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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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Divaris inks two leases in Westfield Eastridge Mall
Charlotte, N.C. — Divaris Real Estate has arranged two leases totaling approximately 9,000 sq. ft. of retail space at the Westfield Eastridge Mall in Gastonia, N.C. Divaris represented the landlord, WEA Eastridge LP.
Los Arcos, a family owned Mexican restaurant, leased a 6,183-sq.-ft. outparcel building. Creations, a gift card shop, renewed its lease for 2,669 sq. ft.
Belk, J.C. Penney, Sears and Dillard’s anchor the mall, which is leased exclusively by Divaris.