Apparel

Beachwood, Ohio -- DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.

"Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."

New York -- Winick Realty Group said that women’s formal wear brand Social Apparel, with locations in four New York malls, has leased its first freestanding location at 255 West 34th Street, located between Seventh and Eighth Avenues in Manhattan’s Garment District.

The store includes 1,760 sq. ft. on the ground floor, 1,276 sq. ft. on the mezzanine and 1,540 sq. ft. in the basement.
 

South Plainfield, N.J. -- National Retail & Development Corp. announced Tuesday that Dick’s Sporting Goods will anchor Hadley Center in South Plainfield, N.J., joining current anchors Target, Kohl’s, Regal Cinemas and Marshalls.
 
Dick’s will occupy 50,175 sq. ft. and plans to open in late summer 2013, which brings Hadley Center to 100% leased.

The 542,000-sq.-ft. Hadley Center is located in a 1.4 million-sq.-ft. mixed-use development, home to more than 120 companies.

Armonk, N.Y. -- IBM announced Wednesday that jewelry chain Signet Jewelers has teamed with IBM on a major e-commerce strategy and digital marketing redesign for Signet's national U.S. store chains, Kay Jewelers and Jared the Galleria of Jewelry.

The initiative has resulted in consistent sales growth, including a year-over-year increase of 49% in online sales as reported in the company's recently announced holiday sales for fiscal 2013.

NEW YORK — Walmart announced its plans to increase domestic sourcing of the products it sells and hire 100,000 honorably discharged veterans in the next five years.

Speaking at the National Retail Federation's annual BIG Show, Walmart U.S. president and CEO Bill Simon also announced the company is helping part-time associates who want to work full-time make that transition.

MINNEAPOLIS — Winmark Corporation, franchisor of four value-retail store concepts, is developing a new concept focused on reselling women's apparel and accessories.

Winmark Corporation operates 968 franchises under the Plato's Closet, Play It Again Sports, Once Upon A Child and Music Go Round brands, all of which buy, sell, trade and consign gently used merchandise. The franchisor intends to market the new retail concept to savvy and frugal shoppers.

Home Depot and Dollar General are among a total of 23 national brand name retailers that now accept PayPal as payment in their physical stores.

PayPal announced plans to sign up a total of 20 large national retailers by the end of 2012. They closed the year with 23, which means shoppers will have the option of paying for purchases with PayPal at 18,000 physical stores around the United States.

New York -- Walmart plans to significantly boost its sourcing from domestic suppliers over the next decade. The plan was announced during an address by Bill Simon, Walmart U.S. president and CEO, at the National Retail Federation's annual convention in New York. Simon also announced the company is committed to helping part-time associates who want to be full time, make that transition.

New York -- Shoppers diversifying the way they shop for and acquire goods, becoming increasingly open to buying both online and in-store depending on their needs at time of purchase. While more than 80% of shoppers chose the store to make their last non-grocery purchase, only half are committed to returning there next time they buy. These are among the findings of a new IBM study of global consumers.

Sidney, Neb. -- Cabela’s Inc. on Tuesday announced plans for two new stores, one in Greenville, S.C., and the other in Woodbury, Minn.

Cabela’s expects to open the Greenville store – its first South Carolina location – in spring 2014. The 100,000-sq.-ft. store will be located in Magnolia Park, a newly redeveloped shopping center.