Retail

COLUMBUS, Ohio -- DSW Inc. announced the appointment of Christopher Lanning as SVP general manager of the leased business division.  Lanning will be responsible for managing DSW's existing leased business client base and developing new account relationships.

Aguora Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space at Twin Oaks Shopping Center, located in Aguora Hills, Calif., to Subway.

Subway has leased 1,175 sq. ft., bringing the center to 94% leased. The tenant is slated to open in April.

Philadelphia -- A survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

New York City -- Coach reported Tuesday that net income for the quarter ended Jan. 1 rose a better-than-expected 26% to $303.4 million on strong sales, compared with $240.1 million in the year-ago period.

The company credited a rebound in U.S. luxury spending, as well as soaring holiday sales in China for the strong performance.

Sales leaped 18.7% to $1.26 billion, boosted by a same-store sales increase of 12.6% in North America.

On average, Wall Street expected revenue of $1.21 billion.

Columbus, Ohio -- DSW said Monday it has appointed Christopher Lanning as senior VP and general manager of the retailer’s Leased Business Division.

Lanning will be responsible for managing DSW's existing leased business client base and developing new account relationships. DSW currently operates 353 shoe departments in conjunction with leased business partners, which include Steinmart, Gordmans, Filene's Basement and Frugal Fannie's.

Dallas -- Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

Charlotte, N.C. -- Crosland has announced new openings and tenant signings at various third-party managed and leased retail centers throughout the Charlotte, N.C., area.

Ruby’s Gift opened a 1,323-sq.-ft. store at Colony Shops in early December, the retailer’s third Charlotte location.

Om Spa Chiropractic & Wellness is relocating its business from The Arlington to the newly renovated The Villa shopping center, and is slated to open the 3,048-sq.-ft. facility in January.

DALLAS -- Tuesday Morning reported that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.