-
Stiles completes Coral Ridge Center in Fort Lauderdale
The Enclave Shops at Coral Ridge outside of Fort Lauderdale is complete and its Fresh Market anchor has opened its doors. Its developer, Stiles, partnered with local businessman Phil Smith to build the surrounding residential community, The Enclave at Coral Ridge Country Club. The Fresh Market has been a draw to other prospective retail tenants at the 27,300-sq.-ft. center, according to Stiles VP of realty Mike Carpenter. -
Another department store retailer is getting a new CEO
It’s the end of an era for Belk Inc. The retailer announced that Tim Belk will retire as CEO of the company in July 2016. Lisa Harper, CEO of Hot Topic, will succeed Belk as CEO, effective July 5. The news comes less than a year after Belk, which operates 293 stores in 16 Southern states, was acquired in a $3 billion deal by Sycamore Partners. The private equity firm also owns Hot Topic.

