REAL ESTATE

Dollar Tree and Payless ink deals at Marshfield Plaza

BY CSA STAFF

Chicago Marshfield Plaza, Chicago’s new 454,000-sq.-ft., Target-anchored urban power center, has leased space to two new retailers, according to Oakbrook Terrace, Ill.-based Mid-America Asset Management, the center’s leasing representative.

Dollar Tree leased 10,406 sq. ft. and is slated to open November 2009, and Payless ShoeSource will open a 3,250-sq.-ft. store in September 2009.

The center, which is owned by Primestor Development, is expected to be fully open and operational by July 2009, although many tenants have been open for several months, including Target, which opened in October 2008.

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Borders Group names SVP marketing

BY CSA STAFF

ANN ARBOR, Mich. Borders Group has appointed Arthur Keeney SVP marketing, effective June 29. He will report to Borders Group EVP merchandising and marketing Anne Kubek.

Keeney will provide strategic direction for Borders’ sales-driving initiatives and lead the team responsible for development and execution of effective marketing and promotional programs across all channels, including e-mail, Internet, direct marketing, CRM, advertising, in-store marketing, publicity, entertainment alliances and social media.

 

Prior to joining Borders, Keeney, served for eight years as VP and general manager at Harold Friedman, a Pennsylvania-based grocery retailer where he was responsible for marketing, merchandising, store operations and the execution of a successful competitive strategy.

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Barnes & Noble opens flagship on Manhattan’s Upper East Side

BY CSA STAFF

NEW YORK Barnes & Noble announce that it is opening a new flagship bookstore on the Upper East Side of Manhattan, New York, at 150 East 86th Street and Lexington Avenue on June 19.

The 55,000-sq.-ft. store spanning will feature an advanced cash wrap cueing system, a custom neighborhood mural in the store’s lobby with a video wall and video streams of live information and entertainment displayed on video walls throughout the store, and stroller parking in the B&N Jr. section for families on the go.

 

“The new Upper East Side Barnes & Noble has combined the best elements of our bookstores and provided them to customers in a dynamic and engaging way,” said store manager Amy Fitzgerald. “The new space will quickly grow into the premier community center and events space for families and book lovers on the Upper East Side.”

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