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Department Store

  • Guess appoints Brooks Bros. veteran to board

    Los Angeles – The board of directors of Guess Inc. has appointed Joseph Gromek, increasing the number of directors to seven and bringing the total number of independent directors to five. Gromek will also serve on the Compensation and Nominating and Governance Committees of the board.

  • Abercrombie & Fitch taps Kohl’s exec as CFO

    New Albany, Ohio -- Abercrombie & Fitch Co. announced that Joanne C. Crevoiserat has been named executive VP and CFO of the company, a position she is expected to take up in May, 2014.

  • Coach to partner with Studio Sofield for new store concept

    Hong Kong -- Coach announced that it has retained Studio Sofield, led by designer and president William Sofield, as creative advisor in the development of the company's next generation retail concept.

    The new concept will be unveiled in fall 2014, with the company's 4,000-sq.-ft. flagship in Beverly Hills, Calif., followed by the Coach store at the Time Warner Center in New York City (5,335 sq. ft.).

  • Havertys sales drop in Q1

    Atlanta – Havertys reported a 2.5% drop in sales during the first quarter of fiscal 2014 compared to the same period in the prior year, falling to $181.4 million from $186.1 million. Same-store sales declined 0.9%.

    Clarence H. Smith, chairman, president and CEO of Havertys, said severe winter weather did not negatively impact all of Havertys locations.

  • Euclid: March retail performance lags year-over-year

    Santa Barbara, Calif. – Shopper activity rebounded in March 2014 from the prior month, but traffic and engagement lagged compared to March 2013. In-store retail analytics provider Euclid, released its monthly retail benchmarks report to analyze shopper activity and behavior during the month of March, measuring data from tens of millions of domestic shopping sessions.

  • Fashion house 'Len' renews at Minneapolis City Center

    Minneapolis — Twin Cities’ fashion retailer “Len” has renewed its lease at Minneapolis City Center with a seven-year commitment. The existing 7,196-sq.-ft. store is the retailer’s only downtown location following the consolidation of several brands and stores over the last six months. The chain operates five more locations in Minnesota and one in Illinois.

    Minneapolis City Center is the two-story retail portion of a 1.6 million mixed-use property owned by Shorenstein Properties LLC.

  • Checkpoint Systems releases new RFID label

    Orlando, Fla. -- Checkpoint Systems Inc. is releasing its new Zephyr 2 RFID label, which is certified by the University of Arkansas’ ARC Center for item-level tagging of all apparel categories in the U.S. and Europe. The Zephyr 2 RFID label design has an integrated UCode 7 chip from NXP Semiconductors, and comes with optimal read/write sensitivity for accurate counting and quicker encoding.  

  • Nordstrom Rack to open in Bakersfield, Calif.

    Seattle -- Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-sq-ft. store is scheduled to open in spring 2015.

    The new Nordstrom Rack will be the company's first location in Bakersfield.

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