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Footwear

  • City Sports to open 21st store, in Vermont

    Boston -- City Sports will open its 21st store, in Burlington, Vt., on May 6.

    The eco-conscious space—built utilizing reclaimed materials from previous stores—was designed to capture the spirit of the community. The existing ceiling was kept, and all lighting fixtures were replaced with energy-efficient bulbs.

  • The Loft to open in Fort Worth entertainment district

    New York -- Ann Inc. will open a 5,394-sq.-ft. Loft store in Fort Worth, Texas’s shopping, dining and entertainment district Sundance Square.

    The new store, slated to open in the fall in a vacant restaurant space, will join a lineup of Houston St. retailers that includes Jos. A. Bank, Pappagallo Classiques and Leddy’s Ranch.

    Sundance Square unveiled plans for three new buildings to open in 2013 with retail space on the ground level of the buildings.

     

  • Body Central profit rises in Q1, on track to open 35 stores in 2012

    Jacksonville, Fla. -- Body Central Corp. reported Thursday that net income for the first quarter rose to $5.9 million, from $5.4 million in the same period last year. Sales increased 11.8% to $82.7 million, and same-store sales dipped 1.4%.

    The retailer, which operates 243 stores, said it is on track to open at least 35 stores in 2012.
     

  • Specialty apparel mostly stays strong in April

    New York -- Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

    Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

    Teen clothing retailer Zumiez also beat expectations with a 10.1% gain in April. The Buckle’s same-stores sales edged up 1% slightly higher than analysts' estimates.

  • Charming Shoppes and Collective Brands are acquired

    New York -- The retail industry is still assessing the impact of two major deals that occurred within 24 hours of each other. On Tuesday, May, 1, shoe manufacturer Wolverine Worldwide Inc. and equity firms Blum Capital Partners and Golden Gate Capital agreed to acquire footwear giant Collective Brands Inc., operator of Payless Shoe Source, in a deal valued at $2 billion, including assumption of debt. And on Wednesday, May 2, Ascena Retail Group said it will acquire Charming Shoppes Inc., parent company of Lane Bryant, for about $890 million.

  • Ascena gains access to plus-size market with Charming Shoppes buy

    SUFFERN, N.Y. — The Ascena Retail Group will acquire Charming Shoppes Inc., parent company of Lane Bryant, for about $890 million.

    The move gives Ascena -- which owns the Dressbarn, Maurices and Justice chains -- entry to the steadily-growing large-size women's clothing market. In addition to Lane Bryant, Charming Shoppes also owns the Fashion Bug and Catherines Plus Sizes banners. It operates more than 1,800 stores nationwide. In 2011, nearly 85% of Charming Shoppes’ sales involved plus-sized apparel.

  • Joe's Crab Shack to open at Hunt Valley Towne Centre

    Bethesda, Md. -- Sax Realty said that Joe’s Crab Shack will open in the Hunt Valley Towne Centre, north of Interstate 695, in Bethesda, Md.

    The center is anchored by Wegman's, Burlington Coat Factory, Dick's Sporting Goods, Best Buy, DSW and Regal Theatres. This will be the fourth new Joe's to open in Maryland, joining restaurants in Greenbelt, Bel Air and Arundel Mills which opens summer 2012.

  • Collective Brands to be acquired for $1.3 billion, broken up

    New York -- Shoe manufacturer Wolverine Worldwide Inc. announced Tuesday that it has partnered with equity firms Blum Capital Partners and Golden Gate Capital to acquire Payless ShoeSource parent Collective Brands Inc. for about $1.3 billion.

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