Department Store

10 Corso Como, the eternally cool Milanese retailer, is coming to the Big Apple.   The Howard Hughes Corp, announced that the Milan-based retailer will open its first U.S. store in the Seaport District of lower Manhattan as part of the development’s ongoing transformation.    

Collaboration is key when it comes to seamlessly creating private-label apparel to sell across branded stores and department store partners.   In effort to streamline information sharing across product development processes, GANT is deploying a product lifecycle management (PLM) solution that promises to improve its product-hit rate, shorten lead times, and enhance margins.  

Pier I Imports is on the hunt for a new chief executive.   The home décor retailer said that its board of directors had  “mutually agreed” with Alex W. Smith that he will step down as president, CEO and a board member, effective Dec. 31, 2016. Pier I’s board is working with Korn Ferry to find a new CEO.  

Kimco Realty Corp. has purchased the remaining 85% interest in a four-property joint venture portfolio, a deal that includes the assumption of $103 million in mortgage debt. The company also announced it had acquired a Whole Foods-anchored center in the D.C. area for $95 million.  

U.K. retailer Topshop will debut more than a new fashion line at London’s Fashion Week.    The British fashion brand and Nordstrom teamed up to launch a co-branded emoji keyboard app that features fashion and lifestyle emojis, stickers and GIFs resembling actual Topshop product sold at Nordstrom.   

Pacific Sunwear of California Inc. has won court approval to exit Chapter 11 bankruptcy.   The chain’s reorganization plan was approved by the court on Tuesday. Under the plan, the chain will give all its stock to affiliates of private equity firm Golden Gate Capital, its senior lender.   

Target Corp. is putting out the red carpet for the opening of New York Fashion Week.     The retailer, in partnership with IMG, the parent company behind Fashion Week, opened a temporary sing-a-long piano lounge at The Park at Moynihan Station (on West 33rd Street), one of the official NYFW venues. It kicked off the fashion event with an opening party that drew such luminaries as Queen Latifah, Christie Brinkley, and Kendall Jenner.  

Kohl’s comprehensive omnichannel distribution network is about to get even bigger.   The department store chain is preparing to open a new distribution center in Plainfield, Ind., just in time to manage the 2017 holiday season.