REAL ESTATE

Dick’s Sporting Goods to open in Panama City, Fla.

BY Dan Berthiaume

Pittsburgh – Dick’s Sporting Goods opens a new store in Panama City Beach, Fla., on March 7. The store will be located at Pier Park North and will be the retailer’s 25th store in the state of Florida and its 559th nationwide.

"We’re excited to be joining Panama City Beach with the opening of our newest location," said Lauren Hobart, senior VP & chief marketing officer, Dick’s Sporting Goods. "We look forward to offering the finest quality products and a team of associates that is dedicated to exceptional customer service."

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REAL ESTATE

Ross Dress for Less expanding in Florida, with four new stores

BY Dan Berthiaume

Dublin, Calif. — Ross Dress for Less will open four new locations in Florida on March 8, adding to its existing store base of more than 130 locations in the Sunshine State. New locations include the Coral Ridge Mall in Fort Lauderdale, Seabridge Square in St. Augustine, Lake Mary Centre in Lake Mary, and Southchase Village in Orlando.

Together, Ross Dress for Less and DD’s Discounts currently operate approximately 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

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H&M to Denver’s Orchard Town Center

BY Michael Fickes

Denver — H&M has signed a lease for 20,000 sq. ft. at The Orchard Town Center, a 914,000-sq.-ft. open air regional retail center in Westminster, Colo., according to Vestar, the property’s owner. H&M plans to open the new store in the fall.

The addition of H&M comes less than two months after Vestar acquired the property for $123.5 million in an all cash transaction. Vestar plans to redevelop the project, rebranding the center with new amenities while brining in new retailers.

The firm also plans to enhance the shopping experience through marketing programs and community events.

Macy’s, J.C. Penney, SuperTarget, AMC Theatres, REI and Lifetime Fitness anchor the center. Other nationally recognized tenants include Forever 21, Chico’s, Victoria’s Secret, Eddie Bauer, Old Navy, Ulta Beauty and Ross Dress for Less.

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