Sonae Sierra Brasil's Boulevard Londrina Shopping, in Paraná, Brazil, has opened its doors. The retail center is 88% leased to such tenants as Centauro, Arezzo, Riachuelo, Artex, Renner, Marisa, Magazine Luiza, Kalunga and Hering.
Nanuet Mall in Rockland County, N.Y., is being redeveloped by Simon Property Group into The Shops at Nanuet. The new concept is an "open-air regional main street," designed to differentiate the retail center from nearby competitors.
Attendance at RECon, which will launch on May 19 in Las Vegas, is expected to be the highest it has been since before the recession, at 33,000. Also, some 1,000 companies will be exhibiting at the conference.
Slow September sales and excess inventory have forced Nordstrom to discount current merchandise and lower earnings forecasts. The high-end retailer had performed well for most of the year despite the slow sales experienced by other companies.