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  • Report: British retailer plans U.S. expansion

    New York City -- British footwear and apparel retailer L.K. Bennett plans to open 30 to 40 stores in the United States during the next three to five years, Women’s Wear Daily reported.

    The company will open its first U.S. stores this spring, with British footwear and apparel retailer L.K. Bennett plans to open 30 to 40 stores in the United States during the next three to five years, Women’s Wear Daily reported.locations in Chicago and Atlanta.

  • CBL malls in the Midwest give back through National Random Acts of Kindness Week

    Chattanooga, Tenn.-based CBL & Associates Properties said that eleven of its malls in the Midwestern U.S. handed out 6,000 gifts during National Random Acts of Kindness week, Feb. 14-20.

    The program is designed to give back to the community and support local nonprofit groups.

  • Survey: Gas prices impacting spending

    New York City -- Shoppers plan to wait until next year and beyond to spend generously again, a survey on Monday showed, in an early sign that rising gasoline prices could make the spring selling season tough for retailers, Reuters reported.

    About three-quarters of Americans surveyed by America's Research Group said they were shopping less due to rising gas prices, with more than 62% of the participants planning to spend generously only next year or beyond.

  • Casual Male Q4 profit up 49.9%, adding 10 to 14 DXL superstores

    Canton, Mass. -- Casual Male Retail Group reported net income of $5.3 million for its fourth quarter, up from $3.6 million in the year ago period. The retailer also said it will expand its superstore format, Destination XL, with 10 to 14 new stores due to open this year.

    Sales for the quarter ended Jan. 29 were up 0.7% to $111.5 million, from $110.7 million a year ago. Same-store sales rose 2.9%.

  • Jo-Ann shareholders approve merger

    New York City -- Shareholders of Jo-Ann Stores on Friday approved a $1.6 billion merger with an affiliate of Leonard Green & Partners.

    Of all the shares that were voted, more than 99% were in favor of the agreement. Those in favor of the pact represented 82 of outstanding shares. The company expects the deal to close Friday.

    The company will be delisted from the New York Stock Exchange.

  • Starbucks, Lowe’s and Target contribute to Japan relief effort

    Minneapolis -- Starbucks, Lowe’s and Target are among the U.S. retail chains donating money to the relief effort that is assisting victims of the earthquake and tsunami in Japan.

    The Starbucks Foundation and Starbucks Coffee Japan will contribute approximately $1.2 million) to aid immediate humanitarian and relief efforts. 

  • Report: Men’s Wearhouse to remodel 100 plus stores in 2011

    New York City -- Men’s Wearhouse will remodel more than 100 stores and open 20 to 30 new locations this year, Women’s Wear Daily reported.

    This marks a big increase from last year, when 35 stores were remodeled, the report said.

  • Stone Market makes U.S. retail debut

    Hollywood, Calif. -- International gem designer, manufacturer and retailer, Stone Market has opened its first U.S. location, at Hollywood & Highland Center, Hollywood, Calif.

    The 319-sq.-ft. shop offers a collection of stylish jewelry, featuring gem and natural stones and silver accessories. Stone Market operates more than 100 retail outlets in Japan.

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