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  • LA Fitness inks four new leases in Central Texas

    Dallas — LA Fitness has signed leases for four new spaces, two in Austin, Texas, and two in San Antonio, Texas. Venture Commercial Real Estate represented LA Fitness in each transaction.

    In Austin, LA Fitness plans to begin construction immediately on a 40,000-sq.-ft. facility at 2020 Anderson Lane and a 46,200-sq.-ft. facility in the Lamar Oaks Shopping center on Lamar Boulevard. Retail Solutions and The Weitzman Group represented the landlords for the Anderson Lane and Lamar Boulevard locations, respectively.

  • EPA honors Kohl’s for sustained excellence in energy efficiency

    Menomonee Falls, Wis. -- Kohl’s Department Stores has been awarded the U.S. Environmental Protection Agency’s (EPA) 2014 Energy Star Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives. The retailer currently has more than 860 Energy Star-certified locations, more than 70% of its stores nationwide and more than any other U.S. retailer to date.

  • Tuesday morning names SuperValu, Guitar Center execs to board

    Dallas - Tuesday Morning Corp. has named Sherry M. Smith, who most recently served as executive VP and CFO of SuperValu Inc., and Frank M. Hamlin, who currently serves as executive VP of marketing at Guitar Center, as independent members of the company's board of directors, effective immediately.  

    Hamlin will serve on the Nominating and Governance Committee and Smith will serve on the Audit and Compensation Committee.

  • Earthbar signs into Glendale Galleria in May

    Glendale, Calif. — The health juice café, Earthbar, has leased a 1,168-sq.-ft. location on the third level of Glendale Galleria. Earthbar offers a range of juices and cleansers, vitamins and supplements, shakes and healthy snacks.

  • Coach profit falls amid increased competition

    New York -- Coach Inc. third-quarter net income dropped 20% to $190.7 million, from $238.9 million a year earlier, amid increased competition from Michael Kors and others.

    Revenue for the quarter ended March 29 fell 7.4% to $1.1 billion, compared to analysts’ $1.13 billion estimate. Same-store sales in North America fell 21%. Sales will continue to fall through the rest of the year, the company said.

  • Tuesday Morning bolsters board

    Tuesday Morning Corporation has added Frank M. Hamlin, EVP of marketing at Guitar Center, and Sherry M. Smith, who most recently served as EVP and CFO of Supervalu, to its board.

    Hamlin will serve on the nominating and governance committee, while Smith will serve on the audit and compensation committee.

  • Inland buys Hitchcock Plaza in Aiken, South Carolina

    Atlanta — Inland Real Estate Group has acquired Hitchcock Plaza in Aiken, South Carolina, for $28.9 million. JLL represented the seller, Hendon Properties, in the transaction.

    Ross Dress for Less, T.J.Maxx, Bed Bath and Beyond, Old Navy and Academy Sports anchor the 252,097-sq.-ft. center.

  • NRF: Consumers to spend less on Mother’s Day

    Washington, D.C. - Consumers this year will celebrate Mother’s Day keeping practicality in mind. According to NRF’s 2014 Mother’s Day Spending Survey conducted by Prosper Insights & Analytics, Americans will spend an average of $162.94 on Mother’s Day in 2014, down 3.5% from a survey high of $168.94 in 2013. Total spending is expected to reach $19.9 billion.

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