News

May 15, 2017
Experts See A Brighter Future For Malls As Department Stores Exit

According to research from JLL Retail, many malls are finding few challenges replacing department stores as anchors. What’s more, the new tenants generally pay much higher rent. The shopping center owner noted that, historically, rents paid by department stores have been “extremely low,” usually less than $10 per square foot. In the case o... »

May 15, 2017
Outdoors Inc. Opens Downtown Pop-Up Store

Memphis, TN - Outdoors Inc. is trying something new for its sixth retail location, which opened its doors earlier this month at 100 Peabody Place Downtown. The retailer, founded in 1974 and which sells gear to outdoors enthusiasts, will only be there through the end of August. It’s a pop-up shop that combines owner Joe Royer’s passion for se... »

May 13, 2017
Cadillac Fairview EVP Believes Mall Will Survive Retail Disruption Thanks to Focus on Services

On the latest episode of The Disruptors, co-hosts Amber Kanwar and Bruce Croxon sat down with Salvatore Iacono, executive VP of operations at Cadillac Fairview, which owns the Toronto Eaton Centre, to discuss how malls can embrace change brought on by technology in the retail space. During the interview, Iacono provided background about Cadillac... »

May 12, 2017
JCPenney Debuts Appliance Showroom at Stroud Mall

Stroudsburg, PA - JCPenney inside the Stroud Mall just got a little bigger, selection wise. The new appliance showroom is stocked and ready to go. "I see there's a lot of LG products and Samsung and I am a big fan of Samsung so it's pretty good," said Fred Paulin.... »

May 12, 2017
Plano’s Willow Bend Mall is Getting an Office Building

Plano, TX - Plano's Willow Bend mall is going into the office building business. The 16-year-old regional retail center on the Dallas North Tollway is adding a seven-story, 200,000-square-foot office building as part of a $125 million makeover. "This is a terrific addition to Willow Bend, which is the region's most exciting shopping, restaura... »

May 12, 2017
Tesla Powers up at Connecticut Post Mall, Opens 14 Charging Stations

Milford, CT - Electric car maker Tesla has increased it presence in New Haven County, adding 14 high-speed charging stations at the Connecticut Post Mall. The electric vehicle charging stations have been operational for about a week, and Tesla officials on Friday joined some of the city’s political leaders and mall management in a ribbon-cutt... »

May 12, 2017
Outlet Malls Experiment with Food and Full-Price Stores to Maintain Growth

Carl Lee recently traveled 100 miles to buy a pair of shoes at the Camarillo Premium Outlets center northwest of Los Angeles. “I got some Jordans,” Lee said. “I saved $60. You can’t beat that, right?” The recession changed the way Americans shop. While it was mostly all bad for brick-and-mortar retail, it wasn't so bad for outlet ma... »

May 11, 2017
Gwyneth Paltrow’s goop to Host South Coast Plaza Pop-up

Costa Mesa, CA - Gwyneth Paltrow’s lifestyle brand goop will have a pop-up shop starting Friday, May 12 in Nordstrom at South Coast Plaza. The pop-up, or temporary store, will feature clothing, accessories, beauty, fitness, self-care and home goods. Items include goop’s own line and items picked from goop’s digital shop. “Our pop-ups ... »

May 9, 2017
Shoppers Flock to Mall for Grand Opening

Winnipeg, MB - More than 1,000 shoppers surrounded Winnipeg’s newest mall primed to open their wallets and welcome a new retail option to the city last Wednesday. Outlet Collection Winnipeg opened on May 3 and is the city’s first pure outlet retailer at 400,000-square-feet. At 10 a.m. anxious shoppers, some of whom had claimed a spot in l... »

May 9, 2017
Asheville Mall to get Multimillion-Dollar Upgrade

Asheville, NC - At the age of 45, Asheville Mall is going in for a facelift. A stalwart of the Asheville Shopping scene since its opening in 1972, the mall will be getting a multimillion-dollar renovation this year. Work is already underway and should be finished in time for the holiday rush. "We are thrilled to offer shoppers a newly refresh... »

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