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Gilroy
December 27, 2024

Briefs

New women’s outlet store to open later this month
Gilroy – The woman’s apparel, accessories and footwear store,
J.Jill, will open at the Gilroy Prime Outlets on Sept. 15.
New women’s outlet store to open later this month

Gilroy – The woman’s apparel, accessories and footwear store, J.Jill, will open at the Gilroy Prime Outlets on Sept. 15.

J.Jill offers designs from everyday chic to casual business attire appealing to active and affluent women, age 35 to 55. The clothes are made with natural fibers including cotton, linen, wool and cashmere.

J.Jill will have its signature fountain, designed to enhance the soothing and casual environment.

The store will be located at 8555 San Ysidro with business hours set for Monday through Saturday 10am to 9pm and Sundays 11am to 6pm.

Construction of plaza expected to be completed in next few months

Gilroy – The construction of a new plaza on First and Princevalle streets that began in December of 2003 is expected to be complete in three to four months and will contain a mix of new businesses and familiar local ones.

Named Princevalle Plaza, the 10,100 square foot complex holds five separate businesses, including an H&R Block, a bail bonds company and Princevalle Pet Hospital, which was formerly Westwood Animal Clinic. GF Construction is also busy negotiating with a restaurant for one of the tenant spaces.

The exterior was finished on schedule and GF Construction is currently working on the interior.

Santa Clara-based computer giant lowers financial projections

San Francisco – High-tech bellwether Intel Corp. lowered its financial projections Thursday, providing the latest sign of the economy’s doldrums.

The Santa Clara-based computer giant said its third-quarter revenue will range from $8.3 billion to $8.6 billion. Management previously forecast revenue ranging from $8.6 billion to $9.2 billion for the three-month period ending Sept. 25.

The mean revenue estimate among industry analysts had been $8.9 billion, according to Thomson First Call.

Adhering to its usual practice, Intel didn’t provide precise earnings guidance in its update, but management warned gross profit margins are sagging.

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