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Apparel

  • New stores on tap for Miracle Mile Shops

    Las Vegas -- Miracle Mile Shops at Planet Hollywood Resort & Casino said that five new stores will open at the center, and several tenants will unveil newly renovated spaces.

    Garrett Popcorn will open this September in its first Las Vegas location; Jamba Juice has already opened its Miracle Mile Shops outlet, and blow-dry bar Dollheads will open this June. In November, GRATiAE will open a skin care products store.

  • Casual Male profit falls 45% on higher tax rate

    Canton, Mass. -- First-quarter net income dropped 45% at Casual Male Retail Group Inc., hurt by a higher tax rate. The chain’s tax rate jumped to 40.4% from 10.1% due to the reversal of a valuation allowance in fiscal 2011.

    The retailer reported Friday that it earned $2.3 million for the three months ended April 28. That's down from $4.2 million in the year-ago period.

    Revenue edged up slightly to $95.9 million from $95.8 million on better sales at its DXL and Casual Male XL stores and more money spent per customer.

  • Hibbett Sports an attractive Q1, raises outlook

    BIRMINGHAM, Ala. — Hibbett Sports raised its full year guidance after posting hefty sales and earnings growth for its first quarter. Sales for the first quarter ended April 28, increased 14.4% to $232.9 million compared with $203.7 million for the 13-week period ended April 30, 2011. Comparable-store sales increased 11.1%. Net income for the quarter increased 23.5% to $26.4 million compared with $21.3 million for the same period last year. Earnings per diluted share increased 29% to 98 cents compared with 76 cents for the same period last year.

  • DSW to open at Capital City Mall

    Harrisburg, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that DSW will open a 17,400-sq.-ft. store at Capital City Mall in Camp Hill, Pa.

    To accommodate the footwear and accessories retailer, PREIT said that 5,000 sq. ft. of retail space is being added to the mall. A 2013 opening for DSW is anticipated.

  • Panera to open South Hill Mall location

    Puyallup, Wash. -- Youngstown, Ohio-based Cafaro Co. said that Panera Bread will open a new bakery-café at its South Hill Mall property in Puyallup, Wash.

    The new Panera Bread, slated to open this fall, will occupy a 4,300-sq.-ft. building recently vacated by Krispy Kreme.

    The 1 million-sq.-ft. South Hill Mall is anchored by Target, Macy’s, J.C. Penney, Sears and Regal Cinemas, and features 120 specialty shops.
     

  • Loft sales help lift Ann Inc. profit 5%; 65 stores on tap for fiscal 2012

    New York -- Ann Inc.'s fiscal first-quarter net income increased a better-than-expected 5%, boosted by growing sales at its Loft division. The chain, which also operates Ann Taylor, said Friday that it earned $28.7 million in the three months through April 28, up from $27.3 million a year earlier.

  • Neiman Marcus, Walnut Creek, Calif.

    Neiman Marcus took full advantage of its Northern California locale in the design of its store in Walnut Creek, Calif. The interior finishes and materials draw from the rich colors of the surrounding landscape, and the space takes advantage of the famed California sunshine. The two-level store—the 42nd Neiman Marcus store to date—offers a fresh take on modern luxury shopping in a smaller format for the upscale retailer, featuring 85.870 sq. ft. of selling space. 

  • CBL acquires Dakota Square Mall

    Minot, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced it has acquired Dakota Square Mall in Minot, N.D.

    CBL acquired the property from the Lightstone Group.

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