REAL ESTATE

Two Conway stores to open in Chicago area

BY CSA STAFF

X team International announced that Naperville, Ill.-based partner Bobowski & Associates has brokered two new Conway discount-clothing store deals in the Chicago area along with master broker Gregg Lurie of Creative Realty Group.

The first Conway store is a 20,052-sq.-ft. space previously occupied by Office Depot in the Cermak Produce, Famsa and Kerasotes Theatre-anchored Hawthorne Works Shopping Center in Cicero, Ill.

The second Conway store, previously occupied by Steve & Barry’s, opened in the North Riverside Park Mall in North Riverside, Ill.

 

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Best Buy opens first European store

BY CSA STAFF

Izmir, Turkey Best Buy has opened its first Best Buy-branded store in Europe. The retailer entered the Turkish market by opening a location in the Aegean port city of Izmir last weekend, according to Turkey’s Daily News & Economic Review.

The store aims to serve the market with its customer- and employee-focused approach in a 4,200-square-meter store. The company, which has operations in Canada, China, Mexico and Europe, plans to differentiate itself by explaining technology in a clear, easy way to its customers.

“In order to offer our customers new technologies in an easy and clear way, we have founded interactive-experience zones at our store,” said Best Buy Turkey chairman Rusen Kopmaz during a press conference. “Our employees will give our customers the shopping experience we have committed to at our interactive-experience zones.”

Prices will be the same as other locations, the report said. The firm made Izmir its first choice as a result of a long feasibility study and is also considering investing in Ankara, Turkey.

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Limited Brands eyes international growth

BY CSA STAFF

Columbus, Ohio Limited Brands is gearing up for international growth in 2010, according to Business First of Columbus.

Within the next three years, the company expects to double its international business through an approach that includes improving performance at its Canadian La Senza lingerie chain, growing its other chains in Canada and securing additional partners for overseas operations.

For more on Limited’s expansion plans, click here.

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