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Casual

  • Hot Topic in search of new chief store officer

    CITY OF INDUSTRY, Calif. — Jerry Cook has resigned as chief store officer of Hot Topic, the retailer announced Thursday. The resignation is effective Feb. 28 and because of Cook's plans relocate his family to Texas and pursue other professional opportunities.

  • Gymboree Corp. narrows loss in Q2; on track to open 115 stores

    San Francisco -- The Gymboree Corp. reported Wednesday a loss of $14.1 million in the second quarter, compared with a loss of $6.9 million for the same period last year.
     
    Sales rose 3.8% to $268.8 million, from $259.0 million last year, and same-store sales dipped 1%.

    During fiscal 2012, the company reiterated its plans to open 115 new stores, including 90 locations for its value-priced Crazy 8 concept.
     

  • American Eagle to expand store base into the Philippines

    Pittsburgh -- American Eagle Outfitters said Thursday it has struck a deal with Suyen Corp. that will see the AEO banner open throughout the Philippines.
     
    American Eagle signed a multiyear retail license agreement with Suyen, which operates more than 700 stores under various banners in the Philippines, along with 126 franchised stores in the country. Financial terms were not disclosed.

    The first stores in the country, which will consist of standalone and in-store shops, are slated to open spring 2013.
     

  • Payless 'falls' for value with new shoe line

    TOPEKA, Kan. — Payless ShoeSource has unveiled its fall Incredible Value Everyday Collection -- a refreshed line with a range of footwear for women, men and children including dress, casuals and athletic styles at prices starting at $10 for kids, $15 for women, and $20 for men.

  • Dollar General Q2 profit jumps 47%; raises fiscal year forecast

    Goodlettsville, Tenn. -- Dollar General Corp. on Wednesday said it had earned a better-than-expected $214.1 million in the second quarter, ended on Aug. 3, up from $146 million a year earlier. The discounter also raised its earnings forecast for the year.

  • New salon to open at Village on the Green

    Dallas -- Cypress Equities said Friday that Iconic Salon Suites will open at Village on the Green in north Dallas.

    Iconic Salon Suites will occupy a 6,800-sq.-ft. retail space beside Jos. A. Bank, and joins recent additions such as Allstate, Plush Nails & Spa and Chiro One Wellness Centers.

  • Francesca’s to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group said that Francesca’s Collections has leased 1,200 sq. ft. at Delray Marketplace, located in Delray Beach, Fla. 

    The center will open November 2012 and will be anchored by Publix and Franks Theatre/Imax. The 264,823-sq.-ft. Delray Marketplace is owned by KRG Atlantic Delray Beach, LLC. Other tenants include ROC, White House | Black Market, Apricot Lane, Bobby Chan, Jos. A. Banks, Charming Charlie and Chico’s.

  • Fashion Bug inventory being liquidated in preparation for obsolescence

    Bensalem, Pa. -- SB Capital Group, Tiger Capital Group and Great American Group jointly announced Tuesday that, in tandem, they will begin to sell off all of the inventory in the 568 Fashion Bug stores in the United States.

    The Charming Shoppes unit will be divested and fully closed.

    As part of the process, Fashion Bug has retained more than 5,900 store and district personnel to assist in operating the stores through the completion of the sale process.
     

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