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Footwear

  • CSA First Look: J.C. Penney's Brooklyn Debut

    J.C. Penney Co. is testing new design treatments, merchandise presentations and service options at its new — and first ever — location in Brooklyn, New York. Located at Gateway Center, the 124,000-sq.-ft., single-level store boasts a contemporary exterior that incorporates clean lines, large glass panels, red accents and the unmistakable Penney logo.

    The interior is bright and modern, with large murals of local landmarks. A variety of flooring surfaces, including polished concrete, wood laminates and grey ceramic tile, complement the streamlined design.

  • Expenses trip up Shoe Carnival profits

    Evansville, Ind. – Increases in cost of sales and selling, general and administrative expenses (SG&A) drove a year-over-year reduction in net income during the second quarter of fiscal 2014 at Shoe Carnival Inc. The company reported net income of $2.58 million, down 59% from $5.84 million the same period a year earlier.

    Net sales fared better, rising 3% to $222.1 million from $216.4 million. Same-store sales dropped 2.1%.

  • Shoe Carnival focuses on omnichannel agenda

    Shoe Carnival may have had a challenging second quarter thanks to soft store traffic, but the company is looking forward to implementing improved digital capabilities — including the launch of its first-ever mobile app — as part of its aggressive push to evolve the omnichannel shopping experience for its consumers.

  • Wet Seal CEO resigns; former chief exec returns to helm

    Foothill Ranch, Calif. – In a regulatory filing with the Securities and Exchange Commission, Wet Seal Inc. said John D. Goodman has resigned as CEO, effective Aug. 26.

  • Eastwood Towne Center signs J. Jill

    Oak Brook, Ill. - Eastwood Towne Center has signed J.Jill, who selected Eastwood Towne Center as their only location in Central Michigan. This follows on the heels of recent opening announcements by Apple, Sephora, Gymboree and a newly expanded Forever 21, also exclusive to Eastwood in Central Michigan.

    The 3,600-sq.-ft. J. Jill store will be located next to Express and American Eagle. J.Jill is expected to open in the late fall.

  • Digital driving growth at Belk department stores

    Online sales at regional department store operator Belk grew 43% during the second quarter, prompting the company to announce a major investment in its e-commerce and fulfillment capabilities.

  • Brown Shoe kicks up net income in Q2

    St. Louis – Brown Shoe Company increased net income 17% to $18.1 million in the second quarter of fiscal 2014, from $15.4 million in the same period the prior year. Net sales rose 2% to $635.9 million from $621.7 million, while same-store sales at its primary Famous Footwear brand climbed 1.6%.

    Brown Shoe credited back-to-school sales at Famous Footwear, supported by a strong omnichannel customer experience, as helping to drive second quarter results. Brown expects positive same-store sales growth at Famous Footwear in the third quarter.

  • Mid-America secures 2 retail leases totaling over 45,000 sq. ft.

    Chicago -- Mid-America Asset Management recently secured new retail leases on behalf of two shopping centers in Chicago’s northwest suburbs. DSW Shoe Warehouse signed a lease for 23,773 sq. ft. at Village Square of Northbrook located at the southeast corner of Lake Cook Road and Skokie Boulevard in Northbrook, Ill. The 334,995-sq.-ft. center is anchored by Nordstrom Rack, Marshall’s, The Container Store, PetSmart, Cost Plus World Market, and Saks Fifth Avenue Off 5th. DSW, expected to open in spring 2015, is taking the space vacated by Loehmann’s.

  • Schuh Group acquisition cuts into Genesco Q2 earnings

    Nashville, Tenn. – Deferred expenses related to its 2011 purchase of Scotland-based Schuh Group, as well as a change in accounting for bonus for awards, reduced net income at Genesco Inc. to $4.8 million in the second quarter of fiscal 2015, down 43% from the same quarter the previous year.

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