Vancouver-based Lululemon Athletica Inc. reported better than expected numbers for last quarter, according to Bloomberg. Sales increased by 17 percent to $704.3 million, compared with analysts’ projection of $693.1 million. Goldstein’s new analysis on the consequences of seat viagra uk … Continue reading →
Macy’s Inc. plans to close 36 stores and cut about 3,000 jobs in an effort to save $400 million in annual costs, according to MarketWatch. The 36 stores, along with four other locations that were closed in 2015, account for … Continue reading →
The Arlington County Board voted 5–0 to approve changes to the site plan for Ballston Common Mall paving the way forward for the $317 million redevelopment of the under-performing 30-year-old shopping center owned by Forest City Washington,
Continue reading →With an area of about five million square feet, Isfahan City Centre is Iran’s largest shopping mall. The center, which is being built in phases, opened in 2012 and is expected to complete in 2016. In addition to 750+ retail … Continue reading →
Fashion retailer American Apparel Inc. filed for Chapter 11 bankruptcy protection on Monday. The Los Angeles-based company which targets the teen and young adult clothing market has not made a profit since 2009,
Continue reading →New York based Citigroup Inc. will close its remaining 17 branches and pull out of the Massachusetts retail banking market in January, according to the Boston Globe. At its peak, Citigroup had more than 30 branches in the Boston area. … Continue reading →
Orlando has experienced a 4.6 percent growth in employment in the last year, according to a midyear retail report by Jones Lang LaSalle. Tourism increased 3.9 percent year-over-year with over 64 million visitors. You should at least one day gap … Continue reading →
Rental income from franchisees represents a growing part of McDonald’s business and accounted for more than 20 percent of its $27.4 billion in total revenue last year, according to The Wall Street Journal. Rent payments from franchisees have Best thing … Continue reading →
Chevy Chase-based real estate services firm, Polinger Shannon Luchs Co. has acquired the 2,138sf retail storefront building at 4339 Connecticut Ave. NW from Ed Sands, the owner of Calvert Woodley Wines & Spirits for $6.75 million,
Continue reading →Starbucks, Inc. announced a seven percent gain in global same-store sales in the quarter ending June 28, exceeding analyst’s expectations of a 6.2 percent increase,
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