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Jack Wills' Grand Opening Today on Newbury Street: Looks like a "Grand Country House Debauched by Partying"

Warm up those credit cards, Anglophiles, because one of our favorite (and quintessentially) British brands has just opened its doors in Boston! The first Jack Wills urban store in the United States—its first two Stateside shops are located in Martha's Vineyard and Nantucket—bows on Newbury Street today. Though it was only a simple raw space when we popped by earlier this month, Jack Wills has transformed its townhouse location on the tony shopping drag into a spectacular rah space—all prepped and poshed out in the brand's signature pinks and blues. Read more

Shopping Center Business

Shopping Center Business recently held its annual New York retail roundtable at the offices of Goulston & Storrs in Manhattan. This year, we decided to take a look at some of the national trends and see how they are affecting the tri-state area, as well as examine some ongoing projects. Read more

Paris Dispatch: London is the Cheapest Place to Buy a Rolex

I recently returned from a trip to Paris and came away with a distinct sense that London is now the shopping destination for Europeans. Read more

National Chains Zero in on Manhattan: Q&A With Madison Retail Group

The overall economy is bad and consumer spending is down, so why to so many large national chains seem to be focusing right now on expansion in New York City, a locale many of them shunned because of the perceived high cost of doing business? J.C. Penney just opened its first Manhattan store. Nordstrom is planning its advance into the city. Wal-Mart is kicking the tires, looking at some potential spaces. And many national chains that are already here are ramping up. Stephen Stephanou and Virginia Pittarelli two principals with Madison Retail Group, the brokerage firm looking for spaces for Nordstrom’s Rack concept in Manhattan, spoke with BNET about national retailers entering Manhattan and the challenges they face.

A Retail Dispatch from London

I just returned from London having been there during the second half of the Easter Holiday.  Consequently, families on vacation and tourists were in abundance in the major shopping venues in the capital.  Piccadilly Circus, Regent Street, and Oxford Street were literally teaming with people - many carrying shopping bags.  Apparently, while there is a settling of retail sales in other parts of the UK, sales in London remain strong for many retailers.  As one real estate professional mentioned to me, “this is the cheapest place to buy a Rolex, at least for Europeans,” who are benefiting from the softening of the pound against the euro.  This seems to be making London a bit like the shopping mecca that New York enjoyed until recently - where literally hordes of shoppers descended on the city seeking values. Read more

Dealmakers 2008

Tishman Speyer has honored Dealmakers for 2008 in the New York Times — Virginia M. Pittarelli (Principal/COO) and Christopher J. DeCrosta (Vice President) for The Body Shop renewal at Rockefeller Center and Stephen J. Stephanou (Principal) for the Façonnable showroom at 600 Fifth Avenue.

Retail Real Estate Report

Despite deteriorating economic conditions, the retail sector has to date continued to perform relatively well, according to brokers, developers and owners recently surveyed. CB Richard Ellis’ (CBRE) latest Global Retail Rents Survey, for example, finds that retailers are focusing on some of the major global fashion capitals, pushing rents in the world’s most expensive retail locations even higher. Read more

Navigating the Retail Sector

Moderated by Jerry France and Randall Shearin. Edited by Stephanie Mayhew.

(Feature Article, December 2008) - As developers, retailers and brokers grapple with the current economy, it is clear that even deals that used to be no brainers have become questionable. Shopping Center Business invited several retail experts to discuss the current climate and much more at its annual New York City Retail Roundtable.

CHRISTMAS TREE SHOPS SELECTS THE SHOPS AT WALDORF FOR DC METRO MARKET ENTRY

WALDORF, MD (March 2, 2009) – Madison Retail Group announced today that Christmas Tree Shops has signed a lease to occupy 35,000 square feet at The Shops at Waldorf Center (formerly The Festival At Waldorf).  The new location will be the retailer’s first location in the Washington, D.C. metropolitan market. Read more

Guess and Forever 21 Coming to Downtown DC

WASHINGTON, DC (January 26, 2009) – Madison Retail Group announced today that Principals Michael Pratt and Eric Rubin brokered leases with Forever 21 and Guess to each open stores in downtown Washington, D.C.
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