Footwear

Mall management veteran Jeannette Smith has been named general manager of OKC Outlets, which changed hands last month.   CBL sold the former Outlet Shoppes at Oklahoma City to The Outlet Resource Group and Singerman Real Estate in May for $38 million. The new owners changed the center’s name to OKC Outlets in a RECon show ceremony presided over by Oklahoma City Mayor Mick Cornett.  

Even with a jump in sales, unanticipated operating expenses and e-commerce snafus took a toll on Boot Barn’s fourth quarter for fiscal 2017.   

As H&M braces for the opening of its first Arket store, it is already putting a plan in motion for its second location.   The fast-fashion chain announced in March that is plans to launch its new brand, Arket, in early fall. Arket, H&M’s first new brand in three years, will feature merchandise men, women and children, and a smaller, curated assortment of home goods.  

Payless ShoeSource is seeking bankruptcy court approval to close more stores.   The chain, which filed for Chapter 11 bankruptcy protection at the beginning of April, may close up to 408 more stores, according to the Chicago Tribune. Payless had originally said it planned to shutter nearly 400 underperforming locations.   

Hanna Andersson named a former top executive of Sears Holdings Corp. as the specialty retailer's next chief executive.  

Knowing efficient in-store fulfillment is key to omnichannel success, Browns Shoes has just taken a big step toward optimizing these orders.      Browns Shoes, a family-owned business established in Montreal in 1940, owns and operates more than 60 retail stores throughout Canada. When the retailer merged its e-commerce channel with its brick-and-mortar operations, Browns was ready to use its retail network as another fulfillment avenue.   

A tough February couldn't keep Tilly's down, which reported better-than-expected results for its first quarter.    The teen apparel and footwear retailer narrowed its loss in the first quarter to $161,000, or 1 cent a share, compared with a net loss of $2.7 million, or 10 cents a share, in the year-ago period. Its results were better than expected.    Net sales inched up 0.6% to $120.9 million, better easily beating the Street. Same-store sales rose 0.6%.  

Shoe Palace is moving into the cloud to enhance its omnichannel operations.   A preferred Nike retailer, Shoe Palace is known for its high-end athletic footwear and apparel, and top-notch customer service. The family-run business opened its first store in San Jose, California in 1993. Today, the company operates 118 stores nationwide, and an e-commerce site.   

Footwear retailer DSW Inc. fell short on earnings in its first quarter, even as it topped sales estimates.   Net income fell to $23 million, or 28 cents per share, below analyst expectations, from $30.0 million, or 36 cents a share, in the year-ago period. The company incurred pre-tax charges of $4.1 million, related to its acquisition of Ebuys, restructuring costs and foreign exchange loss assumed in the process of pre-funding the upcoming Town Shoes acquisition.   

Gymboree Corp. has tapped the former chief of Tilly’s executive as the children’s clothing retailer’s new CEO.