March 27, 2015

Belk Inc. credited strong holiday sales for helping to boost net income in the fourth quarter of fiscal 2014 8% to $104.4 million from $96.3 million the same period a year earlier.

March 26, 2015

Online teen fave Nasty Gal is opening its second brick-and-mortar location on March 27, on Third Street Promenade in Santa Monica, California.

March 26, 2015

The Mall of San Juan, the first upscale shopping center in Puerto Rico, officially opened its doors on March 26.

March 25, 2015

American Eagle Outfitters is expanding its global retail presence with a series of licensed stores throughout Chile and Peru, building on existing growth markets throughout the region, including Colombia, Panama and the Caribbean, as well as company owned stores in Mexico.

March 25, 2015

Five Below Inc. on Wednesday reported better-than-expected fiscal fourth-quarter net income of $33.3 million. It also confirmed plans to open 70 stores in 2015, up from 62 in 2014.

March 25, 2015

JLL announced the expansion of its platform in Alabama with the addition of Shannon Tyndall and Allen Garstecki. Tyndall and Garstecki join JLL as VPs, and bring more than 20 years of combined experience to the firm.

March 25, 2015

JLL announced the firm has been retained to manage One Hundred Oaks located in Nashville, Tennessee, on behalf of LaSalle Investment Management.

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 25, 2015

“You can’t get your nails done online, you can’t get dry cleaning done online and you can’t eat the Internet.” These are the dominant themes from retail clients (property owners) over the last few years. Today’s shopping center acquirers are looking for “necessity centers” with a stable rent roll. These centers consist of restaurants, nail salons and other destination retail that is not competing with e-commerce.

March 25, 2015

Thor Equities has signed a contract to acquire a prime retail and office property at 102 Avenue des Champs-Elysees in Paris.

March 24, 2015

Hennes & Mauritz (H&M) on Tuesday posted a 36% jump in its first quarter profit, easily beating forecasts, and confirmed earlier reports that it plans to open 400 stores in its current fiscal year, with most of the locations in China and the United States.

March 24, 2015

Ikea will open its largest U.S. store on a 22-acre site in Burbank, California.

March 24, 2015

The end of a retail icon is always big news in commercial real estate, and it’s particularly relevant when the brand in question is closing more than 4,000 stores around the country.

March 23, 2015

While California’s verdant Central Valley is the fastest growing area in the state, the entire population of the 22,500-square-mile region is a comparatively modest 6.5 million people — Los Angeles County alone boasts over 50% more residents. However, this single region, which is responsible for producing 25% of all of the food consumed in the United States, is expected to absorb many of the 10 million people the state is projected to grow by over the next few decades. It is also home to one of the most ambitious and distinctive new developments in modern American history: Quay Valley.

March 23, 2015

Fresh & Easy plans to close 55 stores, which would leave the chain with about 110 locations, the Orange Country Register reported.

March 23, 2015

McAlister's Deli is targeting Phoenix for franchise growth.

March 23, 2015

Pizza retailer Papa Murphy's Holdings Inc. plans to strengthen and grow its presence in the Southeast.

March 23, 2015

High-end home appliances and outfitting retailer Pirch will open its first store in the Northeast, at Garden State Plaza in Paramus, New Jersey, on March 28.

March 23, 2015

The Melting Pot Restaurants Inc. has opened its first restaurant outside of North America in Jakarta, Indonesia. The latest opening comes on the heels of the company announcing its plans for continued international expansion.

March 20, 2015

Ripco Real Estate has leased the former Fortunoff Building at 150 Route 17 northbound in Paramus, New Jersey, to Bob’s Discount Furniture.

March 20, 2015

Starbucks Corp. remains highly bullish on expansion.  In remarks at the company’s annual shareholders meeting, the coffee giant revealed that over the next five years it plans to open 3,500 locations in its Americas region and 8,000 new stores in foreign markets.

March 19, 2015

Toys "R" Us is not going to renew the lease of its Manhattan flagship, according to various reports.

March 19, 2015

Sears Holding Corp. expects to form a real estate investment trust (REIT) within a few months and sees nothing wrong with paying vendors early.

March 19, 2015

Simon is bringing back “Lookbook Live,” a joint fashion program in collaboration with Glamour and GQ magazines.