URBN Makes Management Changes

Philadelphia — Urban Outfitters, Inc., a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters, Nuuly and Menus & Venues, has made key management

Liberty University to Redevelop Portion of Mall Near Campus

Lynchburg, Va. — The first week of January, River Ridge outlined the next phase of its redevelopment, beginning with the demolition of the former Macy’s building on the West End of the property scheduled for first quarter 2021. The revitalized West

Crate and Barrel Selects Glympse to Enhance Curbside Pickup Experience 

Northbrook, Ill. — Crate and Barrel is enhancing its curbside pickup with Glympse, a day-of-service mobile communications platform that facilitates and delivers proactive engagement between customers and store associates. The service is one of many enhancements in the retailer’s drive

Simon Property Group Completes Acquisition of Taubman Centers, Inc.

Indianapolis — Simon Property Group, Inc. has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) for approximately $3.4 billion. Under the terms of the transaction, Simon, through its operating partnership, Simon Property

Planet Fitness Unveils New Prototypes Now Open for the New Year

St. Louis — Planet Fitness has partnered with Poettker Construction on three health fitness clubs located throughout the greater St. Louis area in 2020. Poettker served as the construction manager for the Festus, Washington and Ballwin, Mo., locations, which opened

Former Pet Valu Stores in 7 States to Reopen as Pet Supplies Plus

Livonia, Mich. — Closing its record-breaking growth year on a positive note, Pet Supplies Plus will acquire an estimated 40 previously operated Pet Valu locations throughout Indiana, Kentucky, Maryland, New Jersey, Ohio, Pennsylvania and Virginia with some locations to reopen

The Home Depot Completes Acquisition of HD Supply

Atlanta — The Home Depot® has completed the acquisition of HD Supply Holdings, Inc., for approximately $8 billion. HD Supply is a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The

Arena STEM Opens First U.S. Store

Paramus, N.J. — Arena STEM, a new retail “edu-tainment” concept, opened its first U.S. location at Westfield Garden State Plaza on December 18, 2020. The flagship store is located on level two near Nordstrom. Arena STEM is a new and

Court Approves Guitar Center’s Exit from Chapter 11 Bankruptcy

Westlake Village, Calif. — Just over 3 weeks after filing for Chapter 11 bankruptcy, Guitar Center appears ready to already emerge from the process. In its original filings, the Westlake Village, Calif.-based musical instrument and supplies retailer reported its business

Daily Paper, a Dutch Retail Brand, Debuts New York City Flagship

New York City — Newmark has signed a 6,000-square-foot lease for the New York City flagship for Amsterdam’s fashion and lifestyle brand, Daily Paper, at 18 Delancey St. This transaction marks Daily Paper’s inaugural stateside flagship on New York’s Lower

Bed Bath & Beyond Enters Agreement to Sell Cost Plus World Market

Union, N.J. — Bed Bath & Beyond Inc. has entered into a definitive agreement to sell its remaining non-core banner Cost Plus World Market to Kingswood Capital Management, a Los Angeles-based private equity firm. Additionally, the company approved a new

Food Lion Completes $212.5 Million Remodel of 112 Mid-Atlantic Stores

Salisbury, N.C. — Food Lion has completed the $212.5 million remodel of 112 grocery stores in Virginia, West Virginia, Delaware, Pennsylvania and Maryland. The Salisbury, N.C.-based grocer hired 2,300 employees at the stores. According to a study conducted by Towson

DICK’S Sporting Goods Names Planned Leadership Succession

Pittsburgh — DICK’S Sporting Goods, Inc., the largest U.S.-based, omnichannel sporting goods retailer, has named Edward W. Stack, chairman and chief executive officer, to assume the role of executive chairman and continue as chief merchant on February 1, 2021. He

Francesca’s Files for Bankruptcy, to Close 97 More Stores

Houston — Francesca’s, the Houston-based apparel and accessories chain for women, has filed for Chapter 11 bankruptcy and will close an additional 97 stores across the country, according to documents filed in the U.S. Bankruptcy Court for the District of

Dollar General Opens 17,000th Store

Goodlettsville, Tenn. — Dollar General has opened its 17,000th store in Fountain, Colo. Dollar General opened its first store in Colorado in 2006 and currently employs more than 500 individuals in the state through approximately 60 store locations. DG was

Tapestry, Inc. Names Former Abercrombie COO as its New CEO

New York City — Tapestry, Inc., a leading New York-based house of modern luxury accessories and lifestyle brands (Coach, Kate Spade, Stuart Weitzman), has appointed Joanne Crevoiserat as chief executive officer. She had served as the company’s interim CEO since

Sephora to Open 850 Locations Within Kohl’s Stores by 2023

Menomonee Falls, Wis., and San Francisco — Sephora will debut at least 850 “Sephora at Kohl’s” locations within Kohl’s stores by 2023, the San Francisco-based cosmetic company announced. The locations will span 2,500 square feet and will typically be situated