REAL ESTATE

West Virginia super-regional center to get a makeover

New owner Cafaro to invest in a multi-million-dollar makeover at Grand Central Mall.
Torrid to close 30 stores as optimization program enters final phase

Torrid Holdings Inc. is ready to begin its next chapter.
Zimmermann to open first Midwest store at Chicago's Plaza del Lago

Zimmermann is expanding its footprint to the Midwest.
Construction materials prices rise; Iran conflict to increase pressure

Surging prices in natural gas helped drive up overall construction input prices in February.
Five Below sales, earnings surge as comps jump 15.4%; to open 150 stores

Five Below reported strong fourth-quarter earnings and sales that topped estimates and gave a positive forecast for this year as its value proposition draws younger shoppers across all income levels.
Facebook parent company Meta signs 10-year lease for NYC flagship

Meta is turning a pop-up that it opened in New York City in November into a permanent retail location.
Federal Realty opens residential building at center outside of Philadelphia

Bala Cynwyd on City Avenue emerges as a mixed-use development.
Bob's Discount Furniture targets 500-plus stores by 2035

Bob’s Discount Furniture Inc. reported a strong fourth quarter as it continued to maintain momentum in a struggling retail sector.