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Department Store

  • Sears leases two mall stores to Primark

    Hoffman Estates, Ill. –  As part of a 2014 announcement in which Sears Holdings Corp. said it had entered into lease agreements with European fashion retailer Primark for seven standalone stores in the Northeastern United States, the retailer said that two of these seven locations will be at Danbury Fair in Danbury, Connecticut; and Freehold Raceway Mall in Freehold, New Jersey.  

  • Sembler closed year with deals in new markets, increased occupancy rates

    St. Petersburg, Fla. -- In 2014, The Sembler Co. said it saw increased activity across business segments, from more than 700,000 sq. ft. of new and renewed leases, to expanding the company’s geographical reach.

  • Target expanding with smaller stores

    Target may not have been very successful in Canada, but the retailer has an altogether different strategy for the United States, where it will open 15 stores in 2015.

    Target says it plans to open more small store formats than suburban big box stores this year.

    The Minneapolis-based retailer will bring its smallest store, TargetExpress, which at 20,000 square feet is about a sixth of the size of its traditional big box stores, to two more metropolitan areas this year with one store slated for Chicago and two for the Washington, D.C., area.

  • Macy's wooing Latinas with Thalia line

    In an effort to boost its appeal to Latina fashionistas, Macy’s has launched a new collection designed by an international Hispanic superstar.

    The retailer’s new, exclusive Thalia Sodi collection includes apparel, shoes and jewelry and is available at 300 Macy's stores nationwide and on macys.com.

  • TJX names former Raytheon CEO to board

    Framingham, Mass. – The TJX Companies Inc. has named William H. Swanson to the board of directors. Swanson, 65, is the former chairman and CEO of Raytheon Co., a technology and innovation company specializing in defense, security and civil markets throughout the world.

  • Former Raytheon CEO joins TJX board

    The TJX Companies announced that William H. Swanson has been elected to its board of directors.

  • Lands’ End names Dolce&Gabbana exec as CEO

    Dodgeville, Wis. - Lands’ End Inc. has named fashion executive Federica Marchionni as CEO. Marchionni comes to Lands’ End from her role as president of Dolce&Gabbana USA Inc. She will succeed Edgar Huber, who is resigning from the company.

    Marchionni has served as president at Lands’ End since 2011, overseeing the opening of several key stores, including the Fifth Avenue flagship store in New York City as well as stores in other markets including Toronto, Chicago, Aspen and Boston.  

  • H&M to open 400 stores and launch beauty brand in 2015

    New York -- Swedish fast-fashion giant Hennes & Mauritz AB (H&M) is in full expansion mode. Along with reporting a 17% increase in fiscal 2014 profits, the company said it plans to open 400 stores in 2015, with most of the openings in the United States and China. It will also enter several new markets, including India and South Africa.  

    In other news, H&M is launching a new beauty concept, H&M Beauty, with an initial debut in about 900 stores and online, starting in fall 2015.

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