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Apparel

  • Alliance Data to launch loyalty-focused credit card for online retailer Venus

    Dallas -- Alliance Data Systems Corp announced that its retail services business, which manages more than 130 private label and co-brand credit programs, has signed a new multi-year agreement to provide private label credit card services for women’s fashion online and catalog retailer Venus.

    Predominantly an online soft-goods retailer, Venus is experiencing double-digit growth by focusing on fashion-forward merchandising trends, expanding into new fashion categories, and appealing to a customer demographic with whom digital channels resonate.

  • Sears tries fast fashion format on for size

    A week after it divested Lands’ End, Sears announced plans to launch Now + Here, a fast fashion shop available in Sears stores across the country, on Sears.com and Shopyourway.com, the second week of April. The Now + Here shops offer a new shop environment with monthly deliveries.

    The move comes as the company continues to transform into a member-centric retailer leveraging Shop Your Way and integrated retail.

  • Millennials: Social media crucial; Instagram is ‘must-have’ app

    New York -- Social media delivers more than wish-list window shopping — it is, essentially, a social-purchasing path for young women that leverages each platform's strength and point of engagement to enhance the shopping process, according to a survey by Teen Vogue. And according to respondents, the future belongs to Instagram. It is the platform most cited as the one that "everyone will be talking about next year," and the clear must-have app this year.

  • Maurices opening 60 stores in 2014

    Duluth, Minn. -- Ascena Retail Group, parent to the Maurices, DressBarn and Lane Bryant banners, announced the 900th Maurices store opening. The Fresno, Calif., store will officially open later this month, joining 899 other stores in the U.S. and Canada.

    Maurices will open 60 new stores by the end of its fiscal year in July 2014. In addition to new store openings, Maurices is remodeling or expanding 80 stores this year.  

    The company's long-term goal is to reach over 1,200 stores domestically and 100 stores in Canada.

  • Mother Nature hits Francesca’s in fourth quarter

    Francesca’s sales results for the fourth quarter were below its revised guidance, thanks in part to extreme weather conditions, which forced the company to fully or partially close 370 boutiques during January.

  • Oracle Industry Connect: The fulfillment behind ‘Commerce Anywhere’

    A central theme of the Oracle Industry Connect conference, held in Boston March 25-26, was “Commerce Anywhere,” or the new customer experience paradigm that requires enabling the consumer to purchase products how they want, when they want and to do so in a connected, nearly seamless fashion. IT also entails delivering targeted assortments, making inventory transparent and accessible to customers and employees in real-time, and integrating the systems supporting retail operations.

  • Francesca’s sees Q4 profit, comps slip; 85 stores on tap for 2014

    Houston -- While 91 new stores boosted sales for the final fiscal quarter and year-end, Francesca’s Holdings Corp. saw net income for the 13-week period ended Feb. 1 slide to $10.6 million, from $14.9 million last year.

    Same-store sales fell 6%, swinging from a 10% increase in the prior year quarter. Revenue surged to $92.1 million from $86.7 million, helped by 91 new boutique openings since the prior year quarter.  Five of the 91 opened during the fourth quarter.

  • Three new tenants for Tempe Marketplace

    Tempe, Ariz. — DSW, Nordstrom Rack and Total Wine & More have leased space at the 1.3 million-sq.-ft. Tempe Marketplace in Tempe, Ariz.

    DSW will open a 20,000-sq.-ft. store in mid April. Nordstrom Rack plans to open a 35,000-sq.-ft. store in October. Total Wine & More, the largest independent fine wine retailer in the country, will occupy 20,000 sq. ft. and plans to open in October.

    Vestar developed and owns Tempe Marketplace.
     

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