REAL ESTATE

Taylor Gourmet Deli coming to CityVista

BY CSA STAFF

Columbia, S.C. Edens & Avant said Tuesday that Italian hoagie purveyor Taylor Gourmet Deli is opening a second Washington D.C., location, at CityVista in Mount Vernon Triangle. The new shop is slated to open early in 2010.

Taylor Gourmet Deli will join recently announced Kushi, a Japanese izakaya-style restaurant opening at the center in the fall. Edens & Avant, an urban-focused retail real estate company, owns the retail portion of CityVista, which encompasses 116,000 sq. ft. of the 843,000-sq.-ft. project.

Anchored by an Urban Lifestyle Safeway, the mixed-use development is characterized by unique retailers geared toward the surrounding neighborhoods.

“If you live or work in Mount Vernon Triangle, you expect your retail and restaurants to be creative, where the experience is as well crafted as the product,” said Steve Boyle, Edens & Avant managing director. “Taylor is a great example of our vision for CityVista, which is to deliver something different and innovative that showcases the local restaurant and retail expertise.”

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Rite Aid, ADA brush you up on oral hygiene

BY CSA STAFF

CAMP HILL, Pa. Rite Aid is partnering with the American Dental Association to spread the word on the importance of regular dental visits and good oral hygiene.

Afree oral care guide will be available at more than 4,800 Rite Aid stores nationwide and online at www.riteaid.com starting July 26. The 12-page oral care guide from Rite Aid contains proactive tips from the ADA to help prevent tooth decay, gum disease and gingivitis as well as information on how gum disease may be linked to overall health.

As an added incentive to encourage customers to take charge of their oral health, the purchase of select oral care products of $15 or more July 26 to Sept. 26 will qualify through the Single Check Rebate program for a free Summer Fun tote with $10 worth of magazines, sugarless chewing gum and other items.

Starting July 26, visitors to Rite Aid’s online health information center at www.riteaid.com/health can view flossing and brushing demonstrations, brush up on additional oral health information and learn about oral health through interactive games.

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Ebay sees large increase in 2Q revenue

BY CSA STAFF

SAN JOSE, Calif. Ebay announced that it posted second quarter revenue of $2.1 billion, a $97.7 million year-over-year decrease. The company recorded net income on a GAAP basis of $327.3 million or 25 cents per diluted share, and non-GAAP net income of $478.6 million or 37 cents per diluted share.

GAAP operating margin decreased to 19.6% for the quarter, compared to 24.8% for the same period last year. Non-GAAP operating margin decreased to 28.7% for the quarter, compared to 31.9% for the same period last year.

 

“We drove solid second quarter results, with strong momentum and market share gains at PayPal and continued stabilization in our core eBay business,” said eBay Inc. President and CEO John Donahoe. “We are managing our business with focus and discipline, delivering on our commitments while investing in our growth priorities. I’m pleased with our pace, our progress and our performance.”

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