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Department Store

  • Dillard's names VP real estate

    LITTLE ROCK, Ark. — Dillard's has named Chris Johnson as the company's VP real estate. Johnson, who has served as the Dillard's VP accounting since 2006, will assume the role following the retirement of James Cherry, Jr. in December.

  • Sears narrows loss in Q2; Lampert stock buy sends shares upward

    Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday a loss of $132 million for the second quarter, tightened from a loss of $146 million in the year-ago period. Sales dropped 6.6% to $9.47 billion and same-store sales declined as well, by 2.9% at U.S. Sears stores and by 4.7% at its Kmart units.

  • Report: Hudson’s Bay planning IPO

    New York -- Hudson’s Bay Co., owner of the Lord & Taylor and The Bay chains, plans to file for an initial public offering, according to The New York Times.

    A listing, which is expected to be on the Toronto Stock Exchange, could come this fall, before the end of November, the report said, with as much as 20% of the company being sold to the public.
     

  • Retalix acquires Cornell Mayo Associates

    Dallas -- Retalix Ltd., a leading global provider of software and services for high-volume, high-complexity retailers, announced that it has acquired Cornell Mayo Associates, a leading provider of store systems serving top tier department stores and large specialty retailers.

  • Kohl’s expands electrical vehicle charging station program to 18 more stores

    Menomonee Falls, Wis. -- Kohl’s Department Stores will expand its electric vehicle charging station initiative with 36 new stations across 18 additional Kohl’s locations by the end of fall 2012.

  • Kohl's electrifies green efforts with more charging stations

    MENOMONEE FALLS, Wis. — Kohl’s reaffirmed its green reputation with the announcement that it will expand its electric vehicle (EV) charging station initiative with 36 new stations across 18 additional Kohl’s locations by the end of fall 2012. The expansion spans three new states, including Illinois, Indiana and Wisconsin and adds additional locations to the company’s Texas EV program. With the expansion, Kohl’s shoppers will be able to take advantage of a total of 101 charging stations at 52 Kohl’s locations across 14 states.

  • Divaris completes eight retail leases in central Virginia

    Virginia Beach, Va. -- Divaris Real Estate said that the company completed eight lease transactions totaling more than 81,000 sq. ft. of retail space in central Virginia.

    Children’s Museum of Richmond leased 26,060 sq. ft. of retail space in the Divaris-leased Winterpock Crossing Shopping Center, located in Midlothian, Va.

    K&G Menswear signed a lease for 22,888 sq. ft. of retail space in White Oak Village, located in Richmond and owned by Forest City Commercial Group.

  • Gordmans names former Safeway exec to HR post

    Omaha, Neb. -- Midwestern department store retailer Gordmans said that it has named Roger Glenn as senior VP human resources.

    Glenn joins Gordmans from Safeway, where he served as group VP for human resources and handled recruitment, employee relations, human resources planning and diversity.

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