core business performance.

Atlanta – Aaron’s Inc. on Tuesday said it plans to close 44 underperforming stores in the third quarter of fiscal 2014 and continue other cost-reduction initiatives in response to disappointing core business performance. The electronics, furniture and appliances rentals retailer also revised its earnings guidance downward for the second quarter.

The company praised the performance of its recently purchased Progressive Finance unit.

July 11, 2014

Simon Property Group and Columbus Realty have teamed to inject a high-residential component to Simon’s fashionable Phipps Plaza shopping destination in the tony Buckhead area of Atlanta.

Atlanta -- Simon Property Group and Columbus Realty have teamed to inject a high-residential component to Simon’s fashionable Phipps Plaza shopping destination in the tony Buckhead area of Atlanta.

The residential project, to be named Domain at Phipps Plaza, will be developed with Columbus Realty Partners.

July 11, 2014

Simon Property Group and Columbus Realty have teamed to inject a high-residential component to Simon’s fashionable Phipps Plaza shopping destination in the tony Buckhead area of Atlanta.

Atlanta -- Simon Property Group and Columbus Realty have teamed to inject a high-residential component to Simon’s fashionable Phipps Plaza shopping destination in the tony Buckhead area of Atlanta.

The residential project, to be named Domain at Phipps Plaza, will be developed with Columbus Realty Partners.

June 19, 2014

Soupman Inc., parent company of specialty restaurant chain The Original Soupman, is partnering with the Atlanta Franchise Group, a franchise development company brought on to grow The Original Soupman's franchise presence across the country.

New York – Soupman Inc., parent company of specialty restaurant chain The Original Soupman, is partnering with the Atlanta Franchise Group, a franchise development company brought on to grow The Original Soupman's franchise presence across the country.

June 12, 2014

Arby's Restaurant Group, Inc. announced plans to launch a major remodeling program across its nationwide network of nearly 3,400 Arby's quick-service sandwich restaurants.

Atlanta — Arby's Restaurant Group, Inc. announced plans to launch a major remodeling program across its nationwide network of nearly 3,400 Arby's quick-service sandwich restaurants.

The turnkey revitalization initiative includes a new building image, team member re-training program and franchisee remodel financing solution.  

June 12, 2014

Kroger Co. is reportedly planning to build a $250 million distribution center in the suburban Atlanta area.

Cincinnati — Kroger Co. is reportedly planning to build a $250 million distribution center in the suburban Atlanta area. According to the Cincinnati Business Courier, Kroger will open the 1 million-sq.-ft. facility in the suburb of Forest Park, on the site of the former Fort Gillem army base by September 2015.

The distribution center will open with 700 to 900 skilled workers, and eventually employ about 1,500 people. Kroger declined to comment on the report.

June 12, 2014

Kroger Co. is reportedly planning to build a $250 million distribution center in the suburban Atlanta area.

Cincinnati — Kroger Co. is reportedly planning to build a $250 million distribution center in the suburban Atlanta area. According to the Cincinnati Business Courier, Kroger will open the 1 million-sq.-ft. facility in the suburb of Forest Park, on the site of the former Fort Gillem army base by September 2015.

The distribution center will open with 700 to 900 skilled workers, and eventually employ about 1,500 people. Kroger declined to comment on the report.

May 2, 2014

Real estate is a complex issue no matter what industry you’re in. For retailers, who typically operate on slim margins and are generally the first industry to feel the effects of variations in consumer spending, navigating the tricky waters of real estate can be especially challenging. 

May 2, 2014

For Gainesville, Fla.-area residents, these are exciting times. Celebration Pointe, one of the more distinctive mixed-use projects in the state of Florida, is about to hit a significant milestone: The initial phase of the ambitious, $170 million development broke ground in April with site preparation and significant public infrastructure upgrades.

May 1, 2014

Year five and, once again, too few square feet in ground-up shopping center construction to rank the “Fastest-Growing Developers” as has been the Chain Store Age tradition for the 20 years prior.

Today, developers seem fated to redevelop and expand existing centers, develop 300,000-sq.-ft. to 600,000-sq.-ft. outlet centers and perhaps add an occasional grocery-anchored infill center.

April 23, 2014

Boutique accessories and jewelry designer Kendra Scott will add two new Atlanta-area stores – one in Buckhead at The Shops Around Lenox, and the other in Alpharetta, at the Avalon Center.

Atlanta -- Boutique accessories and jewelry designer Kendra Scott will add two new Atlanta-area stores – one in Buckhead at The Shops Around Lenox, and the other in Alpharetta, at the Avalon Center.

The Shops Around Lenox store opens April 26, and will feature an interactive Kendra Scott Color Bar, where customers can design and personalize one-of-a-kind jewelry.

The Avalon Center store in Alpharetta is slated to open fall 2014.

April 23, 2014

Boutique accessories and jewelry designer Kendra Scott will add two new Atlanta-area stores – one in Buckhead at The Shops Around Lenox, and the other in Alpharetta, at the Avalon Center.

Atlanta -- Boutique accessories and jewelry designer Kendra Scott will add two new Atlanta-area stores – one in Buckhead at The Shops Around Lenox, and the other in Alpharetta, at the Avalon Center.

The Shops Around Lenox store opens April 26, and will feature an interactive Kendra Scott Color Bar, where customers can design and personalize one-of-a-kind jewelry.

The Avalon Center store in Alpharetta is slated to open fall 2014.

April 21, 2014

Associates working at Kroger stores in the Atlanta metro and surrounding area have ratified new labor agreements with UFCW Local 1996.

Cincinnati -- Associates working at Kroger stores in the Atlanta metro and surrounding area have ratified new labor agreements with UFCW Local 1996. The contracts cover 23,598 associates working in 163 stores in the Atlanta area and 12 in Savannah.

April 21, 2014

Simon Property Group has announced a series of improvements for Phipps Plaza in Atlanta’s fashionable Buckhead district.

Atlanta — Simon Property Group has announced a series of improvements for Phipps Plaza in Atlanta’s fashionable Buckhead district.

The first improvement will make over the interior with a fresh new look. Plans include upgraded LED lighting, repainting, new warm wood accents, an updated railing system, luxury soft seating and lounging areas with Wi-Fi connectivity and chargers, upgraded restrooms and the installation of a hotel-like concierge service center.

April 21, 2014

Simon Property Group has announced a series of improvements for Phipps Plaza in Atlanta’s fashionable Buckhead district.

Atlanta — Simon Property Group has announced a series of improvements for Phipps Plaza in Atlanta’s fashionable Buckhead district.

The first improvement will make over the interior with a fresh new look. Plans include upgraded LED lighting, repainting, new warm wood accents, an updated railing system, luxury soft seating and lounging areas with Wi-Fi connectivity and chargers, upgraded restrooms and the installation of a hotel-like concierge service center.

April 15, 2014

Simon Property Group said it will undertake a series of improvements to Phipps Plaza, which is located in Atlanta's Buckhead district.

Atlanta -- Simon Property Group said it will undertake a series of improvements to Phipps Plaza, which is located in Atlanta's Buckhead district.

The plans include extensive interior makeover, providing a fresh new look and feel to the interior space of the mall, with upgraded LED lighting, new paint, new warm wood accents, an updated railing system, luxury soft seating and lounging areas with Wi-Fi connectivity and chargers. In addition, restrooms will be upgraded and a hotel-like concierge service center will be installed.

April 15, 2014

Simon Property Group said it will undertake a series of improvements to Phipps Plaza, which is located in Atlanta's Buckhead district.

Atlanta -- Simon Property Group said it will undertake a series of improvements to Phipps Plaza, which is located in Atlanta's Buckhead district.

The plans include extensive interior makeover, providing a fresh new look and feel to the interior space of the mall, with upgraded LED lighting, new paint, new warm wood accents, an updated railing system, luxury soft seating and lounging areas with Wi-Fi connectivity and chargers. In addition, restrooms will be upgraded and a hotel-like concierge service center will be installed.

April 9, 2014

SRS Real Estate Partners welcomes Logan Elder as an associate in the Atlanta office.

Dallas — SRS Real Estate Partners welcomes Logan Elder as an associate in the Atlanta office. She will focus on tenant representation.

Elder comes to SRS from Post Properties, where she handled management and leasing for multi-family developments retail and restaurant space.

 

April 3, 2014

The Home Depot's fifth annual Spring Black Friday starts April 3.

Atlanta – The Home Depot's fifth annual Spring Black Friday starts April 3. For the next 11 days, prices on hundreds of spring products will be significantly reduced, including a variety of live goods, soils, mulches and lawn care supplies; outdoor power tools; gardening products; patios and grills.

"This spring and every season, The Home Depot aims to bring the latest tools to market to make the to-do list easier and simpler," said Dana Hudson, The Home Depot senior merchant.

 

March 26, 2014

Crowd-sourced delivery company Kanga has launched a new iPhone and Android app that will place on-demand delivery options in the hands of local customers.

Atlanta -- Crowd-sourced delivery company Kanga has launched a new iPhone and Android app that will place on-demand delivery options in the hands of local customers. The first market to pilot the on-demand shipping solution is Kanga’s home base of Atlanta.

The solution, which leverages crowd-sourced labor, is designed to connect customers and retailers with local delivery drivers.

March 19, 2014

Phillips Edison-ARC Grocery Center REIT II has acquired its first grocery-anchored shopping center — the 81,674-sq.-ft. Bethany Village in Alpharetta, Ga., an affluent suburb of Atlanta.

Cincinnati — Phillips Edison-ARC Grocery Center REIT II has acquired its first grocery-anchored shopping center — the 81,674-sq.-ft. Bethany Village in Alpharetta, Ga., an affluent suburb of Atlanta.

A 51,674-sq.-ft. Publix anchors the center. Publix is the number one grocer by market share in the Atlanta metropolitan statistical area. Other national tenants at Bethany Village include Marco’s Pizza, Subway and Workout Anytime.

March 5, 2014

Phoenix-based Sprouts Farmers Markets Inc. is expanding. The natural-foods supermarket chain expects to open 22 to 24 stores in fiscal 2014, including five locations in the Atlanta area.

New York -- Phoenix-based Sprouts Farmers Markets Inc. is expanding. The natural-foods supermarket chain expects to open 22 to 24 stores in fiscal 2014, including five locations in the Atlanta area.

Sprouts currently operates more than 165 locations in eight states.

Meanwhile, Gap Inc. continues to expand its newest banner, Athleta, with about 30 additional U.S. stores on tap for fiscal year 2014.

In more store expansion news:

February 19, 2014

Xcel Brands has announced the opening of the Isaac Mizrahi New York store in Woodstock, Ga., a suburb of Atlanta.

New York — Xcel Brands has announced the opening of the Isaac Mizrahi New York store in Woodstock, Ga., a suburb of Atlanta. The 2,000-sq.-ft. shop will open on March 29.

Xcel Brands acquires, designs, licenses and markets consumer brands through an omnichannel sales strategy that includes interactive media, digital and brick-and-mortar retail. In 2011, the company acquired the Isaac Mizrahi New York designer apparel brand and an interest in Liz Claiborne New York.

 

February 19, 2014

Xcel Brands has announced the opening of the Isaac Mizrahi New York store in Woodstock, Ga., a suburb of Atlanta.

New York — Xcel Brands has announced the opening of the Isaac Mizrahi New York store in Woodstock, Ga., a suburb of Atlanta. The 2,000-sq.-ft. shop will open on March 29.

Xcel Brands acquires, designs, licenses and markets consumer brands through an omnichannel sales strategy that includes interactive media, digital and brick-and-mortar retail. In 2011, the company acquired the Isaac Mizrahi New York designer apparel brand and an interest in Liz Claiborne New York.

 

February 10, 2014

The Home Depot announced the opening of its new direct fulfillment center, in Locust Grove, Ga.

Atlanta -- The Home Depot announced the opening of its new direct fulfillment center, in Locust Grove, Ga. It is the first of three such facilities the company will open across the United States over the next two years, adding more than three million square feet and approximately 1,000 jobs to its supply chain.