The 340,000-sq.-ft. project that promises to be New York City’s first and only outlet center when it opens in 2018 is 70% leased, according to developer BFC Partners.
Wage increases took a bite out of Target’s profit in the fourth quarter even as its sales surpassed Street expectations and its digital channel continued to make impressive gains.
Retailers took four out of the top 10 spots in a ranking of the best companies to work for — as ranked by employees — with regards to compensation and benefits.