PriceSmart's same-store sales rose 17.7% in August. Total revenue for the five weeks ended Sept. 4 climbed 21.5% to $148.3 million.
Increased sales across its brands helped drive The Men's Wearhouse’s second-quarter net income up nearly 33%, beating estimates.
Developers Diversified Realty and Glimcher Realty Trust announced Wednesday that the companies have entered into an agreement to swap two assets better aligned with the other’s operating platforms and strategies.
Casto said Wednesday that Larry Schwenker has joined the firm as VP property management.
Oak Brook, Ill.-based Inland Real Estate Corp. said Wednesday that Niko’s Lodge has leased the space formerly occupied by Barley House at Algonquin Commons in Algonquin, Ill.
Grosvenor Americas said Wednesday it has appointed Jonathan E. Carr to the position of development manager in the company’s Washington, D.C., office.
Starbucks plans to triple the number of outlets it has in China during the next four years, the Associated Press reported.
Restaurant chain Wingstop said it has executed development agreements with franchise operators to open 15 new Wingstops in the Atlanta market.
Chicago- and Atlanta-based Jones Lang LaSalle announced a major expansion of the firm’s full-service operations in Mexico with the addition of retail services.
Jacksonville, Fla.-based Regency Centers said it has leased retail space in San Jose, Calif., to a new concept by Petco at Snell & Branham Plaza.