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Apparel

  • Nordstrom debuts service-focused store with no inventory

    As retailers consider how to best use their physical spaces in a digital world, Nordstrom is going "local," debuting a small-format retail concept that offers all sorts of personal services, but has no dedicated inventory.   
  • rue 21's reorganization plan gets court OK

    rue21 has cleared a significant hurdle in its effort to move forward after declaring bankruptcy.   
  • Women’s apparel retailer accepts mobile payments from Chinese shoppers

    Rebecca Minkoff is making it easier for Chinese customers to purchase from the brand.   Through a partnership with Chinese online payment provider Alipay, upscale apparel retailer now enables Chinese shoppers to use their Alipay Mobile Wallet to make purchases at any United States-based Rebecca Minkoff store, or while shopping online. The mobile wallet is accepted in all Rebecca Minkoff stores located in New York, Chicago, San Francisco and Los Angeles.  
  • Muji continues U.S. store expansion

    A Japanese lifestyle brand with a devoted following has opened an outpost in one of New York City's most hip neighborhoods that will serve as a model for future expansion.    Muji has opened a 7,300-sq.-ft. store in the Williamsburg section of Brooklyn. It is the retailer’s seventh store in the greater New York City area. In addition to New York, Muji has six locations in California, one in New Jersey and one in Boston. It plans to add more U.S. stores next year.  
  • Gymboree to exit bankruptcy

    Children’s apparel retailer Gymboree Corp is exiting Chapter 11 bankruptcy as a going concern.   The children's apparel retailer won court approval to exit bankruptcy with a reorganization plan that includes a comprehensive recapitalization that will eliminate about $1 billion in debt. It expects to complete its financial restructuring process and emerge from Chapter 11 by the end of the month.  
  • PREIT sells Altoona mall for $33 million

    PREIT, which has long been pursuing a strategy of unloading underperforming malls from its portfolio, announced it has sold the Logan Valley Mall for $33.2 million net of credits issued to the buyer. The new owner’s identity was not released.   The Altoona, Pennsylvania, mall -- anchored by Macy's, J.C. Penney and Sears -- had been turning in sales-per-square-foot of $324 versus an average of $475 for the rest of the PREIT portfolio.  
  • Destination Maternity CEO out; Q2 sales slide

    Destination Maternity is looking for a new chief executive.   The struggling maternity apparel retailer said that Anthony M. Romano is stepping down as president, CEO and board member as part of a mutual agreement, effective Sept. 7. Romano has served in the role since 2014, and, prior to that, was president and CEO of Charming Shoppes. His departure follows the recent termination of an agreement for Destination Maternity to be acquired by France's Orchestra-Prémaman.  
  • Former NRF exec joins Aptos as retail strategist

    Aptos has tapped an industry veteran to assist retailers on their transformation journeys.   The retail technology solution provider has named Vicki Cantrell as its retail transformation officer. In this newly created position, she will oversee Aptos functions for business consulting and strategy, value engineering, and strategic account management. Cantrell will also leverage her retail background to advise and support Aptos customers as they reinvent their businesses for omnichannel growth, profitability and customer loyalty.
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