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Trademark appoints Toppel executive VP
Fort Worth, Texas – Trademark Property Co. has named Steven W. Toppel to the post of executive VP. Toppel will begin his new role June 3.
With more than 28 years of experience in commercial real estate, Toppel will oversee leasing for Trademark’s portfolio of lifestyle centers, malls, and mixed-use developments.
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Express to close 50 stores following weak first quarter
Express plans to close approximately 50 stores during the next 36 months, primarily at the end of their leases, following a weaker-than-expected first quarter.
The company’s profit dropped to $5.08 million, from $32.4 million a year earlier. Sales decreased to $460.7 million, from $509.4 million, while Same-store sales fell 11%.