REAL ESTATE

Carmike Theatre to open at Foothills Mall

BY CSA STAFF

Maryville, Tenn. — Chattanooga, Tenn.-based CBL & Associates Properties announced plans for a new Carmike Cinema at Foothills Mall, in Maryville, Tenn.

The new theatre will feature 12 screens with state-of-the-art stadium seating and amenities.

A former Belk building will be redeveloped to accommodate the 45,000-sq.-ft. cinema. The existing theatre at Foothills Plaza will remain open during the new construction that is slated to begin this summer.

A grand opening for the Carmike cinema is expected to be held in early 2012.

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OPERATIONS

Unemployment rises back up to 9.0%

BY CSA STAFF

New York City — The unemployment rate in April edged up to 9.0%, compared with 8.8% in March 2011.

Construction employment was about unchanged in April, according to Friday’s report from the Bureau of Labor Statistics. This industry has shown little net movement since early 2010, after having fallen sharply during the prior three years.

Overall, the economy added 244,000 jobs in April, a higher gain than anticipated by analysts.

The latest employment situation shows 13.7 million unemployed persons in the United States, about the same as last month’s measure. The number of persons unemployed for less than five weeks increased by 242,000 in April. The number of long-term unemployed (those jobless for 27 weeks and over) declined by 283,000 to 5.8 million; their share of unemployment declined to 43.4%.

Click here for the full report.

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News

Giant Eagle highlights fresh produce

BY CSA STAFF

PITTSBURGH — Giant Eagle is celebrating its locally and regionally grown produce with a new multimedia video.

The retailer said that it is taking several steps to educate consumers on which fruits and vegetables at their peak season throughout the year and is further relaying this message through its multimedia video, which can be viewed on Giant Eagle’s website.

“What we’ve found is that our customers associate in-season produce with peak freshness, better value and environmental consciousness,” Giant Eagle VP produce Craig Ignatz said. “No matter where it’s from — a local farm or the far side of the globe — we ask ourselves the same questions, every day: how fast can we get it to our customers, and how fresh can it be?”

Ignatz also said that depending on the season, the produce Giant Eagle offers won’t necessarily be from our region, but may come from farther away where climate and growing conditions are ideal.

According to Giant Eagle, its customers annually consume:

  • 56 million pounds of bananas;

  • 11 million pounds of strawberries;

  • 17 million ears of corn; and

  • Nearly 17 million pounds of Idaho potatoes.

For information about Giant Eagle’s produce sourcing efforts, watch the multimedia video here.

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