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Footwear

  • Budget family-fashion retailer continues to expand

    Forever 21 is growing its its lower-priced format, F21 RED.

    The chain has opened three new stores, with locations in Brooklyn, New York; San Diego, California and Kendall, Florida. The Brooklyn store is 35,000 sq. ft., while the San Diego and Kendall locations are more than 20,000 sq. ft.

    Forever 21 launched F21 RED, which carries merchandise for men, women and children, in the first quarter of 2014. There are currently more than 20 F21 locations in the United States.

  • Francesca’s to open first Denton, Texas location

    Denton, Texas -- The Weitzman Group announced it’s brokered a deal with Francesca's for 1,200 sq. ft. of retail space in Golden Triangle Mall, located in Denton, Texas. This will be Francesca’s first location in Denton.

    Blake Shipp with the Commercial Retail Division of The Weitzman Group and Paul Burridge with MGHerring Group handled negotiations for the mall. Robert J. Wright with Collett Southwest represented the retailer.

  • Iconic Los Angeles retailer to shut down operations

    A merchant that grew from a small boutique in West Hollywood with a celebrity clientele to a multi-store operation is going out of business.

    Kitson announced that it is closing its 17 stores, which are located in California, Oregon and Nevada. As of December 11, its e-commerce site had already been shut down.

  • Sam Edelman continues to expand its retail presence

    Sam Edelman has opened a 2,500-sq.-ft. store at The Forum Shops at Caesars Palace in Las Vegas. Designed by Dagnell Folger of Architecture + Information, the store stays true to the Sam Edelman aesthetic with a mix of materials that includes reclaimed wood and raw concrete with rose-colored brass and black leather.

    Hints of the brand’s signature shade of green provide a pop of color. Vintage furniture pieces — curated by Sam Edelman himself — are mixed throughout for a personal touch.

  • Doug Tompkins, co- founder of The North Face, dies in accident

    Douglas Tompkins, co-founder of The North Face and an ardent conservationist and outdoorsman, died following a kayaking accident in his adopted country of Chile. Tomkins, 72, was the co-founder of two clothing companies that would grow into multi-billion dollar enterprises. In addition to North Face, he was a co-founder, along with his wife at the time, of Esprit. “He flew airplanes, he climbed to the top of mountains all over the world,” his daughter Summer Tompkins Walker told the New York Times.

  • DSW kicks into higher seamless gear

    Designer Shoe Warehouse Inc. (DSW) is more closely connecting its digital and store channels, and using a little outside help to make it happen.

    DSW has implemented eBay Enterprise in-store pickup and ship-to store in 467 stores. These new omnichannel fulfillment technologies augment the specialty footwear chain’s existing ship-from-store and dropship capabilities, also powered by eBay Enterprise.

  • Weather hurts Children's Place sales

    The Children’s Place blamed unseasonably warm weather for its weak third quarter results and plans to close 200 stores by 2017 as part of its turnaround strategy.

    For the third quarter ended Oct. 31, the retailer said same store sales fell 3%. The Children’s Place reported a profit of $38.5 million, or $1.88 a share, compared with a profit of $36.9 million, or $1.70 a share, in the prior year quarter. EPS was $1.93, up from $1.82. Sales rose 6.4% to $455.9 million.

  • Christopher & Banks falls to loss in Q3

    Many mall retailers have been having a tough time lately attracting shoppers, and Christopher & Banks was not immune to struggles with weak traffic in the third quarter.

    The women's specialty retailer posted a net loss of $0.3 million, or 1 cent per share, for the third quarter ended Oct. 31, versus a year-ago profit of $9 million, or 24 cents per share. Net sales totaled $103.6 million, as compared to $110.6 million for the prior year. Same-store sales decreased 6.5%.

  • Nordstrom invests in on-demand custom shoe experience

    Nordstrom continues to invest in new shopping models with the announcement that it is expanding its partnership with Shoes of Prey, a start-up that enables women to customize shoes online.

  • Genesco's growth strategy is working

    Strong same-store sales in the third quarter did not keep Genesco Inc. from lowering its guidance, as the company takes steps to reduce inventory through promotions and discounts.

    The specialty retailer of hats and accessories said that for the third quarter ended Oct. 31, same-store sales increased 7%. Income was $32.9 million, or $1.43 per diluted share, compared to earnings from continuing operations of $28.8 million, or $1.21 per diluted share, for the prior year quarter. Revenue was $774 million from $723 million in the third quarter of fiscal 2015.

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