REAL ESTATE

Footlocker opens at Hancock Center

BY Staff Writer

Austin, Texas — Jacksonville, Fla.-based Regency Centers said that Footlocker has opened at Hancock Center, located in Austin, Texas. The retailer opened a 2,946-sq.-ft. store, and will be joined by Family Chiropractic, which is slated to open an 1,100-sq.-ft. center in November.

The 410,437-sq.-ft. neighborhood center is anchored by a 90,217-sq.-ft. H-E-B alongside national retailers such as Petco, Quiznos and 24 Hour Fitness.

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REAL ESTATE

Books-A-Million to open 41 locations

BY Marianne Wilson

Birmingham, Ala. — Books-A-Million (BAM), which has been taking over the leases of former Borders locations, will transform 41 of the sites into BAM stores in early November. Most the locations, which are across the nation, represent new markets for the bookseller.

“Our expansion into these markets represents a substantial opportunity for our company,” said president and COO Terrance G. Finley. “We have been working diligently in the last several months to find ways to keep a number of former Borders store locations in operation under the BAM! brand, and these store openings are the culmination of that work.

In addition to opening the 41 outlets, the company is closing 21 locations. Expenses related to the new store openings and store closings will be reflected primarily in third quarter results.

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Starbucks celebrates 500th store opening in Mainland China

BY Staff Writer

New York City — Starbucks Coffee Co. celebrated the opening of its 500th location in China. The store is located at the international departure hall of the Beijing Capital International Airport Terminal 3.

“The opening of our 500th store in China is a significant milestone in our ambitious growth plans to serve our customers through 1,500 stores by 2015,” said Belinda Wong, president, Starbucks China.

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