Retail news: mall and brand expansion

To ensure a future in the UK market, the new chief executive of Mothercare, Mark Newton-Jones, is due to invest £400000 of his own cash into the planned £100m rights issue of the company.

Building permission has been granted to Multi Corporation for Forum Radunia, a new project to be built in downtown Gdansk.

IKEA, the Swedish retailer, is looking to expand its presence across the regions of Russia.

L.L. Bean, the company best-known for its Bean Boot made in Maine, as well as other outdoor products, is due to expand with its first Minnesota store in the Mall of America.

Construction for a new retail mall has commenced in the parking lot of the Meijer store, located at Gratiot Avenue and 23 Mile Road, in Chesterfield Township.

The Sunshine State is gearing up to receive a retail revolution, which will save males from boredom while the female in their lives is shopping.

Alibaba, the massive Chinese e-commerce company, priced its shares at $68 on Thursday for the impending IPO offering, making it the largest ever for a US-listed company.

The listed property magnate responsible for London’s Canary Wharf Group, Songbird Estates, has revealed that its shopping centers have reached a record £1bn during the first half of this year.

Charming Charlie, the accessories retailer, is due to debut at the West Manchester Town Center.

The Simon Property Group has renamed its center on Woodhaven Road in Northeast Philadelphia. It will no longer be known as Franklin Mills, but as Philadelphia Mills.

Sarasota in Florida is preparing for a boost in traffic numbers as the UTC Mall is estimating 100000 visitors during its opening period.

Tesco, one of the main sponsors of the Goodwood Revival weekend, are going to the limit to offers customers the best experience at this year’s event.