Content about East Coast

July 2, 2014

According to Forrester Research, weather is the leading cause of business disruptions. From commodity demands and supply chain interruptions to community assistance, retailers know the power that severe weather has over their economic profits and losses.

By Kevin Smith, VP of onshore corporate services for ImpactWeather

According to Forrester Research, weather is the leading cause of business disruptions1. From commodity demands and supply chain interruptions to community assistance, retailers know the power that severe weather has over their economic profits and losses.

July 2, 2014

Winick Realty Group has completed retail leasing for TF Cornerstone’s East Coast Development, a mixed-use project on the Long Island City Waterfront.

NEW YORK — Winick Realty Group has completed retail leasing for TF Cornerstone's East Coast Development, a mixed-use project on the Long Island City Waterfront. The large project consists of six buildings with approximately 3,000 apartments and the largest retail development in Long Island City.

Eight retail leases cover retail space in five of the buildings: 4545 Center Boulevard, 4540 Center Boulevard, 4610, 4615 and 4630 Center Boulevard.

July 1, 2014

Vestis Retail Group, made up of the East Coast-based Bob's Stores and Eastern Mountain Sports, has signed an agreement to acquire Los Angeles-based Sport Chalet.

Meriden, Conn. -- Vestis Retail Group, made up of the East Coast-based Bob's Stores and Eastern Mountain Sports, has signed an agreement to acquire Los Angeles-based Sport Chalet.

May 28, 2014

Make Meaning is expanding its East Coast presence with the opening of its sixth U.S. location, at Bethesda Row in Bethesda, Maryland, on June 9.

New York -- Make Meaning is expanding its East Coast presence with the opening of its sixth U.S. location, at Bethesda Row in Bethesda, Maryland, on June 9. Make Meaning has five additional locations nationwide – two in New York City, as well as locations in Dedham, Massachusetts, Thousand Oaks, California, and Scottsdale, Arizona. The company plans to roll out additional locations nationwide and abroad.

May 12, 2014

Outdoor garments and accessories outfitter C.C. Filson Co. has opened its first retail store on the East Coast, in downtown Manhattan.

Seattle -- Outdoor garments and accessories outfitter C.C. Filson Co. has opened its first retail store on the East Coast, in downtown Manhattan.

The approximately 1,800 sq.-ft. store sells the company’s signature luggage, leather accessories, apparel and iconic outerwear, and also is the first Filson location to offer its new line of camera bags, developed in collaboration with Magnum Photos.

 

April 15, 2014

Tesco Plc plans to bring its value-priced F&F clothing format to the United States, opening seven stores on the East Coast this year with its U.S. franchise partner, Retail Group of America.

New York -- Tesco Plc plans to bring its value-priced F&F clothing format to the United States, opening seven stores on the East Coast this year with its U.S. franchise partner, Retail Group of America. The move comes some six months after Tesco sold off its struggling American supermarket operation, Fresh & Easy, to Ron Burkle's Yucaipa investment company.

January 21, 2014

Forge Real Estate Partners III, co-sponsored by the Sembler Company and Forge Capital, has formed a joint venture with East Coast Acquisitions and acquired Tarrymore Square in North Raleigh, N.C.

St. Petersburg, Fla. — Forge Real Estate Partners III, co-sponsored by the Sembler Company and Forge Capital, has formed a joint venture with East Coast Acquisitions and acquired Tarrymore Square in North Raleigh, N.C.

Tarrymore Square is a 256,805-sq.-ft. shopping center with a 65% occupancy rate. Existing tenants include Walgreens, Rugged Warehouse, Surplus Warehouse, Rainbow Fashions, Rent-A-Center and Miller-Motte Technical College.

October 18, 2013

East Coast-based convenience store operator WaWa is expanding through the state of Florida with a new prototype designed to reflect the language and style associated with Floridian vernacular architecture.

East Coast-based convenience store operator WaWa is expanding through the state of Florida with a new prototype designed to reflect the language and style associated with Floridian vernacular architecture.
     

July 22, 2013

Combined Properties has named Andrew V. Marusak, IV, VP construction for the east coast.

Washington, D.C. — Combined Properties has named Andrew V. Marusak, IV, VP construction for the east coast. He will be responsible for the firm’s many projects in the Washington, D.C., metro market.

“He is an accomplished construction professional with broad experience overseeing large retail portfolios and building mixed-use developments,” said Kathy Roberson, CEO/president. “With $1 billion in our development pipeline, much of it in the DC market, his talents will serve the company well.”

July 19, 2013

Skechers USA’s recently remodeled East Coast flagship store on 42nd St. in Manhattan’s Times Square has incorporated five outdoor LED displays and three static displays to make its own statement on one of the world’s most visually noisy stages.

Skechers USA’s recently remodeled East Coast flagship store on 42nd Street in Manhattan’s Times Square has incorporated five outdoor LED displays and three static displays to make its own statement on one of the world’s most visually noisy stages.

June 11, 2013

Fixtures Living, which specializes in high-end kitchen, bath, outdoor and lifestyle appliances, will open its first East Coast location at Lenox Marketplace in Atlanta.

New York -- Fixtures Living, which specializes in high-end kitchen, bath, outdoor and lifestyle appliances, will open its first East Coast location at Lenox Marketplace in Atlanta. Additional stores are scheduled to open in Glendale, Calif., Chicago and Dallas

The emerging retailer, whose stores average 27,000 sq. ft., currently has three locations in California, in Costa Mesa, Rancho Mirage and San Diego.  

February 11, 2013

A report released by the National Retail Federation and Hackett Associates estimated that retail imports will increase 8.5% in February, after a contract deal between the East Coast and Gulf Coast dockworkers is finalized.

Washington, D.C. -- A report released Friday by the National Retail Federation and Hackett Associates estimated that retail imports will increase 8.5% in February, after a contract deal between the East Coast and Gulf Coast dockworkers is finalized.

The monthly Global Port Tracker report said that, had a key West Coast agreement also been settled, import cargo volume at the nation’s major retail container ports would possibly have seen an additional rise.

February 5, 2013

No Rest for Bridget, based in Irvine, Calif., will make its East Coast debut in mid-March, opening a 1,300-sq.-ft. location on Boston’s Newbury Street.

Boston -- No Rest for Bridget, based in Irvine, Calif., will make its East Coast debut in mid-March, opening a 1,300-sq.-ft. location on Boston’s Newbury Street.

The fast-fashion retailer specializes in affordable women’s clothing and accessories to 20- to 39-year-olds.

The store’s build-out is being handled by A&O Danner Companies, Plymouth, Mass., which is working with D2 Construction of Costa Mesa, Calif.

 

January 11, 2013

Import cargo volume at the nation’s major retail container ports is expected to increase 2.3% in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Washington -- Import cargo volume at the nation’s major retail container ports is expected to increase 2.3% in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. A strike would close 14 ports from Maine to Texas where nearly 15,000 dockworkers handle 40% of the nation’s ocean cargo.


December 28, 2012

A federal mediator announced Friday that the union for longshoremen along the East Coast and Gulf of Mexico has agreed to extend its contract for 30 days.

New York City -- A federal mediator announced Friday that the union for longshoremen along the East Coast and Gulf of Mexico has agreed to extend its contract for 30 days.

The extension averts a potential strike that could have crippled operations at ports that handle about 40% of all U.S. container cargo, and it comes after the union and an alliance of port operators and shipping lines resolved a royalty payment issue that had held up contract resolution. Exact terms have not been made public.

December 10, 2012

Import cargo volume at the nation’s major retail container ports is expected to increase 3.9% in December despite a strike that closed the nation’s largest port complex for the first few days of the month, but retailers are keeping a close watch on a possible strike on the East Coast and Gulf Coast, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Washington -- Import cargo volume at the nation’s major retail container ports is expected to increase 3.9% in December despite a strike that closed the nation’s largest port complex for the first few days of the month, but retailers are keeping a close watch on a possible strike on the East Coast and Gulf Coast, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

November 6, 2012

Aaron’s said it is opening five of its lease-to-own stores in the Midwest, south and on the East Coast.

Atlanta -- Aaron’s said Tuesday it is opening five of its lease-to-own stores in the Midwest, south and on the East Coast.

From mid October to early November, Aaron's stores have opened in Delaware, Ohio; Ionia, Mich.; Franklin, Ky.; Indianola, Miss., and Towson, Md.

In September, the company opened its 2,000th store – located in the Bronx, N.Y.

 

September 10, 2012

Import cargo volume at the nation’s major retail container ports is expected to increase 8.5% in September compared with the same month last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to increase 8.5% in September compared with the same month last year, and strong increases are expected into the holiday season despite talk of a possible strike at East Coast and Gulf Coast ports, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

August 23, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that Essensuals London will open a high-end salon – its first on the East Coast – at PREIT’s Cherry Hill (N.J.) Mall property.

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Essensuals London will open a high-end salon – its first on the East Coast – at PREIT’s Cherry Hill (N.J.) Mall property.

The 1,530-sq.-ft. salon will be the third of its kind in the country, and will join recently opened Henri Bendel. Pottery Barn and The North Face are opening in the fall.

 

March 8, 2012

Celerant Technology has acquired CAM Commerce Solutions, a subsidiary of Robertson Piper Software Group (RPSG) and a well-known East Coast-based retail software provider.

Staten Island, N.Y. -- Celerant Technology has acquired CAM Commerce Solutions, a subsidiary of Robertson Piper Software Group (RPSG) and a well-known East Coast-based retail software provider. CAM provides services for small to mid-size retailers across a variety of vertical markets.

October 17, 2011

By Sven Hammar, CEO, Apica

By Sven Hammar, CEO, Apica

September 1, 2011

Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August.

New York City -- Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August. Hurricane Irene appeared to put a dent in the results of some retailers on the East Coast, but the storm did not appear to do as serious damage as some expected.

Total retail sales rose 4.4%, just missing the 4.6% rise that Wall Street analysts had expected, according to Thomson Reuters. Of the 19 out of the 25 retailers that Thomson Reuters tracks, 11 beat expectations.

August 30, 2011

While it may take some to fully assess the damage, the impact of Hurricane Irene on retail sales is likely to split among retail sectors:

New York City -- While it may take some to fully assess the damage, the impact of Hurricane Irene on retail sales is likely to split among retail sectors: Home-improvement stores selling emergency preparation products and clean-up items are likely to benefit the most from the storm, while apparel retailers and department stores selling non-essential items are likely to take a hit.

August 29, 2011

As Hurricane Irene raged up the East Coast over the weekend of Aug. 26-28, Apple -- like many retailers strategically positioned in the storm’s path -- turned out the lights on its New York-area stores, including all three Manhattan locations, New Jersey and Connecticut, to shield itself from Irene’s wrath.

As Hurricane Irene raged up the East Coast over the weekend of Aug. 26-28, Apple -- like many retailers strategically positioned in the storm’s path -- turned out the lights on its New York-area stores, including all three Manhattan locations, New Jersey and Connecticut, to shield itself from Irene’s wrath.

But on the same day it temporarily shuttered its East Coast stores, Apple officially opened locations in North Carolina, Arkansas and, yes, France.

August 10, 2011

Gap will open two Athleta stores this week in Manhattan’s Upper East and Upper West side neighborhoods.

San Francisco -- Gap will open two Athleta stores this week in Manhattan’s Upper East and Upper West side neighborhoods. The openings mark the women’s active wear brand’s entry into the East Coast market, and support Athleta’s plan to open up to 50 stores by 2013.

“Entering New York is a significant milestone for us as we aim to grow our share of the $31 billion women’s active wear market,” said Scott Key, senior vice president and general manager of Athleta.