Schimenti breaks ground on center to house all Bed Bath & Beyond brands
Ridgefield, Conn. — Schimenti Construction Company breaks ground on a $15 million retail shopping development in the Deptford Town Center shopping center in Deptford, N.J. The one-story 100,000-sq-ft. building will be the first to include every Bed Bath & Beyond brand under one roof: Bed Bath & Beyond, Christmas Tree Shops, buybuy Baby and Harmon Face Values.
“We are pleased to be selected by Bed Bath & Beyond on this exciting retail space,” said Schimenti senior project manager Gregg Chappell. “Over the last ten years, Schimenti has successfully completed more than 40 projects for Bed Bath & Beyond, including their corporate headquarters and several flagship or other high profile projects. We look forward to adding this project to our list of successful collaborations.”
Construction began in June and is slated for completion in December 2013. The project architect is Michael Crislip of Herschman Architects, Cleveland.
Gap adds Paraguay, Hungary to global growth plans
San Francisco — Gap Inc. announced Monday that it will introduce the Gap brand to Paraguay and Hungary through new agreements with existing franchise partners: Neutral for Paraguay and Gottex Brands for Hungary. The first Gap store will open later this year in Paraguay, joining Neutral’s 2012 Gap launch in Uruguay. And, in Hungary, Gottex Brands will open two Gap stores in Budapest. A specific timeline wasn’t released.
Additionally, Gap announced plans to open the first stand-alone Banana Republic stores in Mexico later this year. It will open via an existing agreement with retail partner Distribuidora Liverpool, S.A. DE C.V., and will expand the Banana Republic brand beyond its current store-in-store positioning at Liverpool Department stores in the country.
By the end of 2013, Gap Inc. said it expects to have a presence in eight Latin American countries, including Chile, Panama, Colombia, Mexico, Uruguay, Paraguay, Peru and Brazil with expectations to add a brand presence in Costa Rica in the near future.
Nickelodeon opens in-store shop at Toys ‘R’ Us in Times Square
New York — Nickelodeon has opened a ‘Nick Shop’ on the first level of the Toys "R" Us flagship in New York City’s Times Square.
The 1,000-sq.-ft. in-store is designed as an immersive Nickelodeon retail experience, with vibrant orange walls and columns covered with decor stencils of characters from Nickelodeon’s hit animated series. Several interactive, touch-screen LED screens placed throughout. The large digital displays create a unified canvas that showcases humorous and entertaining Nickelodeon content. When guests walk near the space, they can interact with and explore the content using their hands to swipe and tap the screens.
"We are overjoyed to officially launch our ‘Nick Shop’ at Toys "R" Us Times Square, offering exclusive products featuring some of our most iconic brands," said Pam Kaufman, chief marketing officer, Nickelodeon Group. "Times Square is one of the world’s most-visited attractions and now consumers from all around the world can take home a piece of the number-one entertainment brand for kids, in the number-one city in the world."
The shop is stocked with exclusive New York-branded products such as kids and adult apparel, accessories, plush toys, drinkware, home goods and more, featuring such Nickelodeon characters as Dora the Explorer, SpongeBob SquarePants and Teenage Mutant Ninja Turtles.