Apparel

Demand for shares of Ollie’s Bargain Outlet is such that the retailer has increased the size of a secondary offering.

Oklahoma City -- GBT Realty Corp. announced the acquisition of 30 acres in Oklahoma City, Oklahoma. The site was purchased in January for $2.95 million. The company broke ground on development of the first phase of the $50 million The Market at Czech Hall, a 450,000-sq. ft. regional neighborhood center last week.

Phase one includes the construction of 180,000-sq. ft. of retail, along with seven outparcels. The first tenant expected to open fall 2016.

Increased expenses and shrinking margins hurt Nordstrom profitability in the fourth quarter, but the leading department store and off-price retailer delivered on the e-commerce front.

Nordstrom said sales for the fourth quarter increased 5.2% to $4.1 billion and same store sales increased 1%. The company’s full price stores and Nordstrom.com grew sales 0.7% and same stores sales increased 0.2%. However, the growth was largely driven by Nordstrom.com sales which increased 11% and offset a 3.2% decline at physical stores.

Macy’s and Shaun White have joined forces to create a new and exclusive menswear line that reflects White’s adrenaline-pumping, eclectic style.

The Gold Medal snowboarder and skateboarder has ended his eight-year partnership with Target and will launch a new collection, called WHT SPACE, at Macy's. The collection will consist of fashion-forward staples that are highly wearable and capture the faster sides of White’s style. The limited-time collection will be available in approximately 175 Macy’s stores and on macys.com in mid-June.

The nation’s top Internet retailer is also tops in corporate reputation.

The VF Corp. is adding some heavy duty retail expertise to its board of directors.

Jo-Ann Fabric and Craft Stores has added some human resources heft to its executive ranks.

National Harbor, Md. -- JLL announced that it has been retained by MGM Resorts International to lease the luxury retail promenade in its newest development, MGM National Harbor located in Prince George’s County, Maryland. MGM National Harbor will encompass 308 hotel rooms, a 125,000-sq.-ft. casino, 12 world-class food and beverage venues, a 27,000-sq.-ft. spa, a 3,000-seat theater and 18,000 sq. ft. of high-end luxury retail space expected to open in fourth quarter 2016.