Kohl’s posted a strong performance in its first quarter amid improved inventory management and ongoing efforts to improve store traffic and court millennials.
The nation’s leading off-price retailer reported better-than-expected sales in its first quarter fueled by a strong performance from T.J. Maxx and Marshalls.
The departure of large retail anchor tenants like Toys "R" Us in a market with fewer expanding big-box players surely causes concerns for shopping center owners and operators.
Development of new retail space in the Chicagoland area this year will be less than a million square feet for the first time in more than three decades, according to a report from Mid-America Real Estate Corporation.
