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Yelp

  • Flat apparel comps reflect overall mixed bag

    NEW YORK — Target's flat apparel and accessories for the month of November reflected a mixed sales environment across the department-store and specialty-apparel sectors as the economy continues to affect discretionary spending.

  • Retailers report strong November sales

    New York City -- Most retailers are reporting strong sales gains in November, with their performance boosted by heavy traffic over a promotion-fueled Black Friday weekend. Among the retailers that reported results beating Wall Street expectations were Macy’s, Costco Wholesale, Limited Brands and The Buckle.

    Target was a notable exception in November, reporting a same-store sales gain of 1.8%, missing Wall Street’s expected 2.8% gain.

  • Sabre Real Estate names VP

    Garden City, N.J. -- Sabre Real Estate Group said that Anthony Russo has joined the New York metropolitan area’s newest retail real estate brokerage, Sabre Realty Group LLC, as VP.

    Russo began his career with Bagnato Realty Services, now called NAI Long Island.
     

  • Dunkin’ Donuts signs agreement for 12 locations in Des Moines

    Canton, Mass. -- Dunkin' Donuts announced the signing of a multi-unit store development agreement with father and son team, Jim and Drew Cownie for 12 new restaurants in Des Moines, Iowa.

    The first restaurant is slated to open in 2012 and the remainder by 2018.

  • October offers mixed bag for apparel retailers

    The low single-digit apparel-and-accessories comps increase Target reported in October put the company squarely in the middle of the pack with department store and specialty apparel competitors.

  • Limited Brands launches $250M buyback

    Columbus, Ohio -- Limited Brands, parent to Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, said Thursday it will buy back up to $250 million of its shares.

    The new share repurchase program follows the completion of a $500 million share repurchase program. So far this year, Limited has repurchased $1.1 billion worth of its stock.
     

  • Zale names new real estate head

    DALLAS — Zale Corp. announced that Subha Ramesh has been named SVP real estate. Ramesh will report to Matt Appel, chief administrative officer.

  • KeyPoint Partners to manage, lease Crossings at Fox Run

    Newington, N.H. -- Burlington, Mass.-based KeyPoint Partners said it has been awarded the property management and leasing contracts for The Crossings at Fox Run, a 475,000-sq.-ft. power center in Newington, N.H.

    The property will be handled out of the firm’s Burlington, Mass., corporate headquarters. Heitman LLC awarded the contracts.

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