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Department Store

  • RKF arranges New York leases with Bluemercury, Brora

    New York - RKF has arranged two leases totaling 2,680-sq.-ft. at 1200 Madison Ave. on the Upper East Side of Manhattan with beauty retailer Bluemercury and upscale Scotland-based knitwear company Brora. The new Bluemercury, scheduled to the week of Oct. 6, will occupy 1,705-sq.-ft. and will be the brand’s second location on the Upper East Side.

  • Aeropostale expands into Chile

    New York – Aeropostale Inc. plans to launch the Aeropostale and P.S. from Aeropostale brands in Chile through a licensing agreement with Sociedad Comercial Grupo Yes S.p.A. ("Grupo Yes").

    Aeropostale's expansion plans in Chile include the opening of standalone stores, department stores and multi-brand stores in select locations across Chile beginning in spring 2015. The Company's first Aeropostale store is scheduled to open in Parque Arauco in Santiago in October. P.S. from Aeropostale stores are expected to open beginning in early 2015.

  • Sears to sell most of Sears Canada stake as it looks to boost liquidity

    Hoffman Estates, Ill. – Sears Holdings Corp. is selling most of its 51% stake in its Sears Canada division to shareholders as its looks to boost its liquidity before the crucial holiday selling season. Sears, which previously said it was exploring options for the struggling Sears Canada unit and retained Bank of America Merrill Lynch in May 2014, expects to raise as much as $380 million by November 2014. 

  • Sears to boost liquidity ahead of holiday shopping season

    As part of its agenda to boost liquidity ahead of the highly contested holiday shopping season, Sears Holdings plans to sell most of its 51% stake in its struggling Sears Canada division to shareholders — a move that stands to raise as much as $380 million by November.

  • LVMH names Carolina Herrera president as CEO of Donna Karan International

    Paris -- LVMH announced the appointment of Caroline Brown as CEO of Donna Karan International, effective Jan. 15. She currently serves as president of Carolina Herrera.

    Brown will replace Mark Weber, the incumbent CEO of Donna Karan International, who is becoming a consultant for LVMH.

  • Wrap & Send Services offers pack & ship for luxury retailers

    Denver - Wrap & Send Services, a luxury retail packing and shipping solution, is offering professional in-store and warehouse support for the 2014 holiday season. Currently, Wrap & Send Services works with many luxury big-box stores in New York City, as well as 30 cities across the U.S.

    Wrap & Send's expert packing and shipping solution help manage the volume, cost, speed and branding standard that is required when shipping from the store.

  • Trademark Property hires Kara Rafferty as leasing director

    Fort Worth, Texas -- Trademark Property Co., the Fort Worth-based retail and mixed-use development, investment, and third-party services firm, announced that Kara Rafferty has joined the firm as director of leasing. An 18-year industry veteran, Rafferty will focus on Trademark’s leasing efforts throughout Texas.

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