REAL ESTATE

Walmart drops plan to build store near Civil War site

BY CSA STAFF

Orange, Va. –– Wal-Mart Stores has abandoned its plans to build a Walmart Superstore near a Civil War battlefield in Virginia. The retailer’s lawyers made the announcement Wednesday in a northern Virginia court, where a judge has been hearing a case to block the plan.

Wal-Mart won local approval to build the store near the Wilderness Battlefield. But preservationists, historians and some residents went to court to overturn that 2009 decision. Opponents say the store would infringe on the site of a key May 1864 battle where historians say the Civil War began to turn in favor of the North.

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FINANCE

China fines Wal-Mart, Carrefour for overpricing

BY CSA STAFF

Beijing — China said Wednesday it is fining Wal-Mart and Carrefour stores up to $75,900 for overpricing, expressing concerns about price inflation ahead of the impending Lunar New Year holiday.

A statement posted Wednesday on the National Development and Reform Commission website listed about a dozen stores across the country that engaged in overpricing, noting high charges on items ranging from underwear to dumpling powder.

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REAL ESTATE

Englewood Construction announces new retail projects

BY CSA STAFF

Chicago — Lemont, Ill.-based Englewood Construction said Wednesday it has embarked on five new projects — four in the Midwest and one in Washington, D.C.

In the Chicago area, Englewood has been tapped for three new retail projects, including the interior build-out for a new Trader Joe’s coming to the city’s Lincoln Park neighborhood. Trader Joe’s will occupy 14,801 sq. ft. of first-floor retail space, topped by a two-story parking deck. The new store is slated to open in April.

Englewood Construction also has begun work on a 6,920-sq.-ft. Advance Auto Parts located in Glen Ellyn, Ill. When it opens in February, the Glen Ellyn store will be the brand’s eleventh Chicagoland location.

Destination Maternity has tapped Englewood Construction for two new stores, under two different brand names. The first store is a 3,760-sq.-ft. Destination Maternity at Orland Park Place Mall that will carry the firm’s brands Destination Maternity, Pea in a Pod and Motherhood Maternity. The inline space store will also include a “kiddie corral,” juice bar and relaxation section.

The second store will be located outside of St. Louis in Fairview Heights, Ill., and will have the name Motherhood Maternity, selling that line of brand clothing only. The 2,000-sq.-ft. space is in the Lincoln Place Shopping Center, about 15 miles east of downtown St. Louis.

Englewood Construction has also started the interior build-out for a 20,000-sq.-ft. American Girl boutique store, located at the Tyson’s Corner mall in McLean, Va. This will be the first store in the Washington, D.C., area for the boutique doll retailer. The project includes retrofitting a wing of the mall, built in the late 1960s, to accommodate American Girl. The boutique store will include special features such as a doll salon, full-service bistro and separate snack counter. The American Girl store is on track for completion by June.

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