Al-Futtaim inaugurated Egypt’s first Homeworks store at Cairo Festival City

Al-Futtaim inaugurated Egypt’s first Homeworks store at Cairo Festival City   Dubai, UAE, 2017-Jun-27 — /EPR Retail News/ — With over EGP 70 Million in investments, Al-Futtaim has officially inaugurated Egypt’s first Homeworks store at Cairo Festival City, bringing Al-Futtaim’s newest home improvement and lifestyle brand to Egypt for the first time. Essam Hafez, Country […]

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Nordstrom Rack at Bayshore Town Center in Glendale, Wisconsin scheduled to open in fall 2018

SEATTLE, 2017-Jun-24 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. announced today (June 22, 2017) plans to open a Nordstrom Rack at Bayshore Town Center in Glendale, Wisconsin. The approximately 26,800-square-foot store is scheduled to open in fall 2018. Bayshore Town Center is a 45-acre complex on the North Shore of Milwaukee featuring an assortment of […]

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Al-Futtaim Automall opens new super site at Dubai Festival City

Al-Futtaim Automall opens new super site at Dubai Festival City   Dubai, UAE, 2017-Jun-24 — /EPR Retail News/ — Al-Futtaim Automall, the largest retailer of pre-owned vehicles in the UAE, has announced the opening of a new super site at Dubai Festival City that will display over 400 cars. Customers looking to buy good quality […]

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PHILIPPINES: SM Group honored with 10 awards at the Corporate Governance Asia magazine’s 7th Asian Excellence Award

PHILIPPINES: SM Group honored with 10 awards at the Corporate Governance Asia magazine’s 7th Asian Excellence Award   JW Marriott Hotel, Hong Kong, 2017-Jun-21 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries bagged 10 awards from Hong Kong-based Corporate Governance Asia magazine in its 7th Asian Excellence Award held at the […]

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PHILIPPINES: S Maison introduces unique dining and retail concepts

Pasay City, Philippines, 2017-Jun-19 — /EPR Retail News/ — SM Supermalls’ 62nd mall, S Maison, has taken malling to a level that brings with it Epicurean dining and high fashion retail brands. S Maison has introduced unique dining and retail concepts and is soon to launch more in the coming months to further excite travelers both […]

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Pop-up Stores in der Mall of Switzerland

Pop-up Stores in der Mall of Switzerland   Zürich/Ebikon, 2017-Jun-12 — /EPR Retail News/ — State of the Art! Mit der Eröffnung der Mall Switzerland am 8. November 2017 erhält die Schweiz nicht nur das zweitgrösste Einkaufsund Freizeitzentrum, sondern auch ein attraktives Umfeld, in dem innovative Retail-Konzepte getestet werden können. Diese hochwertigen und fertig ausgebauten […]

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Majid Al Futtaim Properties announces first solar power deal with Enova

Majid Al Futtaim Properties announces first solar power deal with with Enova   Dubai, UAE, 2017-Jun-09 — /EPR Retail News/ — Enova – the regional leader in integrated energy and multi-technical services – will supply solar power to four Majid Al Futtaim malls, delivering expected savings of AED 80 million. Enova’s first solar power deal with […]

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Lulu Express – “Fresh Market” opens in Galleria Mall in Jubail city, Kingdom of Saudi Arabia

Lulu Express – “Fresh Market” opens in Galleria Mall in Jubail city, Kingdom of Saudi Arabia   Jubail, Saudi Arabia, 2017-May-29 — /EPR Retail News/ — Jubail: Lulu Group has opened its latest store with the opening of Lulu Express – “Fresh Market” in Galleria Mall Fanateer Dist., near Jubail city in the Kingdome of […]

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Majid Al Futtaim launches its 11th annual ‘Make A Difference’ campaign

Majid Al Futtaim launches its 11th annual ‘Make A Difference’ campaign   UAE, 2017-May-29 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today ( MAY 24, 2017) launched its 11th annual ‘Make A Difference’ campaign, which encourages the act […]

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Al Meera opened the doors to its new Community Shopping Mall in Leaibab

Al Meera opened the doors to its new Community Shopping Mall in Leaibab   DOHA, Qatar, 2017-May-25 — /EPR Retail News/ — Bringing the current phase of its expansion plan to fruition, Al Meera Consumer Goods Company (Q.S.C) has opened the doors to its new Community Shopping Mall in Leaibab, which introduces Al Meera’s trademark modern […]

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CBL & Associates Properties closes sale of College Square in Morristown and Foothills Mall in Maryville, Tennessee

CHATTANOOGA, Tenn., 2017-May-12 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today (5/11/2017) announced that it closed on the sale of College Square in Morristown, TN and Foothills Mall in Maryville, TN for $53.5 million, all cash. Proceeds from the sale were used to reduce outstanding balances on the Company’s lines […]

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PHILIPPINES: SM opens its second SM mall in Cagayan de Oro

PHILIPPINES: SM opens its second SM mall in Cagayan de Oro   Pasay City, Philippines, 2017-May-12 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its newest mall, the SM CDO Downtown Premier, on May 12, 2017. The new mall will add […]

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Majid Al Futtaim broke ground for its largest mall in the Sharjah, UAE

Majid Al Futtaim broke ground for its largest mall in the Sharjah, UAE   Sharjah, United Arab Emirates, 2017-May-10 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today (MAY 9, 2017) officially broke ground on what will be the […]

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CBRE: Favorable commercial real estate lending market conditions in Q1 2017

Borrowers Remain Cautiously Optimistic Despite Pending Interest Rate Increases and Higher Market Volatility LOS ANGELES, CA, 2017-May-09 — /EPR Retail News/ — High investor confidence, attractive equity markets and positive economic indicators have contributed to favorable commercial real estate lending market conditions in Q1 2017, according to the latest research from CBRE. While the fairly […]

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Asheville Mall to debut newly refreshed look and upgraded amenities this holiday shopping season

Asheville, NC, 2017-May-09 — /EPR Retail News/ — Officials at Asheville Mall are excited to announce that the center will undergo a multi-million dollar renovation during 2017. The project is currently underway and will be completed just in time for holiday shopping this November. The renovation will include enhancements to the interior and exterior of Asheville […]

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SM Prime Holdings sets interest rates for its Peso-denominated Series G, 7-year retail bonds at 5.1683% p.a

Pasay City, Philippines, 2017-May-06 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Series G, 7-year retail bonds at 5.1683% p.a last May 2. SM Prime issued an aggregate principal amount of PHP15.0 billion of the Series G bonds, with an option to issue an additional […]

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Auchan Proletarskiy shopping center in Moscow opens

Auchan Proletarskiy shopping center in Moscow opens   Croix Cedex, France, 2017-May-04 — /EPR Retail News/ — Auchan Proletarskiy Retail gallery in a south administrative district of Moscow was opened on April, 24th. The location is great, more than 560,000 people living in a catchment area, a super busy metro station Kantemirovskaya situated in a 5-min […]

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Raley’s acquires property for the future flagship store in the town of Truckee, CA

Fair Oaks, CA, 2017-May-02 — /EPR Retail News/ — Raley’s advances forward with plans to build a new flagship store in the town of Truckee. This past week, JMA Ventures successfully acquired the property located at Joerger Ranch on the corner of Highway 267 and Soaring Way, adjacent to the Truckee Tahoe Airport. The project will […]

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Mall of Scandinavia fylls med 400 000 LEGO bitar

Mall of Scandinavia fylls med 400 000 LEGO bitar   Scandinavia, 2017-May-01 — /EPR Retail News/ — Från den 29 april till den 7 maj intar LEGO Tour åter igen Mall of Scandinavia med över 400 000 LEGO bitar. Barnfamiljer och LEGO entusiaster välkomnas till flera tematiserade stationer för att skapa, bygga och leka under en veckas […]

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PHILIPPINES: SM Prime to invest at least PHP50 billion per annum to support its developmental goals

Pasay City, Philippines, 2017-Apr-27 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, plans to spend at least PHP50 billion per annum over the next two years to support its developmental goals. SM Prime allocates 80% of its capital expenditure on project developments, mostly for mall and residential […]

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PHILIPPINES: SM Investments Corporation announces key organizational changes

Pasay City, Philippines, 2017-Apr-27 — /EPR Retail News/ — The Board of Directors of SM Investments Corporation (SM) announced key organizational changes that will support the company’s next phase of growth. The Board has already conferred upon Mr. Henry Sy, Sr. the role of Chairman Emeritus, in recognition of his role as the founder of SM […]

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The foundation stone for Silicon Mall by the LuLu Group laid at Dubai Silicon Oasis

The foundation stone for Silicon Mall by the LuLu Group laid at Dubai Silicon Oasis   Abu Dhabi, UAE, 2017-Apr-26 — /EPR Retail News/ — His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman, Chief Executive of Emirates Airlines & Chairman of Dubai Silicon Oasis Authority DSOA, the regulatory body […]

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The new extension to the BAB 2 shopping centre unveiled with architecture featuring Basque colours

Boulogne-Billancourt, France, 2017-Apr-21 — /EPR Retail News/ — Teams from Carmila and Carrefour Property have just unveiled the new extension to the BAB 2 shopping centre. With 40 new stores and an extra 10,000 m², the shopping centre’s unusual architecture features typically Basque colours. It has a total complement of 120 stores, restaurants and services for […]

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Macerich Company to pay $.71 dividend per share of common stock

SANTA MONICA, Calif., 2017-Apr-21 — /EPR Retail News/ — The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.71 per share of common stock.  The dividend is payable on June 2, 2017 to stockholders of record at the close of business on May 5, 2017. Macerich, an S&P 500 company, […]

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Iso Omena shopping centre in Helsinki completes its extension and (re)development project

HELSINKI, Finland, 2017-Apr-21 — /EPR Retail News/ — The second phase of the extension and (re)development project of Iso Omena shopping centre located in Matinkylä, Helsinki area is now complete and the expanded shopping centre opened today, 20 April. Iso Omena is currently almost fully leased, with an occupancy rate of 98%. Iso Omena has over […]

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Majid Al Futtaim launches its Net Positive strategy

Majid Al Futtaim launches its Net Positive strategy   Dubai, UAE, 2017-Apr-19 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has today ( APRIL 18, 2017) launched its Net Positive strategy in the presence of Dr. Thani Ahmad Al […]

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Carrefour Hypermarket To Open Soon in Dubai Festival City

Dubai, United Arab Emirates, 2017-Apr-17 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East, Africa and Asia, announced today ( APRIL 13, 2017) that Carrefour Hypermarket in Dubai Festival City will be opening soon, increasing the number of its hypermarkets in the UAE to 23. […]

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Majid Al Futtaim Fashion to debut American homeware and furniture brand Crate and Barrel in Doha Festival City

Majid Al Futtaim Fashion to debut American homeware and furniture brand Crate and Barrel in Doha Festival City   Dubai, UAE, 2017-Apr-04 — /EPR Retail News/ — Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, today announced the signing of an agreement with Crate […]

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Majid Al Futtaim Cinemas win the Global Achievement in Exhibition award for its VOX Cinemas brand in the Middle East

DUBAI, UAE, 2017-Mar-29 — /EPR Retail News/ — Majid Al Futtaim Cinemas, owner of the VOX Cinemas brand in the Middle East, scooped up the Global Achievement in Exhibition award at the CinemaCon convention, the largest and most important gathering for the worldwide motion picture theatre industry, which took place in Las Vegas on March 27th. […]

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British Land announces six new signings and upsizes as refurbishment moves into its next phase at Meadowhall

LONDON, 2017-Mar-29 — /EPR Retail News/ — British Land, joint owner of Meadowhall, Yorkshire’s premier shopping destination, has announced six new signings and upsizes totalling over 85,000 sq ft as the £60 million refurbishment moves into its next phase. Primark is to extend its existing unit by 21,000 sq ft, creating a 95,500 sq ft flagship […]

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