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NRF reports mixed bag for retailers in July
WASHINGTON — Retailers had sales gains in many back-to-school categories like clothing and sporting goods but experienced surprising declines in home-based categories, including building materials and furniture stores, according to the National Retail Federation.
The world’s largest retail trade association found that July retail sales — excluding automobiles, gas stations and restaurants — increased 0.3% seasonally, adjusted from June and increased 5% unadjusted year-over-year.
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Mayfair Collection signs Off 5th, Old Navy and Carter’s
Chicago — Saks Fifth Avenue Off 5th, Old Navy and Carter’s have inked leases for space at The Mayfair Collection, a 270,000-sq.-ft. shopping center in Wauwatosa, Wis. Nordstrom Rack, Dick’s Sporting Goods and Ulta Beauty have also made lease commitments to the project.
HSA Commercial Real Estate, the developer, broke ground on the project in April. HSA Commercial is adaptively repurposing an obsolete warehouse development into The Mayfair Collection retail shopping center.