REAL ESTATE

Designer Jean-Michel Cazabat opens first U.S. retail store

BY Staff Writer

New York City — Footwear designer Jean-Michel Cazabat said he will open his first U.S. store on Oct. 8 in New York City’s West Village.

The 1,800-sq.-ft. Jean-Michel Cazabat retail space is inspired by Cazabat’s own modern, eclectic Soho loft apartment. It incorporates the vibrant signature colors of Cazabat’s shoe line — Napoleon Blue on the entrance wall and a "rouge taureau" ottoman — both colors seen throughout Cazabat’s own home. The limestone fireplace and walnut washed cabinets that also serve as displays for the many fall styles, resemble a chest of drawers.

The New York store location will be the first freestanding retail store worldwide. A Jean-Michel Cazabat shop-in-shop opened in China’s Hangzhou Tower Shopping City in August.

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REAL ESTATE

DDR and Walmart team to open, expand four stores

BY Katherine Boccaccio

Beachwood, Ohio — DDR Corp. announced Friday plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico.

"These projects will deliver desired growth opportunities to the world’s most successful retailer and further strengthen DDR’s relationship with its largest tenant," said Paul Freddo, senior executive VP leasing & development for DDR.

At DDR’s The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use center in Miami, Walmart plans to build a 160,000-sq.-ft. store on a currently undeveloped five-acre parcel adjacent to the existing center which currently features Target, Marshalls, HomeGoods, PetSmart, Ross Dress For Less and The Sports Authority.

At Tarpon Square in Tarpon Springs, Fla., Walmart has purchased a former Kmart location and will open an 85,000-sq.-ft. store with a full line of grocery offerings.

Walmart also plans to expand its existing stores at Southland Crossings in Boardman, Ohio, and Plaza Palma Real in Humacao, Puerto Rico, to include a full line of grocery products.

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REAL ESTATE

CBL and MallMerlin to roll out mobile app

BY Staff Writer

Chattanooga, Tenn. — CBL & Associates Properties and MallMerlin, LLC, said Thursday they have launched a MallMerlin smartphone mobile application, available for download at the iTunes store for use exclusively at CBL malls across the nation.

The free Mall app will deliver special features and promotions, high-definition video and in-mall navigation to consumers as they shop the mall. Additionally, the app provides a search engine that helps shoppers find the brands and items they seek and rewards shoppers through special deals that are unlocked as they enter the mall. Retailers have ultimate flexibility to tailor their content in real-time and by geography.

“We are always looking to harness new technology to provide shoppers with a better way to shop, and provide retailers with a great point-of-sale communication tool,” said Jim Ward, senior director – brand development for CBL & Associates Properties. “MallMerlin delivers on both fronts providing customized and real-time information directly from the retailer to the consumer. It allows CBL Malls’ visitors to continue to shop as normal while taking advantage of the savings and helpful features in the app.”

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