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General Growth Properies unveils same-day delivery, no-wait Santa visits,—and free rides via Uber
CHICAGO - In time for the holiday rush, General Growth Properties has introduced several new customer initiatives, including an arrangment with Uber to provide free trips (up to $60) to participating malls for all riders and free return trips for new Uber riders or those who spend more than $150 during their visit. The shopping center developer is providing omni-channel initiatives like same day delivery; enhanced guest experience services; and one-of-a-kind holiday attractions. -
Francesca’s Q3 net income falls 19% amid higher costs; lowers outlook
Houston – Francesca’s Holding Corp. reported that its net income dropped 19% to $7.3 million in the third quarter of fiscal 2014 from $8.7 million the same period the prior year. Increases in cost of goods sold and selling, general and administrative (SG&A) expenses drove the decline in profit. The specialty retailer also lowered its earnings outlook for the year. Francesca’s plans to open one new store in the fourth quarter, bringing total new stores opened in the fiscal year to 88.

