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Spending slows at big retailers in April; Macy’s, Target, Kohl’s, Costco fall short of expectations
New York -- Macy's Inc., Target Corp., Kohl’s, Saks and Costco’s Wholesale Corp. all reported results that fell short of expectations in April. An early Easter, which helped fuel March results, high gas prices, cool weather and renewed worries about the economy contributed to the decline, according to many analysts.
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Two additional tenants join Cobblestone Plaza
Pembroke Pines, Fla. -- Indianapolis-based Kite Realty Group announces that two additional tenants have joined Cobblestone Plaza, located in Pembroke Pines, Fla.
Great Clips will open a 1,066-sq.-ft. store and Michael’s Jewelry will open in a 1,400-sq.-ft. space.
The 140,452-sq.-ft. Cobblestone Plaza is newly anchored by Whole Foods, which opened March 28, joining All Pets Emporium and Party City.