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Retail

  • Men’s Wearhouse engages AlixPartners to support Jos. A. Bank merger

    Houston -- The Men's Wearhouse, Inc. has engaged the advisory firm, AlixPartners, to support its integration of Jos. A. Bank Clothiers, Inc. Jos. A. Bank's store banner will remain in place and management will consist of executives from both companies.

  • Vallarta Supermarkets opens new Oxnard, Calif., store

    Pacoima, Calif. — A new Vallarta Supermarket will open in Oxnard, Calif., on April 2. It will be Oxnard’s second Vallarta. The 64,000-sq.-ft. location will house a bakery, full-service meat counter, fresh produce, and a hot food deli with in-store dining.

    Founded in 1985, Vallarta Supermarkets is an independent chain with 43 locations throughout California.

  • Grossman and Summit acquire Westport, Conn., retail building

    Quincy, Mass. — The Grossman Cos. and Summit Development LLC have joined forces to acquire a 5,728-sq.-ft. retail building in Westport, Conn., for $2.7 million.

    Located in one of Fairfield County’s most affluent towns, the building is adjacent to the Westport Metro North train station and offers easy access to an exit from Interstate 95.

    Approximately 131,000 vehicles pass the building on I-95 every day, followed by another 14,000 vehicles on Route 33. Average annual household income in Westport is $170,000.

  • Uniqlo’s Manhattan flagship partners with Starbucks, Museum of Modern Art

    New York -- The second floor of Uniqlo’s Fifth Avenue flagship in Manhattan has been transformed in conjunction with the launch of the retailer’s SPRZ NY collection, done in collaboration with the Museum of Modern Art. The renovated floor includes the addition of a full-service Starbucks (a first for Uniqlo).

  • Macy’s promotes head merchant to president

    New York -- Macy's on Monday announced that chief merchandising officer Jeffrey Gennette has been named president of corporation, effectively immediately. Gennette, 52, has been Macy's chief merchant since 2009.

    Gennette will retain day-to-day responsibility for Macy’s merchandising functions, and will oversee marketing and macys.com. In addition, he assumes responsibility for Macy’s Private Brands organization.

  • Cabela’s closes funding facility with Royal Bank of Canada

    Sidney, Neb. -- Cabela’s Inc. has renewed a variable funding facility with Royal Bank of Canada for an additional three years and the commitment under the variable funding facility has increased from $350 million to $500 million. The variable funding facility relates to an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust.

  • Trustwave denies handling Target data security

    Chicago – Information security firm Trustwave Holdings Inc., which is being sued in connection with the Target Corp. data breach, is denying that it managed data security for Target. In a letter to its business partners and clients, Trustwave CEO Robert McCullen said Trustwave did not monitor the Target data network or process credit card data from the retailer’s customers.

  • Lane Bryant opens three new stores

    Suffern, N.Y. — Lane Bryant has opened new stores in Kentucky, New Jersey and Texas. The Kentucky store is located at The Shoppes at Gary Farms in Bowling Green. In New Jersey, the new Lane Bryant has opened at Willow Ridge Plaza in Marlton. The third location is in the Chimney Rock Shopping Center in Odessa, Texas.

    Lane Bryant is a wholly owned subsidiary of Ascena Retail Group.

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