REAL ESTATE

Corner Bakery Café expands in Pittsburgh

BY Dan Berthiaume

Dallas — Corner Bakery Café is expanding in Pennsylvania with the addition of eight stores throughout northern Pittsburgh. A group of franchisees with extensive real estate and retail experience is opening the new stores.

Corner Bakery Café is also targeting southern Pittsburgh for franchise growth. The retailer has more than 190 company-owned and franchise stores currently open, and franchise agreements representing commitments for 398 units.

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REAL ESTATE

H&M’s upscale brand poised for U.S. expansion

BY Marianne Wilson

New York — Fast-fashion giant H&M is expanding its upscale store brand, Cos, in the United States.

Cos, known for its minimalist-styled fashions, will open its first store in Boston, on Newbury Street later this year. The new space, the brand’s third location in the United States, will offer womenswear and menswear collections with 2,960 sq. ft. of sales area, spread across two floors.

Cos opened its first U.S. locations in 2014, in downtown Manhattan and Los Angeles. The retailer has announced additional U.S. store openings, with a location on Fifth Avenue, in Manhattan, and one in Costa Mesa, California, due by year-end.

Also in the works: A store in Houston, Texas, in the River Oaks District.

The retailer has previously announced its expansion into Canada, with stores set to open in both Montreal and Toronto later this year.

The new store in Boston will remain aligned to the Cos' value of creating a relaxing and enjoyable shopping environment with the use of natural materials and stylish minimal finishes.

Cos has130 stores in 26 countries in Europe, Asia, the US, Australia and the Middle East and currently retails online to 19 markets.

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REAL ESTATE

First Look: Bealls’ new store concept, Bunulu

BY Marianne Wilson
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New York — Department store retailer Bealls Inc. has taken the wraps off its new specialty concept targeted at outdoor and youth-minded shoppers.

Called Bunulu, the new format made its debut at Coconut Point Mall in Estero, Florida. Two additional locations — at St. Johns Town Center, Jacksonville, Florida, and The Garden Mall, Palm Beach, Florida — are set to open by the end of this year.

Designed and developed by architecture and design firm Little, the 4,000-sq.-ft. space has a casual, relaxed feel and a coastal-inspired look. Water and beach images abound throughout the space, which features deep aqua resin concrete flooring, driftwood beams and walls clad in whitewashed and multi-colored wood planks that are worn and weathered. Custom surfboards enhance the mood.

The coastal experience is carried over into the fitting rooms. Each one sports oversized imagery from familiar locations around the coast of Florida.

"Bunulu is for that outdoor, youth-minded person,” Lorna Nagler, president of Bealls Department Stores, told the Tampa Bay Times. “We sell apparel and footwear but also accessories like Costa sunglasses, Garmins, GoPros and Yeti coolers.”

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