Time Equities Inc.’s purchase of the 142,190-sq.-ft. Citrus Center in Inverness, Florida, this month was a no-brainer, according to the commercial real estate company’s retail chief.
There was no stopping Target Corp. in its second quarter — online or off — as it reported skyrocketing digital sales and “unprecedented” store traffic growth.
In a surprising move, Lowe’s Cos. will shutter its Orchard Supply Hardware division — closing all 99 stores — in order to focus on its core home improvement warehouse model.