Discount Store

Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced six retail leases in four Chicago shopping centers.

Watauga, Texas — Dollar Tree has leased an 8,450-sq.-ft. location at Brooks Crossing, a community retail center in Watauga, Texas. The Weitzman Group represented the shopping center, and The Retail Connection represented Dollar Tree.

The Brooks Crossing tenant line-up includes Albertsons, GameStop, Tuesday Morning, Chase, GNC, Subway, Taco Bell and others. Cencor Realty Services manages Brooks Crossing.

A record 700 new Dollar General stores are slated to open in 2014, the company announced Thursday morning after reporting third-quarter results and tempering its full-year sales forecast.

Same-stores sales at Dollar General increased 4.4% and total sales increased 10.5% to $4.38 billion during the third quarter ended Nov. 1. Profits increase 14% to $237 million from $208 million and earnings per share increased 19% to 74 cents from 62 cents.

Philadelphia -- Five Below reported that its net sales increased by 27.9% to $110.7 million, from $86.6 million in the third quarter of fiscal 2012. Same-store sales rose 9.0%.

Net income was $1.7 million compared to $0.7 million in the third quarter of fiscal 2012.

Ottawa, Ontario -- Black Friday deep discounts could be a myth, with only a few retailers dropping prices on only a few categories. Some key findings from pricing intelligence technology provider 360pi based on Amazon's own assortment in eight categories, including TVs, video games, tablets and digital cameras, show that:

Walmart chief marketing and merchandising officer Duncan Mac Naughton told investors during an October meeting that the retailer would have the largest share of voice during the holiday season and that was certainly evident during November, according to data released this week from Kantar Media Ad Intelligence and Placed.

Northbrook, Ill. — StreetMac Asset Managers and Five Mile Capital Partners LLC have joined forces to recapitalize Stratford Square Mall in Bloomingdale, Ill.

The 1.3 million-sq.-ft. mall features more than 100 stores and restaurants, a 14-screen cinema complex and national retail anchors including Macy’s, Sears, Carson Pirie Scott, J.C. Penney, Kohl’s and Burlington Coat Factory.

Boulder, Colo. -- Nordstrom is North America’s overall favorite fashion retailer for the second consecutive time, according to a new study of more than 6,800 consumers conducted by Market Force Information (Market Force), a provider of customer intelligence solutions.

Kohl’s is the most visited for casual clothing, business attire and children’s clothing, while Dick’s Sporting Goods won out for sports apparel and DSW for footwear.