-
Olshan reports good start for 2017
Among several developers reporting positive signs for leasing at the RECon Show in Las Vegas was Olshan Properties. Head of Retail Ken Marshall said media reports about retail’s downfall did not ring true at his company. “The first few months of 2017 generated significant leasing activity throughout our highly-diversified retail portfolio and, most notably, within our retail holdings that are housed in mixed-use environments,” he said, noting that the trend began last year. -
Teen apparel retailer narrows loss amid sales gains
A tough February couldn't keep Tilly's down, which reported better-than-expected results for its first quarter. The teen apparel and footwear retailer narrowed its loss in the first quarter to $161,000, or 1 cent a share, compared with a net loss of $2.7 million, or 10 cents a share, in the year-ago period. Its results were better than expected. Net sales inched up 0.6% to $120.9 million, better easily beating the Street. Same-store sales rose 0.6%.

