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  • Polaris Fashion Place turns 10

    Central Ohio’s largest mall opened 10 years ago, and has continued to improve and evolve over a sometimes tumultuous decade, thanks to a hands-on management approach by its owner Glimcher Realty Trust, based in Columbus, Ohio.  Chain Store Age talked with Michael Glimcher, president and CEO of Glimcher Realty Trust, about Polaris Fashion Place and how it has stood the test of time.

    In its 10-year history, how has Polaris Fashion Place changed/evolved over the decade, especially during the more recent recessionary climate?

  • Apple unveils new entry for Fifth Avenue flagship

    New York City -- Apple on Friday unveiled a new glass entrance for its store on New York City's Fifth Avenue.

    The original 32-ft. glass cube previously used 90 panes of glass. The new design has a more sleeker, slimmed-down look and features 15 larger, seamless panes. Apple also updated the plaza outside the store.

    The total project cost Apple a reported $6.7 million.
     

  • CE space gets a TRU player

    WAYNE, N.J. — Toys“R”Us is looking to become a bigger player in the consumer electronics space by announcing the expansion of key categories and dedicated store space.

  • Report: Apple to allow shoppers to finalize own in-store purchases

    New York City -- Apple will spend $900 million on its stores in fiscal 2012, up from $614 million this year, according to Tech Observer, which cited a new research note from UBS analyst Maynard Um.

    The report also said that that Apple plans to give shoppers the ability to complete their own in-store purchases via its iOS application for the iPhone. The new application will apply only to accessories and on-the-shelf items, and not more costly item like the iPhone, iPad, or Macs.

  • Totsy names new CTO and creative director

    NEW YORK —Totsy, a private sales site dedicated to offering exclusive deals to parents, babies and children, announced that it has named a new chief technology officer and a new creative director.

    The company has appointed Richard Minns as chief technology officer. Minns brings 15 years of corporate experience in technology and e-commerce, most recently from 1800FLOWERS.com.

  • Customer Growth Partners: Holiday sales to rise 6.5%, to $554 billion

    New Canaan, Conn. -- Value-focused but financially healthier American consumers will propel 2011 holiday sales to a record $554 billion, according to retail consultancy Customer Growth Partners’ 10th annual holiday forecast. The forecast, which is significantly more upbeat than other holiday surveys, predicts total retail sales growth of 6.5% for the November-December period over last year, the most rapid growth since 6.9% in 2004 — and over twice consensus forecasts called for lackluster growth of only 2.5%-3%.

  • Survey: Apple brands dominate youth market

    New York City -- Apple brands dominate the youth market, and account for the top rankings in computers, tablets and mobile phones, according to the 2012 Harris Poll Youth EquiTrend study by Harris Interactive. The annual study tracks the brands that Americans aged 13 to 24 prefer. It estimates that

    With young Americans expected to spend $211 billion in 2012, knowing which brands they favor will help corporate America prepare for the upcoming holiday season, according to the survey.

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