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  • Nordstrom Q4 profit up 20%; upbeat for 2013

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  • Dillard's mourns death of founder's widow

    LITTLE ROCK, Ark. — Alexa Latimer Dillard, wife of Dillard's founder, the late William Dillard, has passed away.

    Born in Nashville, Arkansas on Oct. 30, 1916, Alexa Latimer married William T. Dillard on June 9, 1940. Dillard was known for her quick wit and eye for great merchandise, but more importantly for her unmatched devotion to her family, according to the company. 

     

     

  • Foot Locker names Build-A-Bear Workshop chief to board

    New York -- Foot Locker announced Wednesday that it has appointed Maxine Clarke, recently retired Build-A-Bear Workshop CEO, as a member of its board of directors.

    Clark has also served as president of Payless ShoeSource, and spent 19 years as an executive with May Department Stores Co.

     

  • Iconix acquires Lee Cooper denim brand

    NEW YORK — Iconix Brand Group has acquired Lee Cooper, a global lifestyle brand with over a 100-year heritage for $72 million in cash. The brand was acquired through the company's Luxembourg subsidiary, Iconix Luxembourg Holdings Sarl. 

  • Topshop eyes 10 more U.S. locations

    New York -- Britain’s Topshop is planning on increasing its U.S. presence. The fashion chain plans to open 10 additional stores in the United Stores over the next two years, according to the New York Daily News.
       
    There are currently four U.S. Topshop stores, with the most recent being a flagship at The Grove in Los Angeles. The 25,000-sq.-ft. store carries the retailer's full range, including its Topman brand for men.

     

  • Foot Locker increases capital expenditures for 2013

    New York -- Foot Locker announced that its board of directors has approved a $220 million capital expenditure program for 2013. The amount marks a significant increase over the approximately $163 million spent on in 2012.

    The company said it plans to invest in such growth initiatives as including new and innovative store formats; continued expansion in Europe; technology to improve its customers' experience; and robust capabilities for its digital segment.

     

  • Build-A-Bear CEO joins Foot Locker board

    NEW YORK — Build-A-Bear CEO Maxine Clark has joined the Foot Locker board of directors. 

    Clark founded Build-A-Bear Workshop in 1997.  She has extensive experience in the retail industry, having also served as president of Payless ShoeSource Inc. and for 19 years as an executive of The May Department Stores Company.

  • Simons wins CSA's top retail award

    NEW YORK -- Retailing Today's sister publication, Chain Store Age has awarded Simons, Canada’s eclectic and fashion-forward department store retailer, top honors in its 31st annual Retail Store of the Year design competition. The company’s 118,000-sq.-ft. store in West Edmonton Mall, Edmonton, Canada, was named Store of the Year. Designed by figure3, Toronto, Simons also was the winning entry in the department store category.

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