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Apparel

  • Study: U.S. retailers’ online sales to hit $50 billion by 2020

    New York -- International sales from U.S. online retailers will jump from $11 billion in 2014 to almost $50 billion by 2020, which would make up 16% of the overall U.S. online retail market, according to a new report by OC&C Strategy Consultants.

  • Kohl's lowers fourth-quarter guidance following weak January sales

    Kohl’s January sales were significantly lower than planned as a result of lower traffic and low levels of clearance merchandise.

    Comparable-store sales decreased 2%. Combined November and December same-store sales increased 0.8%.

  • Stein Mart’s January sales hit by severe weather

    Despite severe weather that caused a 0.7% decrease in January sales, Stein Mart looks like it will report its seventh consecutive quarter of comparable-store sales increases when it closes the fourth quarter.

    January sales were fueled by strong sales in linens, ladies' boutique and gifts, while jewelry, ladies' sportswear and men's performed lower than the chain. Geographically, January sales were strongest in Florida and the West, while most other areas experienced comparable sales declines due to winter storms combined with record cold weather.

  • NRF unveils 2014 economic forecast

    Retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 4.1% in 2014, up from the preliminary 3.7% growth seen in 2013, according to the National Retail Federation. The association’s 2014 economic forecast calls for online sales to grow between 9% and 12%.

    A number of factors contributed to NRF’s 2014 economic forecast, including:

  • Nordstrom to close two stores

    Seattle -- Nordstrom announced plans to close it's store in Lloyd Center Mall, Portland, Ore., and its store in Vancouver Mall, Vancouver, Wash. Both locations will close in January 2015.

    "This was a tough decision to make because we've been doing business in Lloyd Center and Vancouver Mall for a long time and we care about the community, our customers and our employyees here," said Ed Nordstrom, president of stores.

  • Sport Chek opens digital-savvy flagship in West Edmonton Mall

    Edmonton, Canada -- Sport Chek on Wednesday opened an 80,000 sq.-ft. flagship in Canada's West Edmonton Mall. The store is designed to offer a personalized shopping experience that connects consumers to the sports they are passionate about.

    The space includes 800 screens that display product images, promotions and local sports information. It features over 1,200 sq. ft. of digital projection.

  • Nordstrom Rack to make Delaware debut

    New York -- Seattle-based Nordstrom plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-sq.-ft. store, which is scheduled to open in fall 2015, is the company’s first Rack location in the state.

    The single-level, newly built Nordstrom Rack is located at the intersection of Interstate 95 and Route 1, adjacent to Christiana Mall and will be surrounded by a strong tenant mix.

  • Four tenants for Park West Village in Morrisville, N.C.

    Morrisville, N.C. — Earth Fare, Pier I Imports, Blackfinn Ameripub and Charming Charlie have inked new leases at Park West Village in Morrisville, N.C., according to the center’s owner, CASTO.

  • Topshop to open Fifth Avenue flagship; four other U.S. stores

    London – Topshop/Topman plans to open a 40,000-sq-ft. flagship store on Fifth Avenue in New York. The new Manhattan store will be located on the corner of 49th Street, and is adjacent to the Rockefeller Center.

  • Men’s Wearhouse offers international shipping for online customers

    Fremont, Calif. - Customers in the U.S. and around the world can now shop on the Men’s Wearhouse e-commerce site and ship directly to themselves or friends and family in more than 100 countries. Men's Wearhouse says it introduced international shipping in response to customer requests to do so.  

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