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  • Mid-America to represent Yoga Six in new tenant roll-out

    Chicago -- Mid-America Real Estate Corporation has recently been retained as an agent on behalf of Yoga Six during its multiple store roll-out in the Chicago area.

    Yoga Six has signed two new leases in the Chicago area. The retailer signed on for 6,626 sq. ft. at 1150 North State in Gold Coast and 6,028 sq. ft. at Roosevelt Collection in South Loop. The yoga studio currently has one location in Lincoln Park and plans to open five stores in the Chicago area by 2015.

     

  • Dollar General remains committed to buying Family Dollar

    Goodlettsville, Tenn. -- Dollar General Corp. on Thursday reported earnings of $251.3 million for the second quarter, in line with expectations, even as its sales decelerated. The company also said it still wants to buy Family Dollar Stores, even though the rival discounter rejected Dollar General’s bid of its $8.95 billion offer last week.

  • Four tenants join Shoppes at Susquehanna Marketplace

    Harrisburg, Pa. -- The Shoppes at Susquehanna Marketplace, in Susquehanna Township, Pennsylvania, is celebrating its 10th anniversary by adding dining, spa services and two in-demand retailers, announced The Shoppes’ owner and developer, Stanbery Development.

  • Specialty Running Group names RunOn founder as senior advisor

    Denver - The Running Specialty Group, part of The Finish Line Inc. organization, has appointed Bob Wallace as senior advisor, strategic initiatives. Wallace founded specialty running retail chain RunON, which Running Specialty Group purchased in 2012.

    Wallace will serve as a key counselor to strategically plan and integrate growth opportunities surrounding industry trends while focusing on attaining operational excellence and being an ambassador to the running community. He entered the specialty running business in 1995.

     

  • Abercrombie & Fitch sees ‘modest improvement’ during BTS season

    Abercrombie & Fitch credited an ongoing profit improvement initiative as driving its net income growth in the second quarter, which increased 13% to $12.9 million, from $11.4 million a year ago, and beat Wall Street estimates.

    But the company’s revenue decreased 5.8% to $890.6 million in the quarter, and same-store sales dropped 7%, with U.S. same-store sales down 5%. The third quarter may see some progress, however, since it will include back-to-school sales.

  • JLL adds trio of retail experts in Florida

    Orlando, Fla. -- JLL continues to build its retail brokerage practice in Florida with the addition of Andrew Dieringer, Terrence Hart and Brandon Delanois. The trio bring more than 40 years of retail agency leasing and tenant representation experience to the team, and will be based in the firm’s Orlando office. Together, they will partner with John Lambert, Florida Retail Market Lead for JLL, and Justin Greider, VP of JLL, to help investors achieve their asset goals and work with retailers to identify and secure optimal new locations.

  • Zale business cuts Signet Q2 profit, boosts sales

    Hamilton, Bermuda – Sixty-five days of performance from its new Zale division cut net income at Signet Jewelers Ltd. but boosted sales at Signet Jewelers Ltd. in the second quarter of fiscal 2015. Expenses related to the Zale acquisition helped reduced net income 13% to $58 million, from $67.4 million a year earlier.

  • Cyber security on tap at DC event

    Walmart’s senior director for payment strategy Reed Luhtanen is among a group of notable speakers scheduled to gather in Washington, D.C. September 10 to explore vulnerabilities and challenges faced by merchants and payment industry professionals.

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