REAL ESTATE

Nordstrom to build new store at The Americana at Brand

BY CSA STAFF

Glendale, Calif. — Nordstrom and Caruso Affiliated announced that they will relocate its existing Glendale Galleria store, in Glendale, Calif., and build a new store at Caruso Affiliated’s The Americana at Brand in downtown Glendale.

The new three-level, 135,000-sq.-ft. store is slated to open in fall 2013 and will be part of the expansion of The Americana at Brand. Nordstrom said it will continue serving customers at its current Glendale Galleria store, located next to The Americana at Brand, until the new store opens.

This represents the second project between Nordstrom and Caruso Affiliated, and builds on the success of Caruso Affiliated’s other development located at The Grove in Los Angeles, where Nordstrom has operated a store since 2002.

“While Glendale Galleria has been a good home over the years, we think moving into a brand new store at The Americana at Brand will help us do a better job of serving our customers,” said Erik Nordstrom, president of stores for Nordstrom.

As part of this relocation, Caruso Affiliated is purchasing the existing Nordstrom store at Glendale Galleria and said it will work toward strengthening the retail mix at the mall. Nordstrom will lease its new store at The Americana at Brand from Caruso Affiliated, which is working in cooperation with General Growth Properties and the City to revitalize, re-merchandise and reposition Glendale Galleria.

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REAL ESTATE

Stone Market makes U.S. retail debut

BY CSA STAFF

Hollywood, Calif. — International gem designer, manufacturer and retailer, Stone Market has opened its first U.S. location, at Hollywood & Highland Center, Hollywood, Calif.

The 319-sq.-ft. shop offers a collection of stylish jewelry, featuring gem and natural stones and silver accessories. Stone Market operates more than 100 retail outlets in Japan.

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News

Chico’s taps PTC for enterprise product lifecycle management

BY CSA STAFF

Needham, Mass. — PTC announced that Chico’s FAS has selected PTC Windchill FlexPLM product lifecycle management software to harmonize operations across category, brand, and departments.

By choosing Windchill FlexPLM across all of its brands, including Chico’s, White House|Black Market and Soma Intimates, the company is demonstrating a commitment to increase operational and inventory efficiency and reduce development time and production cost.

“When evaluating PLM vendors, we wanted software that was not only going to help us drive productivity and reduce costs, but we wanted a solution that was going to be easy to use,” said Krissy Blakeway, senior VP of Chico’s design and product development. “As the technology leader, PTC was the unanimous choice of our user community. We believe that as we move forward and standardize on Windchill FlexPLM, our ability to be first to market with the latest fashion will be enhanced.”

By implementing Windchill FlexPLM, Chico’s expects to realize reductions in materials costs, cycle times and product development costs.

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