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  • Market Street – The Woodlands welcomes Kate Spade and others

    Fort Worth — Market Street – The Woodlands, a mixed-use project north of Houston is welcoming four new tenants. Kate Spade will open a 1,907-sq.-ft. designer fashion store this fall. Also coming this fall are two more clothing stores: a 2,500-sq.-ft. Lucky Brand and a 3,719-sq.-ft. Vineyard Vines.

    Just two weeks ago, Tumi opened a travel, business and lifestyle accessories shop.

  • Sears Holdings to improve omni-channel distribution operations

    Hoffman Estates, Ill. -- Sears Holdings has selected HighJump Software, a global provider of supply chain management software, to help the company manage its distribution network.

  • Sears Holdings to improve omnichannel distribution operations

    Sears Holdings has selected HighJump Software, a global provider of supply chain management software, to help the company manage its distribution network. 

    The retailer will implement the HighJump Supply Chain Advantage warehouse management system as well as HighJump solutions for yard and labor management across its North American distribution network, which includes 41 distribution centers that cover more than 40 million sq. ft., 106 market delivery operation sites for cross docking appliances and integrated retail fulfillment from select stores for online purchases.

  • Morris-Floyd acquires Amarillo’s Wolflin Village

    New York -- Morris-Floyd Capital Partners has acquired the 159,861-sq.-ft. Wolflin Village shopping center in Amarillo, Texas. Anchored by Talbot’s, Office Depot and Shepler’s Boots’n Jeans, the center ranks as Morris-Floyd’s ninth acquisition. CBRE represented the seller, Dunhill Partners, which acquired the property in 2009 from Weingarten Realty Investors www.weingarten.com.

    The center is 97% leased

  • Delia’s names for J. Crew executive as operations head

    New York -- Tween apparel retailer Delia’s has hired Daphne Smith as the company’s executive VP operations, reporting to CEO Tracy Gardner.

    Smith was previously with J. Crew for 16 years, working in various roles including senior VP of direct. She has spent the past 18 months at New York & Company as the company’s senior VP e-commerce.

     

  • Target to expand online beauty footprint with DermStore acquisition

    Minneapolis -- Target Corp. announced plans to acquire online beauty retailer DermStore for an undisclosed sum.

    The move will allow Target to further tap into the online beauty market, as well as continue its trend toward acquiring specialty businesses to ramp up its presence in various niche markets. In March, Target announced its acquisition of Chefs Catalog and Cooking.com in two separate transactions to create a subsidiary.

  • Michael Kors looking good in Q1

    Global luxury lifestyle brand Michael Kors Holdings Limited had an exceptional fiscal 2014 first quarter ended June 29 with a total revenue of $641 million, a 54.5% increase from $414.9 million in the first quarter of fiscal 2013.

    Retail net sales increased 51.5% to $325.7 million driven by a 27.3% increase in comparable store sales and 75 net new store openings since the end of the first quarter of fiscal 2013. Wholesale net sales increased 59.3% to $290.6 million and licensing revenue increased 40.7% to $24.6 million.

  • Amazon.com tops Temkin Web Experience Ratings

    Waban, Mass. – Amazon.com was the top-ranked company across 19 industries in the 2013 Web Experience Ratings from Temkin Group. Amazon.com had a score of 77%, almost 21 percentage points higher than the retail industry average.

    Other retailers in the top 10 included eBay, tied for fifth place at 70%, and QVC, tied for eighth place at 69%. Taco Bell and Kmart earned ratings that were at least 15 points below the retail industry average. Old Navy was the only retailer to have a double-digit score increase from last year.

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