REAL ESTATE

Crosland announces Charlotte-area openings

BY CSA STAFF

Charlotte, N.C. — Crosland has announced new openings and tenant signings at various third-party managed and leased retail centers throughout the Charlotte, N.C., area.

Ruby’s Gift opened a 1,323-sq.-ft. store at Colony Shops in early December, the retailer’s third Charlotte location.

Om Spa Chiropractic & Wellness is relocating its business from The Arlington to the newly renovated The Villa shopping center, and is slated to open the 3,048-sq.-ft. facility in January.

Trimmer’s Barbershop opened a new 1,100-sq.-ft. location at Monroe Shops on Oct. 1. And Papa John’s will open a new location at Hunter’s Crossing, a Lowe’s Foods-anchored neighborhood shopping center in southern Mecklenburg County. The new location is expected to open late spring.

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REAL ESTATE

Dollar Zone, Leslie’s Swimming Pool Supplies to open at Marketplace at Manville

BY CSA STAFF

Manville, N.J. — Purchase, N.Y.-based National Realty & Development Corp. said that Dollar Zone has leased 15,000 sq. ft. and Leslie’s Swimming Pool Supplies has leased 2,970 sq. ft. at Marketplace at Manville, located in Manville, N.J.

Both retailers are slated to open this spring.

Walmart, A&P Supermarket and Reading Cinema anchor the 275,354-sq.-ft. center, which is now 100% leased.

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Ashish says:
Apr-18-2013 06:54 am

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FINANCE

Tuesday Morning reports profit, sales dip in Q2

BY CSA STAFF

Dallas — Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

The closeout retailer opened six stores during the quarter, relocated six stores and closed one store. It currently operates 845 stores in 43 states.

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