Apparel

Shoe Carnival has picked a new executive for a key role in its omnichannel-oriented growth strategy which could involve accelerated expansion of a small format.

The retailer has named Jeff Fink as its senior vice president of real estate. Fink will oversee the Company’s store site selection and lease administration functions.

The majority of retailers are not doing a very good job when it comes to integrating online channels with brick-and-mortar stores.

What’s more, many retailers are not properly balancing their investment spend, sometimes investing more in online while neglecting their physical stores, which puts them in danger of losing market share.

Detroit -- X Team International, an international alliance of retail real estate advisors, announced that partner, Stokas Bieri Real Estate has negotiated two 10-year leases for Great Gatherings in Virginia and Maryland.

Leading off price retailer Ross Dress for Less has made good on its 2015 growth plans and reaffirmed its long-range targets for existing and newer formats.

On Monday, the company announced the opening of 19 Ross stores and seven dd’s Discounts stores across 14 different states in September and October. The new locations complete the retailer’s 2015 expansion plans to add a total of 90 stores during the year.

Shoe Carnival tapped Jeff Fink as senior VP real estate, effective Oct. 12. He will oversee the company’s store site selection and lease administration functions.

Fink joins Shoe Carnival with over 27 years of experience in the real estate industry focusing on footwear and specialty retail. Most recently, he worked for La-Z-Boy, as VP of real estate.

From 2003 to 2014, Fink worked for Jo-Ann Stores as senior VP, real estate and lease administration where he oversaw the addition of 366 stores totaling 2.8 million retail sq. ft.

Leading off price retailer Ross Dress for Less has made good on its 2015 growth plans and reaffirmed its long-range targets for existing and newer formats.

On Monday, the company announced the opening of 19 Ross stores and seven dd’s Discounts stores across 14 different states in September and October. The new locations complete the retailer’s  2015 expansion plans to add a total of 90 stores during the year.

Stadium Goods, an unusual new retail consignment concept dedicated to premium sneakers, launched on Monday with a multichannel format that includes a website and a flagship in New York City’s Soho neighborhood.

Both channels specialize in limited and special edition sneakers, and the type of exclusive, hard-to-find styles that sneaker enthusiasts (“sneakerheads”) are willing to shell out thousands of dollars for.

The two executives behind Curacao, a Los Angeles-based department store chain targeting Hispanics, have left the company to start a new retail brand called Star World.