National Basketball Association (NBA)

Unibail-Rodamco-Westfield has begun driving traffic to some of its higher-end malls by literally driving the traffic to the malls.

Fred Simon, landlord to hundreds of retail chains for one the world’s largest retail REITs, died last week at 89, according to a report in the Indianapolis Star. 

Tissot has opened a concept store that celebrates its status as the official watch and timekeeeper of the NBA.

When it comes to the most talked about brands, a retail giant and a cable news network are at the top of the pack — offline and online respectively.

Oklahoma City Mayor Mick Cornett won’t have occasion to announce a championship for the OKC Thunder this year, but he did stop by the RECon show in Las Vegas to crown the OKC Outlets.   The former Outlet Shoppes at Oklahoma City was sold by CBL to The Outlet Resource Group and Singerman Real Estate earlier this month. The new owners wasted no time putting its own brand on the center. “OKC” is the abbreviation commonly used by NBA fans to identify the Thunder.  

There’s a new sneaker on the scene that promises to make a slam dunk — albeit not on the basketball court.    Called “Pie Tops,” Pizza Hut’s new white-and-red trimmed kicks are more than a functional sneaker. Featuring geolocation technology that links to an app (separate from the chain’s mobile app), users can order a large two-topping pizza just by pressing a button embedded in the shoe’s tongue, according to Pizza Hut’s new 30-second commercial featuring retired NBA player, Grant Hill.

Young children looking for the carousel at Westfield’s Garden State Plaza mall in Paramus, New Jersey, were disappointed this past holiday season. Their older siblings, cousins, and perhaps even parents, were not.  

Another high-profile retail attraction has opened at Disney Springs, Walt Disney World Resort, Lake Buena Vista, Florida.   The Coca-Cola store is designed to offer customers an immersive brand experience. Modeled after a 1920s Coca-Cola bottling plant, the store celebrates the history of the brand, starting on the exterior where the glass-accented entry pays tribute to the iconic Coke green glass bottle.    

Under Armour continued its winning ways in the first quarter, beating sales and earnings forecast as net revenue rose 30%. The brand has had 24 consecutive quarters — six years — of sales growth of more than 20%.

Sales rose to $1.05 billion for the quarter that ended March 31, up from $805 million in the first three months of last year. The company noted that footwear sales soared more than 60% to $264 million amid the popularity of NBA superstar Stephen Curry’s signature basketball shoe line and expanded running offerings.

Buoyed by strong holiday sales, Express reported impressive results for its fourth quarter as the company’s turnaround remained on track. The chain issued an upbeat earnings forecast for the full year.

The specialty retailer reported better-than-expected net income of $56.1 million, or 67 cents per share compared to $41.8 million, or 49 cents per share, in the year-ago period.