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Department Store

  • Mall officials, ICSC respond to terror threat

    New York -- The Secretary of Homeland Security, Jeh Johnson, warned shoppers at shopping centers to be vigilant after a terror group called for attacks at shopping venues in Canada, the U.K. and the United States, mentioning by name the Mall of America, in Bloomington, Minnesota.

    "I'm not telling people to not go to the mall," Johnson said Sunday on NBC's Meet The Press. "I think that there needs to be an awareness."

  • Sears/Kmart: We’re still in business, growing?

    Sears Holdings continues to lose money –- lots of it –- and same store sales declined again during the holidays, but the severity of the company’s losses have diminished, which has Chairman and CEO Edward Lampert believing further improvement is coming as the company transforms to what he calls “a leading integrated membership-focused company.”  
  • Report: Ann Inc. looking to sell

    Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.

    The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

  • Report: Ann Inc. working with JPMorgan on sale

    New York – Ann Inc., parent of Ann Taylor and Loft. is reportedly working with financial firm JPMorgan Chase & Co. on a potential sale. According to Bloomberg, the $1.6 billion Ann Inc. has spoken with other retail chains and at least two buyout firms and a private equity firm.

  • Report: Ann Inc. looking to sell

    Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.

    The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

  • Uptown Village at Cedar Hill to undergo multi-million-dollar renovation

    Cedar Hill, Texas -- Trademark Property Co., the operating partner for Uptown Village at Cedar Hill, has announced a multi-million dollar renovation of the 610,000-sq.-ft. shopping center in Cedar Hill, Texas; the redo includes a re-brand, enhanced entrances, upgraded landscaping, common area improvements, a new children’s play area, new amenities for adults and children, and new signage throughout the property.

    In addition, Trademark is working with several prospective junior anchors to add to the merchandising mix.
     

  • Belk omnichannel Santa promotion a big success

    Charlotte, N.C. – Nothing succeeds like success, and 300-plus-store department store chain Belk Inc. took a previously successful TV holiday campaign and modernized it for the omnichannel era, with impressive results.

  • Report: Ann Inc. looking to sell

    Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.

    The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

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