Page 10 - December 2020 January 2021

americas news

THE REALREAL CARRIES ON EXPANDING ITS

BRICK-AND-MORTAR PRESENCE

The luxury goods consignment retailerhas unveiled a flagship in
Chicago, on North Michigan Ave. The 12,000sq ft store is The
RealReal’s largest location to date, and offers a variety of services,
as well as shopping for men, women’s and children’s apparel and
accessories on both the main and mezzanine levels. The offerings
also include fine jewellery, watches, home products and art.
The flagship is also home to a consignment office and the
company’s fourth in-store café, which is focused on “clean” eating
options and supporting local producers. The store is also focused on
sustainability, from using sustainable materials to refurbishing vintage
furniture to creating compostable packaging for the cafe.
The store is merchandised according to brands, styles and
trends, with an emphasis on Louis Vuitton and Gucci apparel and
handbags; Tiffany & Co. and Van Cleef & Arpels jewelry; Rolex and
Cartier watches; Yeezy and Jordan sneakers; and Burberry and
Moncler outerwear.

THE NORTH AMERICAN BRANCH OF ACON HAS OPENED ITS FIRST PHYSICAL LOCATION, IN THE KOREATOWN NEIGHBOURHOOD OF LOS ANGELES. THE 19,000SQ FT SPACE, CALLED
STUDIO 1886 IN A NOD TO THE YEAR THE BEAUTY COMPANY WAS FOUNDED, IS DESIGNED AS AN IMMERSIVE EXPERIENCE FOR THE BRAND AND A PLAYGROUND FOR BEAUTY LOVERS,
INCLUDING CONSUMERS AS WELL AS AVON’S INDEPENDENT SALES REPRESENTATIVES. THE TWO-LEVEL SPACE SHOWCASES ALL OF AVON’S BEST-SELLING COLLECTIONS AND LATEST
INNOVATIONS IN SKINCARE, COLOUR COSMETICS, FRAGRANCE AND PERSONAL CARE, ALONG WITH BRANDS PROVIDED BY AVON OWNER LG HOUSEHOLD & HEALTH CARE.

REI CO-OP STORE MIXED-USE PROJECT
EXPANSION CONTINUES BREAKS GROUND

REI Co-op keeps expanding. The outdoor gear and apparel retailer After years of planning, Hines and Columbia Development has
will open its first location in the state of Wyoming, at Powderhorn broken ground on what will be one of the largest retail-focused
Mall in Jackson, un the summer of 21. The 15,000sq ft store will developments under construction in the US this year, the 69-acre
have a heavy focus on serivce, with a full-service bike and ski and Fenton mixed-use project in North Carolina’s Research Triangle.
snowboard shop for maintenance and repairs. “Fully capitalising the project and securing commmitments
REI Jackson will also offer workshops and classes to connect from retailers during a pandemic reflects significant confidence in
people to outdoor experiences in the region. While the Jackson the project,” said Hines Director Paul Zarian, who characterised
store will be the retailer’s physical store in the state, REI’s adventure Fenton as an urban, pedestrian-focused place to live, shop, dine
travel company has offered guided multi-day hiking, kayaking and and work in the Triangle.
family trips in Grand Teton and Yellowstone National Parks for more Fenton is located along I-40 and Cary Towne Boulevard in
than a decade. Cary, a central location in the Triangle. The first phbase will
Also last month, the company opened a store at the Uptown Boca deliver some 345,000sq ft of shops, restaurants, 200,000sq ft of
lifestyle centre in Boca Raton, Florida. The 23,000sq ft store will join office space, a 175-key hotel and a 357-unit apartment complex.
REI’s existing three Florida stores including Jacksonville, Winter Park Hines also announced that Arhaus, the home furnishing retailer
and its newly opened Gainesville location. In addition, REI plans to with 70-plus locations, has signed a lease for a 17,974sq ft space
open a store in Tampa next year. at Fenton.

10 RETAIL & LEISURE INTERNATIONAL DECEMBER 2020 / JANUARY 2021