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Department Store

  • Levi’s, New York City

    Levi’s latest New York City location, in SoHo, has a rustic feel, enhanced by the use of wood and other materials. Designed by MBH Architects, the 12,683-sq. ft. store features tent-like dressing rooms and lighting fixtures made of rope. The "fit bar" is a table made of natural wood logs.

     

  • Uniqlo parent records 17% leap in Q1 profit

    New York -- Fast Retailing Co., parent to the Uniqlo chain, reported Thursday that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units.

    On Wednesday, the company announced that Uniqlo will continue its U.S. expansion strategy by opening two new mall locations in New York.

    The company has raised its annual profit forecast.

     

  • Urban Outfitters reports holiday sales

    Philadelphia -- Urban Outfitters Inc.  said Thursday its same-stores sales for the holiday season rose 9%, including its direct-to-consumer business. Excluding that unit, same-store sales fell 1%.

    Total company net sales for November and December increased 15% to $666 million.

    Among Urban Outfitters’ brands, comparable sales increased 33% at Free People, 10% at Urban Outfitters and 5% at Anthropologie. Direct-to-consumer net sales increased by 38% for the period and wholesale segment net sales increased 21%.

  • Holiday sales soft for some parts of Ascena

    SUFFERN, N.Y. — Ascena Retail Group reported a lower than expected 2% decline in same store sales at physical stores for the November and December holiday period, but managed a 30% increase in online sales.

    Combined comparable store and e-commerce sales for the holiday period ended December 29, 2012 increased 1%, prompting Ascena to lower earnings per share guidance for its current fiscal year ending July 27.

  • J.C. Penney selects Microsoft Office 365 to elevate service, communications

    Redmond, Wash. -- Microsoft announced that J.C. Penney is rolling out Microsoft Office 365 as part of its effort to simplify and modernize technology solutions.

  • Report: Congressmen say Wal-Mart CEO was aware of Mexico bribery

    New York -- According to multiple reports on Thursday, congressmen Henry Waxman (D-Rep., Calif.) and Elijah Cummings (D-Rep. Md.) have said that Wal-Mart Stores CEO Mike Duke and other senior-level officials at the retailer were informed about allegations of bribery in the retailer’s operations in Mexico in 2005.

    The two congressmen cited documentation obtained by their staffs, which discussed allegations of corruption regarding a store in Teotihuacan.

  • Modell’s restructures merchandising division

    New York -- Modell’s Sporting Goods said Wednesday it has named Charles Castaneda chief merchandising officer for the chain, a promotion from his current position of EVP planning and allocations.

    The company has also moved Jay O’Brien from general merchandising manager of footwear to general merchandising manager of sporting goods, to succeed the recently departed Bill Hackett.  

    Jeff Schaffer has been promoted to general merchandising manager of footwear.

     

  • CBL acquires interest in Kirkwood Mall

    Bismarck, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced Thursday that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.

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