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Retail

  • Schimenti announces its first project for Vince Camuto

    Ridgefield, Conn. -- Fashion-forward retailer and designer Vince Camuto has tapped Schimenti Construction to build his new store at 667 Madison Avenue in Manhattan.

    Located across from Barney’s, the location will join Vince Camuto’s two existing stores in Manhattan, along with its upcoming location in the Flatiron district.

  • Macy’s investing $35 million to expand online fulfillment center in Arizona

    New York -- Macy’s announced that it will expand its online order fulfillment center in Goodyear, Ariz., to accommodate continued sales growth as part of the company’s omni-channel strategy. The company is expected to invest more than $35 million in capital in the project.

  • Eddie Lampert to remain CEO of Sears for annual salary of $1

    New York -- Eddie Lampert, chairman of Sears Holding Corp., has signed a contract to remain as CEO of the retail company at a salary of $1 per year, the Associated Press reported. Sears announced in January that Lampert would take over as CEO after Louis J. D'Ambrosio stepped down due to family health issues.
        
    Lampert’s new contract is effective Feb. 1, according to a regulatory filing yesterday. Lampert also has the opportunity for a bonus of up to $2 million in cash or stock and up to $4.5 million in stock per year.

  • City Sports opening 11,000-sq.-ft. store in Manhattan

    Boston -- City Sports announced that it will open its 22nd retail location in New York City, on March 26. It will be City Sports' third location in New York City.

    The new store, in the city’s financial district, will be the company’s largest retail location to date, with nearly 11,000 sq. ft. of selling space devoted to athletic apparel, footwear and equipment.

    "We are absolutely thrilled to be opening a third retail location in New York City," said City Sports president and CEO Edward Albertian.

  • Supervalu completes sale of five chains to Cerberus-led investor group

    New York -- Supervalu on Thursday announced the completion of the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium. The stock deal is valued at $3.3 billion, including $100 million in cash and $3.2 billion in debt assumption.

  • Perry Ellis launches global shopping for all e-commerce sites

    Miami -- Perry Ellis International announced that is has expanded its e-commerce reach and worldwide accessibility with the launch of international shipping on all its e-commerce sites, provided by FiftyOne Global Ecommerce.

    Among the over 100 countries Perry Ellis now serves are Canada, Australia, Mexico, Japan and many others across North and South America, Europe, the Middle East and Asia.  

  • Delhaize banners earn Energy Star award

    Salisbury, N.C. — Delhaize's Food Lion, Harveys and Reid's chains have earned their 12th consecutive Energy Star award from the U.S. Environmental Protection Agency.

  • Staples launches Windows Store app

    Framingham, Mass. — Staples has launched its own Windows Store app for Staples.com. The app provides customers with access to Staples Rewards and features tools that make it easier for small businesses to research and shop for everything they need for their business or home office, the company said.

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