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Apparel

  • Winick brings three new tenants to Flatbush Avenue

    New York — Winick Realty Group has negotiated leases bringing three new retailers to the Flatbush Avenue retail Corridor in Brooklyn, N.Y.

    Starbucks, Game Champ and Cohen’s Fashion Optical will all open doors at 395 Flatbush Avenue Extension, a full-block retail site anchored by Applebee’s and McDonald’s.

    Winick represented landlord Rabina Properties in all three transactions.

     

  • Apple nabs Burberry CEO for newly created spot

    Apple has announced that Angela Ahrendts, CEO of Burberry, will be joining the company as SVP of retail and online stores — a newly created position — and as a member of its executive team. Ahrendts will report to CEO Tim Cook.

    Ahrendts will be charged with overseeing the strategic direction, expansion and operation of both Apple retail and online stores.

  • Survey finds coupons drive impulse purchases

    New York — More than half (54%) of shoppers who used a coupon during purchase would not have made the purchase without the deal; in addition, 55% of these shoppers were inspired to shop because they received a coupon. Those are some of takeaways from a recent survey by Tada.com, which offers deals and coupons from more than 5,000 retailers.

  • Study: Physical stores still key to consumers in omnichannel world

    Chicago -- Consumers value the retail store experience on multiple levels and continue to make the vast majority of their purchases in stores, according to a new study from global management consulting firm A.T. Kearney. The report found that the physical store is the channel of choice across all ages (from Millennial to senior citizens) and household income levels (from less than $25,000 per year to more than $100,000 per year).

  • Stein Mart continues executing growth strategy

    The opening of two new Stein Mart stores in New Jersey and California this month will round out the discount department store operator's 2013 capital expansion program and give it a year-end total of 264 units.

    The opening follows four new stores last month in El Paso, Texas; Buford, Ga.; Elk Grove, Calif.; and Colorado Springs, Co., as well as a September comparable-store sales increase of 5% and a total net sales increase of 7.3% for the month.

  • Dd’s Discounts opens nine new locations

    Pleasanton, Calif. — Dd’s Discounts recently opened nine new locations across five states as part of the retailer’s 2013 expansion program totaling 23 new locations.

    The retailer now operates 131 locations in eight states. The new stores are located in California (4), Texas (2), Arizona (1), Florida (1) and Tennessee (1).

     

  • DSW opens new store Oct. 17

    Columbus, Ohio -- DSW Inc. is opening of a new store in Greenville, S.C. on October 17. As of May 18, 2013, DSW operates 377 stores in 42 states, the District of Columbia and Puerto Rico, as well as 348 leased departments for other retailers in the U.S. under the Affiliated Business Group.

  • Family Dollar promotes Reiser to SVP/lead merchandising officer

    According to an internal memo from Family Dollar president and COO Mike Bloom, Jason Reiser has been elevated to the role of SVP/lead merchandising officer at the company.

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