Content about City

May 7, 2013
New Life

For the fourth consecutive year, there still is not enough ground-up shopping center construction to justify the "Fastest-Growing Developers" ranking that was Chain Store Age standard fare for two decades.

But we may be edging closer to resurrecting a ranking based on who is building new (or, more accurately, newly repurposed) space. Closer, but still not there.

July 11, 2012
Visionworks to open 17 stores in Philadelphia market by end of 2012

Visionworks, the largest wholly owned U.S.-based optical retailer, has opened its first store in the Philadelphia area. Located in Deptford Township, N.J., it is the first of more than 25 stores expected to open in the market through 2013.

Philadelphia -- Visionworks, the largest wholly owned U.S.-based optical retailer, has opened its first store in the Philadelphia area. Located in Deptford Township, N.J., it is the first of more than 25 stores expected to open in the market through 2013.

The San Antonio-based retailer plans to open 17 stores before the end of 2012 and additional locations by April 2013.

March 23, 2012
The Sporting Club opens at Voorhees Town Center

Philadelphia-based Pennsylvania Real Estate Investment Trust announced that The Sporting Club fitness center has opened a 13,000-sq.-ft. satellite location at Voorhees Town Center, located in Voorhees, N.J.

Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that The Sporting Club fitness center has opened a 13,000-sq.-ft. satellite location at Voorhees Town Center, located in Voorhees, N.J.

Located on the Boulevard, Sporting Club joins Firecreek Restaurant + Bar, Doghouse Gourmet Burgers, Coffee Works Café, Rizzieri Studio Salon, Rizzieri Aveda School for Beauty & Wellness, Rizzieri School for the Healing Arts, and It’s A Doggie Dog World, which just opened in early March.

March 21, 2012
Sport Clips signs sixth lease in the Philadelphia region

Fameco Real Estate announced that Sports Clips has signed its sixth lease in the Philadelphia region as part of an aggressive store roll out campaign.

Plymouth Meeting, Pa. -- Fameco Real Estate announced that Sports Clips has signed its sixth lease in the Philadelphia region as part of an aggressive store roll out campaign.

Sports Clips is focusing its efforts on the Philadelphia MSA and Fameco’s Jim Creed is spearheading the expansion in this market which includes southeastern Pennsylvania, southern New Jersey and Delaware.

March 1, 2012
Simon and Bailian Group to develop a Premium Outlet Center in China

Indianapolis-based Simon Property Group, along with Chinese retail conglomerate Bailian Group, announced plans to jointly develop a branded Premium Outlet Center in Pudong, Shanghai, China.

Shanghai, China -- Indianapolis-based Simon Property Group, along with Chinese retail conglomerate Bailian Group, announced plans to jointly develop a branded Premium Outlet Center in Pudong, Shanghai, China.

Simon Property Group is the world's largest developer, owner and operator of outlet shopping centers, with interests in 70 Premium Outlet Centers located in the United States, Japan, South Korea, Malaysia, Mexico and Puerto Rico.

February 23, 2012
CSA columnist talks real estate in Kansas City

Kansas City, Mo. -- Chain Store Age real estate columnist Jeff Green, featured regularly on Chainstoreage.com’s community page with his “Retail Rap with Jeff Green” commentary, was interviewed by the Kansas City Star about trends in retail real estate. 

Click here to read the story.
 

February 8, 2012
Build-A-Bear Workshop opening second hospital location

Build-A-Bear Workshop will open a store in Sinai Hospital in Baltimore, Md., on Feb. 27.

St. Louis -- Build-A-Bear Workshop will open a store in Sinai Hospital in Baltimore, Md., on Feb. 27. This will be the chain’s second store located inside a hospital.

“When kids are sick or injured, making a new furry friend is a great way to take their mind off of their treatment and a teddy bear hug can help them feel better,” said Maxine Clark, company founder and chief executive. “We’re proud that Build-A-Bear Workshop can bring teddy bear hugs and a positive experience to the children of Sinai Hospital.”

January 4, 2012
Macy’s announces store openings, closings

Macy’s Inc. announced a strategic plan to open new stores in select markets as well as to close a series of underperforming units.

New York City -- Macy’s Inc. announced a strategic plan on Wednesday to open new stores in select markets as well as to close a series of underperforming units. As part of the plan, five Macy’s department stores will be shuttered in spring 2012 – in Topeka, Kan.; Laurel, Md.; Parma, Ohio; Antioch, Tenn.; and Texas City, Texas. Five new Macy’s stores will open in 2012 and 2013.

December 8, 2011
Forever 21 set to expand in China

Forever 21 signed an agreement to open a flagship in Beijing, China, one part of a plan by the fast-fashion retailer to expand into the world’s largest emerging consumer market, according to the Los Angeles Times.

New York City -- Forever 21 signed an agreement Tuesday to open a flagship in Beijing, China, one part of a plan by the fast-fashion retailer to expand into the world’s largest emerging consumer market, according to the Los Angeles Times.

The Los Angeles-based chain will open a 24,000-sq-.ft. store in a multi-story mall located in Beijing’s central shopping district, Wangfujing, with additional stores set to open in Shanghai and Hong Kong, the report said.

November 23, 2011
Athleta makes Philadelphia-area debut

Metro Commercial Real Estate said that Athleta has opened its first store in the Philadelphia area at 1722 Walnut Street in the heart of Center City.

Philadelphia -- Metro Commercial Real Estate said that Athleta has opened its first store in the Philadelphia area at 1722 Walnut Street in the heart of Center City. 

The 4,000-sq.-ft. store, which is a division of Gap Inc., opened on Nov. 9. Kaiserman Cos. is the landlord of 1722 Walnut Street, a strip of high-end retail along Philadelphia’s Rittenhouse Row.
 

November 23, 2011
Fusion Performing Arts Center opens at Voorhees Town Center

Philadelphia-based Pennsylvania Real Estate Investment Trust announced that Fusion Performing Arts Center has opened at Voorhees Town Center, located in Voorhees, N.J.

Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that Fusion Performing Arts Center has opened at Voorhees Town Center, located in Voorhees, N.J.

The new 6,346-sq.-ft. center, which features such events as dance workshops, theater productions and local band performances, is located on the lower level across from Tilt Studio.

November 2, 2011
Report reveals strongest and weakest retail real estate markets

New York City, Washington, D.C., San Francisco and Seattle, top the list of the strongest retail real estate markets, according to Colliers International’s “Third Quarter 2011 North American Retail Highlights” report.

Seattle -- New York City, Washington, D.C., San Francisco and Seattle, top the list of the strongest retail real estate markets, according to Colliers International’s “Third Quarter 2011 North American Retail Highlights” report. The weakest markets include Phoenix, Detroit, Atlanta and Las Vegas, which continue to experience vacancy rates at or above 15%.

October 31, 2011
H&R Block to offer tax services in Walmart stores

H&R Block said it will provide tax preparation services in an estimated 300 Wal-Mart locations nationwide beginning in December.

Kansas City, Mo. -- H&R Block said it will provide tax preparation services in an estimated 300 Wal-Mart locations nationwide beginning in December.

“This new partnership with the world's largest retailer allows us to serve more customers at times and locations that fit their busy lifestyles,” said H&R Block president and CEO Bill Cobb.

H&R Block will offer its products and services at its kiosks in Wal-Mart.
 

October 27, 2011
China newspaper reports Wal-Mart selling outdated coffee

Local Chinese newspaper the People’s Daily reported Thursday that, just two days after re-opening all 13 stores in Chongqing following a forced two-week closure for mislabeling regular pork as organic, the retailer has been called out for selling expired coffee in one of its Chongqing stores.

Beijing -- Local Chinese newspaper the People’s Daily reported Thursday that, just two days after re-opening all 13 stores in Chongqing following a forced two-week closure for mislabeling regular pork as organic, the retailer has been called out for selling expired coffee in one of its Chongqing stores.

Wal-Mart’s Beijing-based spokeswoman Christina Lee said the retailer is currently investigating the case.

October 25, 2011
Report: Wal-Mart reopens 13 stores in China after food safety case

The Xinhua News Agency in Beijing, China, said that Wal-Mart Stores has reopened 13 stores in Chongqing after being forced by authorities to close the stores for 15 days over the mislabeling of regular pork as organic.

Beijing -- The Xinhua News Agency in Beijing, China, said that Wal-Mart Stores has reopened 13 stores in Chongqing after being forced by authorities to close the stores for 15 days over the mislabeling of regular pork as organic.

Chongqing authorities had also arrested two employees and fined the company $421,000 on charges of passing off regular pork as higher-priced organic meat earlier in October.

October 13, 2011
Multiple stores to open at Stirling Bossier

Covington, La.-based Stirling Properties, developer and property manager of Stirling Bossier Shopping Center, in Bossier City, La., announced the addition of Old Navy, Ulta Beauty, Maurices, Mattress Firm, The Joint and GNC to the center’s tenant lineup.

Bossier City, La. -- Covington, La.-based Stirling Properties, developer and property manager of Stirling Bossier Shopping Center, in Bossier City, La., announced the addition of Old Navy, Ulta Beauty, Maurices, Mattress Firm, The Joint and GNC to the center’s tenant lineup.

October 10, 2011
Wal-Mart temporarily shutters seven stores in China

Wal-Mart Stores was ordered to temporarily halt operations at seven stores in the city of Chongqing in southwest China, as the local government investigates accusations that it mislabeled some pork products as organic.

New York City -- Wal-Mart Stores was ordered to temporarily halt operations at seven stores in the city of Chongqing in southwest China, as the local government investigates accusations that it mislabeled some pork products as organic.

The company, which was ordered to pay $421,000 over the incident, apologized to shoppers for any inconvenience and said it was cooperating with authorities.

September 30, 2011
Liz Claiborne wins dismissal of investor lawsuit

A Thursday Reuters report said that Liz Claiborne has won the dismissal of a shareholder lawsuit that accused the company of misrepresenting its relationships with Macy's and J.C. Penney.

New York City -- A Thursday Reuters report said that Liz Claiborne has won the dismissal of a shareholder lawsuit that accused the company of misrepresenting its relationships with Macy's and J.C. Penney.

U.S. District Judge Richard Holwell said Thursday that the investors failed to show that Liz Claiborne intended to mislead them about the relationships.

The class period ran from Jan. 16 to April 30, 2007, the day before Liz Claiborne reported much lower-than-expected profit and sales at department store chains.
 

September 23, 2011
Rizzieri School for the Healing Arts opens at Voorhees Town Center

Philadelphia-based Pennsylvania Real Estate Investment Trust announced Thursday that the Rizzieri School for the Healing Arts has opened at Voorhees Town Center on the Town Center Boulevard.

Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced Thursday that the Rizzieri School for the Healing Arts has opened at Voorhees Town Center on the Town Center Boulevard.

The school is an expansion of the current Rizzieri Studio Salon and Rizzieri Aveda School for Beauty & Wellness.

September 14, 2011
Report: Victoria’s Secret set to debut in Russia

Multiple sources in Moscow on Wednesday said that Victoria’s Secret will open its first Russian store in Moscow on Sept. 30.

Moscow -- Multiple sources in Moscow on Wednesday said that Victoria’s Secret will open its first Russian store in Moscow on Sept. 30.

According to local paper Vedomosti Business Daily, experienced American brand franchisee Moneks will open four Victoria’s Secret stores in and around Moscow prior to year’s end.

September 13, 2011
Lineup of 20 new-to-market retailers to debut at City Creek Center

Bloomfield Hills, Mich.-based shopping center owner Taubman Centers announced Tuesday the first 20 retailers – all new to the market and most new to Utah – coming to City Creek Center, the 700,000-sq.-ft. retail component of mixed-used development City Creek in downtown Salt Lake City.

Salt Lake City -- Bloomfield Hills, Mich.-based shopping center owner Taubman Centers announced Tuesday the first 20 retailers – all new to the market and most new to Utah – coming to City Creek Center, the 700,000-sq.-ft. retail component of mixed-used development City Creek in downtown Salt Lake City.

September 6, 2011
Pier 1 Imports to open at Sequoia Station

Jacksonville, Fla.-based Regency Centers said it has leased retail space to Pier 1 Imports at Sequoia Station, located in Redwood, Calif., bringing the shopping center to 100% leased.

Redwood City, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to Pier 1 Imports at Sequoia Station, located in Redwood, Calif., bringing the shopping center to 100% leased.

Pier 1 leased 11,898 sq. Ft. and is slated to open in February 2012.

The 102,848-sq.-ft. shopping center is anchored by Safeway alongside national retailers such as Old Navy, CVS/pharmacy, Barnes & Noble Booksellers and Johnny Rockets.
 

August 24, 2011
Granite Run Mall’s Leasing Chalkboard

When Washington, D.C.-based Madison Marquette took over the leasing and management duties for Granite Run Mall, located in Media, Pa., near Philadelphia, it launched an innovative program for soliciting shopper feedback.

August 2, 2011
Anthropologie to open in Old Town property

Douglas Development announced that Anthropologie has signed a lease for 10,500 sq. ft. in the newly acquired Douglas Development property at 610-12 King Street in Old Town, Alexandria, Va.

Alexandria, Va. -- Douglas Development announced that Anthropologie has signed a lease for 10,500 sq. ft. in the newly acquired Douglas Development property at 610-12 King Street in Old Town, Alexandria, Va.

Anthropologie will move into the former Hallmark store by the end of this year.

July 21, 2011
DemandTec and Farmacias Ahumada extend agreement

DemandTec said Thursday that Latin America’s largest drugstore retailer Farmacias Ahumada S.A. (FASA) has extended its agreement to use DemandTec’s advanced pricing analytics to drive profit and customer loyalty.

Mexico City, Mexico -- DemandTec said Thursday that Latin America’s largest drugstore retailer Farmacias Ahumada S.A. (FASA) has extended its agreement to use DemandTec’s advanced pricing analytics to drive profit and customer loyalty.