REAL ESTATE

Nordstrom Rack to increase New Jersey footprint

BY Marianne Wilson

Seattle — Nordstrom announced plans to open a Nordstrom Rack at Livingston Center in Livingston, N.J. The approximately 32,155-sq.-ft. store is scheduled to open in fall 2014.

The developer for the project is G&S Investors.

"We’re excited about the opportunity to open our third Nordstrom Rack in New Jersey at a great location in the Livingston community," said Geevy Thomas, president of Nordstrom Rack.

The first Rack store opened at Bergen Town Center in 2009, and the Livingston Center Rack will be the third Rack to open in the state. Nordstrom operates five full-line stores in New Jersey.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
REAL ESTATE

Casey’s improves net income 24% in Q2; plans 70-105 new stores annually

BY Dan Berthiaume

Ankeny, Iowa – Casey’s General Stores’ net income rose more than 24% during the second quarter of fiscal 2014, to $41.3 million from $32.8 million. The company also boosted revenue 5% to $2.01 billion from $1.91 billion.

Casey’s annual goal is to build or acquire 70 to 105 stores and replace 20 existing locations. Through the first six months of fiscal 2014, the company has built 14 new stores and acquired an additional 22, and also completed 14 replacement stores as well as 19 major remodels. Casey’s currently has 34 new stores and 14 replacement stores under construction, as well as five stores under written agreement to acquire.

“For the second quarter, total inside sales were up 15.5%, and total gasoline gallons sold increased 9.8% compared to the same quarter a year ago,” said chairman and CEO Robert J. Myers. “The company is pleased with the growth and customer count lift associated with the various initiatives we have put in place.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
REAL ESTATE

Krispy Kreme opens first Taiwan store Dec. 12

BY Dan Berthiaume

Winston-Salem, N.C. — Krispy Kreme plans to open its first store in Taiwan on Dec. 12. The new 2,400-sq.-ft. store will be located in Taipei and is the first of 10 planned Krispy Kreme stores in Taiwan during the next five years by Krispy Kreme’s new franchise partner, Huan Hsin Co., Ltd.

The opening was initially announced to fans of the Krispy Kreme Taiwan Facebook page, and the retailer is giving away more than 10,000 dozen doughnuts at local events throughout Taipei.

"We are excited to partner with Huan Hsin Co., Ltd. in bringing the world famous Krispy Kreme taste and experience to the people of Taiwan," said Jeff Welch, Krispy Kreme president, international. "Their significant retail food experience, strong knowledge of the Taiwanese consumer, and passion for hospitality are key assets as they bring the melt-in-your-mouth Krispy Kreme experience to the market. We are excited to see the strong reaction of the Taiwanese consumer to our pre-opening activities and look forward to joining Hung Chun Hsu and Cheng Chien Hsu, the principals of Huan Hsin Co., Ltd.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...