Events

Las Vegas -- New York City-based Robert K. Futterman & Associates announced that Skechers has opened inside Miracle Mile Shops at Planet Hollywood Resort & Casino, in Las Vegas.

Miracle Mile Shops at Planet Hollywood Resort & Casino is a 1.2-mile retail/entertainment complex on the Las Vegas Strip featuring 170 specialty stores, 15 restaurants and three live entertainment venues.

It is owned by David Edelstein and Aby Rosen, in conjunction with leasing and marketing consultant Robert K. Futterman & Associates LLC. 

Schaumburg, Ill. - Nearly one in five Americans will shop on Black Friday, and more than half (61%) plan to spend $100 to $500, according to a new survey by The Nielsen Company.  Among the likely Black Friday winners are department stores, with 76% of consumers planing to shop the channel, and supercenters/mass merchandisers, where 55% will shop.

Washington - Retailers have big  plans for Cyber Monday (the Monday after Thanksgiving), according to Shop.org’s eHoliday Survey, conducted by BIGresearch. Nearly nine in ten (88.2%) retailers will have a special promotion for Cyber Monday, up from  72.2% in 2007.

San Francisco — Gap has joined the growing ranks of retailers opening holiday pop-ups. The chain has teamed with the New York City hipster publication Cool Hunting to open a temporary store at Gap's 5th Avenue and 54th Street gallery space. It will be open through Jan. 2, 2011, and feature more than 100 products hand-selected by Cool Hunting's editors.

New York City -- The NBA Store on Fifth Avenue in Manhattan will close in late February, due to rising rent. The company said it is looking for a new location in the city.

Milford, Conn. -- Don Fertman, chief development officer for the Subway sandwich chain, is the latest executive to go undercover on the CBS television series “Undercover Boss.” Fertman, a 29 year veteran of the restaurant chain, will be seen baking bread, stocking sandwich ingredients, slicing vegetables, taking inventories and serving customers, on the episode that airs Nov. 21, at 9 p.m. ET/PT on CBS.

New York City -- Foot Locker on Thursday reported a profit for its third quarter on stronger margins for the retailer.

The company said it earned $52 million for the quarter that ended Oct. 30. That compares with a loss of $6 million during the same period year earlier, when the company also had $22 million in impairment charges.

Revenue rose 5% o $1.28 billion. Same-store sales were up 8.1%.