-
Stein Mart grows same store sales again
Stein Mart says customers responded very positively to its spring assortment, boosting same store sales for the chain up nearly 5%.
The Florida-based company, which is planning an aggressive expansion plan for 2015, says total sales for the quarter increased 7.5%.
"We are very pleased with the response our customers are having to our spring assortment," said Jay Stein, Chief Executive Officer. "Our first quarter 4.8 percent comparable store sales increase continues the trend we saw at the end of last year and is a great way to start the year."
-
Big Shopping Centers in joint venture partnership with Red Development
Phoenix -- Big Shopping Centers USA and Red Development have announced a joint venture partnership to maximize market presence and performance of select U.S. retail properties in the Midwest and West. The alliance seeks to acquire established, first-tier community, lifestyle and power centers with strong tenant line-ups and sales figures that are well positioned in markets throughout the United States.

