Latest news with #TheFeilOrganization
3 days ago
- Business
Trader Joe's to open 1st location in New Orleans
The new store will open Thursday, Aug. 14. 0:56 Trader Joe's is bringing its store to a new community. The California-based grocery chain announced Monday that it will open a new location in New Orleans, Louisiana, at 2501 Tulane Ave., marking its debut in The Crescent City, according to a press release. The grand opening is set for Thursday, Aug. 14, at 9 a.m., with the store open daily from 9 a.m. to 9 p.m. 'Please join Captain Rachelle and Crew for the Grand Opening Celebration,' the announcement read. 'We look forward to seeing you!' Colette Wharton, regional director and asset manager at The Feil Organization, the real estate company that owns the land the location sits on, called the opening a proud milestone for both the company and the community. 'Bringing the first Trader Joe's to New Orleans is not just a milestone for the vitality of the Tulane Avenue corridor -- it's a proud moment for the Feil Organization after years of collaboration and a meaningful win for the entire community,' Wharton said in the release. 'From day one, our goal was to unlock the potential of this premier location to deliver lasting value to the region. The arrival of Trader Joe's is a testament to that vision, and we're incredibly grateful to our exceptional planning, design, construction, and development partners for helping bring it to life.' The New Orleans store will be Trader Joe's third in Louisiana, joining locations in Metairie and Baton Rouge.
Axios
4 days ago
- Business
- Axios
Trader Joe's to open first New Orleans store this week
Trader Joe's will open its first store in New Orleans on Thursday, with another to follow later. Why it matters: The grocer's expansion raises the stakes in southeast Louisiana's crowded grocery scene. The big picture: The Mid-City store opens Thursday morning at 2501 Tulane Ave., says The Feil Organization, which owns the property. Trader Joe's also has a store in the works at the corner of Napoleon Avenue and Freret Street, according to its website. It already has locations in Metairie and Baton Rouge. Zoom in: Trader Joe's sells products under its own label, and shoppers often view the items as dupes for higher-priced options elsewhere. The grocer is known for its frozen items, cheap wine, creative snacks (pickle popcorn!), fresh flowers, beauty products and customer service. Zoom out: Trader Joe's has less than 1% market share of the New Orleans grocery market as of last year, according to Chain Store Guide. Walmart is the top dog with 38.2%, followed by Rouses, Sam's Club, Costco and Winn-Dixie, the data shows. Go deeper.
Yahoo
31-03-2025
- Business
- Yahoo
Foot Locker, Inc. Announces Plans for its Global Headquarters in St. Petersburg, Florida
The Fortune 500 company has leased 111,000 square feet at The Feil Organization's 570 Carillon Parkway ST. PETERSBURG, Fla., March 31, 2025--(BUSINESS WIRE)--The Feil Organization, a premier national real estate investment firm, announced today that Foot Locker, Inc., a leading footwear and apparel retailer, has signed a 110,998-square-foot, long-term office lease to relocate its global headquarters to 570 Carillon Parkway, a premier Class A office property in the heart of St. Petersburg, Florida. "We're thrilled to learn that Foot Locker has secured its move to St. Petersburg with a major presence in the Carillon area," said Mayor Kenneth T. Welch. "When a Fortune 500 company relocates its headquarters, its leadership, and its team members to the Tampa Bay region, it's an investment in the promise of St. Pete's culture, workforce, and local economy. As we continue our support of Foot Locker's transition to our city, we remain committed to sustaining an impactful business environment so companies of all sizes can call St. Petersburg home." "We're proud to establish our new headquarters in St. Petersburg, a city that has warmly welcomed Foot Locker, Inc.," said Frank Bracken, President of Foot Locker, Inc. "As we accelerate our Lace Up Plan, we believe the metropolitan Tampa Bay area provides the perfect environment to align our internal teams, attract top talent, and connect with the local community. With many of our team members already calling this city home, we're excited to deepen our roots, foster connectivity, and create greater alignment and inspiration for our team and brand partners to bring sneaker culture to life." "Welcoming Foot Locker, Inc. to St. Petersburg underscores 570 Carillon's preeminent position as a premier office space where high-profile organizations can grow and thrive," said Andrew Wiener, Head of Commercial Office Leasing at The Feil Organization. "We continue to see prominent companies prioritizing Southwest Florida as an opportunity for both headquarters and satellite locations. Leading companies recognize that the region offers employees a high quality of life, Class A work spaces and abundant amenities that both attract and retain valuable talent." Foot Locker, Inc.'s move to 570 Carillon represents its commitment to community and connectivity as it continues to ignite sneaker culture and unlock business opportunities through the execution of its Lace Up Plan. The retailer first announced plans to relocate its headquarters to St. Petersburg in the third quarter of 2024. 570 Carillon, located in the prestigious Carillon Business Park, provides a prime office location with extensive renovations to its lobby and common areas. The building is ideally situated next to walking trails, restaurants, hotels, retail shops, banks and residential neighborhoods. In the heart of the Gateway Business District, it provides easy access to major thoroughfares such as I-275, Ulmerton Road and Roosevelt Boulevard. With 250,000 rentable square feet across five stories, this Class A office building offers on-site amenities, including a café, fitness center, 24/7 building access and high-speed cable and fiber services. Foot Locker, Inc. was represented by Lee Winter and Caleb Lewis of JLL. The Feil Organization was represented in-house by Andrew Wiener and Barry Hanerfeld and Molly Molloy Catlett of CBRE. About the Feil OrganizationThe Feil Organization is a real estate investment, management, and development firm based in New York City with over 70 years of expertise. Feil's diverse portfolio commands over 24 million square feet in industrial, commercial, and retail, over 5,000 residential properties, and thousands of acres of undeveloped land across the United States. About Foot Locker, Locker, Inc. is a leading footwear and apparel retailer that unlocks the "inner sneakerhead" in all of us. With approximately 2,400 retail stores in 26 countries across North America, Europe, Asia, Australia, and New Zealand, and a licensed store presence in Europe, the Middle East and Asia, Foot Locker has a strong history of sneaker authority that sparks discovery and ignites the power of sneaker culture through its portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos. About JLLFor over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit Foot Locker, Inc. Disclosure Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the federal securities laws about Foot Locker, Inc. Other than statements of historical facts, all statements which address activities, events, or developments that Foot Locker, Inc. anticipates will or may occur in the future, including, but not limited to, such things as future strategic plans, financial objectives, financial outlook and other such matters, are forward-looking statements. These forward-looking statements are based on many assumptions and factors, which are detailed in Foot Locker, Inc.'s filings with the U.S. Securities and Exchange Commission. These forward-looking statements are based largely on Foot Locker, Inc.'s expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond its control. For additional discussion regarding risks and uncertainties that may affect forward-looking statements, see "Risk Factors" disclosed in Foot Locker, Inc.'s Annual Report on Form 10-K for the year ended February 1, 2025, filed on March 27, 2025, and subsequent filings. Any changes in such assumptions or factors could produce significantly different results. Foot Locker, Inc. undertakes no obligation to update the forward-looking statements, whether due to new information, future events, or otherwise. View source version on Contacts Media Contact BerlinRosenfeil@ Foot Locker Media RelationsDana Yacyk, VP, Communicationsmediarelations@ Foot Locker Investor Relations Kate Fitzsimons, Senior Director, Investor Relationsir@
