CBL & Associates Properties, Inc. (NYSE: CBL) today announced that a new
Ross Dress for Less and Ulta Beauty are coming to Randolph Mall in
Asheboro, North Carolina. The two new stores will be situated in the
former JC Penney location. Construction is expected to begin in October
with the grand opening for both stores scheduled for 2016.
“Redeveloping anchor locations is a great opportunity to both create
value in our centers and to satisfy the strong retail demand for CBL
properties,” said Stephen Lebovitz, president and chief executive
officer, CBL & Associates Properties, Inc. “The additions of Ross Dress
for Less and Ulta Beauty represent our ongoing commitment to reinvest in
the growth of Randolph Mall and to provide shoppers with a broader range
of shopping options.”
Randolph Mall is a 400,000-square-foot mall featuring more than 40
specialty stores and is anchored by Belk, Dunham’s Sports, and Sears.
For more information, visit ShopRandolphMall.com
or Facebook.com/RandolphMall.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls
and shopping centers in the United States. CBL owns, holds interests in
or manages 148 properties, including 89 regional malls/open-air centers.
The properties are located in 30 states and total 84.2 million square
feet including 6.5 million square feet of non-owned shopping centers
managed for third parties. Headquartered in Chattanooga, TN, CBL has
regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St.
Louis, MO. Additional information can be found at cblproperties.com.
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