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  • GoldMax plans 100 new stores in 2012

    Schaumburg, Ill. -- GoldMax USA, which specializes in buying gold and precious metals from consumers, announced Tuesday that it plans to open up to 100 new stores in the United States in 2012, adding to its current 200+ store total.

    The retailer debuted in Texas with the recent opening of two stores in the Dallas–Fort Worth metropolitan area, and another two will open in the next 30 to 60 days.

    GoldMax opened its first Minnesota store (in Roseville) as well, and is under way with a new store at the Mall of America in Bloomington.

  • Sales growth at Urban Outfitters not enough to meet expectations

    PHILADELPHIA — Urban Outfitters saw profit for the fourth quarter fall to $39.3 million, from $75.2 million a year earlier. Sales rose 9% to $730.6 million, missing Wall Street’s expected $740 million in revenue.

    The operator of Anthropologie, Free People and Urban Outfitters stores said heavy discounting over the holidays took a big toll on margins; in fact, margins have declined for at least five quarters as the retailer has made major markdowns to clear out slow-moving merchandise.

  • Zale names head of Piercing Pagoda

    DALLAS — Zale Corp. has named Jamie Singleton SVP and general manager of Piercing Pagoda, effective March 27. In this role, Singleton will have overall responsibility for the company’s kiosk business and will report to Theo Killion, CEO.

  • Report: Maurices opening 60 stores in 2012

    New York -- Women’s apparel retailer Maurices plans to open approximately 60 stores this year, according to the Duluth News Tribune. The total includes the chain’s first international location, in Canada.

    Maurices currently has 803 stores in 44 states, with the count up 32 stores since June.
     

  • Buckle Q4 profit up 13%

    Kearney, Neb. -- The Buckle Inc. said Thursday its fiscal fourth-quarter net income rose a better-than-expected 13% to $56.1 million amid higher same-store sales and growing online demand.

    Revenue rose 11% to $337.1 million from $303.1 million. Same-store sales increased 8%. Online sales, which are not included in that total surged 31% to $27.6 million.

    Buckle, which also sells tops, shoes and other clothing, caters to teens.

  • Modell’s Sporting Goods to open three new stores, adds staff

    New York City -- Modell’s Sporting Goods said Tuesday it will celebrate the grand opening of three new locations in Brooklyn, N.Y., Fresh Meadows, N.Y., and Wayne, N.J., on March 8.

    The Fresh Meadows store measures 13,000 sq. ft., the Wayne store is 16,700 sq. ft., and the Brooklyn store is 15,900 sq. ft.

  • White House | Black Market to open at The Village at Towne Centre

    Fredericksburg, Va. -- Youngstown, Ohio-based Cafaro Co. announced that White House | Black Market will open a new store at its The Village at Towne Centre property near Fredericksburg, Va.

    The 4,000+-sq.-ft. store is slated to open spring 2012 across from Coldwater Creek.

  • Sabre Real Estate names senior associate

    Garden City, N.Y. -- Sabre Real Estate Group said that Douglas Bomzer has joined the firm as a senior associate.

    Previously with Breslin Realty, where he specialized in retail tenant representation, Bomzer earlier was a residential real estate broker in the Franklin Square office of Prudential Douglas Elliman. His clients include Dots, Ulta, Maggiano’s, Chili’s, Pet Supplies Plus and Bolton’s.

  • Container Store, Drybar to open at Plaza El Segundo

    El Segundo, Calif. -- Federal Realty announced that The Container Store is slated to open a new store at its Plaza El Segundo property, in Southern California. The 22,000-sq.-ft. location is slated to open in June.

    As well, Drybar hair salon will open a new location at the shopping center, featuring no cuts, no color, but just blowouts at $35 each. The 1,484-sq.-ft. salon is slated to open March 16.

    Plaza El Segundo measures just under 400,000 sq. ft. and features three districts in an open-air coastal setting.

  • Henri Bendel to open at Cherry Hill Mall this summer

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Henri Bendel will join Nordstrom, True Religion, Hugo Boss, Michael Kors, and Guess by Marciano at Cherry Hill Mall this summer.  

    The retailer will debut in a 2,300-sq.-ft. location by the Grand Court.

    In 2012, Cherry Hill Mall has welcomed The Art of Shaving, and additional notable stores will be announced shortly, including a full-service beauty salon and upscale home furnishing retailer, according to PREIT.
     

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