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Apparel

  • PREIT adds key tenants to premier malls

    Philadelphia -- Shopping center owner PREIT said that it will add several key – and some first-to-market – tenants to several of its upscale malls.  

    At Cherry Hill (New Jersey) Mall, new tenants include lululemon athletica, Tumi, and e.l.f. studio; Primark will open in 2016 at Willow Grove (Pennsylvania) Park; and Garage will open at Woodland Mall, in Grand Rapids, Michigan.

  • J. Crew swings to Q4 loss, dragged down by namesake brand

    New York -- J. Crew Group Inc. saw fourth quarter namesake sales and traffic counts fall, which dragged down results for the quarter ended Jan. 31.  J. Crew reported a loss of $30.6 million for the fourth quarter, compared with a profit of $5.9 million in the year-ago period. An impairment charge contributed $26 million to the negative results.

  • Target offers a more shopper-friendly return policy

    Target has been hit with a slew of negative reports recently, and now the retailer is trying to do something positive for its image by making its return policy more shopper-friendly.

    Target Corp. announced an enhanced return policy Wednesday covering all of the retailer’s 32 owned and exclusive brands, which extends the return window to one year from the date of purchase. The retailer also rolled out a one-year return guarantee for guests using Target’s baby, college or wedding gift registry.

  • Meijer to debut its first Skechers Concept Shop

    Grand Rapids, Mich. -- Meijer will up its fashion game with the spring launch of a Skechers concept shop inside the Knapp's Corner Meijer, Michigan, about one year after the retailer unveiled a fresh approach to lure grocery customers across the center aisle to its apparel offerings.

    "Our customers have realized just how serious we are about providing on-trend fashion items at the right price," said Peter Whitsett, executive VP of merchandising and marketing for the Grand Rapids, Mich.-based supercenter.

  • Shoe Carnival steps up same store sales in Q4

    Shoe Carnival credited “favorable weather” with its impressive spike in same store sales in the fourth quarter.

    The Indiana-based retailer of moderately priced footwear and accessories reported that net sales in the fourth quarter ended Jan. 31 increased $27.3 million to $227.6 million, compared to the fourth quarter of fiscal 2013. Same store sales increased 9.5%, which exceeded the company’s guidance for the quarter. Earnings per diluted share were 15 cents.

  • Traffic woes hurt J. Crew in Q4

    A shift toward online sales is one reason why J. Crew Group Inc. says it lost $30.6 million in the fourth quarter.

    The retailer has been dealing with traffic problems at its namesake stores as more of its customers migrate to the J. Crew website, the company says. 

  • DSW to open 19 stores in spring 2015

    Columbus, Ohio -- On the heels of its announcement that it would open 35 stores in 2015, footwear retailer DSW said Wednesday that 19 of those store openings would occur this spring.

    The locations will be nationwide, including 12 new markets.

    "We are pleased to grow our footprint in cities DSW already calls home, while also expanding to new areas of the country. Opening 19 stores this season and more throughout 2015 is absolutely thrilling for our brand,” said Carrie McDermott, executive VP and COO of DSW.

  • Target unveils one-year return policy for exclusive brands

    Minneapolis -- Target Corp. launched an enhanced return policy covering all of the retailer’s 32 owned and exclusive brands, which extends the return window to one year from the date of purchase.

    The retailer also rolled out a one-year return guarantee for guests using Target’s baby, college or wedding gift registry.

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