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  • RILA announces leadership changes

    ARLINGTON, Va. — The Retail Industry Leaders Association has made changes to its top staff. Former Toys “R” Us and Babies “R” Us executive Garth Gasse has joined the association as director of retail operations, asset protection. Lisa LaBruno has been promoted to SVP for retail operations.

  • Help wanted: teen retailer Delia’s seeks CEO

    Walter Killough will step down as CEO of the 109 unit Delia’s retail chain on April 1.

    The retail said it and Killough reached a mutual agreement not to renew his employment agreement which was scheduled to expire on August 2. Plans now call for Killough to leave the company on April 1, however he may stay on longer if a replacement has not been named.

  • Wet Seal names Sears exec as CEO

    Foothill Ranch, Calif. -- The Wet Seal has named John D. Goodman to serve as its new CEO, with his appointment effective Jan. 7. He replaces former CEO Susan McGalla, who was fired by the company in July 2012 amid sliding sales.

  • RILA announces appointments in retail operations

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) announced that Garth Gasse has joined the association as director of retail operations, asset protection and Lisa LaBruno has been promoted to SVP retail operations.

  • Top 10 Stores of 2012

    1. Baby & Child, Santa Monica, Calif.

    A brand new concept from Restoration Hardware, Baby & Child offers a hip, modern take on upscale children's’ home furnishings. With its taupe tones and sophisticated stylings, this new format is far removed from the pastel, whimsical universe of Pottery Barn Kids and most other kids’ stores. Read More

  • Jack Wills Outfitters continues to expand

    New York -- British clothing and accessories retailer Jack Wills Outfitters is opening a new store, in New Canaan, Conn.

    The company has chosen builder and general contractor A&O Danner, Inc., of Plymouth, Mass., to complete the buildout. In 2010-11, Danner built two other Jack Wills stores in Connecticut, in Greenwich and Westport.

  • DDR acquires two power centers for $151 million

    Beachwood, Ohio -- DDR Corp. on Thursday announced the acquisition of two prime power centers for $151 million during the fourth quarter.

    DDR purchased Carolina Pavilion, located in Charlotte, N.C., from Blackstone Real Estate Partners for $106 million. The 94% leased, 852,000-sq.-ft. center is anchored by Target, Kohl's, Nordstrom Rack, Ross Dress for Less, Buybuy Baby, Bed Bath & Beyond, Jo-Ann Fabric and Craft Stores and AMC Theatres.

  • Simon and CalPERS Affiliate IMI form JV to acquire two assets

    Indianapolis -- Simon Property Group and Institutional Mall Investors (the co-investment venture owned by an affiliate of Miller Capital Advisory and The California Public Employees' Retirement System [CalPERS]), on Thursday announced that they have formed a joint venture to own and operate The Shops at Mission Viejo in the Los Angeles suburb of Mission Viejo, Calif., and Woodfield Mall in the Chicago suburb of Schaumburg, Ill.

  • Baker Katz completes sale of former Syms building

    Houston -- Houston-based X Team International partner Baker Katz said that it has completed the sale of the former Syms clothing store in Houston’s Westchase District.

    The 40,777-sq.-ft. building was sold to Tennis Express for an undisclosed amount. Tennis Express will relocate an existing store and consolidate off-site storage into the new location.
     

     

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