Retail news: mall and brand expansion

Officials from Woodfield Mall have revealed a proposed $13.9m revamp due to commence almost immediately.

During the next two or three months, Burlington Township officials are due to obtain civil engineering and architectural drawings of the view of the Marketplace at Burlington, formerly known as Burlington Center Mall, will look like.

The local economy in the region of LPGA Boulevard and Interstate 95 could be boosted by the development of another mall by one of the leading outlet mall developers in the country.

CapitaMalls Malaysia Trust (CMMT) is set to purchase the Tropicana City Mall for around RM540m.

Department store chain BHS has been put up for sale by Sir Philip Green.

The new store opened by Apple in Hangzhou is the first of five the company plans on opening prior to the February 19 Chinese New Year.

The process of acquiring a 4400m² space in one of the top global shopping districts, SoHo in New York, has been finalized by Inditex.

Birmingham is due to become a retail hotspot during 2015, with several new stores gearing up to enter the area.

Mothercare, the baby goods retailer, has experienced a boost in its profits and sales after holding off the launch of their Christmas sales.

The most recognized and largest American retailers always appear on the World’s Largest Retail Chains’ annual list.

Lindat Ltd, the owners of Galway Shopping Center, is confident that they will be able to secure funding for their renovation of the center.

With new shopping centers being worked on all across Europe there are clearly going to be some exciting new mall openings in the next few years.