Apparel

Framingham, Mass. – Bernard Cammarata, 75, founder and chairman of The TJX Companies Inc., will retire June 11, 2015 after nearly 40 years with the company. Carol Meyrowitz, 61, who has served as CEO of TJX since January 2007, been a board director since 2006 and joined the company in 1983, will succeed him as chairman.

Foot Locker is looking to the future of the footwear industry with a new partnership designed to drive innovation.

The retailer is collaborating with Pensole Footwear Design Academy on a class that will help design the new ASICS Tiger this summer.

Montreal – Canadian grocery retailer Metro Inc. is interested in purchasing some of the 133 Canadian stores Target Corp. finished closing earlier this month. In an April 22 conference call with investors, Metro said the possibility exists that it will try to purchase certain former Target stores.

"There are a few of those stores that could be of interest to us down the road if they become available," Eric La Fleche, CEO of Metro, said during the call.

Boston -- Springboard Retail, a cloud POS and retail management platform, announced that casual chic lifestyle brand XCVI chose Springboard Retail to accelerate sales, profits and customer engagement as they continue to expand stores throughout the Western U.S.

Hard to believe, eBay has now been in existence as an e-commerce platform for 20 years. Since its launch in September 1995, countless individuals and companies have sold and purchased goods via eBay. In addition, many full-fledged omnichannel retailers have evolved from small-scale efforts to sell merchandise on eBay.

Baltimore -- Pandora Jewelry, in collaboration with Walt Disney Parks and Resorts, has opened dedicated shops within two Disney merchandise locations: Uptown Jewelers in Magic Kingdom Park at Walt Disney World Resort in Florida and La Mascarade d'Orleans in Disneyland park in California.

Both locations carry Pandora’s newly released spring 2015 Disney jewelry collection and the Disney Parks collection, as well as the brand’s full assortment of jewelry.

When consumers think of Uggs, they may not imagine Hawaiian floral patterns. But now the retailer is trying to take advantage of the hot fashion trend of prints and patterns with a new line of Polynesian-inspired footwear and accessories.

In an article that appeared in National Real Estate Investor (NREI) Online on April 10, author Elaine Misonzhnik describes the recent store closure announcements from Walgreens and Pier 1 as part of a larger pattern of retailers “pursuing portfolio optimization and an omnichannel approach.” While I generally agree with that statement — and with the notion that increasing pressure from online sales growth is contributing to a more competitive brick-and-mortar environment — I was reminded once again of just how different the dynamics behind store closings can be.