CHICAGO-Fannie May, a popular brand of candy here, plans to open 47 stores in the next month. It was purchased in the spring by Alpine Confections and its real estate partner North Development Co.

CHICAGO-Fannie May, a popular brand of candy here plans to open 47 stores in the next month.

DETROIT—Retail in Downtown Detroit has gone through a long twilight, but recent openings by national retailers is a sign of new life.

NORTH RANDALL, OH-New owners could sell Randall Park Mall off in parts or attempt a redevelopment, industry observer says.

CHICAGO-At its first-ever national convention outside the Washington, DC area, the mood at the National Investment Center for the Senior Housing & Care Industries seemed more positive for than in recent years. The outlook for investment in and development of seniors is looking up, according to speakers at the event.

BOLINGBROOK, IL-Best known for its industrial real estate, the village is primed to become a major focus of retail development.

NORTHBROOK, IL-Formerly an exec with Arthur Andersen, Steve Stoner is replacing F. Craig Morris as president of the real estate giant's corporate services group, which advises large corporations on real estate decisions. He comes to the job after a two-year stint at FPL Associates.

CHICAGO-Colin Dyer, a Briton with extensive experience in running international concerns, will take up the position in September. He will succeed Stuart Scott, chairman of the board of directors, who has been interim CEO since early this year.