The first phase of Renaissance Marketplace in Rialto, Calif., has opened with six tenants. The 430,000-square-foot shopping center will include a Cinemark Theatres, 24 Hour Fitness and more than 26 additional tenants when developer Lewis Retail Centers fully opens it in September.
Stores, the National Retail Federation's magazine, ranked the 100 fastest-growing retailers in the US. At the top of the list are Primark, Bass Pro Shops and Build.com, which bring in millions of dollars in sales annually.
Real estate investment trust COPT is planning a 30,000-square-foot retail-and-restaurant structure in Baltimore. The project is at a popular intersection and includes land in front of the Transamerica office tower.
A mixed-use commercial center on Johns Island, S.C., could span 16 acres and feature 13 buildings. The proposed Hayes Park project features buildings such as The Restaurant and The General Store in its plans.
Kroger's deal to sell its Simple Truth products via Chinese online retailer Alibaba highlights the company's commitment to finding international partners to work with, Randy Hofbauer writes. This outreach for partnerships is helping Kroger find new markets that can offer sustainable growth, even where it doesn't have physical stores, he writes.
MAC Cosmetics has created a global influencer partnership with 12 brand ambassadors, each of whom will focus on a specific market. The move comes as MAC launches its new Maker lipstick line, which includes a signature color for each influencer.
Just 15% of consumers believe brands are "very transparent" on social, 53% would be more likely to purchase from brands that are more transparent on social, and 85% would remain loyal to a transparent brand during a crisis, Sprout Social reports. Additionally, 86% of respondents said a lack of transparency could drive them to buy from a competitor, and 70% of millennials want brand CEOs to have a social presence.
Department store Debenhams plans to trim about 90 jobs as part of a plan to streamline its home and fashion divisions, the retailer said. Earlier this year, the retailer cut 320 store management positions in a cost-cutting move.
Walmart expanded its click-and-collect programme for shoppers to 21 Canadian stores in the second quarter, a move that helped boost the retailer's market share in the country. Same-store sales in Canada rose 2.6%, and market share rose 0.6% in several categories including health and food, the company reported.
UK-based online retailer ASOS has teamed with American designer LaQuan Smith. The ASOS Design x LaQuan Smith, set to launch in October, is designed as a more affordable version of his high-fashion line worn by celebrities including Beyonce and Rihanna, with pieces priced at under $300.