Sales & Marketing

Austin, Minn. -- Centro Properties Group said Tuesday that Jo-Ann Fabrics & Crafts has opened a 15,000-sq.-ft. store at Austin Town Center, in Austin, Minn. 

Austin Town Center is owned by Centro Properties Group, based in New York City.

By Dave Mesko, [email protected]
It’s a shopper’s market. Today, consumers have an array of options when it comes to shopping and no longer have to remain loyal to one store. In order to grow and sustain loyal customers, it’s important that retailers provide a safe environment for shoppers.

Tampa, Fla. -- RMC Property Group announced Tuesday it has hired David Gibson as retail services executive specializing in tenant representation.

Gibson previously worked with Equity and Grubb and Ellis.

Hampstead, Md. -- Jos. A. Banks posted a profit of $12.6 million during the fiscal 2010 third quarter ended Oct. 30, compared with a profit of $11.7 million in the year age period. It was the 36th quarter out of the past 37 with earnings growth compared with prior year periods.

Revenue increased 7.4% to $173.3 million from $161.3 million a year ago. Same-store sales increased 3% in the quarter.

Both earnings and sales trailed analysts’ estimates.