Department Store

Is there an archetypal Las Vegas shopping center? How about Miracle Mile Shops at Planet Hollywood Resort & Casino in Las Vegas?

“A Las Vegas shopping center should feature a range of shopping, entertainment and dining options that appeal to the wide audience the city attracts,” said David Edelstein, co-owner of Miracle Mile Shops.

“The stores should stay open late and bars and restaurants even later,” he continued. “Always keep an eye on trends and what shoppers are responding to.”

VERNON, Calif. — True Religion Apparel has appointed David Conn as CEO. He will be joined by a new leadership team that, together with the company’s new owner, TowerBrook Capital Partners L.P., will be charged with guiding the company into its next phase of growth.

Conn joins from VF Corporation and has leadership experience in brand management and marketing in the apparel and footwear industries. Prior to his time as president of VF Retail Licensed Brands, Conn served as EVP of the Iconix Brand Group.

Target’s second quarter just ended and if the dourest of back-to-school spending forecasts proves correct the company’s expectations for same-store sale growth in the range of 2% to 3% could prove optimistic and its third quarter outlook could come under pressure.

Back-to-school season is underway in Canada and for Target, which opened its first stores in Canada earlier this year, the stakes could not be higher.

The Woodlands, Texas – Conn’s Inc. is opening a Conn’s HomePlus store in Phoenix. The location marks the specialty chain’s second store in the Phoenix metro market and third store in Arizona.

Conn’s operates 72 retail locations, with 58 in Texas, six in Louisiana, three in each Arizona and Oklahoma, and two in New Mexico.

Chicago — Sleepy’s has signed into two Chicagoland shopping centers as part of the mattress chain’s expansion in the mid-west.

According to Mid-America Asset Management Inc. www.midamericagrp.com, which handles leasing for both centers, Sleepy’s has taken 6,075 sq. ft. at Cicero Annex in Chicago and 6,507 sq. ft. at Willow Creek Center in Glenview. The Chicago location plans to open this summer; the Glenview store opened recently.

New York -- CIT Group Inc., the largest commercial lender in the U.S. apparel industry, has stopped supporting deliveries from smaller manufacturers to J.C. Penney stores, the New York Post reported on Wednesday.

The reason for the crackdown could not be immediately confirmed, the report said, but insiders speculated that CIT got nervous after getting a peek at Penney’s financials.

Englewood, Colo. -- Sports Authority has named Stephen Binkley, formerly senior VP of merchandising and softlines, as its new chief merchandising officer. He replaces Greg Waters, formerly executive VP, chief merchant and chief marketing officer, who has decided to leave the company after 24 years to pursue personal interests.

During his tenure at Sports Authority, Waters held several leadership roles.