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Apparel

  • Kentucky Oaks Mall signs two new retailers

    Youngstown, Ohio — Kentucky Oaks Mall in Paducah is welcoming two new tenants. Ulta Salon will open an 11,000-sq.-ft. store in October. Neel Thredz Spa opened in July in the Dick’s Sporting Goods concourse. The new salon specializes in eye aesthetics.

    The newly renovated mall encompasses more than one million sq. ft. It is owned and managed in association with Cafaro-affiliated companies.

     

  • University Village signs three new tenants

    Riverside, Calif. — University Village Shopping Center in Riverside, Calif., has inked five-year leases with three new tenants, according to NewMark Merrill Companies.

    • Amazon Toner, which refills ink and toner cartridges for 30% to 50% below retail, has taken 1,355 sq. ft.
    • House of Beauty has leased 1,866 sq. ft.
    • UC Bakery has signed a five-year lease for 1,433 sq. ft.

    University Center is a 178,020-sq.-ft. outdoor community center anchored by Regency Theatres.

     

  • Tommy Hilfiger celebrates partnership with Autism Society San Diego

    NEW YORK — The Tommy Hilfiger Group enlisted actor Josh Bowman and professional surfers Kalani Robb, C.J. Kanuha and Alek Parker to participate in Autism Society San Diego's annual summer surf camp.

    In June, Josh Bowman and Kalani Robb, along with Gary Sheinbaum, CEO, Tommy Hilfiger North America and InStyle Magazine fashion director Cindy Weber-Cleary, co-hosted the opening event for the newest Tommy Hilfiger store opening in San Diego’s Fashion Valley Mall, benefitting the Autism Society San Diego.

  • Pathlight Capital issues term loan to Birks & Mayors

    Boston -- Pathlight Capital, part of Sycamore Partners, said it will serve as the administrative and co-collateral agent on a $28 million secured term loan facility to Montreal-based jewelry retailer Birks & Mayors.

    The loan, which matures August 2018, amends an existing $18 million term loan; the Junior Capital Division of Wells Fargo Capital Finance will serve as the co-collateral agent on the facility.   

  • Softer-than-expected Q2 comp-store sales for Hibbett

    BIRMINGHAM, Ala. — Hibbett Sports reported a weaker-than-expected comparable-store sales increase of 0.3% for the second quarter ended Aug. 3, compared to a 4.8% increase in the prior-year period.

    Last year's second quarter benefited from the extra week in the fiscal calendar which resulted in approximately $12 million of sales.

  • Destination XL Group swings to loss in Q2, revises guidance

    Canton, Mass. -- Big and tall men’s apparel retailer Destination XL Group recorded a $1.6 million loss in the second quarter, compared with a profit of  $1.2 million in the year-ago period.  Sales dipped 3% to $97.6 million from $100.5 million, and same-store sales rose 6.9%.

  • Foot Locker Q2 up 12%

    New York -- Foot Locker's second-quarter net income increased 12%, partly due to a recent acquisition. (In July, the retailer completed its purchase of German athletic store chain Runners Point Group for $94 million.)

    For the period ended Aug. 3, the company earned $66 million, compared to $59 million a year ago. Its results were in line with expectations.

    Revenue rose 6.4% to $1.45 billion from $1.37 billion, in line with expectations. Same-store sales rose 1.8%.

  • Phase one of center court redevelopment completed in July; More to come

    Honolulu — With 42 million visitors per year, the two million-sq.-ft. Ala Moana Center in Honolulu boasts sales per square foot of $1,300. At the beginning of the year, owner General Growth Properties began a massive $572 million redevelopment of Ala Moana — the world’s largest open-air shopping mall. The goal is to add 650,000 sq. ft. of new retail space.

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