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  • Long-time fashion exec to head Nine West Direct

    NEW YORK -- The Jones Group Inc. announced that it has appointed Sally Ross EVP merchandising for Nine West Direct, effective immediately. Ross' focus will be on leading the merchandise initiatives for Nine West Retail, Nine West Outlet and NineWest.com, and she will report directly to Ron Offir, President, Jones Direct Group, the company reported.

  • Wolstein stepping down as executive chairman of the Developers Diversified Realty board of directors

    Beachwood, Ohio -- The Developers Diversified Realty Corp. board of directors announced the company and Scott A. Wolstein have agreed he will step down from the role of executive chairman of the board of directors.

  • CityTarget is name for retailer’s small format

    Minneapolis -- Another Target store is coming to downtown Chicago as the retailer disclosed it would open a small-format store under the new CityTarget banner in the Sullivan Center development at South State Street and Madison.

  • Abercrombie Q4 earnings nearly double

    New Albany, Ohio -- Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results. The retailer reported net income of $92.6 million, up from $47.5 million a year ago.

    Revenue for the period ended Jan. 29 rose 23% to $1.15 billion, from $936 million. Domestic revenue rose 13%, while international revenue jumped 61%.

    Same-store sales rose 13%.

  • SPL Realty Partners opens in southern California

    Santa Monica, Calif. -- Real estate broker Scott P. Lifschultz announced he has formed SPL Realty Partners, a retail real estate brokerage and consulting company.

    Current clients include CVS/pharmacy, Dean & Deluca, LandMark Retail Group, Johnny Was, Casual Male Retail Group and Destination XL. Based in Santa Monica, Calif., the company’s services include tenant representation, strategic planning, site selection, transaction management, owner representation, leasing & marketing, consulting and investment sales.

  • Bailey Banks & Biddle teams with TD Retail Card Services for credit-card program

    Mahwah, N.J. -- Jeweler Bailey Banks & Biddle said Tuesday it has joined TD Retail Card Services’ L.J.C. private-label credit-card program. 

    Under the agreement, TD Bank, N.A. will direct the L.J.C. program, which features a revolving private-label credit card created specifically for independent and small-chain retailers of jewelry and other luxury items. Cardholders can avail themselves of a number of special financing options, including multiple deferred interest and equal payment promotions.

  • Winn-Dixie closes gap toward quarterly black

    JACKSONVILLE, Fla. — Operations at Winn-Dixie Stores continued to improve across the second quarter, helping to drive shares up by 11 cents to $6.92 per share in mid-day trading.

    “Overall I feel good about our progress this quarter,” Peter Lynch, Winn-Dixie chairman, CEO and president, told analysts Tuesday morning during a conference call. “[We] continued to improve sales through strategic adjustments to our promotional activity.”

  • Parmida Home opens new store

    Dayton, Ohio -- Parmida Home said Tuesday it will open its fifth retail store in the Greene shopping center, located in Dayton, Ohio, on April 1.

    “We are very excited to grow in the Dayton area,” said Parmida marketing director Siotha Vest.

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