Breaking News and Insights on Retail: From Shopping Malls to Supermarkets. Updated by a real person. Online since 2006.

Mid-Atlantic Region
Joined November 2009
Publix to Anchor Retail at 82-Acre Cadia Matthews Mixed-Use Development Read the full article below... cremarketbeat.com/publix-to-… #CRE #retail
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IKEA to Close Annapolis Store at Annapolis Harbour Center eyeonannapolis.net/2026/10/i…
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Other high-profile @Belk locations that have closed in metro Atlanta include North Point Mall (2009 - Former Lord & Taylor), Gwinnett Place Mall (2013 - Former Parisian), Phipps Plaza (2018 - Former Parisian) and Town Center at Cobb (2025 - Former Parisian)
#Belk is set to close its Forum at Peachtree store in metro Atlanta’s suburb of Norcross. Open since 2002, the store is 66,048 square feet according to owner Jamestown, who jointly owns the center with Nuveen. #atlanta #norcross
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#BirminghamAL: the state's original lifestyle center #TheSummit has a new owner: Originally developed by Bayer in 1997 with many first-to-market tenants including the only Saks in Alabama (2001-2026). Current notable tenants are Apple, Trader Joe's, RH, Nordstrom Rack, and Belk.
🛍️ Federal Realty Investment Trust Acquires Alabama’s #1 Retail Destination for $580 Million $FRT Federal Realty Investment Trust has officially acquired The Summit—Alabama's premier retail destination—for $508 million ($498 million on a net basis). This historic transaction marks the first sale in the property’s 30+ year history adding an irreplaceable trophy asset to Federal Realty's portfolio. 📍 Spanning 100 acres and ~870,000 sq. ft. in Birmingham, AL at the intersection of I-459 and U.S. 280, flanked by two of the region's wealthiest communities (Mountain Brook and Vestavia Hills). 👥 Serves a metro market of 1.2M+ people with an average 5-mile household income of ~$193,000. 🛍️ Alabama’s most-visited retail destination, drawing nearly 9 million annual visits with a broad 100-mile trade area (per Placer.ai). 🏬 Features 110+ premier brands including Apple, Trader Joe's, Sephora, Alo Yoga, RH, Nordstrom Rack, and North Italia. 🔒 Over 30 tenants operate their sole Alabama location at The Summit, with new brands like Aritzia, Reformation, and LoveShackFancy recently signing on. 📈 Currently 92% occupied with signed leases already set to increase occupancy, plus significant mark-to-market revenue potential over the next 5 years. 💰 Transaction is immediately accretive to FFO (Funds From Operations) per share. 💳 Funded via asset sale proceeds, free cash flow, and recent convertible notes. 🌐 Grows Federal Realty’s Central Region to 7 properties totaling ~2.7 million sq. ft. across Chicago, Kansas City, Omaha, and Birmingham. 🏛️ Joins iconic open-air assets in the FRT portfolio, such as Santana Row (San Jose), Assembly Row (Somerville), and CocoWalk (Coconut Grove). ir.federalrealty.com/news-re…
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#Belk is set to close its Forum at Peachtree store in metro Atlanta’s suburb of Norcross. Open since 2002, the store is 66,048 square feet according to owner Jamestown, who jointly owns the center with Nuveen. #atlanta #norcross
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A RARE look at the #BelkTyler at the now defunct/filled in #WashingtonSquareMall in #WashingtonNC. #Belk
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Here is an AI-enhanced version of the photo:
🤖 Made with AI
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Used the power of AI to enhance some old photos of the #Sears at #Charlotte's #SouthPark. This was an original anchor tenant of the mall from 1970 until it was torn down for West Plaza in 2004 @SouthParkMallNC. Does this bring back memories for any of you? #CLT @CLTdevelopment
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#MongomeryWard at #SpotsylvaniaTowneCentre in #Fredericksburg Virginia - this throwback photo was posted on the Cafaro-owned mall’s Facebook page. Today, a Costco occupies the space that was formerly the Montgomery Ward department store location.
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With Publix coming, #Charlottesville's conventional grocery options will expand to the following: Food Lion Giant Harris Teeter Kroger Publix Wegmans Plus specialty, independent and big box: Aldi Costco Sam's Club Target Trader Joe's Walmart Whole Foods Food of all Nations
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In recent years, both Lidl and Fresh Market tried stores in the market but both closed within a few years of opening.
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More Information: The first Publix for greater Charlottesville will be just south of Ruckersville, technically with a Barboursville, VA address as a part of the Terrace Greene development: cvillerightnow.com/news/2088…
#Publix is coming to the #Charlottesville area north of the city in Greene County:
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Grocerying retweeted
A beloved Cabarrus County movie theater abruptly announced Monday morning that it is closing permanently. 💔🎬 Details here: bitl.to/64cz
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#Publix is coming to the #Charlottesville area north of the city in Greene County:
Publix has more than 1,400 grocery stores throughout the Southeast, but none near Charlottesville. That's about to change. ➡️ Find link to story in bio
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