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  • Sears Canada loss widens in Q2; looking for opportunities to refresh stores

    Toronto -- Sears Canada reported Wednesday a loss of $9.8 million in the second quarter, widened from a loss of $200,000 in the year-ago period.

    Revenue fell 8.5% to $1.050 billion, from $1.148 billion. Same-store sales dropped 7.1%.

    The retailer attributed much of the problem to warm, dry weather in many areas of Canada, which impacted sales of outdoor power equipment.

  • Former Walmart exec named CEO of Dots

    GLENWILLOW, Ohio — Fashion retailer Dots has named former Walmart SVP, Lisa Rhodes as its new CEO.

    Rhodes, who led Walmart's U.S. apparel merchandising division, has been charged with leading Dots’ march toward 1,000 stores.

    Prior to her role at Walmart, Rhodes was EVP and chief merchandising officer for Maurice’s.

  • Rock Hill Galleria, Rock Hill, S. C.

    Rock Hill Galleria has unveiled plans for a number of large-scale developments slated for the 470,000-sq.-ft. regional mall. 

    Entertainment destination Revolutions will open a 66,640-sq.-ft. location at Rock Hill Galleria, featuring 30 state-of-the-art bowling lanes, a lazer maze and arena, bumper cars, arcade, restaurant and bar, sports theatre, plus live music and dancing. Opening is anticipated for winter 2012.

  • Soma Intimates to open at Willow Grove Park

    Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Soma Intimates will open a 2,369-sq.-ft. store this fall at Will Grove Park, located in Willow Grove, Pa.

    Accessory boutique Laila Rowe will also open this fall, in a 1,181-sq.-ft. space.

    Willow Grove Park is a three-level, 1.2 million-sq.-ft. regional shopping mall anchored by Bloomingdale’s, Macy’s, Sears and Nordstrom Rack.
     

  • Two new tenants to open at Janss Marketplace

    Thousand Oaks, Calif. -- NewMark Merrill Cos. said that Sweet Tooth Dental Center and Dish Restaurant will open at Janss Marketplace, in Thousand Oaks, Calif., bringing the center to 97% occupancy.

    Dish Restaurant signed a 10-year lease for a 6,548-sq.-ft. space near Aaron Bros. and RadioShack. The new restaurant at Janss Marketplace, which is the second location for Dish, is slated to open in mid-Sept.

    Sweet Tooth Dental Center signed a five-year lease and has opened in a 2,613-sq.-ft. space near Dressbarn and Payless Shoe Source.

  • Citi Trends narrowed loss in Q2 but missed Street

    Savannah, Ga. -- Despite narrowing its loss in the second quarter from $10 million to $7.9 million this quarter, Citi Trends still missed Wall Street expectations.
     
    Revenue edged up 2% to $132.3 million, which also missed analysts’ forecast. Wall Street expected sales of $133.9 million.
     
    Same-store sales slipped 4%.
     

  • Spotlight on J.C. Penney

    All eyes are on J.C. Penney Co. as it rolls out the first wave of its branded shops to nearly 700 stores nationwide. 

  • Finish Line names Wal-Mart exec as senior VP store operations

    Indianapolis -- The Finish Line announced Wednesday it has named Greg Beidler as senior VP store operations for the chain.

    Beidler was previously regional operations director for Sam’s Club/Wal-Mart Corp., and has served in management roles for GameStop, Brown Shoe, Circuit City and Athlete’s Foot.

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