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Retail

  • Pottery Barn subsidiary makes Maryland debut; features high-tech Design Lab

    San Francisco – PBteen, a subsidiary of the Pottery Barn brand of Williams-Sonoma Inc., will open its first Annapolis, Md., store at the Westfield Annapolis shopping center on July 20. The store will include the PBteen Design Lab, which allows shoppers to digitally create room designs using drag-and-drop technology on a computer monitor.

  • Report: Fast-casual industry shows no signs of slowing down

    Chicago -- According to Technomic's Top 150 Fast-Casual Chain Restaurant Report, fast casual makes up just 14% of the total $223 billion limited-service restaurant segment, but its sales continue to outpace other operators. Fast-casual sales increased 13% in 2012, and the largest chains — those which each made more than $325 million last year — did even better, growing by 16%.

  • ICSC: Consumers expect to spend $285 on back-to-school shopping

    New York -- The average household expenditure on all types of back-to-school items is expected to be about $285 this year, with 39% of consumers planning to spend more than last year and 45% planning to spend about the same. According to a new study from the International Council of Shopping Centers and Goldman-Sachs, 29% of households surveyed have started to shop for back-to-school items, which is lower than the 33% that had started at this time last year but more than in any other year since 2004.

  • Sherwin-Williams sees sales, income spike

    Cleveland – The Sherwin-Williams Company reported increases in net sales, diluted income per share and same-store sales during second quarter fiscal 2013. Consolidated net sales increased 5.5% to a record $2.71 billion in the quarter, up from roughly $2.6 billion the previous year. The company credited acquisitions, with some offsetting negative impact from unfavorable currency translation rates, for the net sales boost.

  • Grand Opening: The Outlet Shoppes at Atlanta

    Chattanooga, Tenn. -- The Outlet Shoppes at Atlanta celebrated its grand opening with a ribbon-cutting ceremony this morning.

    A joint venture and co-development of CBL & Associates Properties and Horizon Group Properties, the 370,000-sq.-ft. center features a host of national brands and designer outlets.

    Located north of Atlanta at a newly constructed exit off Interstate 575, more than 112,000 vehicles pass the site daily. The center is also convenient to travelers on Interstates 75, 85, and 20.

  • Cheesesteak, financial tenants to Centre Plaza

    Bensalem, Pa. -- Philly It Cheesesteaks and MGM Financial Strategies Inc. have signed leases at the 43,550-sq.-ft. Centre Plaza in Bensalem, Pa., according to Levin Management Corp.

    Philly It Cheesesteaks opened a 1,700-sq.-ft. in the spring, while MGM Financial Strategies Inc. will follow with a 1,700-sq.-ft. opening this summer or fall.

  • Ferrandino & Son names sales/marketing exec

    Farmingdale, N.Y. -- General contractor Ferrandino & Son has hired Ryan Sklar as VP sales and marketing, effective immediately.
     
    Sklar has served in senior sales executive positions with Nautica and Tommy Hilfiger, and spent nine years as VP operations at Capital Contractors.
     

     

  • Walgreens, Boston-area chains join CVS in Rolling Stone boycott

    Deerfield Park, Ill. – Walgreens, as well as Boston-area grocery chain Roche Bros. and convenience chain Tedeschi Stores, have indicated they will join CVS in refusing to sell the upcoming Aug. 3 issue of Rolling Stone that features a cover photo of Boston Marathon bombing suspect Dzhokhar Tsarnaev. Walgreens made an announcement yesterday afternoon on Twitter, while the Boston Globe reported that Roche Bros. and Tedeschi would also decline to sell the controversial issue.

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