Despite strong back-to-school and fall seasons that helped American Eagle Outfitters hit its first $1 billion third quarter, the company is hedging its bets for the upcoming fourth quarter.
Velocity Retail Group has converted a double play in Phoenix, completing the sale of Mountain View Marketplace after filling its empty anchor space with a new tenant.
The parent company of such brands as Ann Taylor, Lane Bryant and Dressbarn started its fiscal year on a high note, fueled by strong sales at Ann Taylor, Loft and Justice.