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Department Store

  • DSW names exec appointments to support strategic growth

    Columbus, Ohio -- DSW announced Tuesday that it has named Roger Rawlins senior VP and general manager of DSW.com, and has named Jennie Wilson to the position of senior VP of finance and controller of the company.

    According to the shoe retailer, both appointments are designed to support long-term strategic growth initiatives for the company.

  • Kohl's completes deal with Capital One

    MENOMONEE FALLS, Wis. -- Kohl’s Department Stores announced the completion of its private-label credit card portfolio transfer to Capital One Financial Corporation, effective as of April 1, 2011. Capital One has acquired the more than 20 million existing Kohl’s Charge accounts and through the seven-year agreement will offer private-label credit cards to new and existing Kohl’s customers.

  • Developers Diversified receives five MAXI awards

    Beachwood, Ohio -- Developers Diversified Realty Corp. said that it earned one MAXI Gold and four MAXI Silver awards for shopping center marketing and management programs at the International Council of Shopping Centers' Fusion Conference in Hollywood, Calif.

    In the Sales Promotions and Events category, a MAXI Gold was awarded to the 25 on the 25th event at Deer Park Town Center in Chicago. The center developed a wine-tasting promotion to showcase a local merchant and encourage shoppers to explore the center.

  • Food Network Star launches home line with Sears

    NEW YORK — TV star, entrepreneur and bestselling author Sandra Lee has entered into a direct-to-retail license agreement with Sears Holdings for home products. The exclusive collection of home products, Sandra by Sandra Lee, will be available in Sears and Kmart stores in spring 2012. The initial launch of the collection will include cookware, utensils, gadgets, bakeware, small kitchen appliances and tabletop items. 

  • Macy's Lundgren pay package down 8%

    New York City -- Macy's CEO Terry Lundgren’s compensation package dipped 8% in 2010 to nearly $11.8 million, according to an analysis by The Associated Press.

    Lundgren received a salary of $1.5 million in 2010, the same as the year before. The stock awards he received were valued at $3.6 million when they were granted, about a 50% rise over what he received the year before, according to a Securities and Exchange Commission filing.

  • Yoga By Degrees and Smashburger to open at Rice Lake Square

    Wheaton, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Yoga By Degrees and Smashburger recently signed leases at Rice Lake Square in Wheaton, Ill., a western suburb of Chicago.

    The independently owned yoga studio is slated to open this spring in 4,598 sq. ft. of space. Denver-based Smashburger, a privately held gourmet burger chain, leased 2,200 sq. ft. of space, with plans to open this summer.

    Rice Lake Square is a 251,313-sq.-ft. shopping center anchored by Whole Foods, Stein Mart, Borders and PetSmart.

  • See who's on top of this year's most reputable companies list

    NEW YORK -- A good reputation -- whether warranted or not -- can do a lot for a company's bottom line. So those companies that found themselves at the top of Forbes' most reputable companies list have much to celebrate.

  • Kohl’s completes credit-card portfolio transfer to Capital One

    Menomonee Falls, Wis. -- Kohl’s Department Stores said Tuesday it has completed the transfer of its private-label credit-card portfolio to Capital One Financial Corp., effective April 1.

    Capital One has acquired the more than 20 million existing Kohl’s Charge accounts and through the seven-year agreement will offer private-label credit cards to new and existing Kohl’s customers. According to the department store retailer, the credit-card business accounted for more than 50% of Kohl’s sales in 2010.

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