Apparel

Los Angeles’s Broadway Theater District was the first such entertainment strip to be listed on the National Register of Historic Places. Is the famed alley of theater palaces now poised to make retail history?  

The month of June brought a welcome bit of news for beleaguered Gap Inc.   The company reported that net sales for the five-week period ended July 2, 2016 increased 2% to $1.57 billion.   “We are pleased to see better performance across the portfolio this month, partly driven by an improvement in June traffic trends, particularly at Old Navy,” said Sabrina Simmons, CFO, Gap Inc.  

Alex Cesar, who had been running JLL’s retail department in Brazil, has been hired by RKF to head up its Miami office.   “Alex will be a crucial driver of our expansion in South Florida and will strengthen the bridge between the Latin American and U.S. retail markets,” said RKF CEO Robert Futterman in announcing the move.  

Target Corp. is tapping into its consumer base, including kids, to stay on an upward trajectory.

As consumers continue shifting to mobile-only shopping experiences this summer, retailers have a greater need than ever for an e-commerce platform that delivers responsive, consistent experiences across any given device or channel.

Wilder Companies executives have an image upgrade in mind for the Nod Brook Mall in Avon, Connecticut, a 100,000-sq.-ft. open shopping center they bought this week. The affluent bedroom community outside Hartford boasts an average household income of almost $160,000, according to Wilder, which will recast the center as The Shops at Nod Brook.  

With nearly 1,300 locations spread across 34 states, Ross Dress for Less makes the claim that it is the nation’s largest off-price apparel and home fashion chain. With a mass grand opening of 24 more stores set for July, the chain clearly intends to hold on to that distinction.   New Ross locations will spring up in 14 states, with Wisconsin hosting four of them -- in Brown River, Onalaska, Racine, and West Green Bay.   

An influx of restaurants and entertainment concepts is changing the look of shopping centers nationwide and altering the role these centers play in their communities. It is a trend Retail Properties of America has seen play out firsthand as owner and operator of 192 retail properties encompassing nearly 30 million sq. ft.