REAL ESTATE

Ikea to make state debut in Kansas City area

BY Katherine Boccaccio

Merriam, Kansas — Shopping center owner and developer DDR Corp., based in Beachwood, Ohio, said Tuesday it will sell 22 acres of land to Ikea Property for the construction of Ikea’s first store in Kansas, located in the Kansas City bedroom community of Merriam, Kan.

Ikea confirmed Tuesday that the City Council of Merriam has unanimously approved plans for this project, following last month’s approval from the city’s Planning Commission.

Construction of the new 349,000-sq.-ft. Ikea is set to begin the summer of 2013, with a targeted opening in the fall of 2014 at the DDR-owned Merriam Town Center. Other tenants in the shopping center include Home Depot, Dick’s Sporting Goods, Cinemark, Marshalls, PetSmart, Old Navy, Party City and Five Below.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
SUPPLY CHAIN

Ascena Retail Group announces DC expansion

BY Katherine Boccaccio

Suffern, N.Y. — Ascena Retail Group, which operates the Maurices and dressbarn banners, said Tuesday it will launch a 760,000-sq.-ft. distribution center expansion in central Ohio.

Upon completion, the new facility will distribute apparel and accessories for its lineup of brands, which also includes Justice & Brothers, Lane Bryant and Catherines.

“Not only is central Ohio considered a hub for distribution, but the centrality of this location will allow us to deliver 70% of our 3,800 stores within two days,” said David Jaffe, president and CEO.

Construction is being managed by Gray Construction Co. and will be completed in early 2014.

keyboard_arrow_downCOMMENTS

Leave a Reply

P.Rogers says:
Mar-19-2013 05:08 am

Congratulations to the
Congratulations to the company for this another success! We look forward to this expansion. - Scott Sohr

P.Rogers says:
Mar-19-2013 05:08 am

Congratulations to the company for this another success! We look forward to this expansion. - Scott Sohr

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Aldata and EYC merge to become Symphony EYC

BY Staff Writer

Palo Alto, Calif. — Retail and distribution optimization company Aldata said Tuesday it has merged with customer engagement specialist EYC.

Both companies are part of the Symphony Technology Group, and the merger will create a new company, Symphony EYC.

The merger is intended to combine EYC’s customer engagement analytics with Aldata’s retail and distribution optimization execution capabilities, linking customer insights and engagement strategies into retail assortment, merchandising and supply chain execution.

Roy Simrell, president and CEO of Aldata, will lead Symphony EYC.

EYC’s current CEO Tom Buehlmann will remain within the group and become an advisory board member of Symphony EYC. Buehlmann will also move to parent company Symphony Technology Group in another executive role.

keyboard_arrow_downCOMMENTS

Leave a Reply

P.Rogers says:
Mar-19-2013 05:31 am

Since, both companies live
Since, both companies live and share the same vision, the merge will surely be beneficial efforts for them. - Michael Courouleau

P.Rogers says:
Mar-19-2013 05:31 am

Since, both companies live and share the same vision, the merge will surely be beneficial efforts for them. - Michael Courouleau

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...