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Apparel

  • Nielsen: U.S. consumers spending looking up

    New York -- North American consumers opened their wallets in the first quarter of 2013 and exhibited a desire to spend again, although they remain cautious, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions. Forty-two percent said they plan to spend on discretionary items this year, a six-point rise from fourth quarter 2012, and up from the average of 33% over the past three years.

  • Destination XL launches ad campaign to support expansion

    Canton, Mass. -- Destination XL Group on May 5 launched a national advertising campaign designed to draw attention to the many challenges men who wear extra large sizes face when shopping for clothes and position Destination XO stores as the one-stop-shopping solution for the style needs of this underserved consumer.

  • Stein Mart restates results, to debut e-commerce this year

    Jacksonville, Fla. -- Stein Mart reported Monday that it has restated its 2011 periods and first quarter 2012 results, released its full-year 2012 financial numbers, and said it will unveil several key initiatives in 2013.

    For the fourth quarter, net income was $13.5 million, compared to $5.9 million last year. Sales surged 11.4% to $368.6 million from $331 million, and same-store sales increased 6% in the quarter.

  • Jones Group nominates Barington Capital chief to board

    New York -- The Jones Group Inc. said Monday that it has nominated James Mitarotonda, chairman and CEO of Barington Capital Group, to its board of directors, expanding the board to 11 members.

    Barington has about a 2.3% stake in Jones Group.

     

  • Town Shoes teams with Jesta I.S. on e-commerce solution

    Montreal -- Jesta I.S. said Monday it has expanded its relationship with Canadian shoe store operator Town Shoes, parent to the Sterling Shoes, Shoe Warehouse and Freedman Shoes banners, to include the implementation of the multichannel order management capabilities delivered by Vision E-DOM.

    In deciding to implement Jesta I.S., Town Shoes will further leverage its existing IT infrastructure, at the backbone of which are Vision’s foundational Merchandising ERP and POS systems.

  • Divaris completes 50,000-plus sq. ft. in leases in Virginia

    Virginia Beach, Va. -- Divaris Real Estate has announced the completion of several leases for retail space in Virginia Beach, Norfolk and Richmond, Va.  
     
    The first lease was signed with O’Reilly Auto Parts for 12,608 sq. ft. in a former Rite Aid pharmacy located in Norfolk.  O’Reilly operates 13 other stores in Hampton Roads.
     

  • Tuesday Morning opens at Southland Shopping Center

    Middleburg Heights, Ohio -- Brixmor Property Group announced that a 14,151-sq.-ft. Tuesday Morning recently opened at Southland Shopping Center, located in Middleburg Heights, Ohio.

    Brixmor, based in New York City, is the owner of Southland Shopping Center.

     

  • Rue21, Jared to open at El Paso retail centers

    El Paso, Texas -- Dallas-based Venture Commercial Real Estate said it has negotiated leases for two retailers entering or expanding in the El Paso, Texas, market.
     
    Rue21 has opened a 5,000-sq.-ft. store at El Paseo Marketplace, its fourth location in El Paso.

    Jared, The Galleria of Jewelry has signed a lease to open its first El Paso location in a 6,057-sq.-ft. store at The Fountains at Farah, a 600,000-sq.-ft. power lifestyle center currently under construction and opening fall 2013.   

     

  • E-commerce brand Bonobos to make offline debut in NYC

    New York -- RKF has arranged a 1,500-sq.-ft. lease at 35 Crosby Street in SoHo for men’s e-commerce apparel brand Bonobos, which will open its first stand-alone Guideshop location in New York City.

    Bonobos currently operates five other brick-and-mortar locations elsewhere.

    In the cast iron district of SoHo, the retailer will operate in 1,000 sq. ft. on the ground floor and 500 sq. ft. on the lower level of the seven-story building. The new store is slated to open in mid-May.

     

  • GBT Realty completes construction on Academy Sports

    Huntsville, Ala. -- Brentwood, Tenn.-based GBT Realty has completed construction on Huntsville, Ala.’s first Academy Sports + Outdoors. The 72,000-sq.-ft. store, which opened on April 26, is the third Academy Sports development for GBT. Reed Construction served as site contractor and Stewart Perry Construction as general contractor on the project.

    GBT completed construction in fall 2012 for stores in Mobile, Ala., and Smyrna, Tenn.

     

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