Content about Greensboro

January 24, 2013

Mall owner CBL & Associates Properties said Thursday that, in 2013, it will complete multi-million dollar renovations at three major malls: Friendly Center in Greensboro, N.C.; Greenbrier Mall in Chesapeake, Va.; and The Mall of Acadiana in Lafayette, La.

Chattanooga, Tenn. -- Mall owner CBL & Associates Properties said Thursday that, in 2013, it will complete multi-million dollar renovations at three major malls: Friendly Center in Greensboro, N.C.; Greenbrier Mall in Chesapeake, Va.; and The Mall of Acadiana in Lafayette, La.

November 14, 2012

Greensboro, N.C. - The Fresh Market said Wednesday it has entered into agreements to lease four new store locations that are currently operated as Rice Epicurean Markets, a family-owned specialty food retailer based in Houston.

Rice Epicurean Markets will continue to operate the stores through the end of the year, and will close these four stores during the first quarter of 2013.

January 6, 2012

The Fresh Market said it has promoted Sean Crane to executive VP and COO, reporting directly to Craig Carlock, president and CEO.

Greensboro, N.C. -- The Fresh Market said Thursday it has promoted Sean Crane to executive VP and COO, reporting directly to Craig Carlock, president and CEO.

Crane was previously senior VP store operations. In his new role, he will lead store operations, merchandising and marketing functions.
 

September 13, 2011

Apparel giant VP Corp. announced that it has completed its previously-announced acquisition of The Timberland Company in a deal valued at $2.3 billion.

Greensboro, N.C. -- Apparel giant VP Corp. announced that it has completed its previously-announced acquisition of The Timberland Company in a deal valued at $2.3 billion.

Timberland will become part of VF's Outdoor & Action Sports Coalition, which includes The North Face. The formerly family-held company will remain headquartered in Stratham, N.H.

August 31, 2011

Specialty grocer The Fresh Market reported Wednesday that net income for the second quarter rose to $10.5 million from $6.9 million a year earlier.

Greensboro, N.C. -- Specialty grocer The Fresh Market reported Wednesday that net income for the second quarter rose to $10.5 million from $6.9 million a year earlier.

Sales rose 13.6% to $259.5 million and same-store sales increased 4.6%, marking the seventh consecutive quarter of comps growth of 4% or greater.

July 1, 2011

Greensboro, N.C.-based Tanger Factory Outlet Centers and Indianapolis-based Simon Property Group announced Thursday that they have entered into a 50/50 joint venture agreement to develop a Tanger Outlet Center south of Houston, in Texas City.

Houston -- Greensboro, N.C.-based Tanger Factory Outlet Centers and Indianapolis-based Simon Property Group announced Thursday that they have entered into a 50/50 joint venture agreement to develop a Tanger Outlet Center south of Houston, in Texas City.

Phase I is slated for 350,000 sq. ft. of brand name and designer outlet stores; the 55-acre site is expected to accommodate future expansion of about 120,000 sq. ft.

Tenant announcements and ground breaking ceremonies are slated for July; the center is scheduled to open in summer 2012.

June 2, 2011

The Fresh Market reported Thursday that net income for the quarter ended May 1 rose to $13.5 million, compared with $12.2 million in the year-ago quarter.

Greensboro, N.C. -- The Fresh Market reported Thursday that net income for the quarter ended May 1 rose to $13.5 million, compared with $12.2 million in the year-ago quarter.

Sales increased 10% to $264.5 million and same-store sales increased 4.1%.

During the first quarter, the retailer opened one new store in Peachtree City, Ga., bringing the current store count to 101. Fresh Market said it expects to open 12 to 14 new stores during fiscal 2011.
 

November 17, 2010

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.
 

November 2, 2010

Greensboro, N.C.-based Bell Partners said that HomeGoods, a TJX Cos. banner, will open a 25,000-sq.-ft....

November 13, 2008

Urban apparel retailer Jimmy Jazz is opening three new locations in North Carolina, marking the...

June 30, 2008

In 2001, Advance Auto Parts realized it needed to learn Spanish—and fast. The nation’s...

June 30, 2008

In 2001, Advance Auto Parts realized it needed to learn Spanish—and fast. The nation’s No....

April 22, 2008

The Fresh Market announced Wednesday that it has hired Goldman Sachs to explore a sale,...

Greensboro, N.C. The Fresh Market announced Wednesday that it has hired Goldman Sachs to explore a sale, after 25 years as a family-owned company.

The gourmet grocer, which operates 80 stores in 18 states, will explore outside investment opportunities.

“Because of our strong history, recent success and ongoing plans for growing the company, we are in a unique and ideal position right now to consider offers for outside investment,” the company said in a statement.

It added that it expects the process to take several months to complete.

August 30, 2007

“Retailers and suppliers are in a tug of war,” asserted Bill McBeath, co-founder and chief...

April 30, 2007

JDA Software Group Inc. ...

January 19, 2005

Greensboro, N.C., Privately...