Retail news & events

Chain stores and restaurants are expanding rapidly in New York City.

Much has been said about the demise of the mall, those suburban shrines to the supreme deities of commerce.

Westfield World Trade Center has revealed more brands after their first store announcement last month.

The new retail development in Orange County is moving ahead and a few of the anchors have just been announced.

One of the oldest communities in Los Angeles County could be given a boost with Alhambra about to be given a housing and shopping complex costing $130m.

Blackstone Group LP (BX) have agreed to the sale of a majority share in 39 shopping centers in the US to Kimco Realty Corp (KIM).

Halifax Shopping Center is to undergo a $70m redevelopment process.

The specialty North American pet retail group, PetSmart Inc, has agreed to being sold for about $8.7b, including debt.

Manulife Asset Management Private Markets has joined forces with Allianz to invest in US real estate to the value of $1b.

Obtaining an 88.4% share in 840 N. Michigan Avenue in Chicago has provided Acadia Realty Trust with a valuable addition to their portfolio.

Why the USA remains the destination of choice for luxury and international retail

Christmas is always a very special time at the biggest and best malls in the US, as crowds of shoppers flock to them to try and find the perfect gifts.