Tag Archives: shopping

50-year-old Atlanta mall to convert mostly to offices

Developers and city, county and state officials gathered on the 50th anniversary of Atlanta’s Northlake Mall to celebrate a different future that will see Macy’s remain as a retail anchor and Emory Healthcare lease 240,000 square feet as a corporate …

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Best Buy to acquire tech firm Current Health

Best Buy will acquire UK tech firm Current Health, as the retailer moves further into the health care category. Current Health, which works with telehealth and remote patient monitoring, will join a roster of health care acquisitions for the retailer, …

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Zales parent Signet to buy 22-store Diamonds Direct USA for $490M

The owner of Kay Jewelers and Zales agreed to buy Diamonds Direct USA Inc. from Blackstone Inc. and other shareholders for $490 million, betting on a robust return of the U.S. bridal business as pandemic restrictions subside. BNN Bloomberg

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New owner to redevelop Cleveland-area shopping center

Executives with DealPoint Merrill say the company will invest $10 million to redevelop The Shops at Pearl & 130th in the Cleveland suburb of Parma Heights, Ohio. The strip center is the current home of Old Time Pottery and a …

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Kids Foot Locker exec outlines next steps

Kids Foot Locker is in growth mode with the goal of becoming the largest children’s footwear retailer. The banner plans to grow its store base with new off-mall locations, innovating new in-store experiences and seeking partnerships with brands in other …

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American Dream navigates opening new wing amid COVID

The luxury wing of New Jersey’s American Dream shopping center recently opened and is the final phase for the property that executives hope will be a tourist destination. The pandemic forced the facility to close its doors for seven months, …

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Target to open 100 more in-store Disney shops this year

Target plans to open roughly triple the number of Disney shops within its stores, helping to drive foot traffic as the holiday season approaches. CNBC

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How the pandemic sent retail centers down a new path

The pandemic brought increased consumer demand for convenient shopping options that have mall operators refashioning spaces to feature options including co-working spaces, residences, pharmacies and grocery stores. Some changes were in the works before last year, while others were still …

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Fidelis developing mixed-use center in Houston

Phase 1 of The Market at Willis Shopping Center in Houston is expected to be completed in 2022 and includes an H-E-B grocery store and 200,000 square feet of space for stores, restaurants and service providers. Owner Fidelis is also …

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Allbirds, Warby Parker see the potential in stores

Direct-to-consumer eyewear brand Warby Parker and footwear maker Allbirds are both digital retailers on the verge of going public, and both companies are betting on brick-and-mortar stores to drive growth. CNBC

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