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The Profit's Marcus Lemonis launches new retail concept
A new women's apparel store has made its debut in Chicago. Marcus Lemonis Fashion Group, which is owned by Marcus Lemonis, star of CNBC hit reality series “The Profit,” CEO of Camping World and all-around retail entrepreneur, has opened Marcus, on Chicago's Gold Coast. Additional locations are expected to open within the next six months in Aspen, Col.; Hinsdale, Ill., and New York City. -
Developers: Brick-and-mortar not doomed, but challenged
Commercial real estate developers and investors surveyed this summer by the DLA Piper law firm concurred that reports of the demise of brick-and-mortar are greatly exaggerated. Only 8% of the 222 respondents to the survey, most of them C-level executives, agreed with the statement that brick-and-mortar is “doomed.” That said, just 3% were of the opinion that traditional retail was here to say.

