April 30, 2015

Whether local or global, growth has been robust for 2014’s top third-party managersThe 26th annual survey of Fastest-Growing Managers surveys new domestic and international third-party management and leasing contracts obtained during the 2014 calendar year and ranks the top performers.

April 30, 2015

Major shopping center openings in 2014 beg the question, “Are we back on track?”Last year may be the first 365-day period since the Great Recession that there is enough new shopping center space to crow about.Chain Store Age’s annual development survey — spanning 26 years — reported pretty spotty new-build efforts from 2009 to 2013, but in 2014 some significant projects opened.

April 30, 2015

This year’s Chain Store Age “10 Under 40” youthful overachievers — selected by nationwide search and nominations by colleagues — are intense, collaborative team-builders. Each talks about seeing, understanding and responding to the big picture — the whole forest. No one shies away from problems. They seek out big, creative challenges and work tirelessly until solutions emerge.This year’s group supports the broader industry, too. They are International Council of Shopping Center members, nationally and localy.

April 23, 2015

Footwear big-box retailer DSW will open stores in Michigan, California, and Washington State this month.

April 22, 2015

L.L. Bean and The Capital Grille have executed leases at the 610,000-sq.-ft, mixed-use Legacy Village town center.

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:

April 13, 2015

In its latest move to capitalize on the value of its real estate and raise more cash, Sears Holdings Corp. has formed a joint venture with Simon Property Group whereby Simon will take ownership of 10 Sears stores in Simon malls and lease them back to Sears, who will continue operating Sears stores in the venture.

April 10, 2015

Saks Fifth Avenue Off 5th will open its first store in Los Angeles County, in the Beverly Connection shopping center in Beverly Hills California.

April 7, 2015

Nordstrom Inc. plans to open two new Nordstrom Rack stores in Pittsburgh and Novi, Michigan.

April 6, 2015

Legendary Manhattan off-price retailer Century 21 will open its first store outside its Northeast home base, at Sawgrass Mills, Sunrise, Florida.

March 13, 2015

DSW Shoe Warehouse will open a new store at Pembroke Mall in Virginia Beach, Virginia.

March 13, 2015

Fashion-forward retailer H&M will open a new store at Golden Triangle Mall, in Denton, Texas.

March 11, 2015

Simon Property Group has put out feelers to acquire The Macerich Company, confirmed by a letter from Simon chairman and CEO David Simon to Arthur Coppola, chairman and CEO of Macerich.

March 11, 2015

Simon Property Group has put out feelers to acquire The Macerich Company, confirmed by a letter from Simon chairman and CEO David Simon to Arthur Coppola, chairman and CEO of Macerich.

March 9, 2015

Simon is further elevating its signature Houston Galleria by investing in a $30 million renovation of the luxury wing in addition to adding a new Saks Fifth Avenue flagship, 110,000 sq. ft. of new retail space, and a 14,000-sq.-ft. freestanding retail building.

March 9, 2015

Nordstrom will open a full-line store in the new regional shopping center being developed by General Growth Properties in Norwalk, Connecticut.

March 4, 2015

Colorado Mills will add IT’SUGAR this March and Buckle during this fall to its current mix of more than 200 stores.

February 25, 2015

Canadian retail giant Hudson’s Bay Co. (HBC) has entered into two blockbuster deals, forming joint ventures with Simon Property Group and Canada’s RioCan Real Estate Investment Trust to target real estate growth opportunities in the United States and Canada. Both ventures are structured to facilitate an IPO at a later date.

February 20, 2015

Nordstrom Inc.’s fourth-quarter net income fell a lower-than-expected 4.9% to $255 million, down from $268 million a year earlier, even as its same-store sales topped expectations.

February 11, 2015

Simon announced that its Bay Area outlet shopping center, Livermore Premium Outlets, will be rebranded and named San Francisco Premium Outlets in conjunction with a major expansion.

February 10, 2015

Simon announced today that Livermore Premium Outlets, the Bay Area's premier outlet shopping center, will be rebranded and named San Francisco Premium Outlets in conjunction with its major expansion.

February 6, 2015

The Galleria at Fort Lauderdale, a premier regional mall in Broward County, Florida, has added France-based YellowKorner, a limited edition photo gallery, to its mix of more than 100 specialty retailers.

January 27, 2015

Shorenstein Properties LLC and Saks Fifth Avenue Off 5th announced that Saks Fifth Avenue Off 5th has signed a lease for 40,321 sq. ft. in the retail portion of Minneapolis City Center, continuing the fashion retailer’s 25-year presence in downtown Minneapolis.

January 21, 2015

Nordstrom announced three new upcoming locations for Nordstrom Rack.