-
Fashion Outlets of Chicago announces retail lineup
Chicago -- AWE Talisman and Macerich announced Monday that Fashion Outlets of Chicago will open on August 1 in Rosemont, Ill., featuring Bloomingdale's The Outlet Store, Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th and 120 additional brands.
The two-level, 530,000-sq.-ft. outlet mall is the first fully enclosed, multi-level property with this level of amenities in the Chicago area in more than two decades, according to both companies.
-
Target Q4 slips but tops Street; will open 124 stores in Canada by yearend
Minneapolis -- Target Corp. reported Wednesday a profit of $961 million for the fourth quarter, down from $981 million in the year-ago period. The profit slip reflected expenses related to its Canadian market entry along with a spending slowdown during the holiday sales period. It was Target's weakest holiday season performance since 2008. But its adjusted results beat analysts' estimates and it forecast first-quarter earnings above Wall Street's view.