REAL ESTATE

Haberdash to launch new retail format

BY Marianne Wilson

Chicago — Men’s lifestyle retailer Haberdash will unveil a new retail "Convergence" concept at its store at the Roosevelt Collection in Chicago’s South Loop.

The "Convergence" model integrates the company’s daily e-commerce operations into the store location; photo studio, pick, pack and ship and client services.

"Through the launch of the new model, our clients will now be able to fully interact in a new way and experience omnichannel retailing first hand," said Kimberly Stablein, brand marketing manager for Haberdash, adding that "the new experience will showcase a fully interactive photo studio that is visible to the public along with the pick, pack and ship operation to show the usually behind-the-scenes process."

Haberdash will provide ample information from styling tips, to product detail from their talented Client Service Advisors through in-store and online channels.

In addition, customers at the Haberdash South Loop Chicago store will be able to pick up a cappuccino, experience a premium shave or facial, or get a haircut.

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REAL ESTATE

West Elm to open in Pittsburgh

BY Marianne Wilson

Brooklyn, N.Y. — Home furnishings retailer West Elm will open a store in Pittsburgh, on Sept. 4.

Located in Bakery Square, the new store will feature a curated selection of products made in Pennsylvania, part of West Elm’s Local initiative. The initiative, launched this year, taps into local entrepreneurship by empowering the teams in West Elm stores to find area makers and designers, building and nurturing a creative network that celebrates craftspeople and differentiates the brand with regional assortments.

“We have an exciting opportunity to shine a spotlight on makers and artists in the communities where our stores are located," said West Elm president Jim Brett. “We’re opening ten stores in the United States this year and each one of them will have a local assortment that’s specific to their region.”

The West Elm Bakery Square store is designed to reflect the environment, culture and heritage of the area. The lofted ceiling is made out of reclaimed whitewashed pine. The back cash wrap has a collage of factory window frames with the glass removed. The result is a geometric play of mixed materials consisting of unfinished wood, painted wood, and metal. The front wrap is an installation of varied wooden materials pieced together with a finish resulting in a range of grays.

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REAL ESTATE

Pine Tree acquires Poplar-Prairie Stone Crossing

BY Katherine Boccaccio

Chicago — Pine Tree Commercial Realty has acquired Poplar-Prairie Stone Crossing, a class-A power shopping center located in the Northwest Chicago suburb of Hoffman Estates, Illinois. The recent acquisition is Pine Tree’s 70th and brings the company’s current portfolio to 3.4 million sq. ft. in 19 separate properties.

The 312,000-sq.-ft. shopping center is shadow-anchored by Target and features TJ Maxx, Michaels, Ross Dress for Less, PetSmart, Lane Bryant, and Sports Authority.

Pine Tree has also sold Onalaska Marketplace in Onalaska, Wisconsin. Brokered by Mid-America Real Estate Corporation, the 25,962-sq.-ft. community shopping center, fully leased since its development by Pine Tree in 2002, was purchased by a private investor. Onalaska Marketplace is shadow-anchored by Wal-Mart Supercenter, Home Depot, Toys “R” Us, and features Dollar Tree, Great Clips, and Cold Stone Creamery.

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