AMERICAS NEWS
Bloomingdale’s flagship 59th Street store completed The Biggest Makeover in New York City recently. The store’s famous black and white BWAY on the main floor, carrying an impressive collection of cosmetics vendors, has been fully renovated and upgraded with 21st century technology. In addition to its current roster of cosmetics vendors, six new brands launched for the first time. The transformation of the 25,400sq ft cosmetics department is the culmination of a complete store renovation that began back in 2004.
Surf Line’s up in Hawaii

Surf Line Hawaii – founded in 1964 by surf clothing pioneer Dave Rochlen, is behind the popular Jams World brand as well as the eponymous Surf Line brand and has opened a standalone unit in the Royal Hawaiian Centre in Honolulu.
Family-owned and headed by sufer Pua Rochlen, the company manufactures about 90 per cent of its colourful products in Hawaii, including its including its range of beach-friendly dresses, towels and surf wear.
The company recently licensed Converse to produce five prints on its shoes. The Royal Hawaiian Centre, which is also home to the likes of Apple and Ferrari, is situated right next to Waikiki Beach.

Innovative Calgary development set to wow visitors
Construction is well underway on the Calgary Eaton Centre in Alberta, Canada. Owner/Developer SITQ and the Alberta Investment Management Corporation anticipate the opening of this 55,700sq m GLA multi-level development to be completed in Fall 2010. The retail component was designed by Montreal-based GHA Design Studios and MMC International Architects of Toronto.
Under a canopy of structural glass, the largest of its kind in the world, people will enjoy a vibrant streetscape experience that is awash in natural light. Unlike enclosed gallerias of earlier days, the uniqueness of this crystalline canopy will more closely emulate outdoor plazas and promenades enabling patrons to experience the environment unfettered.
To date, anchor tenants include Holt Renfrew, Brooks Brothers and Harry Rosen; upon opening, the development will offer 164 retail tenants. This project, along with its world-class retailers and the integration of the 2.5-acre Devonian Gardens urban park, is the main draw to attract residents to Calgary’s business district and revitalise the downtown core so that it remains vibrant after office hours, seven days a week.
Shops and boutiques of the calibre of Holt Renfrew will attract and tantalise the shopper while unique cafes, restaurants and mercados will nurture the appetites of visitors.

Walmart’s Mike Duke outlines three key priorities for growth

At Walmart’s annual investors meeting, President & CEO Mike Duke (pictured) highlighted the three key priorities for the company to further enhance shareholder value. The main focus of his comments were directed towards continuing to have aggressive growth plans, leveraging global scale and expenses, and improving the returns of each operating segment.
“There is no retail competitor - here in the United States or anywhere in the world - that can deliver the kind of growth that Walmart can over the next several years,” he said. “Expenses will grow less than sales and Walmart’s entire management team is re-energized to improve in this important metric. The productivity loop is back at Walmart.”

Signature brand building on corner in ‘Bloomies country’

The leasing team of Faith Hope Consolo, Chairman, and Joseph Aquino, Executive Vice President of Prudential Douglas Elliman’s Retail Leasing, Marketing and Sales Division has been chosen to market a three-level standalone building at 989 Third Avenue, on the southeast corner of 59th Street, a major retail corridor shared by Bloomingdale’s and the Bloomberg Building.
A rare brand building availability for this high-profile district, with approximately 3,000sq ft, it is on the same block as the prestigious Decoration & Design Building and Architects & Designers Building. Also along the popular Third Avenue corridor are City Cinemas, Urban Outfitters, Home Depot, The Container Store and Ethan Allen. Destination eateries also enhance the area: Dylan’s Candy Bar, David Burke at Bloomingdales, California Pizza Kitchen and the world renowned Le Cirque.
“This is an exceptional opportunity for a retailer to have its own brand prominently displayed on multiple levels on one of the busiest streets in Midtown,” said Consolo. “It’s at the apex of where the world of fashion meets worldwide corporate headquarters, which makes it ideal for everything from upscale boutiques to home furnishings and much more.”
Added Aquino: “The ‘seven-days-a week’ traffic on this block is nonstop because it’s ‘Bloomies Country’ to shoppers around the world. This is an absolute destination for millions, which is why we place so many successful retail businesses along Third and Lexington Avenues.”


 
 
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