REAL ESTATE

Dick’s Sporting Goods opens three new stores, one remodeled store Nov. 8

BY Dan Berthiaume

Pittsburgh – Dick’s Sporting Goods will open three new stores and one remodeled store on Nov. 8. The new stores will be located at Newport Pavilion in Newport, Ky., Bartonsville Square in Stroudsburg, Pa., and South County Mall in South County, Mo.

Dick’s will also open its newly remodeled store in Saratoga Springs, NY on Sunday, Nov. 10.

The new stores will mark Dick’s 10th store in Kentucky, 37th store in Pennsylvania, and 13th store in Missouri. Dick’s will operate 555 stores in the U.S. as of Nov. 10.

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REAL ESTATE

Lane Bryant opens two new stores, refreshes two stores Nov. 1

BY Dan Berthiaume

Columbus, Ohio – Lane Bryant opened four new stores on Nov. 1. The stores are located at University Mall in Carbondale, Ill., and Bey Lea Plaza in Toms River, N.J.

The retailer also opens two refreshed stores on Nov. 1, at Pavilion Center in Dallas and Las Palmas Marketplace Shopping Center location in El Paso, Texas.

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News

Customer service credited for bolstering Publix’s Q3

BY CSA STAFF

Publix credited its customer service for helping fuel third-quarter sale sales of $7 billion, a 5.6% increase from last year’s $6.7 billion. Comparable-store sales for the third quarter of 2013 increased 4.1%.

The company reported net earnings for the quarter of $359.9 million, a decrease of 2.3% from $368.4 million in 2012. Earnings per share for the third quarter decreased to $0.46 for 2013, down from $0.47 per share in 2012.

Publix’s stock price increased from $27.55 per share to $30 per share. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.

“I’m very pleased we had another significant increase in our stock price, resulting in a 33% increase in our stock price over the last year,” said CEO Ed Crenshaw. “Our associates continue to deliver premier customer service, the key to our success.”

Publix is privately owned and operated by its 162,000 employees. The company currently operates 1,076 stores in Florida, Georgia, South Carolina, Alabama and Tennessee.

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