American Dream, the Ghermezian family’s New Jersey mega-mall, will open the retail wing of the 3-million-plus-sq.-ft. property on March 19, according to a report on CNBC.
TJX. Cos. showed the strength of its off-price model in the fourth quarter with sales and earnings that beat expectations amid increased store traffic. All its banners came up as winners.
A real-estate focused venture capital firm closed a $100 million vehicle that aims to invest in emerging brands and retail concepts to accelerate their physical store expansion.