Department Store

One of the strongest performing retailers in the past few years will be getting a new CEO in January.

The company announced that current CEO and Chairman Carol Meyrowitz will step down and be succeeded by Ernie Herrman, 54, who will retain his current title as president of the company.

Charlotte, N.C. -- EDENS announced that J.Crew Mercantile will be joining Park Road Shopping Center located in Charlotte, North Carolina. This location will be the first in the Charlotte market and is expected to open in early 2016.

J.Crew launched J.Crew Mercantile earlier this year, featuring a collection of value-driven merchandise with the brand's classic signature style.

Another day, another social network makes it easier for consumers to purchase goods without leaving a retailer’s social page.

Pinterest is adding three major new e-commerce platforms and a whole bunch of retailers to its existing “Buyable Pins” feature.

After a false start and years of delays, American Dream Meadowlands, the sprawling retail/ entertainment mega center planned for East Rutherford, New Jersey, is finally taking shape under the reins of new owners Triple Five Corp.

Miami -- Federal Realty Investment Trust, along with partners Grass River Property and The Comras Company, acquired 85% interest in The Shops at Sunset Place -- a 515,000 sq. ft. mixed-use center in South Miami, Florida for $110 million.

The transaction includes the assumption of an existing $70.8 million mortgage with an interest rate of 5.6% and maturity date of September 2020.

Citing favorable market conditions and a desire to “de-risk” its pension plan, nearly 14,000 participants in J.C. Penney’s retirement plan opted to receive lump sum payments.

Whatever you have planned for Saturday, Oct. 10, specialty apparel retailer Ross Dress for Less will probably be busier.

The Ross Stores Inc. banner is opening six new stores, including three in a new market, as well as relocating a store.

British retailer John Lewis has opened one of its largest department stores ever, in the just-opened Grand Central shopping center in Birmingham.

The four-level, 250,000-sq.-ft. department store has a strikingly contemporary design and features several new services and concepts, including a new fashion and lifestyle department, loved&found, and the first John Lewis-branded spa, &Beauty. There is also a market stall-styled food offering, The Place to Eat.