Coral Ridge Mall Expands With C J Banks and Victoria Secret
C J Banks will open a new store at Coral Ridge Mall between Dillard’s and MasterCuts as part of an expansion that also adds a larger Victoria’s Secret. Victoria’s Secret plans a 5300 square foot expansion, with construction starting in February and a May opening. Bath & Body Works opens recently in a new location near Lady Foot Locker. Tradehome Shoes will open a new location later this fall. General manager Monica Nadeau says the mall welcomes more shopper demanded stores. Coral Ridge is owned and operated by General Growth Properties.
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Coral Ridge Mall
Victoria's Secret
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MasterCuts
Lindale Mall
Christopher & Banks Corporation
Coral Ridge
Victoria’s Secret
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General Growth Properties
Productivity rebound lifts economy as wages ease
The Labor Department reports productivity rose 2.6 percent in April to June, faster than first estimated, while unit labor costs grew 1.4 percent indicating slower wage pressures. The data boosts hopes for Fed rate cuts at the Sept 18 meeting as retailers see August sales rebound aided by back-to-school shopping, led by Wal Mart and Target.
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Labor Department
Federal Reserve
Wal-Mart
Target
Mortgage rates edge up in cautious reading
Rates on 30 year fixed mortgages averaged 6.46 percent this week up from 6.45 last week. The 15 year fixed rate averaged 6.15 percent, while five year ARMs fell to 6.32 percent and one year ARMs dropped to 5.74 percent as markets await potential Fed rate cuts amid housing concerns.
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Front to change underground tanks after inspection
Christener describes store remodel plans for a November opening. The building’s exterior will be updated and the Cedar Rapids location reports improved operations as changes prompt new approaches.
MENTIONED IN THIS ARTICLE
Christener
Cedar Rapids
George Ford
Gazettecommunications.com
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