Manhattan market loses major retail hub
Sep 17, 2001
New York - The retail sector in lower Manhattan will soon feel the effects of Tuesday's terrorist attack on the World Trade Center. The destruction of the gigantic complex included its retail component, the 427,000 sq. ft. Westfield Shoppingtown...
BJ’s Wholesale to test pharmacy centers
Sep 17, 2001
Natick, Mass. – Locally based BJ’s Wholesale Club recently said it would begin testing pharmacy departments in new stores scheduled to open in Atlanta next spring and in stores near its headquarters. The retailer’s chief competitors, Issaquah...
CVS settles Medicaid suit
Sep 13, 2001
Woonsocket, R.I. – Locally based CVS Corp. is shelling out $4 million to settle a series of lawsuits that claim the retailer overcharged for partial-fill prescriptions covered by Medicaid and other federal and state insurance programs...
Jones Lang LaSalle names chief operating officer
Sep 13, 2001
Chicago – Locally based Jones Lang LaSalle Inc. recently announced that the board of directors named Peter Roberts as the firm's EVP and chief operating officer, effective January 1, 2002. In his new role, Roberts will oversee operating, planning...
Ahold reports strong 2Q
Sep 12, 2001
Zaandam, Netherlands – Locally based Royal Ahold NV recently reported earnings of $294.7 million in the second quarter, an...
PREIT announces death of chairman
Sep 12, 2001
Philadelphia – Locally based Pennsylvania Real Estate Investment Trust (PREIT) has announced that the chairman of the company...
August same-store retail sales rise
Sep 11, 2001
Houston – According to data compiled by locally based TeleCheck Services Inc., sales tax-free holidays and tax rebates resulted...
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