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Apparel

  • Soon-to-be former Saks CEO joins JCP board

    Saks chairman and CEO Stephen Sadove has been named to the board of directors at J.C. Penney to fill a position being vacated by Geraldine Laybourne.

    Sadove will be leaving his position at Saks soon as the upscale department store chain was recently sold to Hudson’s Bay Company. Sadove joined Saks in 2002 as vice chairman and assumed the additional post of chief operating officer in 2004. He became CEO in 2006 and the following year was named chairman.

  • Silver Jeans to debut ‘Loft’ concept at Glendale Galleria

    Winnipeg, Manitoba -- Canadian denim company Silver Jeans Co. said it will open its "loft" concept store at Glendale Galleria on Nov. 2 in Glendale, Calif.

    "We put a lot of work into making sure the store environment represents our brand," says Michael Silver, CEO, Silver Jeans Co. “We've created an environment that has a comfortable modern feeling but also lets our guests know that we're a historic brand with a rich 92-year history."

  • Poll: Amazon most trusted brand among consumers

    New York -- Amazon remains the world's most trusted retailer despite widespread criticism of its tax affairs and labor disputes.

    The Internet giant topped a poll of 30,000 consumers in nine countries although the research by OC&C, unveiled on the closing day of the World Retail Congress, revealed that “its crown has very much slipped.”

    Consumers were asked to rank nearly 600 retailers on a range of factors such as trust, value for money, service, product, and multichannel capability.

  • ShopperTrak: September 2013

    Shopper activity decreased this September, in line with ShopperTrak’s predictions. Total retail store shopper traffic for the month decreased 20.2% compared to August. In a year-over-year comparison, shopper traffic for September 2013 decreased 6.9% compared to the same month last year.

    Back-to-school shopping activity that peaked in August slowed as school came back in session. The early Labor Day (Sept. 2) compounded the reduction in September’s shopper activity by combining two normally distinct shopping opportunities into just one.

  • Ollie’s Bargain Outlet to Boardman Plaza in Youngstown

    Bryn Mawr, Pa. — Ollie’s Bargain Outlet has opened at Boardman Plaza in Youngstown, Ohio, according to WP Realty, the center’s owner.

    Boardman Plaza is a 625,000-sq.-ft. center and home to national, regional and local tenants including Burlington Coat Factory, Hobby Lobby, Save A Lot, Planet Fitness, Michaels, giant Eagle and Rite Aid.

     

  • Sport Chalet sets sights on yogis

    Specialty retailer Sport Chalet is promoting its yoga apparel and gear to experienced yogis and first-timers alike.

  • Charter Realty completes four leases at Springfield Plaza

    Springfield, Mass. — Charter Realty has announced four leases totaling 59,030 sq. ft. in the Springfield Plaza Center in Springfield, Mass.

    Planet Fitness will move into a 20,000-sq.-ft. facility currently under construction. Aaron’s Rentals has renewed its lease for 8,030 sq. ft. Rocky’s Ace Hardware has also renewed on 25,500 sq. ft. Finally, the 99 Restaurant has renewed a 5,500-sq.-ft. space.

    K-Mart, Super Stop and Shop and TJMAXX anchor the 550,000-sq.-ft. Springfield Plaza Center.

     

  • Colliers: Fifth Avenue has highest retail rent, at $3,052 per square foot

    Seattle -- The global retail real estate market rebounded in the first half of the year, with international and luxury brands expanding to new markets and high street properties growing in popularity, according to a new report from Colliers International. Fifth Avenue in Manhattan claimed the highest rent, at $3,052 per square foot, followed by Hong Kong’s Queen's Road Central ($2,086) and Canton Road, Tsim Sha Tsui ($1,993), London’s Old Bond Street ($1,520) and Manhattan’s Madison Avenue ($1,325).

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