Skip to main content

Development/Redevelopment

  • Family Dollar Q4 profit up, boosts store expansion plans

    MATTHEWS, N.C. — Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations. The discounter also reported that its fiscal fourth-quarter net income rose 8%.

    “In fiscal 2012, we intend to accelerate investments to drive sales and profitability,” said Howard Levine, chairman and CEO.

  • Family Dollar to open 450 to 500 stores in new fiscal year; Q4 profit up 8%

    Matthews, N.C. -- Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations. The discounter also reported that its fiscal fourth-quarter net income rose 8%.

    “In fiscal 2012, we intend to accelerate investments to drive sales and profitability,” said Howard Levine, chairman and CEO.

  • Kohl’s celebrates opening 30 stores; remodeling 100 locations

    Menomonee Falls, Wis. -- Kohl’s Department Stores on Wednesday marked the grand opening of 30 stores across 20 states. The company announced it also is remodeling approximately 100 stores this year, an 18% increase from 2010.

  • Walgreens profit leaps 69% in Q4

    DEERFIELD, Ill. — Walgreens reported Tuesday that profit for its fiscal fourth quarter surged 69%, in part due to gains from the $525 million sale of its pharmacy benefits management business Walgreens Health Initiatives during the quarter.

    Net income for the quarter ended Aug. 31 rose to $792 million, up from $470 million in the year-ago period and surpassing Wall Street expectations.

    Revenue rose 6.5% to $18 billion and same-store sales increased 4.4%.

  • Focus on: Retail Finance

  • Limited Edition Retail

  • LaVida Massage to open new center

    Marietta, Ga. -- LaVida Massage said it will open a new location in Marietta, Ga., on Lower Roswell Rd.

    The newest location is slated to open Oct. 1 in 3,000 sq. ft., and is owned and managed by Georgia Master Developers Terry Sharp and Duane Goodwin.

  • AT&T opens at Huntley Grove

    Huntley, Ill. -- Tucker Development Corp. said that AT&T has opened a new store at Huntley Grove, the developer’s 350,000-sq.-ft., multi-tenant shopping center in Huntley, Ill.

    AT&T occupies a 1,000-sq.-ft. space at the center.

    Huntley Grove is anchored by a 176,000-sq.-ft. Walmart Supercenter, joined by State Farm, T-Mobile, AutoZone, The UPS Store and Jimano’s Pizzeria.
     

X
This ad will auto-close in 10 seconds