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April 10, 2013
Bed Bath & Beyond Q4 and full-year profit rises

Bed Bath & Beyond Inc. reported Wednesday that net income for the quarter ended March 2 increased 14% to $373.9 million, compared with $351 million in the year-ago period.

Union, N.J. -- Bed Bath & Beyond Inc. reported Wednesday that net income for the quarter ended March 2 increased 14% to $373.9 million, compared with $351 million in the year-ago period. But the retailer’s guidance for the current quarter came up short.

Sales leaped 24.5% to $3.401 billion, from $2.732 billion, and same-store sales rose 2.5%.

For the fiscal year, net earnings rose 12% to $1.038 billion), from $989.5 million. Full-year revenue rose 14.9% to $10.915 billion, and same-store sales for fiscal 2012 increased 2.7%.

April 4, 2013
Planet Fitness to open at White City Shopping Center

Charter Realty and Development said that it has leased a 19,300-sq.-ft. space at White City Shopping Center, in Shrewsbury, Mass., to Planet Fitness.

Shrewsbury, Mass. -- Charter Realty and Development said that it has leased a 19,300-sq.-ft. space at White City Shopping Center, in Shrewsbury, Mass., to Planet Fitness.

Planet Fitness joins Shaw’s, Dress Barn and Austin Liquors, among others, at the 255,000-sq.-ft. center.

 

February 5, 2013
NRDC announces new tenant at Shrewsbury Plaza

National Realty & Development Corp. said that Colonial American Bank has joined the line-up of tenants at Shrewsbury Plaza, located in Shrewsbury, N.J.

Shrewsbury, N.J. -- National Realty & Development Corp. said Tuesday that Colonial American Bank has joined the line-up of tenants at Shrewsbury Plaza, located in Shrewsbury, N.J.

Colonial American Bank’s location in the 225,000-sq.-ft. shopping center is the bank’s second location in New Jersey and is slated to open spring 2013.

Anchor tenants at the center include Marshalls, Acme and AC Moore.

 

December 21, 2012
Bed, Bath & Beyond Q3 profit up

Third quarter same store sales at Bed Bath & Beyond were negatively affected by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

New York -- Third quarter same store sales at Bed Bath & Beyond were negatively affected by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

Bed, Bath & Beyond said net income for the third quarter ended Nov. 24, increased 1.8% to $233 million.

Sales increased 15.3% to $2.7 billion, largely due to two acquisitions earlier in the year, while same store sales advanced 1.7% and were negatively affected by an estimated .9% due to Sandy.

December 20, 2012
Bed Bath & Beyond Q3 profit beats, sales disappoint

Bed Bath & Beyond Inc. reported that profit for the quarter ended Nov. 24 rose almost 2% to $232.8 million, from $228.5 million last year, edging Wall Street expectations.

Union, N.J. -- Bed Bath & Beyond Inc. reported Wednesday that profit for the quarter ended Nov. 24 rose almost 2% to $232.8 million, from $228.5 million last year, edging Wall Street expectations.

Revenue increased 15% to $2.7 billion, just missing analysts’ forecasted $2.73 billion in revenue. Same-store sales rose 1.7%.

The retailer said it estimates Hurricane Sandy lowered comps by about 0.9% during the period.

 

October 23, 2012
Santa Fe Cattle Co. opens at Stirling Bossier Shopping Center

Covington, La.-based Stirling Properties announced the opening of a new 7,918-sq.-ft. Santa Fe Cattle Co. restaurant at its Stirling Bossier Shopping Center property, located on Airline Drive in Bossier City.

Bossier City, La. -- Covington, La.-based Stirling Properties announced the opening of a new 7,918-sq.-ft. Santa Fe Cattle Co. restaurant at its Stirling Bossier Shopping Center property, located on Airline Drive in Bossier City.

Headquartered in Baton Rouge, La., Santa Fe Cattle Co. operates 19 locations in six states, including four in Louisiana.

 

October 1, 2012
Hull Storey Gibson acquires Mount Berry Square Mall

Augusta, Ga.-based Hull Storey Gibson Companies announced its acquisition of Mount Berry Square Mall in Rome, Ga.

Rome, Ga. -- Augusta, Ga.-based Hull Storey Gibson Companies announced its acquisition of Mount Berry Square Mall in Rome, Ga.

The 476,778-sq.-ft. mall is anchored by Belk, J.C. Penney and Sears.

April 18, 2012
Registration open for Aberdeen Retail Summit in New York City

Aberdeen Group’s 3rd annual Retail and Consumer Markets Summit, Retail on Broadway: Game-Changing Technologies -- Creating a Winning Game Plan, will be held May 1-2, at the Millennium Broadway Hotel, New York City.

Boston -- Aberdeen Group’s 3rd annual Retail and Consumer Markets Summit, Retail on Broadway: Game-Changing Technologies -- Creating a Winning Game Plan, will be held May 1-2, at the Millennium Broadway Hotel, New York City.

March 27, 2012
Wine Lab opens second location at The Camp

ChrisAnn and Roger Richards announced the opening of their second wine and cheese bar and shop, Wine Lab at The Camp, located in the restaurant and shopping destination at 2937 Bristol Street in Costa Mesa, Calif.

Costa Mesa, Calif. -- ChrisAnn and Roger Richards announced the opening of their second wine and cheese bar and shop, Wine Lab at The Camp, located in the restaurant and shopping destination at 2937 Bristol Street in Costa Mesa, Calif.

The 1,270 sq.-ft. bar, designed with a mid-century flair, augments the debut location in Newport, Calif., and features wines and beer on tap as well as a retail shop.
 

March 13, 2012
Retailers at River Chase Shopping Center celebrate openings

Stirling Property Group said that River Chase Shopping Center, in Covington, La., is celebrating the openings of several national retailers in the development’s newest phase.

Covington, La. -- Stirling Property Group said that River Chase Shopping Center, in Covington, La., is celebrating the openings of several national retailers in the development’s newest phase. 

The first openings are scheduled to occur over the next few weeks with others to open this summer.

January 24, 2012
Stirling Properties acquires Avant Properties

Stirling Properties announced it has acquired Shreveport, La.-based Avant Properties, strengthening Stirling’s presence in the Gulf South.

Covington, La. -- Stirling Properties announced it has acquired Shreveport, La.-based Avant Properties, strengthening Stirling’s presence in the Gulf South.

Avant Properties’ current personnel and portfolio will be integrated into Stirling Properties operations. 

December 16, 2011
SRS Real Estate names exec

SRS Real Estate Partners announced the hiring of Scott Landgraf as senior VP in the company’s Newport Beach, Calif., office.

Dallas -- SRS Real Estate Partners announced the hiring of Scott Landgraf as senior VP in the company’s Newport Beach, Calif., office.

Prior to joining SRS, Landgraf was senior VP at Colliers International.

Landgraf specializes in retail tenant representation and investment sales throughout southern California and the Inland Empire.
 

November 21, 2011
Stirling announces exec promotion

Stirling Properties announced it has promoted Chris Abadie to VP and manager of the Commercial Brokerage Division after 11 years as a sales and leasing executive with the company.

Covington, La. -- Stirling Properties announced it has promoted Chris Abadie to VP and manager of the Commercial Brokerage Division after 11 years as a sales and leasing executive with the company.

In his new role, Abadie will oversee all aspects of commercial operations throughout each of Stirling Properties brokerage offices located in Louisiana and Mississippi. 
 

October 13, 2011
Multiple stores to open at Stirling Bossier

Covington, La.-based Stirling Properties, developer and property manager of Stirling Bossier Shopping Center, in Bossier City, La., announced the addition of Old Navy, Ulta Beauty, Maurices, Mattress Firm, The Joint and GNC to the center’s tenant lineup.

Bossier City, La. -- Covington, La.-based Stirling Properties, developer and property manager of Stirling Bossier Shopping Center, in Bossier City, La., announced the addition of Old Navy, Ulta Beauty, Maurices, Mattress Firm, The Joint and GNC to the center’s tenant lineup.

September 27, 2011
SRS Real Estate names Newport Beach team members

SRS Real Estate Partners said Tuesday that it has hired three new team members in the Newport Beach, Calif., office.

Dallas -- SRS Real Estate Partners said Tuesday that it has hired three new team members in the Newport Beach, Calif., office.

Steve McClurkin, Garrett Colburn and Nichole Slykhous have joined the SRS Newport Beach office to focus on tenant representation, specializing in expanding national retail and restaurant concepts. They will also continue consulting with landlords on outdoor malls/lifestyle centers throughout the western United States.

September 21, 2011
The Fresh Market to debut in New Orleans

Covington, La.-based Stirling Properties announced that The Fresh Market is coming to New Orleans.

New Orleans -- Covington, La.-based Stirling Properties announced that The Fresh Market is coming to New Orleans. The retailer will lease the 24,000 sq.-ft., two-story building on St. Charles Avenue, in the city’s Garden District, which was previously occupied by Borders. 

This location will be The Fresh Market’s fourth in Louisiana with stores already in Baton Rouge, Lafayette and Mandeville.
 

November 17, 2010
Christmas Tree Shops opens at Wendover Place

New York City-based Centro Properties Group said that Christmas Tree Shops has opened a 33,500-sq.-ft. store at Wendover Place Shopping Center, in Greensboro, N.C.

Greensboro, N.C. -- New York City-based Centro Properties Group said that Christmas Tree Shops has opened a 33,500-sq.-ft. store at Wendover Place Shopping Center, in Greensboro, N.C. 

Centro Properties Group is the owner of Wendover Place.
 

October 19, 2010
Tropical Smoothie Cafe to open at Patrick Henry Mall

Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Tropical Smoothie Cafe will open at...

September 14, 2010
AT&T to open at Beckett Commons

Jacksonville, Fla.-based Regency Centers said it has leased retail space in West Chester, Ohio, at...

October 7, 2009
Fameco sells Streets of Chester

Fameco Real Estate L.P. announced Thursday that it has sold The Streets of Chester Shopping...

September 30, 2009
Boston Boost

While the pundits continue to debate the timing of the recession’s end, some ground-up...

December 4, 2008
Court Rules Against Coldwater Creek

A California court has awarded accessories retailer Brighton Collectibles a $6.7 million verdict against women's-apparel...

September 25, 2008
Succession Plan Unfolds at Stage Stores

Stage Stores Inc. announced Friday that Jim Scarborough will retire from the position of CEO...

November 15, 2007
Ahold Names John Rishton New CEO

Amsterdam, Netherlands, Royal...