Retail

Los Angeles -- Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. The collection of new leases carries an aggregate value of more than $3 million.

New York -- Winick Realty Group announced three new retail leases at 400 Broome Street, fronting Kenmare, Cleveland and Broome Streets in Manhattan’s Nolita neighborhood.

Aaron S. Fishbein and Darrell Rubens of Winick Realty Group represented landlord Coral Broome Street LLC as they repositioned and upgraded these ground-floor retail opportunities.

New York -- Another online retailer has made the leap to the physical space.  Beauty subscription company Birchbox has opened its first brick-and-mortar store, in Manhattan’s SoHo neighborhood. The two-level store brings the company’s digital experience to life, with a big emphasis on new products, customer reviews and expert advice. It also offers hair, nails and make-up services and group classes on various topics. The first class, taking place the week of July 21, will focus on make-up contouring tricks.
  

Washington, D.C. - Amazon.com, Inc. has billed parents and other account holders for millions of dollars in unauthorized in-app charges incurred by children, according to a Federal Trade Commission complaint filed today in federal court. The FTC's lawsuit seeks a court order requiring refunds to consumers for the unauthorized charges and permanently banning the company from billing parents and other account holders for in-app charges without their consent.

New Albany, Ohio -- Abercrombie & Fitch has reorganized its Diversity & Inclusion structure. Todd Corley, who has led the efforts since 2004, is leaving to launch the TAPO Institute, which will focus on inclusive leadership based on “principles of transparency, authenticity, persistence, and optimism,” Abercrombie said.

Austin, Texas – Thirty-five percent of consumers would stop shopping at a store where their data was hacked. According to a recent survey of almost 2,000 consumers by software consulting firm Software Advice, another 22% would be much less willing to shop there.

Hoffman Estates, Ill. -- Sears Holdings is extending its Shop Your Way membership program with a major expansion of its rewards program with the addition of more than 50 brand-name partners. Once the exclusive membership program of Sears, Kmart and Lands' End, Shop Your Way will not include more partners in more categories.

New York -- American Apparel Inc. has reached an agreement with its largest shareholders that will bolster its financial situation, remake its board, and keep the retailer’s manufacturing in the United States.