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Softer-than-expected Q2 comp-store sales for Hibbett
BIRMINGHAM, Ala. — Hibbett Sports reported a weaker-than-expected comparable-store sales increase of 0.3% for the second quarter ended Aug. 3, compared to a 4.8% increase in the prior-year period.
Last year's second quarter benefited from the extra week in the fiscal calendar which resulted in approximately $12 million of sales.
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Times Square Mall welcomes Hobby Lobby
Mount Vernon, Ill. — Hobby Lobby has signed a lease for 52,729 sq. ft. at Times Square Mall in Mount Vernon, Ill., and plans to open in the first quarter of next year, according to Pine Tree Commercial Realty LLC.
Pine Tree owns the 269,328-sq.-ft. center, anchored in partnership with The Sansone Group and Wanxiang America Real Estate Group.