REAL ESTATE

Report: Whole Foods sees potential for 1,200 U.S. stores

BY Dan Berthiaume

New York — Whole Foods Market sees the potential to expand to 1,200 stores throughout the United States, which is nearly three times the number of locations it currently operates worldwide, the company’s co-chief executives co-CEOs John Mackey and Walter Robb said in an interview on CNBC on Tuesday.

Whole Foods is reportedly planning to open 1,200 new stores across the United States. In an interview on CNBC, Whole Foods co-CEOs John Mackey and Walter Robb said the company thinks 1,200 stores in the U.S., which is an increase from a previously stated goal of 1,000 new U.S. stores, is a realistic goal.

Currently, Whole Foods operates approximately 365 stores globally. The company has also stated it plans to expand to 1,000 stores located in the U.K., and Canada.

In addition, Whole Foods opened its first store in Brooklyn, N.Y. on Dec. 18. The 56,000-sq.-ft. store features a rooftop tap room and restaurant, a take-out venue from ramen chef Yuji Hariguchi, and a 20,000-sq.-ft. rooftop greenhouse built in partnership with Gotham Greens.

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REAL ESTATE

Victoria’s Secret, Hudson Group partner on store at JFK terminal; more expected in 2014

BY Dan Berthiaume

East Rutherford, N.J. — In partnership with travel retailer Hudson Group, leading lingerie and beauty retailer Victoria’s Secret has opened a new Beauty & Accessories store in John F. Kennedy International Airport’s Terminal 4. The new store will focus on a range of beauty products and accessories.

"We and our joint venture partner Concourse Ventures are delighted to be entrusted with delivering upscale brands like Victoria’s Secret to the travelers of JFK Terminal 4,” said Joe DiDomizio, president & CEO of Hudson Group. “Hudson has enjoyed a rewarding association with JFK IAT for over a decade, and we are glad to be playing a role in the current phase of development. The new program expands the total number of stores we operate in this terminal from 10 to 14."

In addition to this new store at JFK T4, Hudson operates Victoria’s Secret stores in JFK Terminal 1, LAX Tom Bradley International Terminal and Vancouver International Airport. Other locations are expected to follow in 2014.

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REAL ESTATE

Jared opens 200th store

BY Dan Berthiaume

Akron, Ohio — Jared The Galleria Of Jewelry officially opened its 200th location in Carle Place, N.Y., at the Carle Place Commons Center. The store includes a complementary refreshment area, a children’s play area and a full-service custom jewelry design and repair center, which will custom mount, clean and repair most jewelry.

"We are incredibly proud of the growth of the Jared brand, but even more gratified that our guests continue to value the selection and experience that can only be found at our stores," said Mark Light, president and chief executive officer, Sterling Jewelers Inc. "Our newest location reflects everything that makes Jared special, and we look forward to serving the Carle Place community and many more new areas as we continue to bring the Jared experience to customers nationwide."

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