Apparel

A timely acquisition helped Coach Inc.’s post a sales gain in the second quarter — its first quarterly increase in 10 quarters.

The handbag and accessories retailer’s total sales increased 4.0% in the quarter ended December 26, to $1.27 billion, up from $1.22 billion in the year ago period.

Oakbrook Terrace, Illinois -- Mid-America Real Estate Corporation’s Investment Sales team brokered the sale of Broadway Commons in Rochester, Minnesota. Austin, Texas-based Epic Real Estate Partners purchased the 140,578-sq. ft. property.

Broadway Commons is located at the northeast corner of South Broadway and US Highway 52. The center features national tenants including Bed Bath & Beyond, Dress Barn, DSW, Famous Footwear and Michael’s.

It looks like the proverbial fat lady has sung for Dov Charney, the founder and ousted CEO of the troubled American Apparel.

On Monday, Judge Brendan L. Shannon of the Bankruptcy Court in Delaware approved a plan backed by a majority of the company’s bondholders. The plan would take American Apparel private and hand nearly full control to its largest lenders.

Welcome to Star World, a new retail format that combines brick-and-mortar and e-commerce — with Latino sensitivity.

The 30,000-sq.-ft. store combines a streamlined environment with a high-tech business model that digitally extends its aisles into the warehouses of its suppliers via interactive in-store kiosks. Shoppers can make purchases via the kiosks, which connect directly to vendors.

Photo: Marvin Ellison, CEO, J.C. Penney

Troutdale, Ore. -- Time Equities announced the expansion of its Northwest portfolio with the acquisition of Columbia Gorge Premium Outlets, located in Troutdale, Oregon for $28,425,000.

E-commerce retailers might think new customers acquired during the holiday season are a gift, but they many not keep on giving.

Amazon.com is getting its nose out of books and consumer electronics and into a more fashionable merchandise area.

According to Re/Code, Amazon now offers more than 30 million apparel and accessory items for sale – which totals more than all the products sold at 250 Walmart supercenter stores.

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