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PHILIPPINES: SM Prime registered a 15% net income growth to PHP7.79 billion in Q2 2017 from PHP6.75 billion in same period last year

Pasay City, Philippines, 2017-Aug-07 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company registered a 15% net income growth to PHP 7.79 billion in the second quarter of 2017 from PHP 6.75 billion in same period last year. This brought SM Prime’s first half’s net income to…
August 7, 20170Comments

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Business Malls Merchant Services Retail Retailer Shopping Shops

Old Hickory Mall introduces Pop Up Shop; available for rent on a weekly basis

JACKSON, Tennessee, 2017-Aug-04 — /EPR Retail News/ — Old Hickory Mall is giving local merchants the opportunity to expand their business without having to sign a long-term lease agreement. The new Pop Up Shop, located in the center of the mall next to Victoria’s Secret and American Eagle, allows local entrepreneurs and artists to showcase their…
August 4, 20170Comments

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Business Malls Management Retail Retailer Shopping

Majid Al Futtaim and Al Jazira Club to invest AED 1.4 billion in new shopping destination, City Centre Al Jazira

Majid Al Futtaim and Al Jazira Club to invest AED 1.4 billion in new shopping destination, City Centre Al Jazira   Abu Dhabi, United Arab Emirates, 2017-Aug-04 — /EPR Retail News/ — Abu Dhabi’s retail and entertainment sectors are set for further growth following the announcement of the first-ever City Centre mall in the UAE capital. City Centre…
August 3, 20170Comments

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Awards Business Grocery Malls Management Retail Retailer

SM Supermarket wins Philippine Retailers Association’s Best Supermarket award for 2016

SM Supermarket wins Philippine Retailers Association’s Best Supermarket award for 2016   Pasay City, Philippines, 2017-Aug-02 — /EPR Retail News/ — SM Supermarket brought home the Philippine Retailers Association’s (PRA) Best Supermarket award for 2016 at the recently concluded 20th Outstanding Filipino Retailers and Shopping Centers of the Year Awards. The PRA Award is one of the…
August 2, 20170Comments

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Business Financial Malls Management Retail Retailer Shopping

CBL completes the extension and modification of two unsecured term loans due to mature in 2018

CHATTANOOGA, Tenn., 2017-Aug-01 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today ( 7/31/2017) announced that it had closed the extension and modification of two unsecured term loans due to mature in 2018. “We are extremely pleased to complete the extension and modification of these term loans,” said Stephen Lebovitz, president & chief…
August 1, 20170Comments

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Apparel Business Financial Furniture Malls Management Retail Retailer

Macy’s, Inc. to report its 2Q 2017 sales and earnings on Thursday, August 10, 2017

CINCINNATI, 2017-Jul-31 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M) is scheduled to report its second quarter 2017 sales and earnings before the opening of financial markets on Thursday, August 10, 2017. The company will webcast a call with financial analysts and investors that day at 10 a.m. ET. Macy’s, Inc.’s webcast is accessible to the media and…
July 31, 20170Comments

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Business Malls Management Retail Retailer

East Towne and West Towne Malls implement Youth Escort Policy

Madison, WI, 2017-Jul-31 — /EPR Retail News/ — East Towne and West Towne Malls will launch their Youth Escort Policy’s tomorrow, Friday, July 28, 2017. The Youth Escort Policy (YEP) is designed to provide all of its shoppers and retailers with a family-friendly, convenient and enjoyable shopping experience. The new policy – which will be…
July 31, 20170Comments

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Business Entertainment Malls Management Retail Retailer Shopping

Kimco: Cinépolis USA to bring its Luxury Cinema concept to Kentlands Market Square in Gaithersburg, Maryland

Kimco: Cinépolis USA to bring its Luxury Cinema concept to Kentlands Market Square in Gaithersburg, Maryland   The arrival of this luxury cinema kicks off a full-scale redevelopment of the Maryland open-air shopping center NEW HYDE PARK, N.Y., 2017-Jul-21 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced that it has signed a lease with Cinépolis USA,…
July 21, 20170Comments

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Business Malls Management Retail Retailer Shopping

Kimco: Target to open at Westmont Plaza in Haddon Township, New Jersey in July 2018

The addition of the brand’s small-format concept will spark a transformative repositioning of this New Jersey shopping center NEW HYDE PARK, N.Y., 2017-Jul-15 — /EPR Retail News/ — Kimco Realty Corp. (NYSE: KIM) announced that it has signed a lease with Target for a 48,000-square-foot, small-format store at Westmont Plaza in Haddon Township, New Jersey, set to…
July 15, 20170Comments

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Malls Management Retail Retailer

LCP: gutter replacement specialist Thaxen Developments opens third unit at The Pensnett Estate, Kingswinford

West Midlands, UK, 2017-Jul-14 — /EPR Retail News/ — A rapidly growing gutter replacement specialist has taken on new premises in the Black Country to cope with demand, leading investment and property management company LCP has announced. Thaxen Developments, which specialises in replacing concrete guttering with uPVC, has opened another unit at Block C, Bay 1, The Pensnett Estate,…
July 14, 20170Comments

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Business Furniture Home Decor Malls Management Retail Retailer

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 Manager of Al-Futtaim…
June 27, 20170Comments

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Business Malls Management Retail Retailer

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 retail,…
June 24, 20170Comments

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Automotive Business Malls Management Retail Retailer

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 used cars can…
June 24, 20170Comments

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Awards Business Malls Management Retail Retailer

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 JW Marriott…
June 21, 20170Comments

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Business Malls Restaurants Retail Retailer

PHILIPPINES: S Maison introduces unique dining and retail concepts

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…
June 19, 20170Comments

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Business Malls Management Retail Retailer Shops

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 temporären Pop-up…
June 12, 20170Comments

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Business Environment Malls Management Retail Retailer Shopping

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 Majid Al Futtaim…
June 9, 20170Comments

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Business Grocery Malls Management Retail Retailer

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 Saudi Arabia.…
May 29, 20170Comments

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Business Malls Management Philanthropy Retail Retailer

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 of giving…
May 29, 20170Comments

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Business Consumer Goods Malls Management Retail Retailer Shopping

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 interior designs,…
May 25, 20170Comments

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Business Malls Management Retail Retailer

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…
May 12, 20170Comments

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Business Malls Management Retail Retailer

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 company’s largest…
May 10, 20170Comments

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Malls Management Retail

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 dramatic increase…
May 9, 20170Comments

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Malls Management Retail Retailer

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 Mall.…
May 9, 20170Comments

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Business Financial Malls Management Retail Retailer

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…
May 6, 20170Comments

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Business Malls Management Retail Retailer Shopping

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 walking distance…
May 4, 20170Comments

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Business Consumer Services Malls Management Retail Retailer

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 be…
May 2, 20170Comments

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Art Business Malls Management Retail Retailer

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 tid. Efter förra…
May 1, 20170Comments

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Business Malls Management

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…
April 27, 20170Comments

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