Persimmon Place is a modern ground-up development in Dublin, California. The 153,380 sq. ft. center offers an upscale, convenient and smart shopping destination that showcases a unique collection of the Bay Area’s best anchor stores, retail shops and eateries.
Sarah Jessica Parker will be among the retail tenants at a new luxury retail center. The actress-cum-designer will open her first freestanding store on Dec. 8, at MGM National Harbor, a new resort and upscale retail center just outside of Washington, D.C. The store, called SJP by Sarah Jessica Parker, will feature the brand’s collection of shoes, handbags, accessories, and its new LBD (little black dress line) line. (The SJP brand launched in 2014 in upscale department stores.)
Thanks to healthy store traffic, TJX announced better than expected third quarter sales and earnings. TJX, parent company of TJ Maxx, Marshalls, Home Goods and Sierra Trading Post, said Q3 revenue rose 6.9% to $8.29 billion, from $7.75 billion in the third quarter last year; analysts expected revenue of $8.22 billion.
Patagonia plans to donate 100 percent of its sales on Black Friday, Nov. 25, to the environment.
The company will donate that money to small grassroots organizations that fight for clean water, air and soil. It will work with One Percent For The Planet, an environmental non-profit network, to get the funds to the grassroots organization.
Target's traffic and sales improved “meaningfully” in the third quarter, thanks to an "unexpectedly" strong back-to-school season, CEO Brian Cornell said in a press release Wednesday.
Zoe's Kitchen, Inc. reported some encouraging third-quarter results today, including news that the brand just wrapped up its 27th consecutive quarter of same-store sales growth and has managed to double its system-wide size in just three years. The company also adjusted its outlook for fiscal year 2016.
Regency Centers Corporation and Equity One, Inc. announced that they have entered into a definitive merger agreement (“Agreement”) under which Equity One will merge with and into Regency, with Regency continuing as the surviving public company and creating the preeminent shopping center Real Estate Investment Trust (“REIT”).