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  • The Foundry Big & Tall Supply Co. opens at The Centre at Preston Ridge

    Frisco, Texas -- New York City-based Centro Properties Group said that The Foundry Big & Tall Supply Co. has opened at Preston Ridge, located in Frisco, Texas.

    The 5,000-sq.-ft. store is part of the new Growth Brands Division at J.C. Penney Co.

    Preston Ridge is owned by Centro.
     

  • Amazon.com tops in online customer satisfaction

    Ann Arbor, Mich. -- Amazon.com was the top performer in a review of the Top 100 online retailers by ForeSee Results. The annual report, Top 100 E-Retail Satisfaction Index, includes individual satisfaction scores with the 100 top e-retailers for the past seven years, allowing for comparisons over time and between companies.

  • Whole Foods to open in Minnetonka

    St. Paul, Minn. -- Paster Enterprises announced that Whole Foods Market is opening a 32,000-sq.-ft. standalone location at the company’s Minnetonka property.

    Construction on the project, a joint venture between Paster Enterprises and Shiner Capital Partners, a Chicago-based real estate investment firm, officially began on April 20.

  • Boynton Beach Mall announces new retailers and CCS south Florida debut

    Boynton Beach, Fla. -- Indianapolis-based Simon Property Group announced that its Boynton Beach Mall property recently welcomed eight new local retailers to its tenant lineup and has also announced the South Florida debut of CCS, a national skate and extreme sports concept store from Foot Locker, to open later this year.

    Additionally, several national retailers are in the process of renovating and updating existing locations at the regional shopping mall.

  • Gap to open stores in Serbia and Ukraine

    San Francisco -- Gap plans to open stores in Serbia and Ukraine later this year as its continues to expand its international operations.

    The chain said Friday that it signed new deals with existing franchise partners that will put Gap stores in Belgrade and Kiev.

    According to Stephen Sunnucks, the company's international president, the Ukraine is the fastest-growing retail market in Eastern Europe, while Serbia has many young customers who enjoy shopping.

  • Kohl's raises FY outlook on strong Q1

    MENOMONEE FALLS, Wis. — Kohl’s reported that its first quarter diluted earnings per share increased 14% to 73 cents, in line with Citi and Stifel analysts expectations and with the company's updated guidance that EPS would be toward the high-end of 68 cents to 73 cents (provided on May 5). Net income for the quarter was $211 million, compared with $199 million (64 cents per diluted share) a year ago. Net sales were $4.2 billion, an increase of 3.1% for the quarter. Comparable-store sales for the quarter increased 1.3%.

  • Kohl’s profit up 6%; raises full-year outlook

    Menomonee Falls, Wis. -- Kohl’s Corp. said Thursday its first-quarter earnings rose 6%, helped by online sales and Easter demand in the Southeast.

    Net income rose to $211 million from $199 million in the year-ago period. Sales in the quarter ended April 30 rose 3.1% to $4.16 billion. Same-store sales were up 1.3%.

  • Private equity firms take 76% stake in AllSaints; U.S. expansion likely

    New York City -- All Saints, the U.K. fashion retailer known for its dark interiors and edgy threads, has been bought by British investment firm Lion Capital and U.S. private equity firm Goode Partners, Britain’s The Telegraph reported. The purchase is likely to speed the chain’s expansion in the United States.

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