Apparel

New York -- Chinos Intermediate Holdings A, Inc., the indirect parent company of J. Crew Group, Inc., intends to issue $500 million of senior PIK toggle notes due 2019. The notes will be offered and will be sold in a private placement to qualified institutional buyers in the U.S, pursuant to Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons in transactions outside the U.S. pursuant to Regulation S under the Securities Act.   

New Hyde Park, N.Y. — Kimco Realty Corp. has announced a purchase and sale agreement to acquire a 24-property retail portfolio in New England for $270 million, which includes the assumption of $121.5 million of mortgage debt.

The 1.4-million-sq.-ft. portfolio is 96% occupied. It includes 17 properties in the Boston metropolitan market. Anchor tenants include Whole Foods, Trader Joe’s, Lowes, Kohl’s, Petco, Pier 1 Imports, Aldi Supermarket, CVS and Walgreens.

New York -- Lane Bryant has announced the opening of three new stores and one relocation of an existing store.

The specialty apparel retailer plans to open a new store in the Miracle Mile Shopping Center in Monroeville, Pa., on Oct. 25, with the grand opening running through the weekend.

Lane Bryant also plans to open a new store at Rushmore Crossing in Rapid City, S.D. on Oct. 25, with the grand opening continuing through Sunday.

Pittsburgh – Dick’s Sporting Goods will open a new store at Towne Center in Batavia, N.Y., on Nov. 1.

The Batavia location will be the retailer's 37th store in the state of New York and its 548th nationwide.
 

New York -- Brooks Brothers today announced that Mary Pytko has joined the company as its new executive VP of global human resources.

Pytko has held leadership roles at companies including American Express and Lord & Taylor. Most recently she was senior VP, human resources at the Thomson Reuters Corporation.

Dodgeville, Wis. — Lands’ End has announced the opening of its first standalone store within a shopping mall — in the Yorktown Center Mall in Lombard, Ill., a Chicago suburb.

The store is slated to open on Nov. 15. For each sale made during the Grand Opening Event, the store will donate $50 to the Glen Ellyn food Pantry for a Thanksgiving Food Box meal.

Boca Raton, Fla. – The Altman Companies has closed on 10 acres in the Westchase area of Tampa, Fla., with close proximity to downtown and Clearwater. Construction on the 239-unit mixed-use Altis at Highland Park rental community is scheduled to start right away with first units to be delivered in July 2014.

The community will feature a mix of 239 apartments and 5,000 sq. ft. of retail space. Lender for the development is PNC Bank.

Columbus, Ohio – Lane Bryant opens three new locations and a relocated store on Oct. 25. The stores are all located at shopping centers.
    
The new stores are located at Miracle Mile Shopping Center in Monroeville, Pa., Rushmore Shopping Center in Rapid City, S.D., and Commons at Magnolia in Florence, S.C. Lane Bryant also opens a relocated store outside of The Promenade at Millcreek Mall in Erie, Penn. on Oct. 25.