Apparel

The CFO of Gap Inc. is leaving the company after serving in the role for nearly a decade.   The retailer announced that executive VP and CFO Sabrina Simmons is leaving. She will remain through the end of the company’s 2016 fiscal year, "ensuring a seamless transition over the coming months."  

Grocery-anchored center specialist Phillips Edison has announced the acquisition of two more centers, making it three for the week.   It purchased the 257,979-sq.-ft. Southern Palms in Tempe, Arizona, which is anchored by the fresh format grocer Sprouts and also houses Planet Fitness, Firehouse Subs, Sally Beauty, and West Marine Products.  

Four years of construction in Miami’s Brickell financial district culminates on Thursday with the opening of a three-level, open-air retail center featuring the return of Saks Fifth Avenue to the city after a 30-year absence.  

In addition to posting, liking and commenting on photos, Instagram users now can also purchase from their favorite brands.   Starting Tuesday, Nov. 1, the mobile-driven social site added shoppable tags on photos from 20 retail brands, including Kate Spade, Warby Parker and JackThreads, among others — a move that will enable consumers to learn more about the items they view within an Instagram post, and even make a purchase.   

Under Armour has brought its “brand house” interactive store format to Boston, opening a location at the Prudential Center.   With nearly 19,000-sq.-ft. of retail space across two floors, the store delivers an immersive, engaging brand experience enhanced by state-of-the-art digital displays designed to both inform and inspire.   

The hits keep on coming for the embattled American Apparel Inc., which is reportedly on the brink of its second bankruptcy filing in less than two years.   

Finish Line Inc. is searching for a buyer for its JackRabbit chain of running-shoe stores, Bloomberg reported.  

Knot Standard is trying on brick-and-mortar.    The online seller of custom menswear will open its first store-in-store concept on Nov. 3, at Bloomingdale's Manhattan flagship on 59th Street.    Knot Standard, which promises customers 100% creative control, uses 3D technology to allow customers to digitally design and visualize hundreds of fabric options to create their own unique custom garments on a large in-store touch-screen or on any iPad, prior to purchase.