Time Equities Inc.’s purchase of the 142,190-sq.-ft. Citrus Center in Inverness, Florida, this month was a no-brainer, according to the commercial real estate company’s retail chief.
Shareholders of Supervalu approved a reorganization of the company that may allow it to sell its remaining retail brands sooner than expected, reported the StarTribune.
Although the economy is doing well and consumers have more money in their pockets, most Americans remain value conscious and still enjoy seeking out a bargain.
Value-seeking consumers helped The TJX Cos. blow past Street estimates in its second quarter, with the chain posting strong sales increases across its divisions.