Department Store

Woodbridge, N.J. -- Fameco Real Estate announced that Platypus Custom Home Furnishings has signed a 5,005-sq.-ft. lease at the Streets of Chester, in Chester, N.J. 

The Streets of Chester is a 104,682-sq.-ft. lifestyle center tenanted by Chico’s, White House Black Market, Coldwater Creek and the Gap.

This newest location is Platypus’s fifth.
 

Philadelphia -- Metro Commercial Real Estate said that Athleta has opened its first store in the Philadelphia area at 1722 Walnut Street in the heart of Center City. 

The 4,000-sq.-ft. store, which is a division of Gap Inc., opened on Nov. 9. Kaiserman Cos. is the landlord of 1722 Walnut Street, a strip of high-end retail along Philadelphia’s Rittenhouse Row.
 

Minneapolis -- Target Corp. has promoted Casey Carl to the new position of president of multichannel, and to senior VP, merchandising, effective immediately.

Carl, 36, who joined Target in 1997, and most recently served as senior VP hardlines and as a co-lead on Target’s multichannel steering committee.

In his new role, he will oversee Target's mobile, social and Target.com and continue to lead the company's entertainment, toys, sporting goods and electronics business.

The holiday season is about to get underway with what is expected to be the single greatest spending orgy in the history of commerce with more than $20 billion spent on Black Friday compared with $19.3 billion last year, according to MasterCard Advisors SpendingPulse.

Columbus, Ohio -- DSW Inc. reported Tuesday that net income increased to $53.7 million in the third quarter, up from $35.5 million a year earlier.

Sales rose 8.5% to $530.7 million, from $489.3 million. Same-store sales increased 5.2%.

The shoe retailer cited strong boot sales for the performance surge. “We are confident in our strategies and continue to expect fiscal 2011 to represent a strong year of growth, and as a result we have increased our annual guidance," said Mike MacDonald president and CEO.
 

Menomonee Falls, Wis. -- Kohl’s Corp. was recognized with its third Green Power Partner of the Year Award by the U.S. Environmental Protection Agency, the U.S. Department of Energy and the Center for Resource Solutions. The chain is the first retailer to be named Partner of the Year for three consecutive years.

Savannah, Ga. -- Citi Trends reported Tuesday a loss of $6.8 million in the third quarter, compared with a loss of $0.4 million a year earlier.

Sales increased 2.2% to $143.1 million, from $140 million. Same-store sales decreased 9.3%.

The company opened 26 stores, relocated or expanded four others and closed one store in the third quarter.
 

San Francisco -- Gensler has been selected to refurbish Wilkes Bashford, an upscale men’s and women’s clothing store in San Francisco. The project will involve a top-to-bottom renovation of the iconic, seven-level store.