REAL ESTATE

Casual Male opens Destination XL in Phoenix, on track to open 100 new stores

BY Staff Writer

Canton, Mass. — Casual Male Retail Group said Monday it has opened a new, 12,663-sq.-ft. Destination XL in Phoenix, which joins five locations in Georgia, Illinois, Texas, Nevada and Tennessee.

The company said it plans to open up to 13 DXL stores during the balance of 2011, another 20-30 stores during 2012 and approximately 100 stores over a four to five year period.

Casual Male also said it is preparing to launch a DXL website, with a multi-channel solution similar to the DXL store experience.

"DXL is an emerging and innovative retail solution that is attuned to our customers’ needs and we are excited to open our first store in Phoenix," said David Levin, president and CEO of CMRG. "We are confident that our success in our five existing locations will be replicated here in Phoenix."

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REAL ESTATE

Walmart breaks ground on new supercenter

BY Staff Writer

Chicago — Wal-Mart Stores said Monday it has launched site work for a new store in Chatham, Ill. The new superstore is expected to create 400 new jobs and open in spring 2012.

According to Wal-Mart, it is one of nine new locations now planned in the Chicagoland area and is part of the retailer’s previously announced "Chicago Community Investment Partnership," a five-year plan to open several dozen stores, create approximately 10,000 jobs and 2,000 unionized construction jobs, generate more than $500 million in sales and property taxes and develop charitable partnerships worth $20 million.

Construction of the Chatham Walmart is managed via a joint venture between Powers & Sons and UJAMAA Construction.

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REAL ESTATE

Bottom Dollar Food grocery chain expanding

BY Staff Writer

Salisbury, N.C. — Discount grocery chain Bottom Dollar Food announced Monday plans to enter the greater Pittsburgh and Youngstown, Ohio, markets.

The expansion includes 14 stores that will open in 2012 and slated to create more than 600 jobs.

The banner, which is owned by Delhaize America, has grown to 47 stores in North Carolina, Virginia, Maryland, New Jersey and Pennsylvania. In addition to its expansion in Pittsburgh and Youngstown, Ohio, Bottom Dollar Food also remains focused on expanding in the greater Philadelphia market, which currently encompasses 17 stores in the state of Pennsylvania and two stores in New Jersey.

"We look forward to serving the greater Pittsburgh and Youngstown, Ohio, communities by providing consumers with unbelievably low prices on groceries," said Bottom Dollar Food president Meg Ham.

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