Events

The National Retail Federation has announced the development of a new chief marketing officer council to serve as an advertising and marketing voice for the retail industry. The organization’s Retail Advertising and Marketing Association will transition into the newly created council.

Lake Charles, La. – Club Tabby, a tween girls retail party store concept, has partnered with California-based franchise development group Franchise Beacon to open a location in Willow Grove, Pa.

Franchisee Nicole Collado said she plans to open two more Club Tabby stores in the next five years.

“I fell in love with the concept,” Collado said.

Club Tabby hosts parties, does makeovers, and offer retail products that focus on making girls feel pampered and special.
 

City Of Commerce, Calif. — 99 Cents Only has announced the opening of two new stores. The retailer will open an 18,960o-sq.-ft. store in McAllen, Texas, and an 11,685-sq.-ft. store in Laveen, Ariz. The grand opening of each store will feature the sale of Westinghouse Flat Screen TVs for only 99 cents each to the first nine customers in line to visit the store.

Both stores will feature a perishable food department, including produce, dairy and frozen foods.
 

Orlando, Fla. — Fresh grill and wine bar Seasons 52 has announced plans to open its first Colorado location in Lone Tree next summer.

The restaurant offers a piano bar and live music nightly.

San Francisco — Investment and management firm Jamestown has acquired Ghirardelli Square, a 100,394-sq.-ft. lifestyle and entertainment-oriented retail complex located at San Francisco’s Fisherman’s Wharf for an undisclosed sum. The retail portion of the asset was 55 percent leased at the time of the sale, which includes the Ghirardelli Square Chocolate Company’s U.S. flagship location and numerous boutique shops and restaurants.

J.C. Penney is looking to raise $750 million to $1 billion in cash equity. According to Reuters, J.C. Penney, which is valued at $2.6 billion, is considering issuing new stock shares as well as other unspecified alternatives.

New York -- J.C. Penney on Thursday shot back at reports that its sales were weak in the late August and early September back-to-school season and said it was pleased with the progress of its turnaround efforts.

The company said it still expected positive comparable-store sales trends coming out of the third quarter and throughout the fourth, adding that its online sales continue to rise in double-digits over last year.

Mars Chocolate North America has announced that Tim Quinn, VP of trade development, has agreed to chair the National Confectioners Association’s (NCA) 2014 Sweets & Snacks Expo for the third year in a row. 

The expo is the largest venue representing all major U.S. distribution channels of candy and snack products in one location, attracting more than15,000 industry professionals from 90 countries in May 2013.