A report issued by C.B. Richard Ellis said that global shopping center development has reached unprecedented levels of construction and new openings, fueled by growing middle classes and retailer expansion.
Downtown Philadelphia will be the site for Walgreens' next Well Experience flagship store, according to an online report published Friday by CBS/Philly.
DLC Management Corp., which owns Stone Mountain Square in Stone Mountain, Ga., said Friday that Big Lots has opened a 26,355-sq.-ft. store at the shopping center.
Carrefour SA said it will sell its Greek supermarket business to its local partner and exit the country, the Wall Street Journal reported.
Green Mountain Energy announced that Lord & Taylor is purchasing 100% wind energy for seven of its stores in New Jersey.
Burger King Corp. has launched a mobile payments pilot program in partnership with Firethorn Mobile, a subsidiary of Qualcomm Inc.
Ascena Retail Group said that it has completed its acquisition of Charming Shoppes.
Staples and Starbucks Coffee Co. have joined a voluntary national initiative to reduce energy consumption.
Esprit Holdings said that its chairman has unexpectedly resigned, just one day after the sudden departure of CEO Ronald van der Vis.
Chattanooga, Tenn.-based CBL & Associates Properties said that Dick’s Sporting Goods will open a new store at Southpark Mall in Richmond, Va.