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Stock impact report

Uniqlo is latest addition to downtown L.A.’s the Bloc [Los Angeles Times (CA)]

Fast Retailing Co Ltd (FRCOY)  More Company Research Source: Los Angeles Times
NASDAQ:AMEX Investor Relations: fastretailing.com/eng/ir
PDF Uniqlo is latest addition to downtown L.A.’s the Bloc Fast Retailing Co. Ltd.’s Uniqlo on Thursday opens its ninth store in the Los Angeles area in downtown at lifestyle center The Bloc . The retail center, which has a Macy’s and recently opened Nordstrom Local , is part of a mixed-use project that also includes the Sheraton Grand Los Angeles hotel and office space. The center was redeveloped following National Real Estate Advisors, The Ratkovich Co. and Blue Vista Capital Management partnering in 2013 to acquire what was then the Macy’s Plaza, spending some $180 million to turn it from indoor mall to outdoor center. For Uniqlo , the two-story door is its ninth in the Los Angeles area and totals 12,000 square feet. Los Angeles is viewed as a critical market for the retailer and downtown’s momentum with new development, restaurants, entertainment and the arts was an attractive pitch for Uniqlo, according to the company’s head of U.S. marketing Suzanne Seymour. “I think that we have ove [Read more]
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