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Apparel

  • Sears Canada closing stores, cutting jobs as part of restructuring

    Sears Canada is looking to reinvent itself.    The long-struggling department store retailer said it expects to close 59 of its 225 stores and cut 2,900 of its approximately 17,000 workers as part of its restructuring. Sears Canada filed for protection from its creditors under Canada's Companies' Creditors Arrangement Act, the equivalent of Chapter 11 bankruptcy, on Thursday.    
  • Supermarket retailer is top rated retail CEO

    The chief executive of a regional supermarket chain ranks among the nation's highest-rated CEOs.   Charles C. Butt, CEO of H-E-B, based in Austin, Texas, was the only retail chief executive to crack the top 20 of Glassdoor's annual Employee Choice Awards, which honor the 100 highest rated CEOs of large companies across the United States. Butt ranked #16. (The number one position was held by Benno Dorer, CEO of Clorox.)   
  • Specialty athletic retailer turns in mixed performance

    The Finish Line met earnings estimates for its first quarter amid sales that were less than expected.    The retailer reported net income of $8.1 million. Adjusted earnings per share came in at $0.23, in  line with analysts' expectations.    Consolidated net sales inched down 0.1% to $429.8 million in the quarter ended May 27. Same-store sales decreased 1.1%. Same-store sales at Finish Line in-store shops at Macy’s 13.6%.  
  • Tenants fill new Publix center in North Carolina

    The Southeast’s leading grocery chain will be opening a new center in the state where it has its least exposure, and leasing activity is brisk.   Broker La Purser & Associates reported the signing of four tenants at a planned Publix-anchored center in Harrisburg, North Carolina. Smoothie King, Sports Clips, Avalon Spa & Nails, and dental office have committed to the 67,200-sq.-ft. Harris Square, set to open in 2018.  
  • Apparel retailer using social media to enhance product development

    When Chico’s FAS wanted to put the “customer’s voice” into the merchandise it designs, it took a bold step — and tapped social media.   
  • Indochino, West Edmonton Mall, Edmonton, Alberta

    Indochino's recently opened showroom at West Edmonton Mall showcases the omnichannel brand's stylish approach to customized menswear apparel.   The 3,200-sq.-ft. space features eye-catching graphics, both on the exterior and interior, along with video screens that convey the brand's message of offering a “luxury tailoring experience without the high price tag.”   
  • Social network giant improves visual search engine

    Pinterest is giving its image-based search engine an upgrade.   Pinterest introduced Lens in February. Since then, users have been pointing their mobile cameras at objects they see out in the real world, from apparel and accessories to decor, and Lens serves up similar styles or related information on their mobile device’s screen.   
  • Online menswear company in U.S. store expansion

    Made-to-measure menswear brand Indochino continues its expansion from the Web into physical retail.       
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