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Rue21, Jared to open at El Paso retail centers
El Paso, Texas -- Dallas-based Venture Commercial Real Estate said it has negotiated leases for two retailers entering or expanding in the El Paso, Texas, market.
Rue21 has opened a 5,000-sq.-ft. store at El Paseo Marketplace, its fourth location in El Paso.
Jared, The Galleria of Jewelry has signed a lease to open its first El Paso location in a 6,057-sq.-ft. store at The Fountains at Farah, a 600,000-sq.-ft. power lifestyle center currently under construction and opening fall 2013. -
Nielsen: U.S. consumers spending looking up
New York -- North American consumers opened their wallets in the first quarter of 2013 and exhibited a desire to spend again, although they remain cautious, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions. Forty-two percent said they plan to spend on discretionary items this year, a six-point rise from fourth quarter 2012, and up from the average of 33% over the past three years.