REAL ESTATE

David Yurman opens in Westfield Topanga

BY Staff Writer

New York — David Yurman, a fine jewelry and timepiece designer, has opened a store at Westfield Topanga in Canoga Park, Calif.

Conceptualized by architectural firm of Gabellini Sheppard Associates, the flowing 1,403-sq.-ft. store features classically modern architecture. Every element of the interior reflects the brand’s luxurious yet relaxed aesthetic.

The boutique will carry David Yurman’s classic collections, including gold and sterling silver designs for women, men, and children; timepieces; special one-of-a-kind designs; limited-edition fine jewelry; and engagement rings and wedding bands.

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REAL ESTATE

Kmart to close two Philadelphia stores

BY Marianne Wilson

New York — Kmart will shutter two locations in the Philadelphia area this spring, Philadelphia Business Journal said. The locations, at The Gallery and at 900 Orthodox St., will close in late April.

“Store closures are part of a series of actions we’re taking to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model. These actions will better enable us to focus our investments on serving our customers and members through integrated retail — at the store, online and in the home,” said Kmart spokesman Howard Riefs in an email to the Philadelphia Business Journal.

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Dunkin’ Donuts plans 13 stores in Oklahoma City

BY Dan Berthiaume

Canton. Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with existing franchise group, OKD Holdings, to develop 13 new restaurants throughout Oklahoma City. The first of the planned restaurants will open in 2015.

Together, this team led by second generation Dunkin’ Donuts franchisee Misha Goli and his partners will manage and oversee the company’s daily operations for each restaurant. Goli currently owns four restaurants throughout Oklahoma City.

Dunkin’ Donuts’ new look includes four distinct restaurant design options for franchisees, each featuring variations in layout, color schemes, graphics, textures, furniture and/or lighting, and allows franchisees to select individual elements from any of the four options, creating a restaurant design that reflects their personal tastes and preferences, and best serves their specific restaurant size and location. Dunkin’ Donuts also offers flexible concepts for any real estate format including free-standing restaurants, end caps, in-line sites, gas and convenience, travel plazas and universities, as well as other retail environments.

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