On March 1, 2019, Retail Value Inc. (NYSE:RVI) closed on the sale of the Chick-fil-A Pad at West Allis Center (West Allis, WI) for $2.2 million. Net proceeds were used to repay mortgage debt associated with RVI.
Restaurant sales increased 8.4% to $307.8 million from $284.0 million in the fourth quarter of 2017 - Comparable restaurant sales increased 2.7% compared to an 8.9% increase in the prior year quarter
Today Starbucks celebrated its 30,000th store - opened in Shenzhen, China - marking a significant global milestone for the company.
Total revenues were $306.8 million, a decrease of 10.8%, including the negative impact of $24.3 million from having one fewer week in 2018 compared to 2017