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  • The Organic Bedroom to open at Sutton Square

    Raleigh, N.C. -- Jacksonville, Fla.-based Regency Centers said that The Organic Bedroom will open a 1,300-sq.-ft. store at Sutton Square, in Raleigh, N.C.

    Specializing in mattresses made of organic and natural materials, the store is slated to open for business in June 2012.

    The 101,025-sq.-ft. shopping center is anchored by a 24,167-sq.-ft. Fresh Market alongside national retailers such as Pet Supermarket, Rite Aid and Performance Bicycle.
     

  • Brown Shoe CFO resigns, successor named

    St. Louis -- Brown Shoe Co. said Wednesday that CFO Mark Hood has resigned the company, effective June 11. Russ Hammer has been named the successor.

    “I’m confident [Hammer] will be able to make an immediate contribution across the company and to the work we’ve been completing in our portfolio realignment efforts,” said Diane Sullivan, president and CEO.

  • Toys"R"Us CEO, Nordstrom Direct president to headline online event

    Toys“R”Us chairman and CEO Jerry Storch and Nordstrom Direct president Jamie Nordstrom are among the featured speakers at the Shop.org annual summit.

    The annual event organized by Shop.org, a division of the National Retail Federation, will be held September 10 to 12 and the Colorado Convention Center and is billed as the premier gathering for retail e-commerce, digital and multichannel retailers.

  • Levi Strauss names president of global retail

    New York -- Levi Strauss & Co. promoted Joelle Mahler, senior VP of Americas Retail, to the new post of executive VP of the company, and president of global retail, effective immediately.

    Mahler will be responsible for Levi’s retail operations worldwide, including company-owned, franchise and outlet stores, along with e-commerce.
     

  • Ackman on J.C. Penney: Wait until August

    New York -- William Ackman, founder and CEO of Pershing Square Capital Management, said that J.C. Penney Co. should start to see “real progress” in early 2013. Ackman made his comments in an interview Tuesday on CNBC’s “Squawk Box.” Pershing Square owns about 18% of J.C. Penney.

  • Macy’s same-store sales rise 4.2% in May on strength of online

    Cincinnati -- Macy’s reported Wednesday that same-store sales for the month of May increased 4.2% compared with the previous year. Revenue rose 4.1% to $2.02 billion.

  • Neiman Marcus to equip associates with smartphones

    New York -- Neiman Marcus is equipping all of its 4,000 associates at its full-line stores with smartphones in an effort to better serve customers, company executives said on the retailer’s recent conference call with analysts.

    Neiman’s executives also said the company plans to remodel it stores on Michigan Avenue in Chicago, and in Bal Harbour Shops, Bal Harbour, Fla.
     

  • Jos. A. Bank Q1 profit declines

    Hampstead, Md. -- Jos. A. Bank Clothiers reported Wednesday that net income for the quarter ended April 28 shrank to $14.8 million, from $17.8 million in the year-ago period.

    Revenue rose 4.2% to $201.4 million, from $193.3 million. Same-store sales dipped 1%.
     

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