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Department Store

  • Canada’s Holt Renfrew expanding and remodeling chain

    Toronto -- Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga. The store, planned at approximately 120,000 sq.-ft., is part of the company's aggressive growth plan, which will result in a 40% expansion of the total square footage of Holt Renfrew's network.

    In addition to the new Square One site, a number of Holt Renfrew stores will be renovated and expanded, with some completely rebuilt.

  • Simon and Mitsubishi Estate open Shisui Premium Outlets in Japan

    Indianapolis -- Simon Property Group announced today that, in partnership with Mitsubishi Estate Co., Ltd., it has opened Shisui Premium Outlets (Shisui Town, Inba District, Chiba Prefecture), the ninth Premium Outlet Center in Japan.

  • Macy’s tapping into customer creativity for new ad

    NEW YORK — Macy’s is turning to its customers for its next commercial, the retailer’s first national crowd-sourced spot created in celebration of America by Americans. 

  • J.C. Penney selling Martha Stewart-designed goods while court battle rages

    New York -- A Monday report by Reuters said that J.C. Penney has begun selling the Martha Stewart “JCP Everyday” lines of home goods, without waiting for a decision from the New York court.

    According to Reuters, Penney general merchandise manager Paul Rutenis testified in New York State Supreme Court on Monday that "as of today, those products are on the floor and online."

  • Francesca's names PetSmart, Spanx execs to board

    Houston -- Francesca's Holdings Corp. said Friday it has appointed Laurie Ann Goldman and Joseph O'Leary to its board of directors, effective April 17.

    Goldman is CEO of shapewear brand Spanx. Earlier in her career, she held marketing positions at R.H. Macy and Maison Blanche Stores.    

    O'Leary is EVP merchandising, marketing, supply chain and strategic planning for PetSmart.

     

  • JCP rehires company veteran, scores latest court victory

    NEW YORK — The revolving door continues to turn at Penney with the news that Ron Johnson-appointee Nick Wooster, SVP of product and design is out while company veteran Ken Mangone has returned to the fold. 

    Mangone, who left Penney last December after 35 years with the company, is returning to his previous post as EVP of product development, design and sourcing. His return is one of new CEO Myron Ullman’s first major moves in personnel.

  • Two more executives exit J.C. Penney

    New York -- J.C. Penney announced Thursday that its COO Michael Kramer has resigned, along with chief talent officer Daniel Walker – bringing Penney’s April executive casualty number to five. Both resignations had been previously reported.

    Kramer’s resignation was disclosed via a Securities and Exchange filing. He walked away with a $2+ million cash payment.

    The two latest resignations follow CEO Ron Johnson’s departure last week, along with product development lead Nick Wooster and marketing VP Sissie Twiggs.

  • Kramer out as JCP COO

    J.C. Penney late Thursday announced that chief operating officer Michael W. Kramer had left the company.

    His departure was disclosed in an 8-K filing with the Securities and Exchange Commission. In connection with Kramer’s departure, he received a lump sum cash payment of $2,143,414. In addition, the company also disclosed that Daniel Walker had resigned as the company’s chief talent officer.

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