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February retail sales show biggest gain in four months
New York — U.S. retail sales rose 1% in February, boosted by job gains, the tax cut and more seasonable temperatures, the Commerce Department reported Friday. It was the highest gain in four months. Sales excluding autos increased 0.7%.
The 1% increase followed a revised 0.7% rise in January that was more than double the previous estimate, according to Commerce Department figures.
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McAlister’s Deli to open at Cochran Commons
Charlotte, N.C. -- Jacksonville, Fla.-based Regency Centers said McAlister’s Deli has leased restaurant space at Cochran Commons in Charlotte, N.C.
McAlister’s Deli has leased 3,600 sq. ft. and is slated to open this summer.
Cochran Commons is a 66,020-sq.-ft. Harris Teeter-anchored shopping center that also features Great Clips, Caribou Coffee and Walgreens.