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Fort Worth mall embarks on a new voyage
“Ridgmar…has always had a good regional location, and that’s not something to give up on,” Weitzman broker Bob Young told the Fort Worth Star-Telegram. A fixture in the central Texas city since the 1970s, Ridgmar Mall is is replacing shuttered Neiman Marcus and Macy anchors with a SeaQuest Aquarium in an attempt to escape the fate of two other malls that have closed in Tarrant County: North Hills Mall in North Richland Hills and Six Flags Mall in Arlington. -
L Brands starts summer on a down note
Victoria's Secret is casting a shadow on parent company L Brands. L Brands said that net sales fell 6% to $1.21 billion for the five weeks ending period ending July 2. Total same-store sales fell 9%, worse than expected, dragged down by a 17% decline at Victoria's Secret. On the positive side, same-store sales rose 8% at Bath & Body Works.

