Skip to main content

Department Store

  • Fitch: Sears, Claire’s among chains at risk for bankruptcy

    In its new study of retail bankruptcies, Fitch Ratings identified seven retailers as being “at risk” for filing bankruptcy in the next year to 24 months.  

  • More retailers close their doors on Thanksgiving

    In line with Staples, more retailers are choosing to turkey over Thanksgiving Day sales.    Retailers across a variety of categories — from club stores and discount chains to department stores — are letting “their employees enjoy the holiday with their families instead of staffing the cash registers” on Thanksgiving, according to a story in the Sun Herald.  

  • A speedy exit for Stein Mart CEO

    There is a leadership change underway at Stein Mart.   Dawn Robertson resigned from her position of CEO and company direc-tor. D. Hunt Hawkins, the chain’s president and COO, has been named interim CEO.  

  • JLL to handle leasing for Woodmore Town Centre

    JLL has been selected to manage retail leasing for Woodmore Towne Center in Glenarden, Maryland, which is being expanded into a 245-acre mixed-use development.   Under construction at the location east of Washington D.C. off the Capital Beltway are 1,100 residential units, two hotels, and a million sq. ft. of office space. Expansion of the retail space, which has drawn Nordstrom Rack to the center, will bring it to a total of 800,000 sq. ft.  

  • Bankston joins Levin as VP of property management

    Gilbert Bankston, who’s managed shopping centers for both Simon Properties and General Growth Properties joined Levin Management as VP of property management.   Ten of his 13 years in commercial property management were spent at GGP, where Bankston rose to senior general manager with a focus on maximizing net operating income. At Levin, he is charged with delivering best-in-class service in property management and maintaining positive tenant-landlord relationships.  

  • American Eagle names new executive VP, CFO

    American Eagle continues to strengthen its management team to further drive its growth.   Bob Madore has been appointed executive VP and CFO, starting Oct. 28. In his new role, Madore will oversee all aspects of finance, merchandise planning and allocation, and investor relations. He will report to American Eagle’s CEO Jay Schottenstein.  

  • Gap veteran fills top marketing spot at Old Navy

    Who says you can’t go home again?   Certainly not Gap Inc., which appointed Jamie Gersch as the senior VP, chief marketing officer of its Old Navy banner, reported adage.com. She replaces Ivan Wicksteed, who left the company in March. She will come aboard at the end of October.  

  • Washington, D.C.-area mall to get mixed-use makeover

    Forest City Realty Trust has announced the completion of an agreement with Arlington County, Virginia, to transform Ballston Common Mall in a mixed-use project to be renamed Ballston Quarter.   The public-private partnership will open up the existing enclosed mall, create a public plaza in the space, and add a 406-residence residential tower adjacent to the retail center. The plan also calls for infrastructure improvements including a renovated pedestrian bridge and new landscaping  
X
This ad will auto-close in 10 seconds