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  • Platypus to open at the Streets of Chester

    Woodbridge, N.J. -- Fameco Real Estate announced that Platypus Custom Home Furnishings has signed a 5,005-sq.-ft. lease at the Streets of Chester, in Chester, N.J. 

    The Streets of Chester is a 104,682-sq.-ft. lifestyle center tenanted by Chico’s, White House Black Market, Coldwater Creek and the Gap.

    This newest location is Platypus’s fifth.
     

  • Chipotle Mexican Grill to open at Corbin’s Center

    West Hartford, Conn. -- Jacksonville, Fla.-based Regency Centers said that Chipotle Mexican Grill will open a new restaurant at Corbin’s Center, located in West Hartford, Conn.

    The 3,500-sq.-ft. restaurant is slated to open October 2012.

    Corbin’s Center, at 186,163 sq. ft., is anchored by Trader Joe’s alongside national retailers such as Best Buy, Old Navy and Toys “R” Us.

  • Gap debuts in Poland

    New York City -- Gap Inc. on Thursday opened its first store in Poland, in Warsaw’s Arkadia mall.

    Gap and its Polish franchise partner, Ultimate Fashion, are planning to open more stores in Poland in 2012 and expand to other countries in the region.
     

  • Nielsen survey: Most Black Friday shoppers head to department stores

    New York City -- Nielsen’s annual Black Friday Shopping Survey, released Tuesday, found that 80% of consumers don’t plan to shop on Black Friday. Of those that do, 71% will head to department stores, 52% to electronics stores, 51% to mass merchandisers and discounters, 40% will shop online, 27% will visit toy stores and 23% will shop warehouse clubs.

  • Gensler to refurbish Wilkes Bashford

    San Francisco -- Gensler has been selected to refurbish Wilkes Bashford, an upscale men’s and women’s clothing store in San Francisco. The project will involve a top-to-bottom renovation of the iconic, seven-level store.

  • Collective Brands swings to loss in Q3, accelerates closures

    Topeka, Kan. -- Collective Brands Inc., parent of Payless ShoeSource, reported Monday that it swung to a loss of $114.3 million in the quarter ended Oct. 29, compared with a profit of $47.6 million in the year-ago period. Excluding a tax-related charge, the retailer would have gained $37.1 million in the quarter.

  • Chico's FAS net income dips in Q3

    Fort Myers, Fla. -- Chico's FAS reported Tuesday that net income for the quarter ended Oct. 29 fell to $26.5 million, compared with $28.8 million a year earlier. Results include costs associated with the company’s acquisition of Boston Proper.

    Net sales for the quarter increased 11.5% to $538.5 million, from $483 million. Same-store sales increased 3.7%. By brand, Chico's/Soma Intimates same-store sales increased 0.6

  • DSW Q3 profit beats Street, raises full-year outlook

    Columbus, Ohio -- DSW Inc. reported Tuesday that net income increased to $53.7 million in the third quarter, up from $35.5 million a year earlier.

    Sales rose 8.5% to $530.7 million, from $489.3 million. Same-store sales increased 5.2%.

    The shoe retailer cited strong boot sales for the performance surge. “We are confident in our strategies and continue to expect fiscal 2011 to represent a strong year of growth, and as a result we have increased our annual guidance," said Mike MacDonald president and CEO.
     

  • Citi Trends loss widens in Q3

    Savannah, Ga. -- Citi Trends reported Tuesday a loss of $6.8 million in the third quarter, compared with a loss of $0.4 million a year earlier.

    Sales increased 2.2% to $143.1 million, from $140 million. Same-store sales decreased 9.3%.

    The company opened 26 stores, relocated or expanded four others and closed one store in the third quarter.
     

  • Brown Shoe to close 145 Famous Footwear stores, sell off some units

    St. Louis -- Brown Shoe Co. said Monday that while profit rose dramatically in the third quarter thanks to a business unit divestiture, the retailer will cut several of its lines and close underperforming stores nationwide to shore up profitability.

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