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  • Pottery Barn inks deal with Nashville center

    Nashville, Tenn. — Pottery Barn has leased 12,684 sq. ft. in Hill Center Green Hills, a 220,000-sq.-ft. mixed-use open-air lifestyle center in Nashville, Tenn. The lease is with Williams-Sonoma, Pottery Barn’s parent company.

    Owner and developer H.G. Hill Realty Co. www.hghill.com, plans to begin redeveloping Hill Center Green Hills early in 2015. Pottery Bar expects to begin its build-out in the fall of 2015.

  • Cinemark Movie Bistro to Rayzor Ranch in Denton, Texas

    Phoenix — An eight-screen Cinemark Movie Bistro will open at Rayzor Ranch Town Center, a new open-air retail and entertainment destination set to break ground later this year in Denton, Texas.

    The state-of-the-art cinema will join a 126,000-sq.-ft. Dillard’s in anchoring Rayzor Ranch. Both are planning grand openings for summer 2015.

  • The Wet Seal bolsters board

    The Wet Seal has appointed Deena Varshavskaya, Nancy Lublin and Adam Rothstein as independent members of the company’s board of directors, bringing the total number of members to nine.

  • Belk issues open call to local kids for fashion show

    Belk is gearing up for its bi-annual Kidfest in-store event Saturday, March 29, from noon–3 p.m. at all locations.

    It's an innovative way for the Charlotte, N.C.-based department store, which operates 299 locations in 16 Southern states, generate customer traffic, not to mention buzz among shoppers as moms talk about their kids being in the show.

  • Ross Stores’ expansion plans on track

    As other retailers make headlines for store closings, Ross Stores’ 2014 expansion plans remain on track. The off-price retailer has already opened 30 Ross Dress for Less and seven dd's Discounts stores in 14 different states, and there's more to come.

  • Report: Abercrombie to rebrand Hollister as fast-fashion chain

    New Albany, Ohio – Abercrombie & Fitch is reportedly planning to rebrand its Hollister banner as a fast-fashion retailer. According to the Wall Street Journal, this would entail lowering the prices of merchandise and creating a nimbler, U.S.-based supply chain.

  • Foot Locker raises net income, sales in Q4

    New York – Foot Locker Inc. increased net income 16% to $121 million in the fourth quarter of fiscal 2013 from the same period the prior year. Net sales grew 5% to $1.79 billion, from $1.71 billion.

    Same-store sales for the quarter grew 5.3%. Looking ahead, the retailer expects to improve same-store sales in the mid-single digits and improve earnings per share by a double-digit percentage in fiscal 2014. Fourth quarter sales and earnings results both beat Wall Street estimates.

  • Gap February sales fall

    San Francisco – Gap Inc. had a disappointing February 2014 as net sales and same-store sales declined, compared to the same month in the prior year. Net sales fell 4% to $929 million from $966 million, while same-store sales dropped 7%.

  • Report: February sales grow 0.7%

    San Francisco -- Shopper activity cooled off in February 2014 as a result of extremely cold weather across the country. According to in-store retail analytics provider Euclid, analysis of data from tens of millions of domestic shopping sessions indicates that general merchandise, apparel, furniture and other (GAFO) retail sales grew by a modest 0.7% year-over-year.

  • Foot Locker aims to build on momentum in 2014

    Foot Locker enjoyed record results for the fourth quarter and full year ended Feb. 1, and expects to build on that momentum in 2014.

    For the quarter, the company reported net income of $121 million, or $0.81 per share, for the 13 weeks ended Feb. 1. This represents an increase of 19% over earnings per share of $0.68 for the 14-week period ended Feb. 2, 2013.  

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