Apparel

Yonkers, N.Y. – Banana Republic will become a new retailer at the Ridge Hill shopping center in Yonkers, N.Y. Forest City Ratner Companies (FCRC), the developer and owner of Ridge Hill, said the Banana Republic location will open beneath the center's Uniqlo store.

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Northbrook, Ill. – Trustees of Northbrook, Ill. reportedly are considering a 43,000-sq.-ft. retail development. According to the Chicago Tribune, the development sits on a four-acre parcel near the border with Glenview, Ill., which is owned by Svigos Asset Management.

Columbus, Ohio – DSW Inc. reported a net income increase in the fourth quarter of fiscal 2013 compared to the same period a year earlier, even as net sales dipped. Fourth quarter net income rose 4% to $28.1 million from $27.1 million, while net sales declined 4% to $572 million from $594 million and same-store sales remained flat.

Flat fourth-quarter same-store sales didn’t deter DSW from elevating its outlook for physical store locations while also increasing investments related to omnichannel capabilities.

The worlds of technology and fashion continue to merge with the most recent example involving the Fossil Group’s involvement with Google for a new line called Android Wear.

Fossil Group, the $3.3 billion global fashion accessories company, said it was working with Google to support the extension of Android technology in wearable products branded as Android Wear. As part of the launch, Google also released a developer preview of Android Wear so that developers are better able to build rich wearable experiences for their existing Android apps.

Retailers have been known to employ all sorts of clever devices when commemorating a grand opening, but shapewear retailer Spanx takes the practice to a new level.

Home Depot was known to saw a board in half in lieu of a traditional ribbon cutting and outdoor retailer Gander Mountain once had an archer with a razor tipped arrow sever the ribbon. When Spanx opens its fourth retail location on April 11 at the International Plaza mall in Tampa the company plans to commemorate the occasion with a hosiery cutting as part of a “jiggle-free jubilee.”

As part of its international growth strategy, Gap plans to open five franchise-operated Old Navy stores in the Philippines in 2014.

The first two Old Navy stores will open in Manila this month, and there are plans to open three more stores in the second half of the year for a total of five Old Navy stores this year.

Covington, La. And Chattanooga, Tenn. — Phase I of Fremaux Town Center in Slidell, La., opened on Friday, according to the property’s joint developers Stirling Properties and CBL & Associates Properties.

Kohl’s, Dick’s Sporting Goods, Best Buy and T.J.Maxx anchor the 352,342-sq.-ft. center, which is more than 95% leased.