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Transform SR Brands LLC

  • Urban Retail named manager for Shawnee Mall and Brazos Mall

    Chicago -- Urban Retail Properties LLC said it has been awarded the contract by Five Mile Capital Partners LLC to provide management and leasing services for Shawnee Mall located in Shawnee, Okla., and Brazos Mall in Lake Jackson, Texas, effective immediately.

    Shawnee Mall is a one-level enclosed regional shopping center anchored by Dillard’s, Sears and J.C. Penney. The tenant line-up includes a newly remodeled Jones Theatres Movies Six, Old Navy, Ross Dress For Less, Buffalo Wild Wings and over 70 specialty stores.

  • Skechers sues Sears

    New York City -- Skechers USA has sued Sears Holdings Corp, alleging that the chain was selling footwear that infringed on some of Skechers brands, including its toning Shape-ups line, Reuters reported.

    "While we value our relationship with Sears, their actions are causing us tremendous damage, and we simply cannot let any company, let alone a company the size of Sears, infringe on our most valuable intellectual property," Philip Paccione, general counsel of Skechers, said.

  • Something to sneeze at

    An over-the-counter version of the antihistamine Allegra hit the marketplace this past Friday amid a promotional frenzy that was consistent with the approach taken when similar products such as Claritin and Zyrtec became available without a prescription. As was the case with other products before it, retailers are eager to get their share of sales so there tends to be considerable activity around the launch.

  • New execs named at Zale Corp.

    DALLAS -- Zale Corp. announced that Jeannie Barsam has been named SVP merchandise planning and allocation, and Toyin Ogun has been named SVP human resources and customer service.

    “Jeannie and Toyin add both critical experience and depth to our leadership team,” said Theo Killion, CEO. “These appointments exemplify the strategic investments we are making in organizational capability to drive our turnaround initiatives.”

  • Regal to open 14-screen theater at West Oaks Mall

    Houston -- Square Mile Capital Management and Pacific Retail Capital Partners, owners of West Oaks Mall in Houston, announced an agreement with Regal Entertainment Group to bring its Edwards Theatres to the center with a 14-screen multiplex.

    The Edwards Theatre will be the entertainment anchor for the redevelopment of the mall.

  • Brazil’s Santa Lolla makes U.S. debut at Town Center at Boca Raton

    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.

  • Report: Kmart offering paperless receipts

    New York City -- Kmart is now offering paperless receipts, according to a report in the Detroit Examiner.

    Customers who sign up for the chain’s My Rewards program are given the chance to opt-in to the new paperless offer. In the program My Rewards members make a purchase at the store and the receipt is sent by e-mail. Unless the receipt is printed at home or work by the customer there is no paper.

  • Where will retail real estate sit throughout 2011?

    If Black Friday and Cyber Monday 2010 numbers were any indication, retail may well be prepping for some measurable bounce in 2011.

    But the road to recovery isn’t going to be without frustrations, according to Chicago-based Jones Lang LaSalle’s North America Retail Outlook report, released in November.

    The inaugural report examined retail real estate fundamentals such as vacancy levels, rental rates and investment sales volumes -- and drew the conclusion that 2011 would see a “slow and arduous retail sector recovery.”

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