April 30, 2015
Fashion from Far Afield

The upcoming arrival of Dublin’s fast-fashion retailer Primark to U.S. shores is just one example of retailers expanding from less expected locations (i.e., not Paris, Milan or London). Shoe brand FEIT has just opened its first boutique outside Australia in New York City’s Nolita — perhaps even more unusual in that Australian retailers tend to debut in Los Angeles because of its proximity.

April 17, 2015

BFC Partners has broken ground on Empire Outlets, a 340,000-sq.-ft. retail complex that will create more than 1,800 jobs and bring $285 million in private investment to the New York City borough of Staten Island.

April 16, 2015

Walgreens Boots Alliance is ahead of schedule in its synergy efforts since Walgreens and Boots officially merged in December 2014.

April 15, 2015

New concepts are the lifeblood of retailing. Here are six new stores — three homegrown formats and three imports — that are currently in the works:

March 25, 2015

Staten Island Mall announced that the 1.2-million-sq.-ft. property will undergo a much anticipated multi-million dollar redevelopment that will add interior and exterior upgrades, new fashion retailers, restaurants, a Fairway Market and public piazza for guests to gather and enjoy events year-round, including a farmers market, holiday festivities, fashion shows and community fundraisers.

March 13, 2015

Citi Trends Inc. on Friday announced a change in leadership as its reported fourth quarter results that topped forecasts.

March 6, 2015

We are in the midst of a retail boom in Brooklyn and it is only going to get bigger. Over the past two years, retail has grown significantly in Brooklyn, the fourth largest “city” in the U.S., with the number of corridors (streets with a notable retail presence and average rents of at least $35 per square foot) nearly doubling since 2013. According to CPEX’s 2015 Brooklyn Retail Report, the number of active retail corridors grew from 67 in 2013 to 121 in 2015, an increase of over 80%.

March 6, 2015

The store is back, baby! That was the message I heard again and again at the National Retail Federation’s 2015 Annual Convention in New York City. It was sounded by retailers, consultants and tech suppliers alike as they rushed to explain the relevance of offline retail in an omnichannel world.

February 26, 2015

Kohl's Corp. reported better-than-expected profit for its fourth-quarter profit, helped by strong holiday sales.

February 19, 2015

A&G Realty Partners, a leading commercial real estate, advisory and investment group, has been retained by C. Wonder to manage the sale of the three retail store leases and several office locations in New York City and Long Island, following the company’s recent Chapter 11 bankruptcy filing.

February 9, 2015

Forever 21 opened a 36,000-sq.-ft. store on Manhattan’s Fifth Avenue, joining such other fast-fashion retailers already in the neighborhood as Uniqlo, H&M and TopShop.

January 9, 2015

Tom Rettaliata and Brian Schuster of Ripco Real Estate represented Darden Concepts and Ignite Restaurants in the lease of the site located between Queens Center Mall and the Long Island Expressway (I-495) in Elmhurst, Queens, New York.

January 8, 2015

In response to changes in “where the customer is headed,” Macy’s chief announced on Thursday a sweeping reorganization plan that will close 14 under-performing stores, lay off thousands of workers and, most far-reaching, ready the retailer to respond to an omnichannel shopping environment.

December 19, 2014

 Asics American has opened a 4,000 sq.-ft. store in the heart of New York City’s Times Square. 

December 18, 2014

No big surprise that Americans are more connected than ever before, but the newest trend is toward “smart homes” as well. 

December 12, 2014

New York City’s first outlet center is expected to transform the Staten Islandwaterfront when it opens in 2016 adjacent to the 630-ft.-high New York observation wheel on the New York Harbor.

December 4, 2014

On the heels of its eight straight quarterly loss, Aeropostale said it would close about 75 stores in the current quarter, and could close 50 to 75 more namesake locations in 2015, and 126 P.S. from Aeropostale stores by the end of January.

December 3, 2014

Academy Service Group, a nationwide provider of facility maintenance services, has acquired Absolute Maintenance, a Northern New Jersey-based facilities maintenance fleet.

November 25, 2014

The fast-growing accessories retailer Charming Charlie is entering the New York City market in spring 2015. 

November 25, 2014

Corner Bakery Cafe is in a growth mode. The company, which was acquired in 2011 by Roark Capital Group, an Atlanta-based private equity firm, is entering new markets and opening locations across the country, from New York City to Las Vegas. It will end the year with 185 cafes (114 company-owned and 71 franchised). The company plans to more than double its U.S. footprint by 2017 through a combination of franchised and company-owned cafes.

November 25, 2014

It’s been another big year in terms of new store openings in New York City. Here are my top 10 faves:

November 25, 2014

The country as a whole has weathered some difficult economic times in the past several years, with the Northeast among the hardest-hit regions. The Northeast retail real estate market felt the impact of both fewer shoppers as consumers moved to areas of the country with better job opportunities, and reductions in the size and frequency of shopping trips.

However, just as the economic prospects of the country have started improving of late, so too have the economic prospects of the Northeast started improving, with the regional real estate market benefiting.

November 20, 2014

Citizen Watch Company of America opened its first-ever global flagship, in Times Square, New York City. 

November 20, 2014

Colliers International released the highlights of its latest global retail report – examining 125 retail real estate markets in 50 countries – and found that luxury retail continues to show strong growth in the top global markets and prime cities in Asia.