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Apparel

  • Express puts entire product line on its Facebook page

    New York City -- Express announced the enhanced option to shop and purchase its entire product line via the brand's Facebook page, which now includes over 837,000 friends. All inventory and pricing is consistent with web and mobile sites and updated seamlessly in real time. The page provides a new product zoom technology, secure check out and was developed internally by Express' e-commerce operations team lead by Jim Wright, senior VP CRM and e-commerce.

  • JoS. A. Bank taps FiftyOne to extend Internet channel overseas

    Hampstead, Md. -- JoS. A. Bank Clothiers is now allowing international customers to place orders on its website. The retailer is now able to deliver website orders to customers in over 90 countries. JoS. A. Bank will utilize a third-party provider, FiftyOne Global Ecommerce (“FiftyOne”), New York City, to facilitate the checkout of the orders and to export and deliver the orders to the international destinations.

  • Sears gives gloomy outlook ahead of annual meeting

    HOFFMAN ESTATES, Ill. -- Sears Holdings will host its annual meeting on May 4, and attendees present will likely want to know how the company plans to improve sales and return to profitability under the leadership of its new CEO, Lou D’Ambrosio.  

  • J.C. Penney completes new $1.25 billion credit facility

    Plano, Texas -- J. C. Penney Corp. has completed a new five-year $1.25 billion bank credit facility.

    The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the company's liquidity position. The facility may be used for general corporate purposes and will mature in April 2016.
     

  • Simon named to lease, manage and market Fox Run Mall

    Newington, N.H. -- Indianapolis-based Simon Property Group said it will assume leasing, management and marketing duties of the Fox Run Mall, located in Newington, N.H., effective May 15.

    The enclosed regional shopping center, built in February 1983, is anchored by Macy’s, J.C. Penney and Sears. Other tenants include Abercrombie & Fitch, Hollister, Express, Loft, Limited, Men’s Wearhouse, American Eagle Outfitters and Victoria’s Secret.

    The center totals 604,000 sq. ft. and is situated on nearly 70 acres.

  • Hudson’s Bay to test Home Outfitters concept in United States

    New York City -- Hudson’s Bay Co. will test its HBC’s Home Outfitters concept in the United States, opening two stores in New Jersey in late summer, The Globe and Mail reported.

    If successful, the company will further expand the home-goods concept, which will be called Lord & Taylor Home in the United States. (Hudson’s Bay and Lord & Taylor are owned by Purchase, N.Y.-based NRDC Equity Partners.)

  • JCPenney completes new $1.25 billion credit facility

    PLANO, Texas -- JCPenney has completed a new five-year $1.25 billion bank credit facility.

    The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the company's liquidity position. The facility may be used for general corporate purposes and will mature in April 2016.

  • HomeGoods, Petco to open at Granada Hills

    Granada Hills, Calif. -- Jacksonville, Fla.-based Regency Centers announced that it has leased nearly 39,000 sq. ft. of retail space in Granada Hills, Calif., at Granada Village to two additional anchors, HomeGoods and Petco.

    HomeGoods has leased 27,500 sq. ft. and is slated to open in spring 2012. This is the first store in the market for this home furnishings retailer with the next closest location eight miles away.

    Petco is scheduled to open in 11,350 sq. ft. this fall.

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