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  • Bob’s Stores gets new CEO from Carter’s

    James Petty has joined private equity owned Vestis Retail Group as CEO, effective July 8, to drive new growth opportunities.

    Petty joins Vestis, parent company of Bob’s Stores and Eastern Mountain Sports, after serving since 2007 as president of retail stores for Carter’s Inc. Petty left Carter’s last December after a restructuring resulted in Carter’s relocating its retail group to its Atlanta headquarters from Connectticut. Prior to Carter’s, Petty held senior roles at Limited Too and Gap, Inc.

  • Men’s Wearhouse to suit up the unemployed

    FREMONT, Calif. — Men’s Wearhouse is looking to find new homes for used men’s and women's business attire, including suits, and in the process, looking to generate foot traffic to its stores. 

    The company has launched its sixth annual National Suit Drive and has set a goal to collect 150,000 gently used professional clothing items through July 31, to donate to unemployed men and women who are trying to re-enter the workforce. 

  • Bayer to lease and manage Southlake Mall

    Birmingham, Ala. -- Bayer Properties will lease and manage Southlake Mall in Morrow, Ga. Macy’s and Sears anchor the 1 million-sq.-ft. enclosed regional mall. Enclosed malls now represent 30% of Bayer’s operating portfolio.

    Bayer has also announced the following new leases:

  • Lorna Jane, Santa Monica Place, Santa Monica, Calif.

    The mantra of “move, nourish, believe” occupies a prominent spot on the blue walls of Lorna Jane, Santa Monica, Calif. With its bright colors, fashionable accents, and welcoming atmosphere, the store has an upbeat, sporty-girl vibe that is very much in keeping with the Australian active wear brand’s positioning. Motivational expressions can be found throughout the space.

  • The Children’s Place plans Israel expansion

    Secaucus, N.J. – The Children’s Place is partnering with Israeli fashion chain Fox-Wizel Ltd. to open stores in Israel, starting in the first quarter of fiscal 2014. The two companies inked a 10-year franchise agreement.

  • Polarn O. Pyret opens first store in Boston metro area

    Chestnut Hill, Mass. -- Swedish children’s wear brand Polarn O. Pyret USA has opened its first Boston-area store at THE STREET in Chestnut Hill, according to WS Development, the center’s developer and owner. This is the fifth Polarn O. Pyret (pronounced POH-lahrn oh PEE-rhet and nicknames PO.P) in the U.S. and the fourth on the east coast.

  • Center City Philadelphia has a Theory

    Philadelphia -- Men’s and women’s apparel retailer, Theory has taken 3,000 sq. ft. at 1616 Walnut Street in Center City Philadelphia near Rittenhouse Square, according to Fameco Real Estate.

    Fameco represented the building’s ownership group of Federal Capital, Alterra Property and Cross Properties in the transaction.

     

  • Madewell inks center city Philadelphia lease

    Philadelphia -- Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate. The 4,000 sq.-ft. store will be located near Rittenhouse Square. Neighboring retailers include Intermixx, Burberry, Athleta and Blue Mercury. Fameco and Open Realty Advisors both represented Madewell in the transaction.

    Both brokers are also representing searching for a 2,500-sq.-ft. location for J. Crew Men on Walnut Street in Philadelphia.

     

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