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News Updates: October 2006
All updates
from the month of October 2006 are listed below.
Macy's headed to Chestnut Hill, renovations
headed to Natick
Written by Justin on October 30, 2006 at 10:39PM
- Out
to the east in Chestnut Hill, Bloomingdale's is set to move its women's
store on November 10th from a stand-alone outlet on Hammond Pond Pkwy.
to the former Filene's building at The Mall at Chestnut Hill, following
extensive renovations that added nearly 65,000 sq. ft. to the
building.
- What's
happening to the old Bloomingdale's, you might ask? It's set to become
one of Macy's 10 most upscale locations in the country when it opens
next March, with an upscale assortment of products ranging from Eileen
Fisher jackets to 7 For All Mankind jeans. What Federated aims to gain
from opening an Macy's that sells Eileen Fisher and Sevens next to two
existing Bloomingdale's is yet to be seen... could they be locked into
a long-term lease?
- Of
course, there's a MetroWest link to the story too. In the article,
Federated CEO Terry Lundgren mentioned that the Natick Macy's,
currently housed in the former Filene's building, is slated for a
much-needed renovation in the near future, but will it happen before
the mall expansion opens in less than one year from now? A renovation
is also planned at Macy's Downtown Crossing store. The article also
mentions that Bloomingdale's is scoping out a second site in the Boston
area, and the Lord & Taylor at Prudential Center was close to
becoming it had L&T's new owners not had as much interest in the
building.
- The Boston Globe has
more on Macy's plans at http://www.boston.com/business/globe/articles/2006/10/24/macys_going_upscale_at_new_chestnut_hill_store/.
Around the triangle... Lowe's in December,
"Natick" re-opens in November
Written by Justin on October 30, 2006 at 10:12PM
- Sorry for the lack of updates
lately; I've been very busy. It's not that there has been a ton of
stuff going on, but nevertheless, here's the latest scoop.
- What's going on with Lowe's?
The store is indeed being stocked as we speak, and all indications are
that the store will open in early December rather than the rumored
October 30th date... which would have been today, ironically.
- The Natick Mall (or should we
say Natick) will have a Grand Reopening ceremony on November 17. The
ceremony is set to include a fashion show as well a press conference,
featuring remarks from project officials... and could there be some
store announcements for the expansion in store as well? Stay tuned.
- A small fire at the mall
several days ago was quickly resolved... the MWDN has more at http://www.metrowestdailynews.com/localRegional/view.bg?articleid=143971.
And there's a new kiosk that sells nothing but beads... read more at http://www.metrowestdailynews.com/businessNews/view.bg?articleid=144032.
Around
the triangle... Lowe's, Legal's, and
more
Written by Justin on October 15, 2006 at 1:01AM
- There hasn't exactly been a ton
of retail news lately, but here are the highlights of what's going on
in the Golden Triangle.
- Lowe's appears to have received
its occupancy permit as scheduled on October 13th; the store's parking
lot was filled yesterday, presumably with employees stocking the store.
Rumor has it that the store could be opening as early as October 30....
stay tuned.
- The MWDN recently printed a
feature story about the new condos at the Natick Mall. Apparently Otis
& Ahern, the mall's realtor for the condos, has gutted seven rooms
on the top floor of the nearby Hampton Inn to give potential condo
owners a perspective of what the view will be like for residents.
Perhaps the most interesting part of the article has nothing to do with
condos; the article mentions that the mall will have 6 "white-table"
restaurants (in the past, the mall had stated 4 or 5), including the
first non-anchor tenant announced.... a Legal's Test Kitchen. You can
check that article out at http://www.metrowestdailynews.com/businessNews/view.bg?articleid=142222.
- A Rochester Big & Tall will
soon open in Natick at 1400 Worcester Street, in the plaza that houses
Skipjack's and Sleepy's. Rochester Big & Tall is a high-end store
featuring brands such as Tommy Bahama and Burberry, and the Natick
store will serve as the company's second store in the state and 25th
store chainwide. Rochester is owned by Casual Male Retail Group; all
indications are that the company's existing store on Route 9 in
Framingham which operates under the "Casual Male XL" moniker will be
unaffected by the new Rochester store. Further information can be found
at the Worcester Business Journal's website at http://wbjournal.com/j/index.php?option=com_content&task=view&id=595&Itemid=129.
Natick Mall expansion almost ready to
"top-off"
Written by Justin on October 2, 2006 at 1:08PM
- The Natick Mall expansion will
have a "topping-off" ceremony this Friday. A topping-off ceremony marks
the point at which the construction has reached it's top height, and
consists of the installation of the final important structural beam.
"Eastern Arts" case finalized for $10k
Written by Justin on October 2, 2006 at 1:01PM
- Remember that case regarding a
store at the Natick Mall selling illegal weapons? It's been settled at
last.
- The owner of Eastern Arts, a
martial arts store at the Natick Mall, pled guilty earlier this week
and agreed to pay a $10,000 fine. As you may recall, police confiscated
the weapons and mall management shuttered the store following the
incident last July.
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