Apparel

New York City -- Macy’s announced it plans to spend about $400 million over the next four years to remodel and update its legendary store at Herald Square in Manhattan.

As part of the project, the store’s space will be expanded by 100,000-sq.-ft., giving it a total of 1.2 million sq. ft. of selling space. The additional space will result from opening up space currently used for stock and offices and extending the mezzanine level in the Broadway Building.

NEW YORK — Macy's announced that, for the first time ever, it will open its stores at 12 a.m. on Friday, Nov. 25, the day after Thanksgiving, to give shoppers a jump on Black Friday.

According to the company, its Black Friday sale will include door-buster deals on hundreds of items from electronics to jewelry, and even a limited-edition fragrance gift set from Justin Bieber featuring his holiday CD and an exclusive bonus track. 

Newark, N.J.  -- U.S. containerized import volume fell 6% in September from the month before as surging shipping of auto parts was not enough to offset growing pessimism among retailers about consumer demand heading into the holidays, according to figures from The Journal of Commerce/PIERS.

Imports fell 6% from August to September, and the disappointing numbers for such items as toys, apparel and home goods signaled retailers are restraining their inventory growth on the cusp of the holiday shopping season.

Austin, Texas -- NewComLink announced that Zale Corp. has implemented the NewComLink platform as part of its new program to provide alternative financing options to its U.S. customers.

Zale announced the new alternative financing program on Aug. 31.

Ridgefield, Conn. -- Gap tapped Schimenti Construction to build the company’s flagship Athleta location in New York City.

The 3,922-sq.-ft. store, which features performance apparel and gear for the active woman, is in a landmark building on Columbus Avenue, in Manhattan. The space was completed in 13 weeks from start to opening.

NEW YORK — MG Icon, the joint venture among Iconix Brand Group Inc., Madonna and Guy Oseary announced that that it is looking for the next stars of the national marketing campaign for Macy's exclusive Material Girl brand. The "Lucky Stars" model search will launch on Wednesday, Nov. 2 at Macy's Herald Square in New York and will culminate on Nov. 21 online at www.materialgirlcollection.com.

Richmond, Va. -- Charlotte, N.C.-based Crosland Southeast said it broke ground Friday on Richmond MSA’s newest multi-use development, Stonebridge, which will occupy the site of the former Cloverleaf Mall in Chesterfield County, Va.

The first phase of Stonebridge includes the construction of 144,000-sq.-ft. of retail space – most notably, a 123,600-sq.-ft. Kroger Marketplace grocery store that will be the region’s largest and the company’s most expensive to date.  

New York City -- A new concept, C. Wonder, has made its retail debut, opening a 5,000-sq.-ft. store in Manhattan’s SoHo neighborhood. The company is on track to open three mall  locations this fall: Garden State Plaza, Paramus, N.J.; The Westchester Mall, White Plains, N.Y.; and Roosevelt Field, Garden City, N.J.  An additional 20 locations are planned for 2010, according to various reports.

New Canaan, Conn. -- Value-focused but financially healthier American consumers will propel 2011 holiday sales to a record $554 billion, according to retail consultancy Customer Growth Partners’ 10th annual holiday forecast. The forecast, which is significantly more upbeat than other holiday surveys, predicts total retail sales growth of 6.5% for the November-December period over last year, the most rapid growth since 6.9% in 2004 — and over twice consensus forecasts called for lackluster growth of only 2.5%-3%.

By Craig Johnson, [email protected]