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Retailers forecast strong holiday, show hiring restraint
Philadelphia -- According to a survey released Tuesday by global management consultancy Hay Group, 68% of retailers expect holiday sales to increase this year. However, hiring plans remain conservative, with 67% of retailers hiring at the same level as last year and 25% hiring fewer seasonal workers.
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Pier 1 Imports to open at Sequoia Station
Redwood City, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to Pier 1 Imports at Sequoia Station, located in Redwood, Calif., bringing the shopping center to 100% leased.
Pier 1 leased 11,898 sq. Ft. and is slated to open in February 2012.
The 102,848-sq.-ft. shopping center is anchored by Safeway alongside national retailers such as Old Navy, CVS/pharmacy, Barnes & Noble Booksellers and Johnny Rockets.