Joe Moore / Valley Public Radio

Fresno’s Fig Garden Village Shopping Center has a new owner today. New York-based Rouse Properties has announced that it has purchased the outdoor mall for just over $106 million.

In a prepared statement company CEO Andrew Silberfein said the corporation sees  “significant value creation opportunities” at the center and plans to add “more powerful and productive retailers” in the future.

A downtown Fresno gift store that specializes in handmade and "indie" arts and craft products is set to close.

Store owner Melanie Davis announced that she plans to shut down retail operation on the boutique's Facebook page Tuesday morning. She says the shop will stay open through the end of March:

This week on Valley Edition, we look at the dangers of crime this holiday season, talk about how holiday shopping is boosting the sales of local Valley merchants, and profile the ImagineU Children's Museum in Visalia. 

Valley Edition for December 20, 2011: