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Apparel

  • Ross opens 27 stores, has bigger plans

    Dublin, Calif. - Ross Stores has some big plans when it comes to opening new stores. Ross is opening of 19 Ross Dress for Less and eight dd's Discounts stores across 15 different states in July.

    These new locations are part of the off-price retailer's 2015 expansion plans to add a total of approximately 90 stores during the year, including 70 Ross and 20 dd's Discounts. Ultimately, the retailer believes Ross Dress for Less can grow to 2,000 locations and dd's Discounts can become a chain of 500 stores

  • Taylor Swift goes with JD.com in China

    In the e-commerce fight between China's Alibaba and JD.com, Taylor Swift has declared a winner.

    The pop superstar announced that JD.com will be the official online source of Taylor Swift items in China, including a new fashion line the music superstar designed specifically for the Chinese market. 

  • Mid-America brokers shopping center sale in greater Minneapolis

    Lakeville, Minn. - Mid-America Real Estate Corp.’s investment sales team recently brokered the sale of Heritage Commons in Lakeville, Minnesota (part of the Minneapolis metropolitan statistical area) to Austin, Texas-based Epic Real Estate Partners. Epic purchased the 138,690-sq.-ft. grocery-anchored neighborhood center.

    Heritage Commons is anchored by Cub Foods and is complemented by national and local tenants including Subway, Papa Murphy’s, Great Clips and American Dental.

  • Macy’s feels the heat—from activist investor and Donald Trump

    New York — Macy’s is feeling the heat — from an activist investor and Donald Trump.

    Activist investor Starboard Value wants the department store giant to follow the example set by such other retailers and Sears Holdings and Hudsons Bay Company and capitalize on its real estate holdings by spinning them off into a new investment vehicle. 

    Starboard claims the move would double Macy’s stock value, Fortune reported. For more click here.

  • Ex-Staples exec named CEO of eBags

    The former head merchant for Staples has been named president and CEO of eBags Inc.

    The eBags board of directors appointed Mike Edwards as president, CEO and member of the board of directors effective immediately. He also joins the company as a new investor.

    Edwards most recently held the position of executive vice president of global merchandising for Staples Inc. 

  • Mavericks CEO jumps to Under Armour

    Baltimore –  An executive from the sports world is moving into the retail arena.

    Terdema L. Ussery II has joined Under Armour Inc. as president, global sports categories, effective Sept. 14, 2015. Ussery previously served as the president and CEO of the Dallas Mavericks NBA team for the past 18 years.

    In his new position, Ussery will be responsible for spearheading category management across all key brand and business units around the world to drive authenticity and connectivity with consumers.

  • New life for C. Wonder

    New York — C. Wonder, which shuttered all its stores and filed Chapter 11 early this year, is getting a second chance—sort of.

    Xcel Brands has entered into a definitive agreement to acquire the C. Wonder brand from Burch Acquisition LLC. The deal gives Xcel  the rights to thr C. Wonder trademarks, related designs and other intellectual property rights.

     The closing of the acquisition is subject to board approval

  • Are Macy’s Trump troubles just beginning?

    Donald Trump contends he doesn’t forget and that could be a bad thing for Macy’s now that polls show the businessman turned politician leading a crowded field of Republican presidential hopefuls and using campaign stops to belittle the department store chain.

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