-
New pads planned for NRDC properties in New Jersey
National Realty & Development Corp. has announced that new pad buildings will begin going up at two of its centers in New Jersey. McDonald’s will enter Liberty Square Center in Burlington with a newly constructed 3,911-sq.-ft. store on one of the property’s outparcels. The 380,383-sq.-ft. Liberty Square is anchored by Walmart Supercenter, Acme, Marshalls, and Toys “R” Us. -
Lower costs helps Kohl’s beat Street in Q3
Kohl’s Corp. reported a better-than-expected quarterly profit amid expense controls that helped make up for lower sales. The chain reaffirmed its full-year profit forecast. Kohl’s net income rose 21.7% to $146 million, or 83 cents per share, in the third quarter ended Oct. 29. Excluding items, Kohl's earned 80 cents per share. Sales decreased 2.3% to $4.33 billion from $4.3 billion in the year-ago period. Same-store sales fell 1.7% during the quarter.

