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Department Store

  • Bloomingdale’s Goes High Tech

    Bloomingdale’s new store in Palo Alto, California, is the retailer’s most digitally sophisticated to date.

  • DSW tops Q3 expectations

    Columbus, Ohio – DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter of fiscal 2014. Net income fell a less than expected 10% to $49.55 million from $54.96 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline. Sales totaled $670 million compared to $633 million and same-store sales rose 2.6%.

  • HomeGoods joins Whole Foods in the Mayfair Collection

    Chicago - HSA Commercial Real Estate announced that the firm has executed a 22,454-sq.-ft. lease with HomeGoods for the second phase of The Mayfair Collection, which is now under construction in Wauwatosa (Milwaukee), Wisconsin. HomeGoods will occupy the northern end cap of a building to be anchored by a 45,150-sq.-ft. Whole Foods Market.  

  • Destination Maternity adds investor to board

    Destination Maternity has appointed the managing partner of investment firm Voce Capital to the company's board of directors.

    "As a long-term investor in Destination Maternity, we look forward to bringing additional shareholder perspective to the board and continuing to work constructively with the company to help enhance its value," J. Daniel Plants of Voce Capital said.

  • Chico’s swings to loss in Q3

    Fort Myers, Fla. – Chico’s FAS Inc. reported a net loss of $28.5 million in the third quarter of fiscal 2014, compared to net income of $35.8 million in the third quarter of the previous fiscal year and below Wall Street predictions.

  • Top five priciest retail rents in the world go to…

    New York - Manhattan’s high-profile Fifth Avenue, at a whopping $3,550 per sq. ft., and Hong Kong’s Queen’s Road Central, at $2,073 per sq. ft., stand out as the most expensive retail rents in the world, according to Colliers International. Rounding out the top five are Hong Kong’s Canton Road, Manhattan’s Madison Avenue and Paris’ Champs Elysees. (See end of story for a more complete list.)  

  • Saks creates holiday wonderland on Fifth Avenue

     

    New York — Saks Fifth Avenue flagship on Manhattan’s Fifth Avenue has unveiled its holiday windows along with a dramatic light display that encompasses the entire façade of the iconic buiding.  

  • NYC Retail: Top 10 New Stores

    It’s been another big year in terms of new store openings in New York City. Here are my top 10 faves:

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