SECAUCUS, NJ-Children's Place Stores, which bought the chain last year, plans to double its 300 units.

DALLAS-Besides the company's bid for Hollywood Entertainment, Blockbuster has launched a number of new initiatives.

TROY, MI-Kmart outlined Sears' off-mall growth in its annual report and also posted a Q4 profit of $309 million.

CINCINNATI-Wal-Mart will continue to move into the grocery industry, chairman and CEO says.

RICHMOND, VA-The company has also authorized a $400 million increase in its stock repurchase program, brining it to $800 million.

TOKI, JAPAN-The 178,000-sf retail development is owned by Chelsea Japan, a partnership between Simon, Japan-based real estate company Mitsubishi Estate Co. Ltd. and multi-business conglomerate Nisho Iwai Corp. It is the group's fifth center in Japan in the last five years, and more are in the works.

NEW YORK CITY-Footwear and drugstore chains were the best-performing sectors, while furniture stores posted a loss.

MCLEAN, VA-The developer plans to add three million sf of residential and offices to the two million-sf super-regional mall.