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Apparel

  • R.J. Brunelli & Co. completes multiple retail leases in New Jersey, Maryland

    Old Bridge, N.J. - R.J. Brunelli & Co., LLC has recently completed a series of leases that will bring retail tenants to sites throughout New Jersey and Maryland. Dollar Tree recently signed a lease that will bring its Deal$ concept to an 11,400-sq.-ft. space in downtown Elizabeth, New Jersey. R.J. Brunelli serves as the retailer's exclusive real estate representative for all of New Jersey.

  • Leonard Green managing partner leaves post

    Los Angeles – Peter J. Nolan, 55, one of three managing partners of private equity firm Leonard Green & Partners, is leaving his post. Leonard Green holds investment stakes in major retail chains including J. Crew, Petco, The Container Store, and Topshop/Topman.

    Nolan will serve as a senior advisor to Leonard Green and also serve as a board member of several companies in its portfolio. He is leaving to devote more time to philanthropic activities.

  • Flip Flop Shops to open 20 Caribbean franchise stores

    Atlanta - Flip Flop Shops has signed a master franchise agreement with Happy Toes Caribbean that calls for the establishment and development of at least 20 new shops throughout the islands, the first of which will open in Aruba in late 2014. The master franchise rights agreement also covers the management of three established stores in St. Thomas, St. Maarten and Curacao.

  • GameStop to close 120-130 stores; open 300-400 tech stores under new banners

    Grapevine, Texas -- GameStop Corp. will close 120-130 of its 6,457 stores worldwide in 2014 and add 300 to 400 new tech stores under three different banners: Spring Mobile, Cricket and Simply Mac. The closures and openings are part of the company’s new “GameStop3.0” repositioning. The new strategy emphasizes mobile-gaming.

    “The opportunities that have presented themselves we see as unique,” said GameStop CEO Paul Raines during an investor meeting last week.

  • New office of the president at Stein Mart

    Stein Mart’s board of directors has appointed D. Hunt Hawkins and Brian R. Morrow to share the newly created office of the president. Both men will continue to report to CEO Jay Stein.

    "Hunt and Brian have made significant contributions in the success of the company," said Stein. "Their promotions are a testament to their leadership that has built a team that has produced seven consecutive quarters of comp store gains, a dramatic departure from the achievements of past management, and reflect the confidence the board and I have in them."

  • Aeropostale files suit against H&M

    New York – Aeropostale has filed a trademark infringement lawsuit against rival specialty apparel retailer H&M. The suit, filed in federal court in Manhattan, alleges that H&M used the phrase “Live Love Dream,” trademarked by Aeropostale, on apparel and accessory items.

    Aeropostale says it notified H&M of the infringement, but H&M did not cease using the trademarked phrase. H&M has not publicly responded to the suit yet.

  • Stein Mart promotes two execs to new role of president

    Jacksonville, Fla. – The board of directors of Stein Mart Inc. has created the office of the president and have appointed D. Hunt Hawkins and Brian R. Morrow to share that office. Both will continue to report to Jay Stein, CEO.

  • Finish Line increases ownership in Running Specialty Group

    Indianapolis - The Finish Line Inc. Gart Capital Partners (GCP) have agreed to Finish Line increasing its ownership in Running Specialty Group (RSG). GCP will retain an ownership position in RSG, maintain two positions on the RSG board of directors and will continue to provide leadership in ongoing business development opportunities.

  • Wet Seal to phase out Arden B banner

    Foothill Ranch, Calif. - The Wet Seal Inc. will begin winding down its Arden B brand. Arden B currently operates 54 mall-based stores and an e-commerce website.

  • DSGE shuts down Southern Bullion

    Dallas - DGSE Companies Inc. has closed all locations in its Southern Bullion Coin and Jewelry division. As previously disclosed, six Southern Bullion locations were closed in February, and subsequently, four additional locations were closed in early April, and the final 13 locations were closed on or about April 21, 2014.

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