Sheffield Retail Quarter Hammerson plc and John Lewis Partnership remain committed to delivering on the city’s Sevenstone retail project." "The three partners have accelerated discussions by which the Sevenstone retail led project can be brought forward for delivery in Sheffield City Centre. All parties have been focused on a new scheme layout and have agreed the location of a new anchor John Lewis store." "It is anticipated that the new scheme will include up to 700,000 sq ft of retail with extensive food and entertainment venues along with a multi storey car park and high quality public realm throughout. Positive negotiations are ongoing
Retail Ventures Crystal Value, LLC. In connection with the sale, Retail Ventures, Inc.'s wholly owned subsidiary Filene's Basement, Inc. entered into a $100 million secured credit facility with National City Business Credit, Inc. Terms of the credit facility are similar to the predecessor $275 million secured credit facility that was jointly shared with Value City Department Stores and was terminated and replaced as of the date of the transaction. This transaction does not impact Value City Furniture Stores, which are separately owned and operated. Retail Ventures, Inc. continues to operate 259 DSW stores in major metropolitan areas throughout the country. DSW also