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  • Former Bloomingdale CEO Marvin Traub dead at 87

    New York -- Marvin S. Traub, Bloomingdale’s president and CEO for 22 years, died Wednesday at age 87. Traub had suffered from bladder cancer.

    Traub is credited with turning the Bloomingdale’s Manhattan flagship – at Lexington and 59th – into a showcase. He started as a merchandising manager in 1962, and was named president in 1969.

  • Macy’s and Kohl’s post disappointing results in June

    New York -- Analysts expected 18 top retail chains to report a modest gains in June, as high unemployment and falling consumer confidence have taken a toll on spending.

    Among the department store retailers reporting June same-store results so far, the results were largely mixed. Macy’s was among the retailers reporting sales that fell short of estimates. Same-store sales rose 1.2% in June, missing Wall Street’s projected 1.9% gain.

  • Francesca’s opens at Willow Grove Park

    Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Francesca’s Collections has opened a 1,046-sq.-ft. store at Willow Grove Park, located in Willow Grove, Pa.

    Laila Rowe is slated to opena 1,181-sq.-ft. store in September.

  • La Boulange du Dome opens at Westfield San Francisco Centre

    San Francisco -- Westfield Group said that its Westfield San Francisco Centre has added another celebrated chef to its roster with the opening of La Boulange du Dome by French master baker Pascal Rigo on June 25.

  • Bahama Breeze to open first unit in Virginia

    Woodbridge, Va. -- Island-inspired restaurateur Bahama Breeze will make its Virginia debut with a freestanding location at Potomac Mills, the largest outlet and value retail shopping destination in Virginia.

    The new location will be adjacent to The Cheesecake Factory and a first-in-market Bobby’s Burger Palace opening this November in a new plaza to be developed on the south side of Potomac Mills.

  • Simon opens Merrimack Premium Outlets

    Merrimack, N.H. -- Indianapolis-based Simon Property Group said Thursday that it has opened Merrimack Premium Outlets, an upscale outlet shopping center serving the Greater Boston and Nashua markets.

  • Future of Macy's Inc. in hands of thousands of students, graduates

    CINCINNATI — Macy's Inc. has invested in the future of America, by hiring more than 1,000 college and university students for its Executive Development Program and for summer internships nationwide.

  • Macy’s same-store sales rise 4.2% in May on strength of online

    Cincinnati -- Macy’s reported Wednesday that same-store sales for the month of May increased 4.2% compared with the previous year. Revenue rose 4.1% to $2.02 billion.

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