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Report: Total U.S. retail sales for July up 8.7% year-over-year
Purchase, N.Y. -- A report released Thursday by MasterCard Advisors said that total retail sales in July sustained momentum despite inconsistencies in other areas of the economy.
According to MasterCard SpendingPulse, which tracks national retail and service sales, excluding auto sales retail sales in July 2011 grew by 8.7% year-over-year.
Retail sales are on par with the average growth of the previous three months.
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Two new restaurant leases signed for Clayton Valley Shopping Center
Concord, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased space to two new restaurant tenants at Clayton Valley Shopping Center, located in Concord, Calif.
Five Guys Burgers and Fries has leased 2,400 sq. ft., and Dickey’s Barbecue Pit will open fall 2011 in a 1,740-sq.-ft. space.
The 260,000-sq.-ft. shopping center is anchored by Orchard Supply Hardware alongside national retailers such as Ross Dress for Less, Fresh & Easy and CVS/pharmacy.