REAL ESTATE

  • Shaw’s plans six store closings

    West Bridgewater, Mass. -- Shaw’s plans to close six stores operating under its namesake banner by Aug. 3. The locations targeted for shuttering include four stores in the Massachusetts towns of Fall River, Fairhaven, Stoughton, and Taunton and two stores in the Rhode Island towns of Westerly and Woonsocket.

  • Saks to open Off 5th in Atlanta

    New York -- Saks Fifth Avenue Off 5th announced that it plans to open a new store in Atlanta, Georgia on July 18.

    The 28,000-sq.-ft. store will be located in the Outlet Shoppes at Atlanta at Woodstock.

    The store will be the third Saks Fifth Avenue Off 5th in metropolitan Atlanta, but will be the first store to be modeled after the company’s “luxury-in-a-loft” store design, which highlights the merchandise and facilitates easy shopping.

  • Total Wine & More to open 96th superstore

    Olympia, Wash. -- Total Wine & More will open its 96th wine and spirits superstore in Olympia, Wash., on July 18. With over 21,000 sq. ft., the store will offer more than 8,000 wines, 3,000 spirits and 2,500 beers.

    The store also houses iPad stations stocked with tasting notes and food pairings, flat screen televisions running programs about winemakers, distillers and brewers and a walk-in humidor. In addition, a classroom provides space for tastings, classes and community meetings.

     

  • Retro fashion retailer Bettie Page opens in Nashville

    Las Vegas -- Apparel retailer Bettie Page, which specializes in contemporary designs inspired by the 1940's and 50's, has made its Nashville debut. It is the company’s 15th location to date.

    "Our newest Bettie Page boutique is situated in the heart of Nashville," said Jan Glaser, co-CEO, Tatyana Designs, parent company of Bettie Page.

    One unique feature of the Nashville store is that the company has leased the entire 14,000-sq.-ft. building.

  • Belle Foods to close 13 stores

    New York -- Belle Foods plans to close 13 stores by Aug. 3, including six in Alabama, according to a report by the Birmingham Business Journal. The shutters are part of a reorganization following the chain’s Chapter 11 bankruptcy filing.

    Of the 13 store closures, 12 are Food Worlds and one is a Piggly Wiggly.

     

  • Target to open 20 more Canadian stores

    Mississauga, Ont. -- Target plans to open the doors to an additional 20 stores in Canada between July 16 and July 30. The stores will be located in in British Columbia, Alberta, Saskatchewan and Ontario
     
    The openings mark Target’s first openings in Saskatchewan and follow the unveiling of 48 stores across Canada earlier this year. The new 20 locations officially push Target past the halfway mark for store openings this year. The retailer plans to open 124 stores across Canada throughout 2013.

     

  • Australia’s Seafolly to make U.S. retail debut

    New York -- Australian swimwear brand Seafolly will open its first U.S. freestanding store in October, Women’s Wear Daily reported.

    The company will open a 1,800-sq.-ft. location in Fashion Island mall, in Newport Beach, Calif. Seafolly has been selling its goods at select stores in the United States for about five years. It also does an exclusive line for Nordstrom, the report said.

     

  • Natural Grocers opens Omaha store

    Denver -- Natural Grocers has opened its third Nebraska store in central Omaha, Neb. It is the second Omaha store and the 89th store in the organic grocery chain.

    The family-run chain, which went public in 2012, has locations across Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska, Arizona and Oregon.

     

  • Sold: Danada Square East in Chicago MSA

    Oakbrook Terrace, Ill. -- Mid-America Real Estate Corp. has brokered the sale of Danada Square East, a 202,036-sq.-ft. grocery anchored shopping center in the Chicago suburb of Wheaton, Ill. Dominick’s anchors the center.

    Newport Capital Fund I purchased the property for $31,625,000 from CBRE Global Investors.

     

  • Z Capital Partners acquires Famous Brands

    Broomfield, Colo. -- The largest shareholder of Famous Brands, Z Capital Partners, a private equity firm, has acquired the remaining minority ownership stake in the company from The Carlyle Group.

    Famous Brands is the parent company of TCBY Yogurt and Mrs. Fields Cookies.

     

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