REAL ESTATE

Payless ShoeSource opens first store in United Arab Emirates

BY CSA STAFF

Topeka, Kan. Payless ShoeSource and its franchisee partner, M.H. Alshaya Co., have announced the grand opening of the first Payless ShoeSource store in the United Arab Emirates (UAE), with a store located in Bawadi Mall, Al Ain.

“We are excited to continue our Payless store expansion in the Middle East with this first store in the UAE and our fourth in the region. The franchise model is working well for us, and we are very pleased to have such a tremendous franchisee in Alshaya,” said Matt Rubel, chairman, CEO and president, Collective Brands, Inc., which owns Payless ShoeSource.

Through the franchise arrangement, Payless provides Alshaya with retail operations and merchandising expertise. Alshaya provides retail location strategy, construction, logistics and store staffing.

Payless plans to expand to other Middle Eastern countries, including Oman, Bahrain, Qatar, Egypt, Jordan and Lebanon. Under the multi-year franchise agreement, Payless and Alshaya said they believe the Middle East could, in the long term, support up to 200 stores.

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REAL ESTATE

Fresh & Easy set to open four stores in July

BY CSA STAFF

El Segundo, Calif. Fresh & Easy Neighborhood Market Wednesday announced plans to open four stores in July, which will be the chain’s first stores to open in California’s Pasadena, Oxnard and Santa Barbara counties.

Fresh & Easy, the U.S. division of Tesco, currently operates 120 stores in California, Arizona and Nevada.

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REAL ESTATE

Lewis Retail names leasing representative

BY CSA STAFF

Upland, Calif. Lewis Retail Centers announced that Meghan Kruger has joined its staff as retail leasing representative.

Kruger will be responsible for leasing shop and multi-tenant pad space in existing and future Lewis-developed shopping centers as well as identifying and cultivating new tenant prospects.    

Lewis Retail Centers is currently developing more than 20 new shopping centers totaling over 6 million sq. ft.

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