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Retail

  • UGG Australia launching online customization tool

    New York -- UGG Australia will launch UGG by You, an online customization tool putting customers in control of the design process and transforming a visit to the retailer’s website from a shopping trip to a creative experience.

    The customization tool allows consumers to mix and match an array of color schemes on two classic styles, the UGG Classic Short sheepskin boot and its Fluff Flip Flop, through a user-friendly design tool. There are over 11,000 color, outsole and trim combinations possible through the footwear personalization tool.

  • Sears to hold first-ever Canadian Thanksgiving Black Friday sale

    Sears Canada is getting ready to introduce the first-ever Black Friday sale in Canada to accompany Canadian Thanksgiving in October.

    "Our customers already participate in our Black Friday sale in November so we wanted to give them one that, in a similar style to the U.S., would accompany our own Thanksgiving Holiday," said Doug Campbell, president and CEO, Sears Canada. "With the variety of sales being offered in stores and online they can pick up new home essentials or even get a head start on their Holiday shopping."

  • Dick’s grand-opens three new stores

    Pittsburgh -- Dick’s Sporting Goods grand-opened three new stores on Friday, bringing the total store count to 541 in the U.S.

    The chain opened a store in Redding, Wash., at the Redding Hilltop Center, its 30th store in the state of Washington. A new opening in Victorville, Calif., at The Mall of Victor Valley, marks the 31st Dick’s store in California.

    And in Kansas, at the Midstate Plaza in Salina, Dick’s opened its eighth store in the state.

     

  • The Forum in Wilmington, N.C., sells for $24.7 million

    Wilmington, N.C. — Marcus & Millichap Real Estate Investment Services has arranged the sale of The Forum, a 105,000-sq.-ft boutique retail center in Wilmington, N.C. The $24,680,000 sales price equates to $233 per square foot.

    Marcus & Millichap’s Fort Lauderdale office represented the seller, the developer of the property, Swain & Associates, as well as the buyer, L&B Realty Advisors LLP, a pension fund. Swain & Associates will maintain its offices at The Forum and continue to handle leasing responsibilities.

  • L Brands prices $500 million in senior notes

    Columbus, Ohio - The previously announced offering of $500 million aggregate principal amount of unsecured senior notes due 2023 from L Brands (formerly knows as Limited Brands) has priced at 100% of the aggregate principal amount with a coupon of 5.625%. The sale of the 2023 notes was underwritten by BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as joint book-running managers.

  • Cloud-based solutions provider appoints CEO

    Connect Address, a leading provider of cloud-based solutions for increasing online shopping cart conversions in real-time, has named Tom Flynn as the company's CEO.

    "I am excited and pleased to be working with such a forward-thinking team and product," said Flynn. "Most companies in our space address shopping cart abandonment with basic retroactive tools. Connect Address delivers software and solutions to improve clients' social media presence, increase Web traffic and convert online shopping carts in real-time."

  • Charming Charlie debuts in midtown Manhattan

    New York -- Charming Charlie has signed a lease for a 15,500-sq.-ft. store at 445 Fifth Avenue in the heart of midtown Manhattan. The fashion accessories retailer will open its first-ever Manhattan flagship store in early 2015.

    Thor Equities owns and manages the building, which is located at the northeast corner of 39th street and Fifth Avenue, across from the New York Public Library. RKF and Strategic Retail Advisors represented Charming Charlie in the transaction. Thor Equities represented itself.

  • La-Z-Boy to buy two franchise La-Z-Boy Furniture Galleries in Ohio

    Monroe, Mich. – La-Z-Boy Inc. intends to acquire two La-Z-Boy Furniture Galleries stores located in the Youngstown, Ohio, market, with combined revenue of approximately $6.5 million. The stores are located in Boardman and Howland, Ohio, and are owned and operated by independent dealers who are retiring.  

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