Content about CitiBank

August 27, 2014

For the first time in eight decades of publishing, Chain Store Age has compiled a list of the nation’s top retail real estate brokers, ranking them based on number of retail transactions in 2013, dollar amount of those transactions and, just as importantly, reputation in the industry. From hundreds of nominations collected from retailers and brokerage houses earlier in the summer, we have selected 15 as our debut “power brokers” list.

October 14, 2011

Target Corp. secured a new $2.25 billion unsecured credit facility, the retailer disclosed in a filing with the Securities and Exchange Commission.

New York City -- Target Corp. secured a new $2.25 billion unsecured credit facility, the retailer disclosed Friday in a filing with the Securities and Exchange Commission.

Target could borrow up to as much as $500 million under the credit agreement. The agreement with Bank of American and Citibank will expire in October of 2016 unless it is extended.

The current facility replaces a prior $2 billion credit agreement.
 

August 31, 2011

Zale Corp. reported Wednesday that its loss for the quarter ended July 31 widened to $32.6 million from $28.5 million a year earlier.

Dallas -- Zale Corp. reported Wednesday that its loss for the quarter ended July 31 widened to $32.6 million from $28.5 million a year earlier. Its results were impacted by increased inventory charges and absent a one-time gain recorded a year ago.

Revenue rose 9% to $377.3 million, compared with $345 million in the year-ago period. Wall Street expected higher losses on revenue of $360.4 million.

Same-store sales increased 9.8% in the quarter.

April 6, 2011

A Seabra Foods and Koki Japanese Buffet opened at Galloping Hill Center in Union, N.J., according to Plainfield, N.J.-based Levin Management Corp., the property’s exclusive leasing and managing agent.

Union, N.J. -- A Seabra Foods and Koki Japanese Buffet opened at Galloping Hill Center in Union, N.J., according to Plainfield, N.J.-based Levin Management Corp., the property’s exclusive leasing and managing agent.

A Seabra Foods is a full-service grocer and will open a 30,861-sq. ft. space formerly housed by another supermarket tenant.

Koki Japanese Buffet leased 5,500 sq. ft., joining other retailers and services including Mandee, Memory Lane Hallmark, Citibank, Weight Watchers, Radio Shack and Manhattan Bagel.

September 23, 2010

Zale Corp. announced that it has selected Citibank (South Dakota), N.A.) to provide the private...

June 21, 2010

According to a securities filing on Tuesday, Zale Corp. has made a $5.3 million partial...

June 21, 2010

According to a securities filing on Tuesday, Zale Corp. has made a $5.3 million partial...

May 6, 2010

Shares of Zale Corp. rose after the jewelry retailer said it has reached an agreement...

May 2, 2010

Zale Corp. said it has entered into exclusive talks with Citibank to renew the jeweler’s...

May 2, 2010

Zale Corp. said it has entered into exclusive talks with Citibank to renew the jeweler’s...

March 29, 2010

Zale Corp. is getting a 30-day payment extension from lender Citibank, the company said in...