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  • $800 million mixed-use transformation of Miami suburb underway

    Miami – The Related Group is set to transform the Miami suburb of Doral with the massive 600,000 sq. ft. CityPlace Doral. The $800 million mixed-use development components include 240,000 sq. ft. commercial space, 1,000 luxury residential units and Boutique Boulevard -- more than 40 shopping, entertainment and dining venues. Once complete, the project will offer the area’s only walkable luxury shopping plaza.

  • About that Target spread in Vogue…

    New York -- Target Corp. is making headlines with its bold, digitally savvy 20-page insert in Vogue. The retailer’s chief creative officer, Todd Waterbury, discussed the new campaign in a Q&A on Target’s Bullseye blog. Here are some excerpts:

    What was the inspiration for this idea?

  • Dillard’s feels department store pain

    Little Rock, Ark. -- Dillard’s Inc. profit declined 13.3% in the second quarter, but it still came in better than analysts had expected.

    Growth in shoes and some apparel categories helped Dillard’s post a feeble second quarter same-store sale increase, but it was too little for the department store retailer to avoid the sharp decline in profitability. The retailer’s profit for the quarter ending Aug. 1 was $29.9 million, down from $34.5 million in the year-ago period.

  • Some good news for retailers in July

    New York -- A report suggests that U.S. consumers aren’t letting the summer doldrums or world unrest get in the way of shopping — although not all retailers are benefiting.

    Retail sales rose 0.6% in July month, according to the U.S. Commerce Department. Excluding sales of automobiles, sales were up 0.4%. Eleven of 13 major categories showed increases.

    The Commerce Department also revised June's 0.3% decline in retail sales to an unchanged reading.

  • Nordstrom sizzles, especially online

    Seattle -- Finally some good news in the department store sector.

    Nordstrom Inc. on Thursday reported better-than-expected fiscal second-quarter earnings and sales.

    The retailer reported net profit of $211 million, or $1.09 a share, for the quarter ending Aug. 1, up from $183 million, or 95 cents a share, in the year-ago period.

  • Stein Mart targets discount shoppers in N.Y., Mich.

    Off-price retailer Stein Mart is accelerating the implementation of its store growth strategy just as thrifty shoppers increasingly flock to discounters.

  • New stores key to Stein Mart’s sales strategy

    Jacksonville, Fla. -- Off-price retailer Stein Mart continues to pursue the accelerated store growth strategy that it began in 2014.

    The off-price retailer announced it will open nine stores this fall, and at least 12 new locations in 2016.

    The news follows the company's recent release of first half 2015 total sales growth of 6.1% and comparable store-sales growth of 4.0%.

  • Target struts its style with attention-getting 20-page ad campaign

    Minneapolis -- Target Corp. is reaching out to fashionistas with a splashly — and digital-savvy — insert in the most important issue of the world’s most influential fashion magazine.

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