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Wal-Mart plans to open four stores in the District of Columbia, The Washington Post reported in its Thursday edition.
The retailer continues to move forward with plans to open smaller outlets in major metropolitan areas. In Chicago, Wal-Mart won approval for its second and third stores in Chicago in the middle of 2010. Get the full story »
(Image courtesy penn-station.com.)
Penn Station East Coast Subs, a cheesesteak-and-fries chain based in Milford, Ohio, has opened its first Chicago area location in Lombard.
The chain expects to have 20 Chicago area locations by 2015.
The first franchise partner is Gordon Hahn, previously of Chicago Bread LLC, a franchise group that operates 31 Chicago-area Panera restaurants. Hahn and his son Kevin are partners at the Lombard locations, and expect to open four more around Chicago. Get the full story »
Teen apparel retailers led generally stronger-than-expected same-store sales in September, with a late start to the back-to-school season helping those chains beat Wall Street forecasts.
Department stores and luxury chains also posted forecast-beating results, though retail experts warn the gains could be short-lived as consumers draw up budgets for the holiday shopping season. Get the full story »
