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Founding Farmers restaurant opens at Park Potomac
Bethesda, Md. -- Streetsense announced that Founding Farmers restaurant has opened a 7,000-sq.-ft. location at Park Potomac, an 110,000-sq.-ft retail center that is part of a mixed-use community developed by Foulger-Pratt of Rockville, Md.
The new restaurant, which is described as “barnyard chic” and featuring natural ingredients, is joined by Harris Teeter grocery store, as well as Elevation Burger, Emily Grace Fashion Boutique, Love Couture Bridal, Wine Harvest, Zoe's Kitchen, and other shops and services.
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Hot Topic's profit swells in Q3, but sales fall
City of Industry, Calif. -- Hot Topic Inc. reported Wednesday that profit rose to $3.1 million in the quarter ended Oct. 29, compared with $400,000 in the year-ago period. Prior-year results were weighed down by charges from its ShockHound website, which folded.
Revenue fell 4% to $175.8 million from $183.2 million in the quarter, missing Wall Street’s expected $177.8 million in revenue.
Same-store sales dipped 1.6% at Hot Topic and Torrid stores, attributed to disappointing Halloween sales.