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  • SKECHERS finds new beat with Ringo

    The legendary Beatle Ringo Starr will be bringing his talents and style to SKECHERS where he’s agreed to appear in the footwear company’s global marketing campaign for SKECHERS Relaxed Fit footwear.  The new multimedia campaign featuring Ringo will begin in Spring 2015.   World’s most famous drummer will be a face and voice of the campaign which will kick off with a new television spot that adopts the humorous as a signature of the Relaxed Fit footwear commercials.   
  • Saks to close store in Hackensack, N.J.

    New York -- Saks Fifth Avenue announced that it plans to close its Saks Fifth Avenue store in the Shops at Riverside in Hackensack, N.J. The store is expected to close in late 2014.   “Closing a location is never an easy business decision. At this time, we are committed to offering support and assistance to our team affected by the closing,” commented Marigay McKee, President of Saks Fifth Avenue.
  • Analysis: Gap Raises the Bar on Digital Revolution with New CEO Appointment

    By Les Berglass    The appointments of new chief executives of major brands always cause a stir, but Gap Inc.’s recent announcement that Art Peck would succeed Glenn Murphy hit Wall Street like a truck. Why? Because the investment community  wanted a more predictable, standing CEO—it likes stability. But the truth is, this is a positive and revolutionary change.   
  • DDR and Blackstone JV closes on $2 billion 71-center purchase

    Beachwood, Ohio --DDR Corp. and an affiliate of Blackstone Real Estate Partners VII announced that a joint venture formed by the pair has closed on the acquisition of 71 shopping centers previously owned by American Realty Capital Properties for $1.93 billion.
  • Mattress Firm completes Sleep Train acquisition

    Houston –- Mattress Firm Holding Corp. has completed its $245 million acquisition of West Coast bedding specialty retailer The Sleep Train Inc. Sleep Train operates approximately 310 specialty mattress retail stores located in California, Oregon, Washington, Idaho, Nevada and Hawaii, and reported net sales of approximately $471 million for the 2013 fiscal year.  
  • Target Canada opens three new stores

    Mississauga, Ont. -- Target Canada is opening three new stores Oct. 17, located in Ottawa, Ont; Sheridan Centre in Mississauga, Ont. and Polo Park in Winnipeg, Man. The opening of the three new stores marks the final stores scheduled to open in 2014 and brings the total number of Target Canada stores open across the country to 133.

     

  • Under Armour nabs Neiman exec for board

    Karen Katz, president and CEO of Neiman Marcus Group, has been appointed to the board of directors of Under Armour Inc.

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