Any word on more retail for downtown Detroit ?

[stasu1213]

Restoration Hardware had their first quarterly loss in years this year. Probably waiting for July earnings to see if they should be spending more to expand. They are pretty much dependent on the "luxury retail" market which is very discretionary.

They went public in late 2012 at $30 a share and reached a high of $106 a share in late 2015. They have dropped back down to $30 a share again [[once dipping as low as $24 a share in June 2016).

Methinks that they are not ready at this time to risk a downtown store in Detroit.

I thought that Art Van were considering expanding to the downtown market

[Danny]

Jazz Convenient Store on Woodward Ave is a now a place for loiters. It needs to be controlled.