Apparel

Chicago -- Transwestern’s Chicago office has brokered the sale of The Shops at Flint Creek. Located at 500 N. Hough St. in Barrington, Illinois, the 59,325-sq.-ft. center was developed in 2006 by Hamilton Partners. Next Realty LLC purchased the Heinen’s grocery store-anchored center for an undisclosed amount.

In addition to Heinen’s, tenants include Meatheads, Alexian Brothers Health System, Coldwell Banker, Athletico and Scottrade.

Indianapolis - The Finish Line Inc. is running an omnichannel promotion linked to the upcoming pro basketball all-star weekend in New York City. Finish Line collaborated with Under Armour, pro basketball star Stephen Curry and several key influencers within the basketball marketplace to host a contest surrounding the new Curry 1 product launch on Feb. 13.

Lafayette, Indiana -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Lafayette Pavilions Shopping Center located in Lafayette, Indiana. The 348,531-sq.-ft. regional shopping center was acquired by a real estate investment trust sponsored and managed by Phoenix-based Cole Capital for $54 million.

Lafayette Pavilions Shopping Center is located at the southwest corner of State Road 26 and Creasy Lane; it is anchored by Gordmans, Hobby Lobby, Gander Mountain, and TJ Maxx.
 

New York -- Cushman & Wakefield announced today that the real estate firm has been appointed exclusive leasing agent for the retail space at 2 Herald Square.

Located in the heart of Manhattan’s largest shopping district, 2 Herald Square touts 60,500 sq. ft. of available space spread among three floors. It features a 75-ft. storefront right across from Macy’s, and neighbors including H&M’s new Herald Square flagship, The Gap, and Victoria’s Secret’s international flagship.

Niles, Ohio -- Major changes are in store for the retail lineup at the Eastwood Mall Complex, a Cafaro Company shopping center in Niles, Ohio. H&M will open a new 20,000-sq.-ft. store on center court by early fall. Everything Buckeyes, which currently occupies that space, will move to its new location in the Sears Concourse, reopening in mid-March.

Plano, Texas -- J.C. Penney Co. said it plans to expand its in-store Disney shop concept, currently featured in 565 stores, to an additional 116 stores this year. The retailer also announced a collaboration with the upcoming Disney live-action "Cinderella" movie, including the sale of apparel, dolls and a "deluxe" ball gown with "make-believe 'glass'" slippers based on the costume in the movie.

Duluth Trading Company has promoted Stephanie Pugliese to president and chief executive officer.

Pugliese is a former executive with Ann Taylor and Lands’ End.

The previous CEO and principal owner of Duluth Trading, Steve Schlecht, will continue as the company’s executive chairman. Pugliese’s appointment is effective immediately.

Urban Outfitters Inc. set a record and beat Wall Street expectations with its sales for the fourth quarter and full fiscal year 2014.

Total net sales grew 12% to $1.01 billion from $905.86 million, setting a record for the company. Same-store sales, including direct-to-consumer sales, rose 6%. For the full year, total net sales increased 8% to $3.32 billion, from $3.09 billion, also another record. Same-store sales grew 2%. For both the fourth quarter and full fiscal year, strong growth in the wholesale segment helped push up total net sales.