NOT FOR REPRINT
Page Printed from: globest.com/author/profile/ian-ritter/?page=200
Sign In To follow
CINCINNATI-Federated Department Stores is switching its name to better highlight its flagship chain; Q4 same-store sales rise 6.1% year over year.
MIINNEAPOLIS-The company is adding more food to its new stores, and executives are considering the acquisition of former department-store space.
MOORESVILLE, NC-But a downturn in the housing market doesn't deter the retailer's expansion plans for the year.
PLANO, TX-J.C. Penney continues its off-mall strategy and plans 50 new stores for the coming year.
AUSTIN, TX-The $700-million acquisition gives Whole Foods 110 additional units, and management says closures are likely.
MINNEAPOLIS-The company is opening 130 stores in the US, Canada and China this year following a strong holiday season.
PHOENIX-But real-estate executives at chain stores like these developments for different reasons, according to an ICSC panel.
PHOENIX-Mixed-use centers will likely become the standard in retail developments, but they aren't with out their risks, speakers say.
PHOENIX-Private-equity will likely keep buying retail chains, but landlords don't have to feel a negative impact, ICSC panel says.
PHOENIX-Of the city limit's 516 square miles, there is still a 100-square-mile area of undeveloped land.