Neiman Marcus

DALLAS — Karen Katz, president and CEO of Neiman Marcus announced that John E. Koryl will be joining the company, June 20, as president of Neiman Marcus Direct. Koryl succeeds Gerald Barnes, who will become EVP, chief merchant Neiman Marcus Direct.

Koryl, 40, joins Neiman Marcus from Williams-Sonoma where he was the SVP e-commerce marketing and analytics. Prior to Williams-Sonoma, Koryl was senior director marketing solutions at eBay and has worked at UmbrellaBank, Creditland.com, and Accenture.

Town Center at Boca Raton, in Boca Raton, Fla., has launched a redesign of its food court that will see it re-emerge as The Cafes at Boca.

Dallas -- In another sign that the luxury market is turning around faster than other retailing segments, Neiman Marcus’ third-quarter profit more than doubled.

The company's net income for the three months ended April 30 rose to $46.2 million, from $18.5 million.

Revenue rose 10% to $983.8 million, from $895.2 million last year. Same-store sales increased 9.7%.

Neiman Marcus operates 41 Neiman Marcus stores across the United States, 30 Last Call clearance stores and two Bergdorf Goodman stores in New York.

Boca Raton, Fla. — Indianapolis-based Simon Property Group announced that Ann Taylor will open a new store at its Town Center at Boca Raton development in Boca Raton, Fla.

The retailer’s first new-concept store in Palm Beach County, the space features a runway of mannequins running down the middle of the store as well as a series of shops-within-shops.

Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that Soma Intimates, a Chico FAS company, will open on May 25 at Town Center at Boca Raton, located in Boca Raton, Fla.

DALLAS -- High-end apparel retailer Neiman Marcus has announced the launch of NMdaily, a fashion blog, which the company said will provide daily updates from "the front lines of the design world." 

"By producing a blog with a truly editorial point of view, we are creating a new and exciting online customer experience," said Wanda Gierhart, CMO Neiman Marcus Group. "NMdaily is central to our social media activities."

Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that Brazilian shoe and accessories retailer has opened its first U.S. store at the Town Center at Boca Raton, located in Boca Raton, Fla.

This opening marks Santa Lolla’s 105th location worldwide.

“We see Florida as an important part of our future expansion strategy and are very excited about the opening of our first U.S.-based boutique,” said Marcela Bussamra, marketing director for Santa Lolla.

Rockville, Md. -- Federal Realty Investment Trust said Monday that The Fresh Market will open a new store at Congressional Plaza, a 332,000-sq.-ft. regional shopping center in Rockville, Md.

The store, the specialty grocer’s first in Montgomery County, will measure 19,860 sq. ft. Recent openings at the center include Last Call Studio by Neiman Marcus and Matchbox Vintage Pizza Bistro.

Acquired by Federal Realty in 1965, Congressional Plaza is a regional shopping destination anchored by Buy Buy Baby and The Container Store.