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Finance & Capital Management

  • Ross Dress for Less expands in Keystone state

    Ross Dress for Less opened a new store in Jenkintown, Pennsylvania, on March 5.

    The 26,000-sq.-ft. store is located in the Noble Town Center, 15 miles north of downtown Philadelphia, at the northeast corner of Old York Road and The Fairway.

    The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

  • Aaron’s makes a difference in D.C., and beyond

    Store managers from 2,000 Aaron’s location gathered in Washington, D.C., for their annual meeting and to participatein a wide range of unique community outreach efforts.

    The giving efforts kicked off with a donation event in which Aaron's donated furniture to 28 apartments for families who have experienced homelessness. This effort supports Washington, D.C., Mayor Muriel Bowser's (pictured above) efforts to ensure safe, dignified housing for all Washingtonians and end homelessness in the District of Columbia.

  • Mattress Firm names company veteran CEO

    The integration of a major acquisition and the accelerated closure of non-performing stores top the list of priorities awaiting Ken Murphy as he assumes leadership of the nation’s largest bedding retailer.

  • Macy's names REIT expert to board amid pressure to sell off real estate

    Macy's has added an expert in real estate investments its board as the department store retailer remains under pressure from an activist investor to spin off some of its real estate into a real estate investment trust.

  • Survey: Retail CFOs upping investment in store remodeling/redesign

    Retail CFOs are bullish on online sales growth, but they are focusing fewer dollars on building out their online presence in 2016 as they look instead to enhance the in-store experience in response to omnichannel expectations.

  • Hot Canadian brand signs lease for first U.S. store

    A popular goose has found a nest in Manhattan’s SoHo neighborhood.

    Canada Goose, best known for its signature goose-down jacket with Arctic Circle logo and fur-trimmed hood, has signed a lease for an approximate 4,400-sq.-ft. store on Wooster Street, The Real Deal reported. The asking rent for the space, according to the Real Deal, was $550 a foot.

  • Pop-Up originator names new CEO

    Hickory Farms is looking for new ways to grow following the operator of the company acquisition last fall by a private equity firm and the recent appointment of a CEO who spent time at RedBox and Crate & Barrel.

  • Tween and teen retailers remain financially vulnerable

    Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

    At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.

  • This American retailer is joining a select group

    Tommy Hilfiger will be inducted into the World Retail Hall of Fame at the 10th Annual World Retail Congress, to be held at the Madinat Jumeirah in Dubai on April 12-14.

    Hilfiger introduced his signature collection in 1985. Since then, the business has grown from a single menswear collection to a global lifestyle brand achieving over $6.7 billion in retail sales in 2014. There are over 1,400 Tommy Hilfiger stores in over 115 countries.

  • Sherwin-Williams in $11.3 billion acquisition

    Two of the biggest names in the U.S. paint industry are combining forces.

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