retail news

Konover nears completion on Mount Pleasant Towne Centre With anchor tenant Belk and some other shops already open for business, Mount Pleasant Towne Centre in suburban Mount Pleasant, S.C., already has a head start to its official debut. Next month, the 408,000 sq. ft. project by Cary, N.C.-based Konover Property Trust Inc. will mark the grand opening of Bed Bath & Beyond, Barnes & Noble, a 17-screen Consolidated Theaters and 60 additional specialty retailers.

Liz Claiborne Shoes and The Atlanta Bread Company are two of 11 retailers making their Charleston market entry (including anchor Bed Bath & Beyond). The center also will have restaurants such as Chili's Grille, On The Border, Benito's Restaurant and Bull & Finch.

Upon completion, Mount Pleasant Towne Centre is expected to give the growing suburban neighborhood of Mount Pleasant its first central gathering place for local residents.

Westfield and Coke to promote Shoppingtown malls Los Angeles-based Westfield America Inc. has entered into a five-year agreement with The Coca-Cola Co., Atlanta, to provide beverages to Westfield's 37 shopping centers in the United States. This agreement is the first in a plan to develop cooperative promotional activities between Westfield and Coca-Cola. Westfield hopes to strengthen its Shoppingtown brand and strengthen its market position through its association with the Coca-Cola brand, which is recognized throughout the country and the world.

Westfield America Inc. started a branding campaign for its Shoppingtown malls in the United States in November 1998, and has branded its centers in Australia for 10 years.

Forbes Co. and Taubman break ground on Emporio Orlando The Forbes Co., Southfield, Mich., and Bloomfield Hills, Mich.-based Taubman Centers Inc. have broken ground on Emporio Orlando, a 1.2 million sq. ft. mixed-use development in Orlando, Fla. The retail portion is expected to come online in 2002 and, pending approval from New York-based Federated Department Stores Inc., will be anchored by a 225,000 sq. ft. Bloomingdale's and a 250,000 sq. ft. Macy's.

The center will also be home to 200 specialty stores, many of which will be new to the market. Emporio Orlando is part of a 405-acre project, which will include 5 million sq. ft. of retail, Class-A office space and hotels.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.