News

New tenants announced at mixed-use center near Las Vegas Strip
Henderson, Nev. -- Vestar recently completed a $120 million buyout from its joint venture partner, Rockwood Capital, to take full ownership and operations including property management, leasing and marketing of The District at Green Valley Ranch, a 37-acre, 384,107-sq.-ft. mixed-use center in Henderson, Nevada.
Build-A-Bear builds a better financial quarter
Build-A-Bear's recent push to reinvigorate its fading brand seems to be working as the retailer reported a big increase in same store sales in the second quarter.

Stein Mart sales sail in Q2, July

Jacksonville, Fla. – Stein Mart Inc. reported rising total sales in both the second quarter and July 2015. Total sales for the quarter rose 4% to $311.6 million, from $298.1 million.
Stein Mart keeps steady growth going

Off-price shop Stein Mart's strategy of just the right product, at just the right price, at just the right time seems to be working as the retailer reported another quarterly increase in same store sales.

Stein Mart Inc. reported rising total sales in the second quarter ended Aug. 1. Total sales for the quarter rose 4% to $311.6 million, from $298.1 million. Same store sales for the quarter rose 3%.
Second life for C. Wonder — with a celebrity stylist as pitchman

Photo via Getty Images
Delinquency rates creep up at Conn's

Despite posting a sales increase in July, Conn's says nearly 10% of its customers are not paying their bills.

"Greater than 60-day delinquency was 9.2% as of July 31, 2015 compared to 8.7% as of July 31, 2014. Greater than 60-day delinquency as of July 31, 2015 increased seasonally compared to the June 30, 2015 rate of 8.9%," said Theodore M. Wright, Conn’s chairman and chief executive officer.
Survey: Thrift store customers want, don’t need, savings

Bellevue, Wash. – Thrift shop customers appreciate the deep savings, but most of them do not shop out of necessity.

According to a new survey of 1,001 U.S. adults from the Savers thrift shop chain, 76% of Americans are choosing thrift with the top two reasons being that it’s cost-effective and feels like a treasure hunt. The new data about Americans’ shopping behaviors also highlights:

• 77% agree that it’s important that they get a good deal or value on the items they buy.
Lands' End looks to be the place for school uniforms

Lands' End is targeting all the shoppers who put "new uniforms" on their back-to-school lists this year with a brand new and improved uniform assortment.
First ground-up development planned as Conscious Place Initiative for Texas developer

Fort Worth, Texas -- Trademark Property Co. announced its Waterside mixed-use development, located in Fort Worth, Texas, will be the first ground-up project developed as part of Trademark’s Conscious Place initiative; a stakeholder-driven development model that aims to ensure that its properties are more than just places of commerce, but also places of community and meaning.
Fred's benefits from pharmacy expansion strategy

The CEO of Fred's says its stellar sales for July reflect the success of the company's expanded pharmacy business.