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  • Banana Republic opens in Paris

    PARIS — Gap Inc. announced the opening of its first Banana Republic store on Avenue des Champs Élysées in Pais, France. According to the company, the 15,952-sq.-ft. space will house the brand’s women’s and men’s collections and represents the most contemporary expression of the brand globally.

  • NYSW Beverage Brands names new president

    NEW YORK — NYSW Beverage Brands has named Amir J. Daibes, P.E., the new president and part owner of the company. Daibes joined the New York-based bottled water company after more than 30 years in the engineering, manufacturing and construction industry.

    “This is an exciting, young company positioned for growth with great products and tremendous potential in the marketplace,” Daibes said.  “I am honored to be part of the team, and look forward to building its brands and footprint.

  • Lowe's to open customer support center in New Mexico

    MOORESVILLE, N.C. — Lowe’s announced that it plans to open a new customer support center in Albuquerque, New Mexico. The center is expected to be operational during the first quarter of 2012 and is estimated to create 250 jobs by March and a total of 600 jobs by the end of 2013.

  • U.S. consumer confidence holds at recession levels

    Washington, D.C. -- A report released Thursday said that consumer confidence in the U.S. was little changed for a second week, holding at a level typically reached during past recessions.

    The Bloomberg Consumer Comfort Index was at minus 50.3 in the period ended Dec. 4, after a reading of minus 50.2 the prior week. The gauge has been at minus 50 or worse for 11 of the past 12 weeks.

  • Saks redesigns SaksPOV website

    New York City -- Saks Fifth Avenue announced Thursday a redesign of the SaksPOV website.

    SaksPOV presents a point of view from Fifth Avenue on fashion, culture and art, and the site features robust multimedia content, designer features, Saks brand coverage and lifestyle pieces. SaksPOV launched initially in December 2010.

    “We will use SaksPOV as an outlet to engage with our customers and as a portal for our fashion lifestyle content,” said Denise Incandela, CMO and president of Saks Direct.
     

  • Barnes & Noble earns top rating in 2012 Corporate Equality Index

    New York City -- Barnes & Noble said Thursday it has earned the top rating of 100% for the fourth year in a row in the 2012 Corporate Equality Index, an annual survey administered by the Human Rights Campaign Foundation.

    Barnes & Noble joins the ranks of 190 other major U.S. businesses, which received top marks for their treatment of lesbian, gay, bisexual, and transgender employees and consumers.

  • New York ICSC show delivers positive attitude, movement

    New York City -- By all reports, the ICSC New York deal-making conference, held Dec. 5 and 6 in New York City, delivered what the retail and shopping center industries were waiting for: A sense of forward progress.

    Chain Store Age heard mostly positive comments from the show, such as “I haven’t seen this much deal action since 2006,” from one happy retail broker in the aisles of the New York Hilton meeting space. Mall developers unveiled redevelopment plans, and social media innovations and rollouts were the theme of the conference.

  • Gap debuts first Banana Republic flagship in France

    Paris -- Gap Inc. announced Thursday the opening of its first Banana Republic store in France, located in Paris on Avenue des Champs Élysées.

    The 15,952-sq.-ft. space will house the brand’s women’s and men’s collections. “We are thrilled to open our first Banana Republic store in France -- a brand-building flagship in Paris -- and reach yet another important milestone for our international growth strategy,” said Stephen Sunnucks, president, International, Gap Inc.

  • Brand presidents named for Dressbarn and Maurices

    Suffern, N.Y. -- Ascena Retail Group said Thursday it has appointed Jeff Gerstel as president of Dressbarn, and named George Goldfarb as president of its Maurices brand, both effective immediately.

    The new executives will report to David Jaffe, president and CEO of Ascena Retail Group.

    Gerstel joined Dressbarn in 2006 as senior VP operations and most recently served as executive VP and COO.

    Goldfarb joined Maurices in 1985, was named CFO in 2003, and most recently was its executive VP and COO.

  • Conn's posts wider Q3 loss, names new president

    Beaumont, Texas -- Conn’s Inc. reported Thursday that losses in the third quarter widened to $12.7 million from $4.8 million a year ago.

    Sales rose 5% to $179.5 million.

    The electronics retailer also announced that it made Theodore M. Wright its permanent president and CEO. He had been the company’s interim president and CEO since February 2011.

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