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Department Store

  • Off-price fashion retailer to join St. Georges Crossing

    Woodbridge, N.J. -- Levin Management announced that T.J.Maxx has joined St. Georges Crossing in Woodbridge, New Jersey. The 23,000 sq. ft. free-standing T.J.Maxx store will anchor the fully leased, 340,000 sq. ft. shopping center.

    St. Georges Crossing is located at the intersection of Routes 1 & 9 and 35. The center includes a mix of retail, restaurant and service tenants: ShopRite, P.C. Richard & Son, PetSmart and Pier 1 Imports, Golf Galaxy, AutoZone, Bertucci’s and Wine Country.

  • Getting Physical

    The emphasis on omnichannel commerce has largely laid to rest (at least for now) the debate of online versus offline. Indeed, A.T. Kearney put it best in the title of a recent study, “On Solid Ground: Brick and Mortar is the Foundation of Omnichannel Retailing.”

  • Meijer treads lightly with Skechers expansion

    Six months after opening a Skechers concept shop, Meijer is taking the next step in what appears to be a more ambitious rollout of the branded shop to additional footwear departments.

  • Discount chain comes out of the basement - online

    There may not be a return of the annual “Running of the Brides” sales event, but a legendary discount retailer is back in business. Filene’s Basement has launched an e-commerce site that combines its traditional bargains with new omnichannel features.

  • Walmart, Starbucks join global initiative for renewable energy

    Nine large U.S. companies on Wednesday committed themselves to achieving a major sustainability goal — and three of them are retailers.

    Walmart, Starbucks and Nike are among the firms joining RE100, a global initiative led by The Climate Group to engage, support and showcase influential businesses committed to 100% renewable electricity. Other firms joining the campaign include Goldman Sachs, Johnson & Johnson, Procter & Gamble, Salesforce, Steelcase, Voya Financial.

  • J.C. Penney names new chief merchant

    Veteran J.C. Penney merchant John Tighe has been elevated to fill the role of executive VP and chief merchant held by Liz Sweney who is retiring.

    The change, announced Sept. 23, was effective immediately. Tighe and Sweeney joined the company in 2002 and 2000, respectively, and Sweney served as chief merchant since March 2012. She will remain with the company in an advisory role through year end.

  • Neiman Marcus Q4 loss narrows; details remodeling plans

    Neiman Marcus reported modest sales and a reduced loss for fourth quarter as it eyes an initial public stock offering and a bright omnichannel future.

    Neiman Marcus posted a net loss of $32.9 million for the fourth quarter, compared to a net loss of $42.1 million in the year ago period.

    Revenues at the company’s 43 full-line department stores and 42 Last Call off-price stores increased 4.9% to $1.17 billion. Same-store sales increased 1.9% for the fourth quarter ended Aug. 1.

  • 1.2 million-sq.-ft. mixed-use project one-month out from opening

    Cincinnati -- Steiner + Associates and Bucksbaum Retail Properties released the names of 24 additional retailers to join super-regional, mixed-use Liberty Center in Cincinnati, which is scheduled for a grand opening on Oct. 22.

    The 64 acre, 1.2 million sq. ft. Liberty Center is located at the junction of the Liberty Way Interchange at I-75 and SR 129 in Cincinnati. The project includes more than 800,000 sq. ft. of retail, restaurants and entertainment, 75,000 sq. ft. of office space, 240 luxury apartments and the 130-key hotel.

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