Department Store

A week after reporting disappointing sales growth for the second quarter, Kohl’s launching another exclusive celebrity fashion collection that aims to appeal to the millennial shopper.

New York – Organized crime groups targeting retail have a new opponent. Multiple retailers and law enforcement agencies across multiple locations and jurisdictions are banding together to form the Retail Organized Crime Coalition (ROCC).

The ROCC, which will officially launch and introduce its members at the Retail Fraud – New York conference on Sept. 24, will combat chronic retail organized crime through case referrals, education and the distribution of timely intelligence.

Menomonee Falls, Wis. – Jonas Prising, CEO of staffing firm ManpowerGroup, has joined the board of directors of Kohl’s Corp. Prising will initially serve on the board of directors' Governance and Nominating Committee.

Prising has been elected to a term expiring at Kohl's 2016 annual shareholders meeting and will be eligible for re-election by Kohl's shareholders at that time.
 

“Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

For many, the concept of an outlet mall is associated with not only appealing deals on name-brand products, but also with driving long distances to get to the far-flung locations where outlets have traditionally been located.
 

Bexley, Ohio -- Stanbery Development said it has named former Jos. A. Bank exec Stephen E. Gallant as director of construction and tenant coordination as it returns to active development of shopping centers. Gallant's experience includes responsibility for numerous retail design concepts as well as associated rollouts of new stores ranging from 850 sq. ft. to 250,000 sq. ft. Most recently, Gallant managed real estate portfolios and retail tenant construction projects for Skye Group and The Stanchion Group, respectively. As VP of facilities management for Jos. A.

New York – Teen girls are known for being social, and they are staying true to form for the back-to-school season. According to a study of 1.035 teen girls by Teen Vogue and the International Council of Shopping Centers (ICSC), 75% of respondents will use their smartphone to seek out back-to-school inspirations and ideas.

Philadelphia – Although net income at Urban Outfitters Inc. slightly slipped in the second quarter of fiscal 2016 compared to the same period a year earlier, it still beat Wall Street expectations. Net income totaled $66.84 million, down 1% from $67.5 million.

Plano, Texas -- While it’s way too early to start popping the champagne, J.C. Penney Co. has to be pleased about its second quarter financial results, which topped analysts expectations and suggested that the company’s turnaround is in progress.