Content about New York metropolitan area

West Milford, N.J. -- Inserra Supermarkets has been granted final site plan approval for the renovation and expansion of West Milford Shopping Center, which includes a 65,925-sq.-ft. ShopRite.

The 100,000+-sq.-ft. retail center’s tenant roster includes Wells Fargo Bank, Rite Aid, Frank’s Pizza and Just a Buck, and adjoins a free-standing McDonald’s restaurant.

Cincinnati -- Macy's Inc. will start selling some of its private brand merchandise directly to shoppers in China through a deal with an online retailer there.

The chain said it will the goods through a Macy’s section on Omei.com, a newly established China-based online retailer of in-season luxury and fashion brands operated by VIPStore Co., a Chinese e-commerce firm and parent company of Omei.com

New York City -- The nation’s discount chains reported solid results for January, with Target Corp., TJX Cos., and Costco Wholesale Corp. all reporting gains above expectations. Overall, discounters reported stronger results than department stores, which appeared to take a greater hit due to the unseasonably warm weather and heavy promotions.

As the first month of the year, January accounts for only 20% November-January sales, and 7% of annual sales, according to RetailMetrics.

New York City -- Prudential Douglas Elliman's Retail Group said it has arranged the first New York flagship for Perrin Paris at the Carlyle Hotel on Madison Avenue between 76th- and 77th Streets.

The House of Perrin is renowned for its elegant and timeless leather gloves, handbags and accessories, often composed of such unique and exotic skins as crocodile, python and more. Neighboring boutiques in the Carlyle Hotel include Vera Wang, Stubb & Wootton and Yves Delorme Linens.
 

New York City -- Macy’s announced it plans to spend about $400 million over the next four years to remodel and update its legendary store at Herald Square in Manhattan.

As part of the project, the store’s space will be expanded by 100,000-sq.-ft., giving it a total of 1.2 million sq. ft. of selling space. The additional space will result from opening up space currently used for stock and offices and extending the mezzanine level in the Broadway Building.

New York City -- Winick Realty Group said Tuesday that fast-food operator Roll N Go has leased its third location at 386 Canal Street, on the corner of West Broadway.

The 300-sq.-ft. space features 20 ft. of frontage on Canal St. and will be used for both take-out and counter seating.
 

The Falls, one of Florida’s largest open-air, retail and entertainment destinations featuring Bloomingdale's and Macy's, along with more than 95 stores and restaurants, is rolling out a new retail roster that will include several new stores and dining venues.

The retail surge at The Falls, opening in different phases as of fall 2011, will coincide with numerous exterior upgrades including new entrances and signage, along with interior enhancements featuring a contemporary and chic color palette and new soft seating areas.

New York City -- Winick Realty Group LLC said that luxury luggage retailer Mitsosa Group has leased its second Manhattan location at 40 East 55th Street, between Fifth and Sixth Avenues.

The 1,150-sq.-ft. store is expected to open in late summer or early fall, and will feature 35 feet of frontage on 55th Street.

According to Winick, the retailer is looking at other tourist-driven areas throughout Manhattan with plans to open three stores within the next 18 months.

Cincinnati -- Macy’s first-quarter earnings soared and easily beat Wall Street predictions on rising sales, tight expense controls and its efforts to tailor merchandise by region. The department store operator is doubling its quarterly dividend and raising its full-year earnings and sales outlook.

Macy’s posted net income of $131 million for the quarter that ended on April 30, nearly six times higher than the $23 million it reported a year earlier.

It’s hard to keep up with Manhattan’s fast-changing retail scene. But no one does it better than Faith Hope Consolo, chairman, retail leasing and sales division, Prudential Douglas Elliman Real Estate. Here are new and upcoming stores that Consolo, often referred to as the “Queen of Retail,” expects to be “fashionably” fabulous this year (with all comments by the Queen of Retail herself):

Cincinnati -- Macy’s reported Tuesday that net income jumped 50% in the fourth quarter ended Jan. 29, and projected its full-year profit would meet Wall Street expectations.

After a strong holiday season, the retailer earned $667 million in the fourth quarter, compared with $445 million in the year-ago period.

Revenue rose 5% to $8.27 billion, just missing analysts’ average forecast for $8.28 billion. Same-store sales increased 4.3%.

New York City -- Macy’s said Tuesday that it plans to expand its website offerings and would add about 725 new positions over the next two years to implement the e-commerce expansion plan.