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Apparel

  • Bankruptcy bid date set for Hancock Fabric

    New York City-based RCS Real Estate Advisors has announced a bid deadline of June 16, 2016 for the remaining available leases of retailer Hancock Fabrics.
     
    RCS began the process of selling the retailer's leases following Hancock Fabrics' February bankruptcy announcement. Hancock Fabrics operated 250 retail stores in 37 states when it filed for Chapter 11 bankruptcy protection on Feb. 2, 2016. Spence Mehl, senior VP of RCS, made the announcement.
     

  • Study: Improving economy helps some retail verticals

    Consumers are being choosy about where they are spending extra money that is becoming available with the end of the recession.
     
    According to a new study from Mintel, more than two in five (44%) Americans describe their financial situations as "healthy" in 2016, compared to 37% in 2015 and 33% in 2013, indicating that improvements in the economy are being felt at a household level. However, different retail categories are receiving the benefit more than others.
     

  • Baker Katz redevelops Texas center

    Houston-based Baker Katz has redeveloped and fully leased a retail site in Beaumont, Texas.
     
    Baker Katz principal Kenneth Katz made the announcement.
     
    Baker Katz completely redeveloped the site, beginning with demolishing the previous building with an end plan to create five new spaces for retail tenants. Starbucks, Mattress One and Wingstop will occupy the 6,100-sq.-ft. building. T-Mobile and Access Dental will each have 2,800-sq.-ft. in the second building. There is a new H-E-B located immediately east of the property.
     

  • Familiar face returns to Under Armour

    A veteran creative executive is coming back to Under Armour in a new role, following a short hiatus.
     
    Dave Dombrow, former Under Armour senior VP, creative footwear and accessories, will return to the brand as chief design officer, beginning Aug. 1, 2016. In his newly created role as chief design officer, Dombrow will guide the design of Under Armour's entire collection of footwear, apparel and accessories.

  • Study: The ins and outs of online shopping

    E-commerce is generally popular with consumers, but some offerings are better received than others.
     
    According to the Walker Sands 2016 Future of Retail Study, based on a survey of more than 1,400 U.S. respondents, most consumers shop online with some level of frequency. Forty percent shop online once or more a month, 21% one- to two-times a week, and 7% three or more times a week. This means that about two-thirds (68%) shop online at least monthly, while only 4% shop online one- to three-times a year.
     

  • Another retail CFO moves on

    Another day, another finance chief at a well-known retailer is leaving.

    Jane Hamilton Nielsen, CFO at Coach Inc., will be departing the company to pursue another opportunity. In order to facilitate a smooth transition, Nielsen is expected to stay into August 2016. The company is commencing a search for her permanent successor with Crist Kolder Associates. Andrea Shaw Resnick, global head of investor relations and corporate communications, will be appointed interim CFO until a permanent appointment is made.

  • KTGY aids South Bay Pavilion expansion

    The SouthBay Pavilion Center in Carson, California, is getting a little bigger.
     
    KTGY Architecture + Planning has unveiled the design for Vintage Real Estate’s retailer expansion at SouthBay Pavilion, a 1.2 million-sq.-ft. enclosed shopping center.  KTGY adapted Forever 21’s F21 RED brand for the new SouthBay Pavilion store, which includes large floor-to-ceiling display window boxes, textured wall treatments and red metal panels.
     

  • DSW takes personalization to new level

    Shoe shoppers know how individual fit can be, and footwear chain DSW Inc. is trying to be as accommodating as possible.
     
    DSW is partnering with 3D footwear printing specialist Feetz to create custom fit, sustainably made shoes. Feetz uses a combination of 3D printer technology and human craftspeople to make new pairs of shoes in hours and designed software to custom fit shoe designs to consumers’ feet.
     

  • Bebe launches new global growth initiative

    Bebe Stores Inc. is building upon efforts to turn itself around and boost its international presence.
     
    The specialty apparel retailer, which launched a China growth plan in 2015, has entered into a joint venture with Bluestar Alliance LLC to license its brand domestically and globally. Bebe has received $35 million in connection with the formation of the joint venture.
     

  • Familiar name leads retailers in brand value

    An organization that has taken the retail world by storm in the past several years just earned another accolade.
     
    According to the 2016 BrandZ Top 100 Most Valuable Global Brands ranking released by WPP and Millward Brown, Amazon.com has become the World's Most Valuable Global Retail Brand
     

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