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Ross, Panera and Massage Envy to open at The Shoppes of Madison
Madison, Ala. -- GBT Realty Corp. announced that three new tenants have signed leases at its Shoppes at Madison property, a Target-anchored center slated to open in March 2012.
The newest tenants include a 22,000-sq.-ft. Ross Dress for Less store, Massage Envy, and a 4,000-sq.-ft. freestanding Panera Bread.
Together, these tenants join Target and 13 additional local, regional and national retailers, to bring the shopping center’s occupancy to 95%. -
Black Friday is Back!
Well, another Black Friday has come and gone. And, much to the surprise of many (myself included), it did so with a bang. General consensus is that the Black Friday sales bonanza was a rousing success, and the numbers certainly support that: ShopperTrak reported that Black Friday sales increased 6.6% over the 2010 numbers, with a record-breaking $11.4 billion in purchases. More people were out and about — foot traffic reports show an increase of about 5% over last year, which is good news for the brick and mortar guys.