Reports of the death of the regional enclosed mall are greatly exaggerated, according to a report from one of the nation’s largest owners of such properties.
Nearly 10 years after it went out of business, a former rival of Toys “R” Us may return to the scene in the wake of the toy giant’s plan to liquidate its U.S. operations.
February retail sales inched up 0.3% seasonally adjusted over January and 4.4% year-over-year as the economy continued to grow, according to the National Retail Federation.
On the surface, the results from Lowe's look somewhat disappointing: total sales are down by 1.8%, while net income dropped by 16.4%. In fact, all of this decline is because there was one less week of trading compared to last year.