Department Store

New York -- Dallas-based SRS Real Estate Partners said that Select Comfort Corp., which operates the Sleep Number Store, has leased several new locations in and around New York City.

In Danbury, Conn., the company leased 2,580 sq. ft. at the Shops at Marcus Dairy, an 80,000-sq.-ft. shopping center tenanted by Whole Foods, Eastern Mountain Sports and Panera Bread.

Chicago -- AWE Talisman and Macerich announced Monday that Fashion Outlets of Chicago will open on August 1 in Rosemont, Ill., featuring Bloomingdale's The Outlet Store, Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th and 120 additional brands.

The two-level, 530,000-sq.-ft. outlet mall is the first fully enclosed, multi-level property with this level of amenities in the Chicago area in more than two decades, according to both companies.

Suffern, N.Y. -- Ascena Retail Group reported Monday that adjusted net income for the quarter ended Jan. 26 dropped to $42.9 million, compared with $63.7 million in the year-ago period, due in large part to expenses associated with the company’s acquisition of Charming Shoppes.

Sales soared 44% to $1.2 billion from $862 million, driven by the added Lane Bryant and Catherine’s banners. Same-store sales dipped 1%.

Dallas -- Tuesday Morning Corp. announced Monday that it has named Michael Rouleau as its interim CEO, effective immediately.

Rouleau, who served as president and CEO of Michaels Stores from 1996 to 2006, joined Tuesday Morning’s board last November. He will lead the clearance retailer until it hires a permanent CEO.

St. Petersburg, Fla. -- The Sembler Co. announced Monday that it is redeveloping its Park 66 shopping center, located in St. Petersburg, Fla., and owned by the company since 1970.

A Wal-Mart Neighborhood Market is being added to the property as part of the redevelopment – slated to open fall 2013 – and other tenants are being relocated.
 

DALLAS — Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

In his role as interim CEO, Rouleau will manage the company's day-to-day operations through the retention of a new CEO. He will continue to serve on the company's board of directors, which he joined in November 2012.

Mississauga, Ontario -- Target announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus. The three pilot stores are the first Target locations to open in Canada, and the first of 124 Target stores that will open across the country throughout 2013.
 

New York -- A Friday report by Reuters revealed that J.C. Penney CEO Ron Johnson was well aware that the retailer’s deal with Martha Stewart would step on Macy’s toes, but testified in court that the company decided to move forward anyway.

Attorneys for Macy’s in New York state court on Friday presented Johnson with an email he sent to a Penney board member saying that Stewart would have to break her agreement with Macy’s if Johnson was going to “pull off” a deal with her.