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Walmart Neighborhood Market opens at Esplanade Shopping Center
Oxnard, Calif. -- Brixmor Property Group announced the grand opening on November 14 of a 32,906-sq.-ft. Walmart Neighborhood Market at Esplanade Shopping Center, located in Oxnard, Calif.
Walmart Neighborhood Market will be celebrating its opening only weeks following the grand opening of another new retailer at Esplanade Shopping Center, Dick’s Sporting Goods.
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Lowe’s looking better with room for improvement
Positive same-store sales in 12 of 14 merchandise categories at Lowe’s pushed third-quarter profits up 76%.
Lowe's reported third-quarter net income of $396 million, up 76% from earnings of $225 million a year ago on revenues that increased 2% to $12.07 billion, ahead of consensus estimates of $11.93 billion. Same-store sales increased 1.8%.
Lowe’s president and CEO Robert Niblock called the results solid and said the company is focused on improving execution, delivering value and increasing product differentiation.