REAL ESTATE

CityCenter announces tenant commitments

BY CSA STAFF

Las Vegas The multi-use development slated to open later this year on the Las Vegas Strip, CityCenter, has announced a lineup of tenant commitments for its 500,000-sq.-ft. retail and dining district called Crystals.

Scheduled for a Dec. 3 opening, Crystals will showcase large-format luxury retailers Prada, Christian Dior, Bulgari, Carolina Herrera, Hermes, Roberto Cavalli, Cartier, Van Cleef & Arpels and Versace. These brands will join previously announced retailers Louis Vuitton, Tiffany & Co. and Ermenegildo Zegna. 

Unique-to-the-market retailers opening their first locations in Las Vegas include Tom Ford, Assouline, Kiton, Miu Miu, Paul Smith and Porsche Design, along with the previously announced de Grisogono, H. Stern, Marni and Tourbillion.

Restaurants opening their first Las Vegas locations at Crystals include Eva Longoria Parker’s Beso and Mastro’s Ocean Club Seafood House — all joined by a new pub concept by Todd English and two previously announced new concepts by Wolfgang Puck.

Crystals also announced that Bally, Emilio Pucci, Ilori and Mikimoto will open, along with a new gallery by Dale Chihuly.

Leasing is handled by The Taubman Co.

In addition to Crystals, CityCenter will feature ARIA Resort & Casino, three non-gaming luxury hotels, a residential component and a Fine Art Collection.

CityCenter is a joint venture between MGM Mirage and Infinity World Development Corp., a subsidiary of Dubai World.

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Ahold expands DemandTec use at U.S. stores

BY CSA STAFF

SAN CARLOS, Calif. Ahold U.S. is expanding its use of DemandTec solutions.

DemandTec announced that it has implemented additional solutions across Ahold’s U.S. stores (The Stop & Shop Supermarket Company LLC, Giant of Maryland LLC and Giant Food Stores LLC) to help business users at the retailer better understand their customers and execute merchandising and marketing strategies that attract and best serve those customers.

“Ahold USA is dedicated to engaging our customers by anticipating and fulfilling their needs. DemandTec’s nextGEN solutions help us improve our knowledge of shoppers and enable us to make better marketing and merchandising decisions,” said Dave McGlinchey, SVP merchandising support at Stop & Shop/Giant of Landover. “In expanding our partnership with DemandTec we expect to further enhance our ability to take action based on our customers’ wants and needs.”

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Staples declares back-to-school season start

BY CSA STAFF

FRAMINGHAM, Mass. Staples has declared July 15 the official start of the 2009 back-to-school shopping season.

Staples claims its more than 20 years of experience in the back-to-school supply industry has enabled it to analyze trends and shopping patterns to determine the first day of the season. This year, the company predicts back-to-school shopping will start a week later than in 2008 primarily because students are starting classes later due to the Labor Day holiday and the large number of weather-related closings the previous school year.

“Staples has the back-to-school products students most want to help them start the school year off right,” said Jevin Eagle, EVP merchandising and marketing of Staples, Inc. “Next week’s ‘First Bell’ marks the start of the back-to-school shopping season and our commitment to helping parents save on the most important items on their student’s shopping list, making shopping easy and affordable.”

To get ready for back-to-school season, Staples is promoting such items as backpacks, notebooks and pencils.

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