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Finance & Capital Management

  • Fast-growing teen value retailer enters California

    Five Below is making its West Coast debut.   The retailer will open stores on Friday, April 21, in Aliso Viejo, Anaheim, Compton, Hawthorne, Montebello, Fontana, Rancho Cucamonga, South Gate and Redlands. The stores mark the company’s first West Coast locations, bringing its reach to approximately 550 stores in 32 states.  
  • Vermont mall project back on track with Rouse involvement

    Rouse properties has announced plans to enter into a joint venture agreement with Devonwood Investors in the transformation of an outdated Burlington, Vermont, mall into a mixed-use center. The deal is expected to be closed in the coming weeks.   Burlington Town Center, a traditional enclosed mall in the center of the state’s largest city, is to be converted into a modern apartment block including restaurants and an upgraded retail component.  
  • Washington Spotlight: Retail Caught in the Middle – Here We Go Again

    With healthcare reform appearing to be placed on the back burner – at least for now – attention in Washington, D.C. is turning to corporate tax reform. Corporate tax reform is much sticker issue and many of the political dynamics that doomed the healthcare effort seem to be falling into place in much the same way in this conversation. And that could be a real problem for retail operators.  
  • Report: Beauty retailer attracts suitors

    An array of private equity firms are interested in The Body Shop.   The beauty retailer, which is owned by cosmetics giant L’Oreal, has drawn bids from around 15 private equity firms and companies, including Bain Capital, CVC Capital Partners, Carlyle Group LP and South Korea’s CJ Group, Bloomberg reported.   
  • Toy retailer reports ‘disappointing’ year

    Toys “R” Us reported declines in same-store sales for its fourth quarter and full year amid a highly competitive environment.   
  • Report sends Amazon’s stock price surges

    Amazon’s upward trajectory is not going to stop anytime soon — and it’s not going unnoticed on Wall Street.  
  • Walgreens expanding its in-store beauty format

    Walgreens is increasing its in-store beauty presence.

  • Office supplies giant honored for energy efficiency

    Staples has been named a 2017 Energy Star Partner of the Year – Sustained Excellence Award winner for continued leadership in protecting the environment through superior energy efficiency achievements. It is the eighth year in a row the company has been so honored.   
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