National View

Nordstrom to Open Stores, Roll Out New Products

Luxury retailer Nordstrom plans to weather the current economic storm by rolling out new stores and introducing new products.  Seeing new locations as their “best investment” 12 new locations are planned over the next two years.

http://www.forbes.com/feeds/ap/2008/06/11/ap5106011.html

Gap Will Focus on Smaller-Scale Stores

Chief Executive Glenn Murphy plans on getting Gap, Inc. back on track by halting new store expansion, reducing the size of existing locations, and combining concepts that were once in separate locations into one. 

http://www.businessweek.com/ap/financialnews/D917DRF80.htm

A.C. Moore Crafting a Turnaround

At first glance news that A.C. Moore Arts & Crafts Inc. planned on closing stores doesn’t seem like great news.  But with some context, it’s clear that A.C. Moore is at the beginning of a turnaround. 

http://www.philly.com/inquirer/business/20080610_A_C__Moore_crafting_a_turnaround.html

Regional View

Convention Center Expansion Spurs Development

The expansion of the Pennsylvania Convention Center in Philadelphia is a catalyst for development in the surrounding area.   New hotels and restaurants are expected and general facelifts of existing buildings are underway.

http://www.philly.com/inquirer/business/20080611_Convention_Center_expansion_spurs_development.html

Eatontown to See Plans for Rt. 36 Golf Course

A 136-acre tract, currently part of an 18 hole public golf course, in Eatontown, Monmouth County, New Jersey is the site of a proposed redevelopment.  If approved by the Borough Council it would include a hotel, residential component, and retail.

http://www.app.com/apps/pbcs.dll/article?AID=/20080610/NEWS01/806100385/1282/LOCAL06

Manheim Township Eyes 2nd 'Main St.'

Plans for a lifestyle center are being presented to Manheim Township, Lancaster County, Pennsylvania.  Granite Town Center, the proposed 300,000 square foot center, would be just two miles from Conestoga Creek, another similar proposed center. 

http://articles.lancasteronline.com/local/4/222869

Fameco View

Floyd's 99 Barbershop

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