REAL ESTATE

CSA columnist analyzes Kohl’s smaller-format store plans

BY Staff Writer

New York — Columnist Jeff Green isn’t really surprised that another retailer has joined the ranks of those chains that are downsizing or rolling out smaller format. But he finds the fact that Kohl’s has joined the crowd a little bit different and more interesting.

Check out Retail Rap by Jeff Green by clicking here.

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REAL ESTATE

PriceSmart to open third location in Columbia

BY Marianne Wilson

San Diego — PriceSmart announced that it has purchased land on which it will build a PriceSmart Warehouse Club in North Cali, Colombia. It would be the company’s third store in Colombia.

PriceSmart recently began construction of a location in South Cali, that is expected to open in October 2012. It anticipates the North Cali PriceSmart Club will open in the spring of 2013.

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REAL ESTATE

Bon-Ton to open Herberger’s in Pocatello, Idaho

BY Staff Writer

York, Pa. — The Bon-Ton Stores has signed a lease with General Growth Properties to open a Herberger’s in Pine Ridge Mall, Pocatello, Idaho.

Remodeling is expected to begin in April 2012 and be completed by the end of October 2012.

The Pine Ridge location will be the first store in Idaho for the company.

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