Chicago — Potbelly Sandwich Shop, the iconic neighborhood sandwich shop, has signed a multi-unit franchise agreement to open shops in Macy’s department stores, adding to the fast-casual brand’s significant multi-unit franchise growth in 2019. “This franchise agreement marks a major milestone in our multi-unit franchise growth,” says Peter Ortiz, vice president of franchise development at Potbelly. “A development deal with one of the nation’s premier retailers is a testament to our focus and prioritization of our franchising initiative. We’re thrilled for what’s in store for the future with Macy’s.” The …
retailers
Canton, Mass. — Destination XL Group, Inc., the world’s leading omni-channel specialty retailer of big-and-tall clothing and shoes, has just converted and rebranded its Casual Male XL store at Keystone Place in Erie, Pa., into a DXL Men’s Big + Tall store. This new conversion from Casual Male XL to DXL Big + Tall offers customers a brand new shopping experience that includes a more spacious environment, elevated visual merchandising, easy-to-shop departments, superior service, expanded brands and styles and more. Destination XL Group, Inc. is the largest retailer of men’s …
Gilbert, Ariz. — Evergreen Devco has commenced construction for The Post at Cooley Station, a grocery-anchored shopping center located at the southeast corner of Recker and Williams Field roads in Gilbert, Ariz. Situated on 23 acres, the retail center will feature 23,000 square feet of multi-tenant shop space in three buildings. Anchored by Fry’s Marketplace, the project will also include AutoZone, Taco Bell and Burger King. Currently, the center is 65% preleased, with one junior-anchor pad available. Butler Design Group, Optimus Civil Design Group, Kraemer Engineers and Laskin & Associates …
Minneapolis — Saint-Gobain’s SageGlass, manufacturer of the world’s smartest dynamic glass, has completed an energy study done in partnership with SCHEELS, a sporting goods and entertainment chain with 27 stores in 12 states. The study compared electricity usage at two SCHEELS locations and found that the store featuring SageGlass, in addition to enhanced building automation HVAC controls, better insulation and LED lighting, benefitted from a 73% decrease in electricity consumption. This reduction resulted in $487,193 in energy cost savings in the store’s first year of operation. In 2017, approximately 24,500 …
Roseville, Minn. — Fifty years after it first opened, Rosedale Center plans to significantly expand the center by redeveloping a part of the property to create new housing, a hotel, a grocery store and other new retail space. JLL, Rosedale’s management team, will soon submit formal plans to the City of Roseville, Minn., to begin the process of review and permits for the proposed expansion. The company hopes to begin initial construction work next year on what will be a phased project. “Rosedale Center is a very successful shopping and …
Columbus, Ohio — Green Growth Brands Inc. (GGB) has opened its 150th Seventh Sense® Botanical Therapy CBD mall-based shop. The first Seventh Sense® shop opened in early February. The 150 shops — mostly kiosks and shop-in-shops — operate across 35 states and are expected to reach up to 200 locations by the start of the holiday shopping season. Seventh Sense® shops retail high-quality botanical therapy CBD-infused personal care and beauty products at affordable prices. The product offering includes over 100 SKUs across bath, body, face, therapeutic and sleep categories. For …
Los Angeles — Forever 21, Inc., and its U.S. subsidiaries have filed for voluntary Chapter 11 bankruptcy. The company’s Canadian subsidiary also has filed for bankruptcy protection. Forever 21 plans to facilitate a global restructuring that will allow it to focus on a profitable core part of its operations. As part of its restructuring strategy, the company plans to exit most of its international locations in Asia and Europe, but will continue operations in Mexico and Latin America. “This was an important and necessary step to secure the future of …
Cape Coral, Fla. — Creighton Construction & Development has broken ground on the future site of Lucky’s Market, a natural foods grocer that offers affordable options for everyday foods and specialty choices, that is coming to Cape Coral, Fla. The first Lucky’s Market to open in Lee County will be located at 2615 Santa Barbara Blvd. in Cape Coral. Positioned at the southeast corner of Veterans Parkway and Santa Barbara Boulevard, the new anchor tenant will be 30,200 square feet. Lucky’s is a national natural grocer founded in 2003 that …
Dallas — Centennial, a fully integrated real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations, has broken ground on a transformative redevelopment of Hawthorn Mall, a super-regional shopping center in Vernon Hills, Ill. Since it opened in 1973, Hawthorn Mall has operated as an enclosed structure without the outdoor shopping and entertainment elements incorporated into today’s more modern and vibrant lifestyle centers. Through a significant redevelopment of the center’s former Sears and Carson’s sites, the development of additional outparcels, and updates to the existing …
San Francisco — Gap Inc. has appointed Mary Beth Laughton as president and chief executive officer of Athleta. Laughton will begin her new role in late October and will serve on Gap Inc.’s senior leadership team reporting to president and chief executive officer Art Peck. She joins Gap from Sephora. “Mary Beth brings a strong background in digital operations, a keen understanding of customers and an ability to deliver innovative experiences,” says Peck. “She is the right leader for Athleta, with a proven track record in driving consistent results in …