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Safeway to dispose of Dominick’s stores and exit Chicago market
Pleasanton, Calif. -- Safeway Inc. announced it plans to get rid of its 72 Dominick's stores in the Chicago area, exiting the market in early 2014.
Safeway’s decision comes after Dominick's had a net loss of $8.4 million for the third quarter, ended Sept. 7, compared with a loss of $6.2 million in the year-ago period, and a net loss of $21.5 million for the year to date, compared with $16.8 million for the year- ago period.
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Urban Outfitters doubles Westwood Village sq. ft.
Westwood Village, Calif. — Urban Outfitters has signed a lease with Topa Management Co. for 16,556 sq. ft. in Westwood Village, Calif., more than doubling the size of its presence in the urban village. The McDevitt Co. represented both parties in the transaction.
The new store, Urban Outfitters third largest in California, has original exposed brick wall, ironwork and high ceilings and provides a brand appropriate space for the retailer.