Skip to main content

Department Store

  • Collective Brands swings to Q2 profit

    Topeka, Kan. -- Collective Brands Inc. reported Friday that net income for the second quarter was $9.7 million, compared with a loss of  $35 million last year when it booked nearly $84 million in one-time charges.

    Sales for the owner of Payless ShoeSource and Stride Rite grew 6% to $886 million and same-store sales rose 2.9%.
     

  • Saks, Facebook, Express, Kate Spade New York execs named to Shop.org board

    Washington, D.C. -- Shop.org, the digital division of the National Retail Federation, on Tuesday announced the addition of new executives to its board of directors and welcomed back three incumbents.

  • Francesca's Q2 profit doubles; CEO to retire

    Houston -- Francesca's Holdings Corp. said Tuesday that net income for the quarter ended July 28 topped expectations by nearly doubling to $12.7 million, from $5.5 million in the same quarter last year. Sales leaped nearly 50% to $25.1 million, and same-store sales surged $20.7%.

    The company said it is on track to open 76 stores and one outlet this fiscal year, two of them in the third quarter.

  • 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.

  • Macy’s Herald Square renovation debuts Herald Square Café

    New York -- As part of its landmark, multi-year, $400 million dollar renovation of Macy’s Herald Square, the department store retailer debuts the Herald Square Café this week.

    Located on the second floor with the shoe department, the 1,434-sq.-ft., 45,-seat café will serve Starbucks coffees, chocolates and high-end champagnes.

  • Nordstrom to open two full-line stores

    Seattle -- Nordstrom said Tuesday it will open two new full-line stores – one in Jacksonville, Fla., and the other in Woodlands, Texas.
     
    The Florida store will open at St. Johns Town Center, a Simon Property and Ben Carter-owned shopping center. The 124,000-sq.-ft. store will be two levels and is expected to open in fall 2014.

  • Francesca’s to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group said that Francesca’s Collections has leased 1,200 sq. ft. at Delray Marketplace, located in Delray Beach, Fla. 

    The center will open November 2012 and will be anchored by Publix and Franks Theatre/Imax. The 264,823-sq.-ft. Delray Marketplace is owned by KRG Atlantic Delray Beach, LLC. Other tenants include ROC, White House | Black Market, Apricot Lane, Bobby Chan, Jos. A. Banks, Charming Charlie and Chico’s.

X
This ad will auto-close in 10 seconds