Content about Las Vegas

May 15, 2013

For the first time in quite some time, attendees at the International Council of Shopping Centers (ICSC) Spring Convention in Las Vegas (RECon) might be hoping that what happens in Vegas doesn’t stay in Vegas.

For the first time in quite some time, attendees at the International Council of Shopping Centers (ICSC) Spring Convention in Las Vegas (RECon) might be hoping that what happens in Vegas doesn’t stay in Vegas. There is no doubt in my mind that all the signs are pointing to an event that looks very different than the last few years. The convention runs from Sunday, May 19th through Wednesday, May 22nd at the Las Vegas Convention Center, and will play host to more than 30,000 attendees, around 1,000 exhibitors, and a renewed sense of enthusiasm about the future of our industry.

May 7, 2013

Editor's Note: Chain Store Age's 24th annual survey of Fastest-Growing Acquirers measured retail square footage purchased during the 2012 calendar year.

This year's Fastest-Growing Acquirers range from list regulars to newcomers, a clear sign that retail is returning as a favored sector for growth.

A recovering economy continues to make retail an appealing category for operators and investors alike and, as might be expected, this year's fraternity contains some of the industry's major consolidators. Yet it also holds investment funds branching into new sectors.

May 7, 2013

Robotics and smartphone app power Amazon vet's retail start-up

A Seattle-based retail start-up with an in-store backend robotic system and a smartphone app that rivals the convenience of an online shopping cart is generating big buzz these days. Founded and headed up by Nadia Shouraboura, former head of supply chain and fulfillment technologies for Amazon.com, Hointer combines the best of online and brick-and-mortar retailing to take the hassle out of shopping.

April 1, 2013

Polaroid Fotobar, a new retail concept from Polaroid, has opened its first location, in Delray Beach, Fla.

Polaroid Fotobar, a new retail concept from Polaroid, has opened its first location, in Delray Beach, Fla. The 2,000-sq.-ft. store is designed to allow consumers to take the images from their smartphones and tablet devices and easily turn them into “museum-quality” art that can be framed and hung on a wall or displayed on a desk. 

Polaroid Fotobar has a modern, streamlined look, with sleek lines. The Delray Beach location will serve as a prototype for nine additional cites due to open this year, including locations in New York, Las Vegas, and Boston.

February 20, 2013

MGM Resorts International CEO Jim Murren said that the company is considering selling parts of its $8.5 billion CityCenter project on the Las Vegas Strip, including the Crystals Mall.

Las Vegas -- MGM Resorts International CEO Jim Murren said Wednesday that the company is considering selling parts of its $8.5 billion CityCenter project on the Las Vegas Strip, including the Crystals Mall.

The sell-off would be a move to reduce CityCenter’s $1.85 billion in debt, which has been paid down from $2.5 billion last year.

CityCenter also houses the 4,000 Arai hotel casino which, said Mullen, is not part of any potential sale.

February 15, 2013

The world’s highest-resolution LED screen is on display in Las Vegas.

Salt Lake City -- The world’s highest-resolution LED screen is on display in Las Vegas. The enormous screen, approximately 310 ft. wide by 60 ft. tall and populated with close to 11 million pixels, is the feature attraction of the Harmon Corner Retail Center, on the northeast corner of the Las Vegas Boulevard. The three-level center is anchored by Walgreens.

January 31, 2013

Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities.

Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities. The 24th annual Chain Store Age “Fastest Growing” awards will recognize the most active shopping center owners, managers and acquirers for projects, contracts and transactions completed between January 1, 2012 and December 31, 2012.

January 7, 2013

Inland Diversified Real Estate Trust announced the acquisition of a majority interest a portfolio of six grocery/home-improvement-anchored retail properties located in Las Vegas.

Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced Monday the acquisition of a majority interest in a portfolio of six grocery/home-improvement-anchored retail properties located in Las Vegas.

The properties were acquired in a joint venture between a subsidiary of Inland Diversified and affiliates of the seller Territory Inc.; the joint venture valued the portfolio at about $296 million.

January 7, 2013

1. Baby & Child, Santa Monica, Calif.
A brand new concept from Restoration Hardware, Baby & Child offers a hip, modern take on upscale children's’ home furnishings. With its taupe tones and sophisticated stylings, this new format is far removed from the pastel, whimsical universe of Pottery Barn Kids and most other kids’ stores. Read More

December 3, 2012

The Howard Hughes Corp. and Dillard’s announced that the department store is the latest anchor to be part of The Shops at Summerlin, in West Las Vegas Valley.

Dallas -- The Howard Hughes Corp. and Dillard’s announced that the department store is the latest anchor to be part of The Shops at Summerlin, in West Las Vegas Valley. Dillard’s will build a two-level, 200,000-sq.-ft. foot in the center, with opening scheduled for fall 2014.

November 29, 2012

Tatyana Designs opened its first Bettie Page store in New York City, in Manhattan’s Bowery neighborhood.

Las Vegas -- Tatyana Designs opened its first Bettie Page store in New York City, in Manhattan’s Bowery neighborhood. The iconic area has recently become a flashpoint for cutting edge, fashion forward designers.

"It's perfect for our brand," noted Tatyana Designs co-CEO Jan Glaser. “This is the perfect place for our first store in NYC."

The new store is the company’s 11th retail location to date.

November 29, 2012

Denny has opened a flagship diner, called "Denny's on Fremont," on Freemont Street in downtown Las Vegas.

Las Vegas -- Denny has opened a  flagship diner, called "Denny's on Fremont," on Freemont Street in downtown Las Vegas. Among other attractions, the one-of-a-kind diner: boasts an in-house wedding chapel.

November 27, 2012

Change — how to make it happen and effectively manage it — topped the agenda at Chain Store Age’s 10th annual Executive SPECS conference. Executives from some of the nation’s leading retail and restaurant chains and suppliers and service providers in store planning, construction and facilities management attended the event, which was held in November at Red Rock Casino, Resort & Spa, Las Vegas.

September 24, 2012

Macy's is enhancing its presence in the Las Vegas market.

Cincinnati -- Macy's is enhancing its presence in the Las Vegas market. The department store retailer has signed on as the first anchor tenant at the Shops at Summerlin, in west Las Vegas.  

Macy’s will build a two-level, 180,000-sq.-ft. store in the open- air center, which is being developed by The Howard Hughes Corp. The new Macy’s is expected to open in fall 2014, with construction beginning in fall 2013.

The 1.5 million sq.-ft. Summerlin will feature over 125 stores and restaurants.

June 21, 2012

A heat wave washed over Las Vegas just in time for the International Council of Shopping Centers’ annual RECon event May 20-23 — and the mood inside the Las Vegas Convention Center was just as elevated.

“I am very bullish on this year’s RECon,” said Andy Graiser, co-president of A&G Realty Partners, Melville, N.Y. “Growth is becoming evident in most all categories, and it’s smart growth.”

May 24, 2012

I’m just back from the retail real estate industry’s annual confab, the International Council of Shopping Centers’ RECon, in Las Vegas.

I’m just back from the retail real estate industry’s annual confab, the International Council of Shopping Centers’ RECon, in Las Vegas. As part of the event, Faith Hope Consolo, chairman, Prudential Douglas Elliman, hosted a panel discussion of retailers at the Women’s Special Industry Group meeting. Here are some of the more notable quotes from the discussion:

- Brenda Godfrey, VP global store development, Starbucks Coffee Co.

May 24, 2012

SkyVue, a 500-sq.-ft. observation wheel taking shape on the Las Vegas Strip, across from Mandalay Bay, has completed the first phase of construction, and has begun excavation on its retail and dining components.

Las Vegas -- SkyVue, a 500-sq.-ft. observation wheel taking shape on the Las Vegas Strip, across from Mandalay Bay, has completed the first phase of construction, and has begun excavation on its retail and dining components.

Each side of the wheel will feature a 50,000-sq.-ft. LED screen (the largest in the world), that will host concerts, sporting events, product launches and more. The two-story shopping and dining experience will feature 140,000 sq. ft. of retail space, a 21,000-sq.-ft. convention facility and a food court.

May 22, 2012

Crystals at CityCenter, a 500,000-sq.-ft. retail and entertainment center in Las Vegas, was honored with the International Council of Shopping Centers' (ICSC) VIVA Best--of-the-Best Award in the category of sustainability.

Las Vegas -- Crystals at CityCenter, a 500,000-sq.-ft. retail and entertainment center in Las Vegas, was honored with the International Council of Shopping Centers' (ICSC) VIVA Best--of-the-Best Award in the category of sustainability. The award was announced on May 20, during the ICSC's annual global retail real estate convention, RECon, in Las Vegas.
 
Crystals, which is LEED Gold certified, is the largest retail destination to achieve the Gold level.
  

May 22, 2012

Jersey Gardens, the largest outlet mall in New Jersey, is getting a makeover and a new brand identity.

Las Vegas -- Jersey Gardens, the largest outlet mall in New Jersey, is getting a makeover and a new brand identity. The 1.5 million-sq.-ft. center, in Elizabeth, N.J., will be rebranded The Outlet Collection/Jersey Gardens as part of a new strategy by developer Glimcher Realty Trust to introduce a new brand designation for its outlet centers going forward.

May 21, 2012

On Monday morning, RECon 2012, the International Council of Shopping Centers’ annual retail real estate convention in Las Vegas, kicks off with an expected 31,000+ attendees from around the globe.

Las Vegas -- On Monday morning, RECon 2012, the International Council of Shopping Centers’ annual retail real estate convention in Las Vegas, kicks off with an expected 31,000+ attendees from around the globe.

Running through Wednesday, May 23, RECon will encompass three halls of the Las Vegas Convention Center – or over 1 million sq. ft. – with more than 1,000 companies exhibiting and highlights such as The Cities of the World Pavilion and a keynote presentation by Leslie H. Wexner, founder of Limited Brands.
 

May 18, 2012

Sandwich mega-chain Subway said that it has set 2012 development goals of 1,200 North American locations and, toward that end, said a large contingent of company representatives will be in attendance at the International Council of Shopping Centers’ RECon event in Las Vegas, May 20-23.

Milford, Conn. -- Sandwich mega-chain Subway said Friday that it has set 2012 development goals of 1,200 North American locations and, toward that end, said a large contingent of company representatives will be in attendance at the International Council of Shopping Centers’ RECon event in Las Vegas, May 20-23.

May 16, 2012

This might not come as a huge surprise, but “irrational exuberance” is unlikely to be on prominent display.

This might not come as a huge surprise, but “irrational exuberance” is unlikely to be on prominent display. What have, in the past, been lavish spending habits of RECon attendees have been diminished in recent years, and I think the 2012 event will be no exception.

May 16, 2012

As part of Chain Store Age’s lead-up coverage to RECon 2012, to be held May 20-23 in Las Vegas, we talked with DLC’s Daniel Taub about what his expectations are for the big real estate show. Visit DLC’s booth at RECon, Upper South Hall, S2235.

As part of Chain Store Age’s lead-up coverage to RECon 2012, to be held May 20-23 in Las Vegas, we talked with DLC’s Daniel Taub about what his expectations are for the big real estate show. Visit DLC’s booth at RECon, Upper South Hall, S2235.

May 16, 2012

As part of Chain Store Age’s lead-up coverage to RECon 2012, to be held May 20-23 in Las Vegas, we talked with Jones Lang LaSalle’s Lew Kornberg about what his expectations are for the big real estate show. Visit JLL’s booth at RECon, Central Hall, C1001.

As part of Chain Store Age’s lead-up coverage to RECon 2012, to be held May 20-23 in Las Vegas, we talked with Jones Lang LaSalle’s Lew Kornberg about what his expectations are for the big real estate show. Visit JLL’s booth at RECon, Central Hall, C1001.

What are your expectations for RECon 2012 in terms of activity, attitude, priorities?

May 15, 2012

As part of Chain Store Age’s lead-up coverage to RECon 2012, to be held May 20-23 in Las Vegas, we talked with customer analytics firm Buxton’s Charles Wetzel about what his expectations are for the big real estate show.

As part of Chain Store Age’s lead-up coverage to RECon 2012, to be held May 20-23 in Las Vegas, we talked with customer analytics firm Buxton’s Charles Wetzel about what his expectations are for the big real estate show. Visit Buxton’s booth 701 in the North Hall Marketplace area of RECon.