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Business, regional

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The good times roll away

Article Abstract:

Kossman Development Co. is closing down its Warehouse Flea Mart in North Versailles, PA, to make way for a new 22-screen theater megaplex. Merchants in the 120,000-sq-ft site are notified to move out up to July 22, 1998, as the new tenant will begin the construction of the megaplex on Aug. 1, 1998. Operators of nearby Eastland Mall and Marketplace are already eyeing the opportunity of absorbing the Warehouse Flea Mart vendors as the former makes expansion plans. New Jersey-based Destina Theatres will spend an estimated $30 million to bring the latest development to North Versailles, and to another Kossman property in Collier, PA. The theaters, which are expected to open by spring 1999, will create an approximately 300 jobs.

Comment:

Is closing down its Warehouse Flea Mart in North Versailles, PA, to make way for a new 22-screen theater megaplex

Author: Lindeman, Teresa F.
Publisher: PG Publishing Company
Publication Name: Pittsburgh Post-Gazette (PA)
Subject: Business, regional
ISSN:
Year: 1998
Misc Retail Stores, All Other Miscellaneous Store Retailers (except Tobacco Stores), Retail trade, Retail stores, Kossman Development Co.

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NRM faces the music with big plans

Article Abstract:

National Record Mart Inc. (NRM) of Pittsburgh, PA, aims to be able to sell used CDs on the Internet by fall 1998. The move by NRM is one of the firm's several strategies to help increase its sales to $150 million in 1998. Meanwhile. NRM Chairman and CEO William A. Teitelbaum stated that the company intends to open 20 of its new Waves stores by December 1998. Teitelbaum added that the company, which has already selected suitable sites for the new stores, wants to see whether its Music X alternative music test will be successful in Pittsburgh.

Comment:

Intends to open 20 of its new Waves stores by December 1998

Author: Lindeman, Teresa F.
Publisher: PG Publishing Company
Publication Name: Pittsburgh Post-Gazette (PA)
Subject: Business, regional
ISSN:
Year: 1998
Marketing procedures, Prerecorded Tape, Compact Disc, and Record Stores, Record Stores, Music stores, National Record Mart Inc.

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Subjects list: Pennsylvania, Article
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