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Event Draws Growing Retailers

CHICAGO-Retailers at the ICSC 2005 Midwest Retailers Lunch discuss expansion plans and site qualifications.

By Dana Dubriwny | Updated on July 22, 2005

CHICAGO-Nearly 350 members of the retail industry gathered in the grand ballroom of Navy Pier Thursday for the ICSC 2005 Midwest Retailers Lunch and Roundtable Discussions. Richard Wolf, senior leasing representative with Urban Retail Properties Co., moderated the event.

As a microphone passed from table to table, retailers told of their ideal locations in regard to square footage, consumer demographics and retail neighbors. Represented retailers included Sam’s Wine and Spirits, Home Depot, Walgreens, 7-Eleven, CVS, Great Clips, Charming Shoppes, Dominick’s, Starbucks, TJ Maxx, Hallmark Cards, Staples, Export Fitness, Factory Card and Party Outlet, Fitness 19, Quiznos, Panera Bread, JoS A. Banks, Jimmy Johns, Wow!, Pot Belly Sandwich Works, Homemade Pizza, Noodles & Co., and Dunkin’ Brands. Every retailer in attendance articulated interest in Windy-City expansions.

Expressing the most aggressive expansion plans for the Chicago market, Dunkin’ Brands development manager James Weidling said the company is planning 50 new Chicago locations this year, 60 next year, and 70 in 2007. These locations include Dunkin’ Donuts shops as well as co-retailed shops. “We consider Chicago a high-growth market,” Weidling said. “We’re looking everywhere; there are a number of holes in the market.” The company is also looking to expand in several other Illinois’ cities including Rockford, Decatur, Bloomington/Normal and Springfield.

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