U.S. Business Sales Fell in June While Inventories Held Steady
June business sales and factory shipments fell 1.1% from May, while inventories were virtually unchanged and the inventory-to-sales ratio stayed below its year-earlier level.
Retail
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Southington approved Milldale mixed-use project with apartments, retail and dining
A reported Southington approval covers a mixed-use development in Milldale, but current construction details and the apartment count remain unavailable.
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Marketplace at Cedar breaks ground in Lakeville with six planned businesses
A July 30 groundbreaking advanced Lakeville’s nine-lot Marketplace at Cedar project, where six businesses are planned near 179th Street and Cedar Avenue.
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Gainesville, Texas, Records Document Retail, Medical-Office and Fueling Projects
City permits and Texas state filings document commercial work at several Gainesville, Texas, sites, including tenant improvements for TJ Maxx and Five Below, a planned five-building retail and medical-office development, and a registered 7-Eleven fueling-center project.
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Retailers Push Value Deals as U.S. Shoppers Stay Selective
June retail sales rose in dollar terms, but unit demand fell in Circana’s measure as Walmart and competitors compete for cautious back-to-school shoppers.
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UK shop-price inflation slows as supermarket promotions spread
British shop-price inflation slowed to 0.9% in July, but prices remained higher than a year earlier as food and seasonal promotions restrained increases.
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Verizon plans to sell 274 stores ahead of Aug. 16 transition
Verizon plans to sell 274 company-owned stores and eliminate about 500 corporate jobs. Most locations are expected to remain open under new owners.
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Seafood City opens in former Sears space at Chandler Fashion Center
Seafood City opened July 30 at Chandler Fashion Center, bringing the retailer’s first Arizona location, a 300-seat food hall and a new use for part of the former Sears space.
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Bayside OneNorth update adds fitness and grocery space, trims housing
Bayside, WI — OneNorth’s latest public update calls for a five-story building with a 60,000-square-foot fitness center, a 30,000-square-foot grocer and 120 apartments.
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Westgate Village North breaks ground in Toledo with Trader Joe’s, tax break
Toledo OH – Westgate Village North broke ground June 10 on the former Sears site, with Trader Joe’s confirmed and no opening date announced yet.
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Fontana Planning Commission to weigh grocery-store center at Sierra and Terra Vista
Fontana’s June 2 Planning Commission hearing will review a grocery-anchored retail plan at Sierra and Terra Vista, but it is not approved yet.
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Athens gets state grant for Food City road work on west side
Athens AL – A new state grant will help fund road, turning-lane, and drainage work for a future Food City on West Elm Street and Lucas Ferry Road.
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North Visalia Costco is set to open May 21, and shopping patterns may change
Visalia’s second Costco is scheduled to open May 21 in North Visalia, bringing a new retail option and likely added attention to traffic near Carleton Acres.
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Wegmans closes on Cranberry land deal, moving first Pittsburgh-area store ahead
Cranberry Twp. PA – Wegmans has closed on the Cranberry Springs land purchase, another step forward for the first Pittsburgh-area store.
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Gilbert’s proposed Target store near Higley and Ocotillo is stirring traffic and neighborhood concerns
Gilbert AZ – A Target-linked retail rezoning near Higley and Ocotillo is moving through review as neighbors press concerns about traffic, noise, and fit.
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St. Paul’s Midway CVS site finally has a redevelopment plan, and the corner at Snelling and University could change fast
St. Paul MN – The former CVS at Snelling and University is moving toward redevelopment, with apartments, retail, and a city-backed power-line relocation.
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Warminster Costco’s alcohol approval adds a new retail option, but local limits still apply
Warminster PA – Costco can now sell wine, beer, and canned cocktails at its Warminster store, but township conditions still limit how those sales work.