Department Store

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LITTLE ROCK, Ark. — Alexa Latimer Dillard, wife of Dillard's founder, the late William Dillard, has passed away.

Born in Nashville, Arkansas on Oct. 30, 1916, Alexa Latimer married William T. Dillard on June 9, 1940. Dillard was known for her quick wit and eye for great merchandise, but more importantly for her unmatched devotion to her family, according to the company. 

 

 

NEW YORK -- Retailing Today's sister publication, Chain Store Age has awarded Simons, Canada’s eclectic and fashion-forward department store retailer, top honors in its 31st annual Retail Store of the Year design competition. The company’s 118,000-sq.-ft. store in West Edmonton Mall, Edmonton, Canada, was named Store of the Year. Designed by figure3, Toronto, Simons also was the winning entry in the department store category.

New York -- Britain’s Topshop is planning on increasing its U.S. presence. The fashion chain plans to open 10 additional stores in the United Stores over the next two years, according to the New York Daily News.
   
There are currently four U.S. Topshop stores, with the most recent being a flagship at The Grove in Los Angeles. The 25,000-sq.-ft. store carries the retailer's full range, including its Topman brand for men.

 

NEW YORK — Build-A-Bear CEO Maxine Clark has joined the Foot Locker board of directors. 

Clark founded Build-A-Bear Workshop in 1997.  She has extensive experience in the retail industry, having also served as president of Payless ShoeSource Inc. and for 19 years as an executive of The May Department Stores Company.

Miami Beach, Fla. -- Electric vehicle charging company Car Charging Group said Wednesday that former Wal-Mart Stores president and CEO Bill Fields has been appointed to its board of directors.

Retail veteran Fields has also led Blockbuster Entertainment Group as its chairman and CEO and also served in the same capacity at Hudson’s Bay Co.

 

Las Vegas -- MGM Resorts International CEO Jim Murren said Wednesday that the company is considering selling parts of its $8.5 billion CityCenter project on the Las Vegas Strip, including the Crystals Mall.

The sell-off would be a move to reduce CityCenter’s $1.85 billion in debt, which has been paid down from $2.5 billion last year.

CityCenter also houses the 4,000 Arai hotel casino which, said Mullen, is not part of any potential sale.

New York -- As shares of his company reached an all-time high, fashion designer and retailer Michael Kors will sell 3 million of his shares as part of a secondary offering of 25 million shares, according to a Tuesday regulatory filing.

Kors' ownership in Michael Kors Holdings Inc. will fall to about 4.8 million shares, or 2.4%, down from 3.9% after the sale.