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  • The 25 people shaping retail’s future are…

    A 12-year-old CEO is among the 25 individuals named to the National Retail Foundation’s 2017 List of People Shaping Retail’s Future.    Mikaila Ulmer, founder and CEO of Me & The Bees Lemonade http://gala.nrf.com/the-list-2017#MIKAILA-ULMER, is the youngest of the list’s honorees, all of whom will be recognized at the NRF Foundation Gala on January 15 during the NRF Big Show in New York City.  
  • Saks Off 5th to enter new market

    Saks Fifth Avenue Off 5th will open its first location in Montreal, at CF Galeries d’Anjou. The approximately 30,000-sq.-ft. store will open this summer.   “We have now announced four locations across Quebec and we look forward to bringing the Off 5th experience to these areas, said Jonathan Greller, president, Saks Off 5th and Gilt.    CF Galeries d’Anjou is managed by Cadillac Fairview, and jointly owned by Cadillac Fairview and Ivanhoé Cambridge.  
  • When it comes to overstoring, China’s the champ

    U.S. real estate developers and brokers coping with epic changes in the retail landscape can take some solace from the fact that, when it comes to overstoring, America’s got nothing on China.   A list of cities with the most shopping center space under construction from CBRE Research had Chinese cities occupying 11 of the top 12 spots, led by Chongqing with 39.8 million sq. ft. being built. Shenzhen (38.7 million) and Chengdu (37.6 million) weren’t far behind.  
  • Tech to the Rescue

    Tech solutions helping secure safety of customers, employees

    Retailers have been making investments in technology for years, mainly as a means of improving the customer experience. However, as more shocking incidents, such as active shootings, take place at retail malls, new technology investments focus on solutions that ward off violence.

  • Northeastern Exposure

    Packed and bursting with opportunities

    Ground-up projects are hard to come by here, but shopping center innovation and new retailers are not

    Density and diversity. The two D’s. That, in short, is what sums up the Northeast market for retailers. It’s the place where chains with national expansion plans or new formats to test need to be.

  • Finding a New Outlet

    New retailers and new consumers (read: millennials) are discovering value retail, and that means more outlet centers in more locales in more different configurations.

  • Coach taps former Saks exec as new finance head

    Coach announced the appointment of Kevin G. Wills as CFO, effective no later than March 2017.   Wills joins the upscale specialty retailer from AlixPartners LLP, a global business advisory firm, where he has served as managing director and CFO since March 2014.    
  • Iconix Brand unloads Sharper Image

    Iconix Brand Group has sold the rights to the Sharper Image brand and related intellectual property assets to the company that recently bought FAO Schwarz from Toys “R” Us.      Iconix sold Sharper Image to ThreeSixty Group, which manufactures and distributes toys and other consumer products to stores nationwide, for $100 million in cash. ThreeSixty is also Sharper Image’s largest licensee.   
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