NEWS
By Consella A. Lee and Consella A. Lee,Sun Staff Writer | June 9, 1995
Construction crews were already at work yesterday as owners of Glen Burnie Mall announced the addition of two stores and a face lift for the 32-year-old shopping center.The new stores -- Dick's Clothing & Sporting Goods and ImagiMAZE Family Fun Center -- are scheduled to open by fall.The remodeling of the 414,469-square-foot mall is expected to be finished for the Christmas shopping season.The mall is owned by Youngstown, Ohio-based DeBartolo Realty Corp., a real estate investment trust. The Glen Burnie project is part of the company's plan to renovate and expand five other properties, from Seattle to Coral Springs, Fla., said Kenneth H. Lokiec, vice president of shopping center operations.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | May 27, 1998
Jos. A. Bank Clothiers Inc. yesterday reported a sharp jump in first-quarter earnings, driven by the strong performance of its new stores and surging sales in its men's clothing line.Income from continuing operations rose 89 percent, to $828,000 for the quarter ended May 2 from $437,000 in the same period a year ago, the Hampstead-based retailer said.Operating earnings doubled to 12 cents per share in the quarter, compared with 6 cents a year earlier. The latest figure beat analysts' expectations of 8 cents per share.
BUSINESS
By Andrea K. Walker and Andrea K. Walker,andrea.walker@baltsun.com | January 29, 2010
Under Armour's New Year's resolution: Make it a rebuilding year. The Baltimore company, known for its athletic clothing that wicks sweat from the body, will open 15 new outlet stores, revamp its running shoes, upgrade its information technology systems, invest in its Web business and focus more on designing new products. But all the new investment also means that spending and costs will outpace revenue growth, Brad Dickerson, Under Armour's chief financial officer, said in a quarterly earnings conference call with analysts Tuesday.
NEWS
October 31, 2001
HOME DEPOT'S plan to build a new store at Reisterstown Road Plaza amounts to the retail chain's recognition of this reality: Even as Baltimore City's overall population declines, the northwest area straddling the city-county line shows steady growth of well-to-do residents. Watch out; it's just the beginning. Plans on the drawing board include: Redevelopment of Arundel Corp.'s former 255-acre quarry along Greenspring Avenue into a lakeside community of 40 single-family homes, 100 townhouses and 459 multifamily units.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | August 25, 1999
Jos. A. Bank Clothiers Inc. saw earnings dip 12 percent in the second quarter, the Hampstead-based men's apparel retailer reported yesterday.The chain reported net income from continuing operations of $526,000, or 8 cents per share, compared with $597,000, or 9 cents per share, during the corresponding period a year ago. It attributed the decline to costs of operating new stores, increased advertising to sell leftover spring inventory and becoming Y2K...
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | February 13, 1998
Jos. A. Bank Clothiers Inc. plans to accelerate its growth by opening twice as many new stores as it originally planned over the next three years, the men's clothing retailer said yesterday.The Hampstead-based company plans to open 65 more stores nationwide. Most will add to Bank's existing base of 87 stores in 31 states, but some will replace older stores. The expansion would accelerate the pace of 10 to 12 new stores per year that the company had previously planned."There's a greater demand for us," Timothy F. Finley, Bank chairman and chief executive officer, said yesterday.