REAL ESTATE

Hunter Boot to make U.S. retail debut

BY CSA STAFF

New York City Scottish company Hunter Boot, makers of iconic Wellington boots and accessories, will open its first U.S. store in March, at the new Limelight Marketplace retail center in Manhattan, opening in March.

The 270-sq.-ft. Hunter Boot shop will highlight the brand’s signature rubber “wellys” and colorful sock collection for men, women and children. Additional styles will be features with select accessories.

Located in a 163-year old venue whose former tenants ranged from a church to an infamous nightclub, Limelight Marketplace is described as a three-story “festival of shops,” with elaborate facades and varied designs that envoke the feeling of a stroll down a marvelous European street.

It is providing a unique “turn-key” solution for start-ups and established brands looking for a presence in the New York City retail market.

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REAL ESTATE

Report: Asda to accelerate small-format store openings

BY CSA STAFF

Leeds, England ASDA is planning to open 100 smaller-format stores over the next few years, according to the Financial Times. The United Kingdom’s second-biggest grocer also plans to launch 150 nonfood stores.

ASDA, which is a subsidiary of Wal-Mart, is expected to stress smaller-format stores, online shopping and leveraging the buying power of its parent company.

Click here to read the full story.

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Kohl’s to expand in Albuquerque

BY CSA STAFF

Albuquerque, N.M. Kohl’s has signed a long-term lease to take the former Mervyn’s space at Coronado Center in Albuquerque, N.M., and will be open by October.

A lease for 118,272 sq. ft. was finalized last weekend and demolition work started this week.

Kohl’s also operates one store in Santa Fe and one in Las Cruces, N.M. It took 30 former Mervyn’s California store sites in 2009 and converted them to its own units in a burst of expansion.

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