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  • EDENS Names Rob Wyant as COO

    Bethesda, Md. -- EDENS announced the appointment of Rob Wyant as COO. Wyant brings over 30 years of experience in the retail real estate industry, with most of his career spent at General Growth and Westfield. He will use his vast knowledge in leasing, property managements, legal and tenant coordination functions, to inspire operational excellence at EDENS.

  • American Apparel still on the slide

    American Apparel’s preliminary results for its third quarter are not looking very good.

  • J.C. Penney comps up 6.4% amid legal settlement

    J.C. Penney says the company's third quarter results will "exceed expectations" despite a $50 million settlement charge to settle a false advertising class action lawsuit.

    The company announced Wednesday that it has reached an agreement to settle a false advertising class action lawsuit brought on behalf of California customers who purchased certain J.C. Penney private or exclusive branded products.

  • New café opens in Texas development

    Top Pot Doughnuts will open its third Texas retail café at the new Richardson CityLine development located in Richardson.

    The Seattle-based doughnut and coffee chain operates 20 stores in the Seattle-Tacoma and Dallas areas.

    "We are thrilled to be a part of CityLine,” saidTop Pot Doughnuts co-founder Mark Klebeck. "We look forward to serving the businesses in this highly anticipated development as well as the residents of Richardson and Plano.”

  • Kroger to buy Roundy’s in $800 million deal

    The Kroger Co. on Wednesday announced plans to acquire Roundy's. Kroger will purchase all outstanding shares of Roundy's for $3.60 per share in cash in a deal valued at $800 million, including the assumption of debt.

  • Update on American Apparel

    American Apparel’s preliminary results for its third quarter are not looking very good.

    The beleaguered retailer said it could not meet the deadline to file a quarterly report for the three months ended Sept. 30, noting that efforts related to its Chapter 11 bankruptcy filing in October have taken up a good deal of its time.

    But American Apparel released estimates in which net sales for the quarter were down 19.1% to $126 million.

  • JCPenney comps up 6.4% amid legal settlement

    JCPenney says the company's third quarter results will "exceed expectations" despite a $50 million settlement charge to settle a false advertising class action lawsuit. 

    The company announced Wednesday that it has reached an agreement to settle a false advertising class action lawsuit brought on behalf of California customers who purchased certain JCPenney private or exclusive branded products.

  • True Value dives deeper into rewards

    When Blake Fohl addressed the True Value Company’s retailers at the co-op’s most recent Reunion in Chicago, he let them in on a secret: The True Value Rewards program had gone “in-house.”

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