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  • H&M opens first store in Hawaii

    New York -- H & M, Hennes & Mauritz AB opens its first Hawaii store in Waikiki on March 28. The store features a one-of-a-kind installation featuring artwork of local surf photographers Mike Coots, Sarah Lee and Zak Noyle.

    The Waikiki store has hired 160 local employees.

  • Brookstone preparing to file bankruptcy; eyes acquisition by Spencer’s

    New York -- Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by another specialty retailer, the Wall Street Journal reported.

  • AC Hotels by Marriott to Liberty Center in Cincinnati

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  • PetSmart opens new DC in Pennsylvania

    Phoenix -- PetSmart on Friday celebrated the opening of a new distribution center in Berks County, Pa.

    The new facility will bring an estimated 500 jobs to Berks County by the end of 2016. The 870,000-sq.-ft. DC will serve 25% of PetSmart’s stores in eleven states, handling and delivering consumables, hard goods and fish to 170 PetSmart stores in 2014 and more than 260 stores by 2015.

  • Lane Bryant opens new stores in New Jersey, Texas

    Columbus, Ohio – Lane Bryant opens two new stores in Marlton, N.J., and Odessa, Texas on March 28. The New Jersey store is located at Willow Bridge Plaza and the Texas store is located at Chimney Rock.

    Lane Bryant operates 775 stores nationwide and also operates an e-commerce site.

  • Restoration Hardware swings to Q4 profit; plans seven new stores

    Cortre Madera, Calif. – Restoration Hardware Holdings Inc. (RH) swung to a profit in the fourth quarter of fiscal 2013 amid ongoing sales growth. The retailer posted net earnings of $26.64 million, compared to a net loss of $28.36 in the year-ago period.

    Net revenues grew 18.5% to $471.69 million, from $398.05 million. Same-store sales grew 17%.

  • PetSmart opens distribution center in Berks County, Pa.

    PetSmart CEO David Lenhardt was joined by Lt. Governor Jim Cawley of the Commonwealth of Pennsylvania and Congressman Charlie Dent (PA-15) at the grand opening of PetSmart’s new distribution center (DC) in Berks County, Pa.

    This DC will bring an estimated 500 jobs to Berks County by the end of 2016. The 870,000-sq.-ft. facility will serve 25% of PetSmart’s stores in 11 states, handling and delivering consumables, hard goods and fish to 170 PetSmart stores in 2014 and more than 260 stores by 2015.

  • Doerken acquires Oceanside, Calif., shopping center

    Oceanside, Calif. — Doerken Properties Inc. has acquired Flags on Mission Shopping Center in Oceanside, Calif., for $12.6 million. El Super grocery and dd’s Discounts anchor the 107,600-sq.-ft. property.

    The Carlsbad, Calif., office of Lee & Associates brokered the transaction representing both the buyer and the seller, Mission Avenue Investors.

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