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Five new retailers to The Shoppes at Chino Hills
Chino Hills, Calif. — The Shoppes at Chino Hills, a 380,000-sq.-ft. community and lifestyle center in Chino Hills, Calif., has announced leases with five new retailers.
DB Shoes has opened its first Inland Empire store in a 6,100-sq.-ft. space next to Aeropostale.
Another Inland Empire first is The Kickin’ Crab, set to open in the spring of 2014.
Originally an online business, Kid’s Wonderland recently opened its first brick-and-mortar retail location at Chino Hills.
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Report: Tower Three divests remaining stake in Restoration Hardware
New York -- A report by Wall Street Journal revealed that private equity investor Tower Three Partners will sell its final 3.9 million shares in Restoration Hardware Holdings, marking an exit for the buyout firms that acquired the home furnishings retailer in 2008.
Restoration Hardware’s private-equity backers have been cashing out amid a 90% rally in the stock this year, according to the report.