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Department Store

  • Loehmann’s taps e-commerce expert as brand looks to relaunch as online company

    New York -- Off-price retailer Loehmann's announced that Jeffrey Cripe is joining the Loehmann's advisory board, as the company builds its online marketplace. Founded in 1921, the company closed its brick-and-mortar stores after its bankruptcy in 2013. Now under new ownership, the brand is being expanded online.

  • H&M to open its largest store ever in N.Y.

    H&M is making a big statement in Manhattan.

    The Swedish fast fashion retailer will open its largest store in the world, in Manhattan’s Herald Center, on May 20.

  • Gordon Brothers, Hilco start closing Simply Fashion and Dots stores

    Boston -- Gordon Brothers Group and Hilco Merchant Resources announced that they will begin going-out-of-business sales at Simply Fashion and Dots retail locations nationwide beginning May 7.

  • HRC Advisory names Farla Efros president

    Chicago -- HRC Advisory, a strategic retail advisory firm and unit of Hilco Global, announced that it has promoted Farla Efros, an accomplished retailing and merchandising strategist, to the position of president. She will continue to report to Antony Karabus, CEO of HRC Advisory.  

  • Big Shopping Centers in joint venture partnership with Red Development

    Phoenix -- Big Shopping Centers USA and Red Development have announced a joint venture partnership to maximize market presence and performance of select U.S. retail properties in the Midwest and West. The alliance seeks to acquire established, first-tier community, lifestyle and power centers with strong tenant line-ups and sales figures that are well positioned in markets throughout the United States.

  • Kohl's expands 'shop online, pick up in-store' service

    Kohl's shoppers have responded so well to store pickup for online orders that the retailer is rolling out the service to all 1,164 of its stores in the United States.

  • Stein Mart grows same store sales again

    Stein Mart says customers responded very positively to its spring assortment, boosting same store sales for the chain up nearly 5%.

    The Florida-based company, which is planning an aggressive expansion plan for 2015, says total sales for the quarter increased 7.5%.

    "We are very pleased with the response our customers are having to our spring assortment," said Jay Stein, Chief Executive Officer. "Our first quarter 4.8 percent comparable store sales increase continues the trend we saw at the end of last year and is a great way to start the year."

  • Saks’ Off 5th enters Canada with three store locations

    Toronto -- Saks Fifth Avenue Off 5th has announced its first three store locations in Canada as it prepares to enter the Canadian marketplace next year.

    The retailer will open stores in Tanger Outlets, Kanata (a suburb of Ottawa); Outlet Collection at Niagara, Niagara-on-the-Lake; and Vaughan Mills, Vaughan (just north of Toronto) in spring 2016. The three stores are the first of up to 25 locations that Saks Fifth Avenue Off 5th plans to open nationwide.

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