Apparel

While House Black Market is taking an innovative approach to attracting more customers by launching an online wedding and event boutique.

The online boutique hopes to take the guesswork out of shopping for an event outfit by selling specific dresses along with coordinated belts, shoes, and accessories, making it super easy for shoppers to put together a cohesive look for that big wedding or gala.

Schaumburg, Ill. -- Simon will be making significant design enhancements to its iconic Woodfield Mall, located in Schaumburg, Illinois, and featuring nearly 300 retail, dining and entertainment options. The transformation starts in January, with a renovation of the Grand Court and followed by a variety of design and comfort upgrades.

Columbus, Ohio –  Express Inc. and private-equity firm Sycamore Partners announced that, despite having worked together in good faith towards a transaction during the past several months, discussions regarding Sycamore’s expressed interest in acquiring Express have been terminated. The companies said that discussions were halted due to the unavailability of financing on commercially acceptable terms.

In June, Express said it had been approached by Sycamore about a potential deal. Sycamore Partners has a 9.8% stake in Express.

Holiday discounts helped Bon-Ton Stores post a robust increase in same-store sales.

The company said same-store sales for the nine-week holiday period ended Jan. 3 increased 5.3%. Total sales for the combined months of November and December were up 3.8%, the company said.

Kathryn Bufano, president and CEO, said the company was “pleased” with the numbers, but that a “highly promotional sales environment” tempered the impact of those improved sales on Bon-Ton’s profits.

York, Pa. -- The Bon-Ton Stores announced that Keith E. Plowman, executive VP and CFO plans to retire in August. His departure will be followed by an 18-month consulting stint.

The retailer will undertake a national search to find a CFO to succeed Plowman.

Melville, N.Y. -- A&G Realty Partners has been retained by Delia’s Inc. to manage the sale of the 71 retail store leases following the company’s recent Chapter 11 bankruptcy filing.
 
A&G Realty is currently accepting bids thru February 2, 2015 to acquire the leases, which range from 3,000 sq. ft. to 5,000 sq. ft. in key retail locations at some of the country’s top malls.

(L-R) Target's Brian Cornell and Walgreens' Alexander Gourlay

With retail executive titles becoming increasingly exotic, credit Walmart for coming up with an unusual sounding title for a position that other retailers might describe as chief omnichannel officer.