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Apparel

  • High-end retailers give Beverly Center the nod

    Los Angeles -- A round-up of new additions to Los Angeles shopping destination Beverly Center have further elevated the shopping experience at the Bloomingdales- and Macy’s-anchored center.

     

    Uniqlo opened on Oct. 10, introducing a Los Angeles flagship for the fast-fashion retailer in 30,000 sq. ft. of space that is the largest storefront in the Uniqlo portfolio.

     

  • The Villagio at Cinco Ranch lifestyle center changes hands

    Houston -- Marcus & Millichap announced the sale of The Villagio at Cinco Ranch, an 111,963-sq.-ft. lifestyle shopping center in Katy, Texas. The asset had a list price of $31,290,000; however, the terms of the sale of were not released.   Derek Hargrove, senior associate, and Justin Miller, vice president investments, had the exclusive listing to market the property on behalf of the seller, The Marcel Group.    
  • BH Properties names chief acquisition officer

    Los Angeles -- BH Properties has announced the hire of Andrew Van Tuyle as chief acquisition officer. In this role, Van Tuyle will be responsible for the firm’s property and debt acquisitions throughout the Southwest.  
  • UGG debuts high-tech concept store in Washington, D.C. area

    Goleta, Calif. -- UGG parent company Deckers Brands announced the grand opening of its first-ever UGG Australia technology-driven concept store, located in the Washington, D.C. metropolitan area.    
  • Nielsen survey: More than half of shoppers plan to participate in Cyber Monday

    New York -- According to Nielsen’s 2014 Holiday Retail Sales Forecast, nearly 25% of consumers polled had already started their holiday shopping in September. However, Black Friday and Cyber Monday are still relevant, as 52% of respondents in a just released Black Friday/Cyber Monday survey stated that they plan to venture into stores on Black Friday and 55% of respondents stated that they plan to fire up their computers for Cyber Monday. 
  • TechBytes: Five Cool Ways Zappos Ensures Disruption and Innovation

    I recently had the opportunity to visit the funky Las Vegas headquarters of online footwear/apparel/accessories retailer Zappos.com. Zappos is generally regarded as one of the most customer-friendly retailers around, and after seeing how things work behind the scenes I can attest this reputation is well deserved. Here are five cool ways Zappos uses corporate culture and innovation to disrupt the customer experience and behind-the-scenes operations.  
  • Black Friday behavior, according to the sexes

    When it comes to getting a great deal, Black Friday and Cyber Monday are big shopping days for consumers. But according to new research from Nielsen, men and women have different shopping behaviors on these two retail holidays.

  • Dillard’s well-positioned for holidays

    A third quarter same store sales decline of 1% at Dillard’s wasn’t enough to dissuade CEO William Dillard, II, from declaring the company is very well positioned for the holidays.

    Total merchandise sales also declined 1% to $1.42 billion while net incomes increased to $55.2 million, or $1.30 a share, compared to $50.9 million, or $1.13 a share. The third quarter earnings per share benefited from a one time gain of $3.8 million, or nine cents a share, related to the sale of a store location.

  • Grommet to go brick-and-mortar for holidays

    The Grommet is partnering with a store in Boston to launch a “pop-in” shop on Nov. 20 as part of an effort to bridge the gap between e-commerce and brick-and-mortar stores.

    With so many consumers on the hunt for unique holiday gifts, the Grommet said it wants shoppers to be able to touch, test and purchase the company’s offerings. The “pop-in” Grommet shop will be located within Boston boutique Michelle Willey and be open from Nov. 20 through the end of December.

  • JCPenney narrows loss, sales unexpectedly fall

    Plano, Texas -– Amid restrained consumer spending and warmer weather that dulled sales of seasonal merchandise, JCPenney Co. Inc. managed to shrink its third quarter net loss more than Wall Street expected in the third quarter of fiscal 2014, but missed projections with weaker-than-expected net sales.  
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