Friday 5 September 2008
Model D writer, Terry Parris Jr., takes on Detroit transit | Marvin Shaouni

Detroit In The News

March 22, 2007

JC Penney's intent to locate in Detroit seen as positive sign for retail

Excerpt:

The department store's interest reflects some major retailers'
strategy to consider areas they've overlooked, said Fred Marx, partner
in Marx Layne & Co.

"You look at that population of potential shoppers that are not being
served," Marx said. Pharmacy chains like CVS took that route and saw
success, Marx said.

Read the entire article here.