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Apparel

  • Finish Line e-commerce head to retire

    Indianapolis -- Finish Line said Monday that the president of its e-commerce division will retire.

    Don Courtney will depart following a transition period, remaining in his current role during the retailer’s search for his successor.

  • Finish Line looking for new e-commerce leader

    INDIANAPOLIS -- Finish Line announced that Don Courtney will retire as president e-commerce, following a transition period. Courtney will remain in his current role throughout the transition as the company conducts a search for his successor. He will continue to report to Finish Line president and chief merchandising officer Sam Sato. The e-Commerce leadership team that reports to Courtney remains in place.

  • March decline at Target no surprise

    Target had forecast a mid-single decline in its March same-store sales, so the 5.5% decline it reported last week was no surprise. The late arrival of Easter is messing with retailers’ sales comparisons, so even though March was a down month for Target, it could have been worse as the comparison with the prior year was a lofty 10.3%. Therefore, last month’s 5.5% decline is a victory of sorts, and March results for retailers overall were better than expected.

  • Limited Brands’ CEO pay package nearly doubles

    New York City -- Lexlie Wexner, 73, the CEO and founder of Limited Brands, received a 2010 pay package nearly double the year before, according to an analysis by The Associated Press. The increase came as business improved for the parent of Victoria's Secret and Bath and Body Works.

    Wexner's total compensation totaled $20.1 million, up from $10.4 million in 2009, because of a hefty increase in stock and option awards and a higher performance-based bonus.

  • Famous Footwear opens at North Haven Pavilion

    North Haven County, Conn. -- Purchase, N.Y.-based National Realty & Development Corp. announced that Famous Footwear opened at North Haven Pavilion, located in North Haven, Conn., on March 9.

    Target, Sports Authority and Michaels anchor the 274,000-sq.-ft. center.
     

  • Evergreen Devco selects Grubb & Ellis to lease retail portfolio

    Phoenix -- Grubb & Ellis Co. said that Evergreen Devco has selected Bill Finch, VP, and Alex Gonzalez, senior associate, both of the company’s Retail Group, as the leasing agents of Goodyear Centerpointe, Villago Marketplace, Anthem Marketplace at Merrill Ranch and Sonoran Desert Village.

    The properties offer a total of 596,000 sq. ft. of space in the Phoenix metro area.

  • Miracle Mile Shops opens new and remodeled tenants

    Las Vegas -- Miracle Mile Shops at Planet Hollywood Resort & Casino said it has added over 50,000 sq. ft. of new and remodeled tenants to the center throughout 2011.

    Multiple new merchants totaling 17,300 sq. ft. are set to open at Miracle Mile Shops, including Guess (June), Pandora (May) and Chinese Laundry (April). Additionally, nine merchants totaling 34,422 sq. ft. such as Victoria’s Secret, Lucky Brand Jeans and Bebe are remodeling existing locations.

  • Dick’s to open at Lisbon Landing

    Lisbon, Conn. -- WS Development announced that Dick's Sporting Goods has signed on at Lisbon Landing, located in Lisbon, Conn. Dick's will occupy an approximately 40,000-sq.-ft. space, which will be located next to O'neil Cinemas' Lisbon Landing Cinema 12.

    At 560,000 sq. ft., Lisbon Landing is anchored by The Home Depot, Kohl's and Walmart Supercenter.

  • O’Connor Capital and Real Vest close on two shopping center deals

    Boston -- O'Connor/Real Vest Retail Holding Co., LLC, a partnership formed by O'Connor Capital Partners and Wafra Investment Advisory Group, have teamed with The Wilder Cos. to complete transactions that include the purchase of Milford Marketplace in Milford, Conn., and the acquisition of the ownership interest in Phase I of Settlers Ridge in Pittsburgh.

    The centers were developed and managed by Chattanooga, Tenn.-based CBL Properties.
     

  • Charming Charlie’s makes Massachusetts debut

    Foxborough, Mass. -- Houston-based women’s fashion accessories retailer Charming Charlie said it has opened its first Massachusetts location at Patriot Place in Foxborough, Mass.

    The 9,000-sq.-ft. store, located in Patriot Place’s North Marketplace, is Charming Charlie’s entrée into the Northeast.

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