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  • Howard Hughes Corp. tops out Hawaiian tower

    Howard Hughes Corporation this week topped out the second of three residential towers destined for Ward Village, a 60-acre, master-planned community in Honolulu that will deliver 4,000 new residences when completed.    The finished Anaha tower, set to welcome residents in 2017, will house a Merriman’s restaurant and Oahu’s flagship Whole Foods Market.  
  • Dismal Q2 puts Abercrombie turnaround in question; to close more stores

    Abercrombie & Fitch Co.’s turnaround was called in to question on Tuesday as the chain posted a wider loss in its second quarter, hurt by a decline in tourist traffic at its flagship locations.     The teen apparel retailer also revealed that it expects to close up to 60 U.S. stores as their leases expire this fiscal year. On its quarterly conference call, company executives said the chain has flexibility to close even more stores, with about half of its U.S. leases expiring by the end of 2017, the Wall Street Journal reported.
  • Toys ‘R’ Us promotes chief merchant to president

    Toys "R" Us announced the appointment of Melanie Teed-Murch as president, Toys "R" Us, Canada, effective Sept. 1.       Teed-Murch joined the retailer in 1996 as a store manager for Toys "R" Us in Kitchener, Ontario. She went on to hold a variety of senior leadership, merchandising and operational roles with increasing responsibility, including her most recent position as Canada's chief merchant.  
  • Nordstrom expands deal with specialty retailer

    Nordstrom shoppers will now be able to purchase J.Crew apparel, as well as its sister brand Madewell.   Continuing to expand its partnerships with select brands, the department store retailer has entered into a new deal with J. Crew Group to sell an edited assortment of J.Crew apparel at select full-line Nordstrom and on its website beginning Sept. 12.       The assortment, to be featured in 16 Nordstrom locations, will include women's apparel, accessories and petites (online only).
  • Retailers Need to Think Like Restaurants

    At the Converse Store on the Third Street Promenade in Santa Monica, “customization maestros” help sneaker fans manufacture their dream shoe.   
  • CANADIAN OUTERWEAR BRAND SPREADS ITS WINGS

    A company named after the first reptile to develop the feather for flight — archaeopteryx lithographica — is moving to expand its fledgling store portfolio.

    Founded in 1991, Vancouver, British Columbia-based Arc’teryx is a manufacturer of high-performance outdoor apparel and equipment. Although the brand’s roots lie in the climbing landscape, it has long since expanded to include skiing, backpacking and other outdoor activities.

  • Specialty menswear retailer swings to profit in Q2

    Destination XL Group Inc. reported a profit in its second quarter amid the ongoing strength of its DXL larger store format.   The retailer of big and tall apparel for men posted net income for the second quarter of $0.2 million, compared with a net loss of $1.0 million in the year ago period.  
  • READY FOR FALL

    There’s no getting around it: It’s been a long, hot summer for the retail industry, one that many retailers will be happy to see end.

    From the liquidation of The Sports Authority and Hancock Fabrics to the downsizing of Macy’s and Office Max (to name a few), the past few months have been full of angst as merchants struggle to find their way in a disrupted marketplace.

    The good news is that many merchants are rising to the task. They are making the hard calls, however painful, and investments necessary to compete in today’s omnichannel world.

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