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Data & Analytics

  • Regency Centers purchases Preston Oaks

    Dallas -- Regency Centers Corp. has closed on an off-market acquisition of Preston Oaks, a 103,503-sq.-ft. infill neighborhood center anchored by H-E-B Central Market. National retailers include Gap, Pier 1 Imports and White House Black Market.

    Located in the Preston Hollow neighborhood of Dallas, Preston Oaks serves a market of 109,000 within a three-mile radius. Average household income is $144,000. The market’s population swells to 118,000 during the day.

  • Costco’s same store sales rise but run out of gas

    ISSAQUAH, Wash. — Costco reported net sales of $8.1 billion for May 2013, an increase of 7% from $7.6 billion during the same period last year.

    For the 39-week period ended June 2, the company reported net sales of $77 billion, an increase of 8% from $71 billion during the same period last year.

    The company’s same-store sales rose 5% in May, but they were lower than anticipated because of the negative impact of changes in gasoline prices and foreign exchange rates.

  • Recent acquisitions bolster Ascena’s Q3 results

    SUFFERN, N.Y. — Lower-than-expected foot traffic driven in part by unseasonably cold weather was not enough to negatively impact Ascena Retail Group’s net sales for the third quarter ended April 27, which were bolstered by the recently acquired Lane Bryant and Catherines businesses.

  • Cold weather chills Ann Q1 profit

    New York -- Ann Inc., which runs the Ann Taylor and Loft,  reported that its fiscal first-quarter net income dropped 27%, as unseasonably cold weather held back sales of spring and summer clothing and led to discounts. The retailer also cut its revenue outlook for the year.

  • NRF: Los Angeles, New York and Chicago are top cities for organized retail crime activity

    Washington, D.C. -- Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

    The NRF’s ninth annual Organized Retail Crime (ORC) Survey found that while organized crime has inched down slightly, it remains widespread. Over 90% (93.5%) of retailers said they had been a victim of organized retail crime during the past year, down from 96% the prior year.

  • Golfsmith coming to Fifth Avenue

    New York -- Golfsmith International will open a two-story, 15,000-sq.-ft. store on Fifth Avenue, near 38th Street, in Manhattan.
       
    The store, opening on Friday, June 7, features three state-of-the-art club fitting studios with simulators that enable customers to test drive the latest equipment with the same technology used to fit tour pros. The store also has an indoor putting green and technology bar with GPS units, range finders and a variety of high-tech gadgets.

  • Walgreens weathers May chill for Q3 sales gains

    DEERFIELD, Ill. — Walgreens reported sales of $18.3 billion for the third quarter, up 3.3%. Same-store sales increased 1.3%, with front-end comparable store sales up by 0.3% and pharmacy comp sales up 2%. Prescriptions filled were up 7% for the quarter.

    Sales of Walgreens' shares were up $1 to $49.03 in early-morning trading.

    Walgreens reported that more than 72 million Walgreens faithful have signed on for the company's Balance Rewards loyalty program through May. 

  • CBRE brokers sale of Bryan Towne Center

    Dallas -- CBRE’s National Retail Investment Group arranged the sale of Bryan Towne Center to Lamar Cos. for an undisclosed amount. The 52,268-sq.-ft. retail center serves the Bryan-College Station metropolitan area in Texas.

    Shadow-anchored by an adjacent Target store, the five-year-old center includes six acres of undeveloped land that can accommodate an additional 230,225-sq.-ft. of retail space, said CBRE.

    The center is 66% occupied. Key tenants include Dollar Tree, Rack Room Shoes, Maurice’s and rue21.

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