Events

Saks Fifth Avenue revealed additional details about its entry into the Canadian market.

The company will open its first-ever store up north, at CF Toronto Eaton Centre, on February 18, 2016, followed by a second location, at CF Sherway Gardens, on February 25. Both centers are in Toronto.

Hhgregg CFO Robert Riesbeck is acting as interim CEO at the appliance, electronics and furniture retailer following the abrupt departure of longtime executive Dennis May.

National Harbor, Md. -- JLL announced that it has been retained by MGM Resorts International to lease the luxury retail promenade in its newest development, MGM National Harbor located in Prince George’s County, Maryland. MGM National Harbor will encompass 308 hotel rooms, a 125,000-sq.-ft. casino, 12 world-class food and beverage venues, a 27,000-sq.-ft. spa, a 3,000-seat theater and 18,000 sq. ft. of high-end luxury retail space expected to open in fourth quarter 2016.

Build a Bear overcame a negative same store sales performance to produce better than expected profits in the fourth quarter.

Just in time for Coachella, H&M is teaming up once again with the world-famous California festival by creating a co-branded coed collection.

The H&M Loves Coachella collection will launch in the U.S. in stores on March 24 with a sneak peek online on March 23. The Coachella festival is held yearly in Southern California in April.

Schimenti Construction has created a new space for Kohl’s Corp. to show off its latest collections.

The 4,000-sq.-ft. showroom, at 1400 Broadway in the garment district of Manhattan, acts as a striking backdrop to the retailer’s latest fashions, with large windows, bright spotlights and a gleaming white epoxy floor. The new space is in the same building that houses Kohl’s design offices. The retailer now occupies 100,000 sq. ft. on four floors.

Nordstrom continues to expand north of the border.

The retailer announced that its Nordstrom Rack off-price division will open its first Canadian location, in Toronto, in 2018.

The 38,600-sq.-ft. store will be located at One Bloor in Yorkville, on the southeast corner of Yonge Street and Bloor Street, a well-known shopping district in Toronto. It will be approximately one mile north of the Nordstrom full-line store, which is scheduled to open in September 2016 at CF Eaton Centre.

Twenty-nine new products were recognized as “Product of the Year,” at a gala event in New York recently, but earning that distinction comes at a hefty price and leveraging it as part of a marketing effort costs even more.