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Corporate Governance

  • Apple stores getting reboot as company unveils new store design

    One of the most successful formats in the history of retailing is about to get a makeover.        Apple Inc. unveiled its vision for the future of its retail empire, opening a two-level flagship in San Francisco with new design flourishes and service elements that will be rolled out to Apple stores worldwide.     

  • Grandview Yard retail expands

    Columbus, Ohio-based Nationwide Realty Investors’ $650 million Grandview Yard development has consistently been in the news over the past several years, as prominent components of the mixed-use project continue to fall into place and new buildings come online.  

  • Mixed bag for Hibbett Sports

    Hibbett Sports beat the Street on profit in the first quarter, but missed on sales.   The retailer on Friday reported better-than-expected first-quarter earnings of $27.9 million, compared with $27.4 million in the year-ago period. Revenue for the quarter ended April 30 totaled $282.1 million, up from $269.8 million last year.   Comparable store sales increased 1.1%.  

  • Retail real estate execs place winning bets at RECon

    A record 36,000 retail real estate professionals are gathering in Las Vegas this week for the annual RECon conference where for an intense few days they will exchange ideas -- doing deals and showcase hot projects against the backdrop of a challenging retail sales environment and heightened omnichannel activity.  

  • Target, Los Angeles

    A new guest service counter, interactive displays, new food vendors and LED track and valance lighting are just a few of the updates being tested in 25 Target stores in the Los Angeles area.   The initiative, called LA25, features different enhancements Target has been testing across stores and puts them all together to see how they impact stores and the customer experience.    

  • Slow and Steady Wins the Race

    New-build shopping center construction was plodding last year — discounting the outlet category, which continues to grow at record speed. And, yet, sometimes one has to look at the quality of what is coming out of the ground — or expanding — and not just the quantity.

  • American Eagle Outfitters taps Kate Spade exec to head up marketing

    American Eagle Outfitters announced that Kyle Andrew has been appointed executive VP, chief marketing officer, effective June 6.   Andrew served as senior VP, brand director for Kate Spade Saturday from 2013 through 2015. She joined the company in 2008 as head of global brand marketing and played an integral role in the re-positioning of the Kate Spade brand from a $100 million handbag company to a billion dollar global lifestyle brand.  

  • Foot Locker profits hit new heights in Q1; sales miss

    Foot Locker Inc. saw net income reaching unprecedented levels during the first quarter of fiscal 2016, although sales growth missed Wall Street expectations.   Net income rose 4% to $191 million, from $184 million. Higher pretax income offset a slight increase in income tax expense, resulting in the profit boost. Sales also climbed 4% to $1.99 billion, from $1.92 billion. Same-store sales rose 2.9%.  
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