Crate & Barrel

Denver -- OliverMcMillan in partnership with Invesco Real Estate has purchased the retail portion of Clayton Lane, a mixed-use center located in Denver. The retail project consists of more than 182,000 sq. ft. of retail in six buildings with underground parking.

The property sits in the heart of Denver’s Cherry Creek North and is anchored by Crate & Barrel and Whole Foods Market. Feature retailers include Orvis, HW Home, North, White House | Black Market, Bose and more.

Twitter, Facebook, Instagram, Pinterest and YouTube have some new competition as social commerce tools.

Visual commerce provider Curalate is releasing Curalate Reveal, a new solution enabling consumers to discover and shop products by clicking on images in blogs. Thus retailers can create shopping experiences on their own blogs or blogs of key influencers.

Twitter, Facebook, Instagram, Pinterest and YouTube have some new competition as social commerce tools.

Visual commerce provider Curalate is releasing Curalate Reveal, a new solution enabling consumers to discover and shop products by clicking on images in blogs. Thus retailers can create shopping experiences on their own blogs or blogs of key influencers.

Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

Dallas -- Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

Tindell was inducted into the World Retail Hall of Fame during a closing day ceremony at the World Retail Congress in Rome, Italy. Now in its ninth year, the World Retail Hall of Fame has honored founders of some of the retail world’s most iconic brands.

New York -- Crate & Barrel has nabbed a CEO from the executive ranks of a much more upscale competitor.

The home furnishings retailer named Doug Diemoz, currently chief development officer at Restoration Hardware, as CEO, effective Aug. 1. He replaces Sascha Bopp, who was named CEO in 2012 but left in August 2014. Crate & Barrel COO and CFO Adrian Mitchell has been interim CEO during the search for a permanent replacement.

New York -- Rising rents are causing another national chain to exit a high-profile location in Manhattan. Home-furnishings retailer Crate & Barrel will close its flagship on Madison Avenue (at 59th Street) on Aug. 2, after negotiating an early exit from its lease, according to the Wall Street Journal. The store opened in 1995.

The closing will leave the city with just one Crate & Barrel, in the Soho section of downtown Manhattan.

Crate & Barrel is joining Toys"R"Us and other retailers shutting down Manhattan flagship locations due to skyrocketing rent prices.