REAL ESTATE

Shoppers can create custom candy bars at Sweet! Hollywood

BY Marianne Wilson

Los Angeles — Candy emporium Sweet! Hollywood has opened its flagship location at the Hollywood & Highland Center, in Hollywood, Calif.

The store is designed as a one-of-a-kind retail entertainment experience by envisioning the proverbial kid in a candy store and bringing that vision to life.

After ascending the unique musical staircase to the grand entrance, guests can create custom candy bars in the Chocolate Lab, witness live candy art shows, and sample exotic sweets from across the globe. Featuring more than 200 types of gummy candies, 140 flavors of chewing gum and 250 types of lollipops, the candy boutiques never cease to surprise.

"Visitors and fellow Angelenos alike are racing the 700 ft. of track in the world’s fastest gumball machine, powered by a Ferrari, experiencing exotic-flavored confections, and selecting from more than 300 types of chocolate bars inside our store," said Gary Shafner, owner, Sweet! Hollywood. “Sweet! is about much more than candy — it represents art, passion and a desire to entertain as the driving forces behind our sugar-filled playground."

Outside the store, elaborate window displays designed by Academy Award winning Moonbot Studios document Willy Wonka’s epic travels. Inside the candy wonderland guests take part in sugar art shows led by expert custom candy sculptors.

Showcasing 12 exclusive candy boutiques, private event space, and exclusive partnerships with Hollywood’s biggest movie premieres, Sweet! Hollywood said it plans to expand internationally in the coming years.

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REAL ESTATE

Fashion Outlets of Chicago to open Aug. 1

BY Marianne Wilson

Chicago — Fashion Outlets of Chicago, a 530,000-sq.-ft. retail destination located just minutes from O’Hare International Airport and 15 miles from downtown Chicago, will open its doors for the first time on Aug. 1.

The first fully-enclosed outlet mall built in Chicago in more than two decades, Fashion Outlets of Chicago is nearly 95% leased and will be home to 130 stores, including anchors Bloomingdale’s The Outlet Store, Neiman Marcus Last Call, Saks Fifth Avenue Off 5th and Forever 21, as well as outlet locations from high-fashion brands such as Gucci, Tory Burch, and Barneys New York.

A number of brands are also opening their first outlet store in Chicago, including Longchamp, Vince Camuto, Ports 1961 and L’Occitane.

Among the center’s innovations is The Arts Initiative, founded and curated by Arthur and Miami-based gallery Primary Projects, which will feature highly interactive visual arts integrated into the architectural framework of the property. Popular contemporary artists, such as Daniel Arsham, Jen Stark and Bhakti Baxter, created art that ascends the sides of escalators, throughout vestibules and entryways and suspended from ceilings.

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FINANCE

Cache announces new credit facility

BY Staff Writer

New York — Women’s specialty retailer Cache announced it has secured a new, five-year, $25 million credit facility through Wells Fargo Capital Finance, part of Wells Fargo & Company.

Cache CEO and chairman Jay Margolis stated: “We are pleased to partner with Wells Fargo Capital Finance to secure a credit facility. This facility enhances our financial flexibility to pursue our key initiatives that are expected to drive improvement in our operating performance and place us on a path to deliver sustained long term growth.”

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