Page 10 - #189 March 2024

AMERICAS

UNIBAIL-RODAMCO-WESTFIELD REVEALS DETAILS OF
WESTFIELD OLD ORCHARD REDEVELOPMENT

Unibail-Rodamco-Westfield has shared new details on
its upcoming redevelopment of Westfield Old Orchard.
Focus has been tapped as the co-developer for
the first phase of the landmark transformation of the
Skokie, Illinois mall, which will include the construction
of approximately 400 luxury apartment homes and
street-level retail, along with a park and event space. The
project is anticipated to break ground in 2025 and slated
to open to residents in early 2027.
“We look forward to working with Focus, a premier
developer in Chicagoland, to further enhance one of the
most desirable destinations on the North Shore,” said
Geoff Mason, Executive VP, U.S. Development, Design &
Operating Management at Unibail-Rodamco-Westfield.
The multi-faceted remodelling vision for Westfield Old
Orchard first took shape in 2018 when URW acquired
the former Lord & Taylor space.

WALMART IS MOVING BACK INTO BRICK-AND-MORTAR EXPANSION. THE RETAIL GIANT HAS SAID IT PLANS TO BUILD OR CONVERT MORE THAN 150 LARGER-FORMAT STORES DURING THE
NEXT FIVE YEARS WHILE ALSO CONTINUING ITS PROGRAM TO REMODEL EXISTING LOCATIONS. DURING THE NEXT 12 MONTHS, WALMART EXPECTS TO REMODEL 650 STORES ACROSS
47 STATES AND PUERTO RICO. THE EXPANSION PLANS MARK A BIG CHANGE FOR WALMART, WHICH IN 2016 SAID IT PLANNED TO SLOW NEW STORE OPENINGS AS ITS FOCUS TURNED
TO BOOSTING ONLINE SALES. THE CHAIN HASN’T OPENED A NEW STORE SINCE FALL 2021. THE COMPANY’S NEW AND REMODELLED STORES WILL REFLECT ITS “STORE OF THE FUTURE”
CONCEPT, WHICH FEATURE A MORE MODERN LOOK, WITH IMPROVED LAYOUTS, EXPANDED PRODUCT SELECTIONS AND TECHNOLOGY TO HELP EMPLOYEES BETTER SUPPORT CUSTOMERS.
CANADA GOOSE BRINGS TARGET CORPORATION
COLD ROOM TO HAWAII INTRODUCES NEW BRAND

Shoppers in Honolulu can get a blast of arctic air at the city’s Target Corporation has introduced its new low-price owned brand,
outdoor shopping mall. dealworthy, designed to give consumers incredible value on nearly
The Canadian luxury outerwear and lifestyle brand, best known 400 everyday basics.
for its super-warm parkas, has opened a store at Ala Moana Center With dealworthy, Target is offering more options at lower prices,
in Honolulu, Hawaii. The opening comes as Canada Goose continues starting at less than $1, while strengthening its portfolio of owned
to expand its retail footprint across the West Coast. The company brands. dealworthy also is backed by Target’s owned brand promise:
also continues to expand its product offerings to create more year- If a consumer is not satisfied with any Target owned brand item,
round use. The lineup now includes apparel, lightweight jackets and they can return it within one year with a receipt for an exchange
vests, rainwear, footwear and more. or a refund.
The Ala Moana Center location contains Canada Goose’s iconic “With the introduction of our newest owned brand, dealworthy,
“Snow Room,” a dedicated space where customers can put its consumers can shop hundreds of everyday basics at incredibly low
products to the ultimate test. The room simulates a snowfall with prices, without sacrificing quality for the price,” said Rick Gomez,
temperatures reaching as low as -10°F. Executive Vice President and Chief Food, Essentials and Beauty
For its store in Hawaii, Canada Goose is featuring a new installation Officer, Target. “We know that value is top of mind for consumers
focusing on a theme of “Patterns and Predecessors,” featuring and dealworthy, backed by our owned brand promise, will not only
pieces connected by generational knowledge and experience with appeal to our current guests but position us to attract even more
narratives from Hawaii, the Arctic and Southern Canada. new shoppers to Target.”

10 RETAIL & LEISURE INTERNATIONAL MARCH 2024