Apparel

Fort Myers, Fla. -- Chico's FAS announced that it has appointed Todd E. Vogensen as senior VP, CFO, replacing Pamela Knous, who has left the organization to pursue other interests.

Prior to his appointment as CFO, Vogensen had been the Chico’s senior VP finance. He has served Chico's in numerous roles over the past five years. Previously, Vogensen held multiple positions of increasing scope and responsibility with Michaels Stores.

The Finish Line is off to a strong start in fiscal 2015, according to chairman and CEO Glenn Lyon, who credited the company’s omnichannel efforts for its first-quarter success.

The company reported consolidated net sales of $406.5 million, an increase of 15.8% over the prior year period. Comparable store sales increased 5%.

Columbus, Ohio — Casto has completed the redevelopment of Sawmill Square shopping center in the Dublin/NW Columbus area of Central Ohio. The redevelopment included the opening of a new Wal-Mart Supercenter.

The center has also added a McAlister’s Deli, the first in Central Ohio. McAlister will join other new tenants, Sally Beauty and GameStop, as well as the existing line-up of retailers including Z Salon, The UPS Store, Thai Orchid, Huntington Bank, Skyline Chili, Burger King, Goodyear and PNC.


 

Irving, Texas -- Michaels Cos. has raised $472 million in an initial public offering. The arts-and-crafts retailer priced 27.8 million shares at $17 each, which was at the low end of its predicted range. It plans to use the IPO's proceeds to pay down its debt.

The chain, which operates stores under its namesake banner and Aaron Brothers, could raise up to $543 million if underwriters use their option to buy additional shares. 

The stock was expected to start trading Friday on the Nasdaq under the symbol "MIK."

New York — Handcrafted eyewear retailer, Dita, has leased a 1,300-sq.-ft. store at 273 Lafayette Street in SoHo. It will be Dita’s first Manhattan locations and its New York flagship. RKF represented Dita in the transaction, while The Lansco Corp. acted on behalf of the landlord, 157 Prince Street Associates.

The Sports Authority enlisted the aid of current and former San Francisco 49ers greats to promote awareness of 18 stores it remodeled recently in the Bay Area.

Grand re-opening festivities were scheduled for the 18 stores beginning on Saturday, June 28. Each of the remodeled stores features an intuitive design and specialty sport shops with products from top brands like Nike, Under Armour, Adidas and The North Face, according to the company.

Trenton, N.J. -- TerraCycle, an international recycling company, and The North Face are working together to pursue a solution to the common problem of massive amounts of left over polyethylene bags that are used to protect merchandise through distribution and transit. The North Face has engaged 25 of its retail stores in TerraCycle’s The North Face Polybag Brigade, to ensure these plastic bags get recycled. Together the two companies have kept 1.5 million plastic polybags, equaling more than 62,000 lbs., of plastic out of U.S. landfills.

DSW is expanding its omnichannel fulfillment capabilities with eBay Enterprise In-Store Pickup. The company is also poised to launch Ship-to Store as part of its omnichannel strategy.

DSW selected eBay Enterprise as its omnichannel fulfillment partner more than a year ago, and has reportedly seen success with its Ship-from Store and Dropship capabilities.