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Direct To Consumer (DTC)

  • Tiger Direct slices store count

    Port Washington, N.Y. – Consumer electronics retailer Tiger Direct, a subsidiary of Systemax, has decided to focus on its online territory. Tiger Direct is shuttering 31 of its 34 U.S.-based and international stores.

    Gordon Brothers Group subsidiary DJM Real Estate is handling the disposal of 27 Tiger Direct stores in the U.S. and Canada. The stores, which range in size from 14,000 to 33,400-sq.-ft, can be subleased or have their leases purchased outright.
     

  • Juicy Couture aims to re-take 'athleisure' market

    Before Lululemon and many others started selling "athleisure" apparel, Juicy Couture started the trend in the 1990s. Now the brand and retailer plans a comeback. 

    The company says it expects to open 133 stores (through its various licensing partners) during the next five years, according to Women's Wear Daily. Juicy will open 31 international locations in eight countries this year, the report said. Three of the countries — India, South Africa and Azerbaijan — will be new market entries for the brand.

  • PetSmart names former Collective Brands chief as CEO as David Lenhardt steps down

    Phoenix – PetSmart on Wednesday named industry veteran Michael J. Massey as its president and CEO, effective immediately. Massey, who most recently served as CEO and president of Collective Brands Inc., replaces David Lenhardt, who stepped down upon the closing of private equity firm BC Partners’s acquisition of the pet supplies retailer.  Also, BC Partners managing partner Raymond Svider has been appointed non-executive chairman.

  • Old Navy to open at Bayshore Town Center

    Glendale, Wis. -- Olshan Properties announced that Old Navy will open a store at Bayshore Town Center, in Glendale, Wisconsin. Old Navy will occupy a 17,025-sq.-ft. space that formerly housed Applebee’s, which has relocated to a larger location within the center.
         

  • Swap.com expands into women's apparel

    Online consignment marketplace Swap.com is expanding into women’s clothing, shoes and accessories.

    Executives with Swap.com said the new women’s collection will launch with more than 25,000 items.

    “The expansion into women’s apparel is not just about making it easier for our customers to buy and sell their gently loved clothes and handbags,” said Jesse Gonzalez, merchandising manager at Swap.com. “It’s also about offering the fashionable looks that our customers love, at a better deal than you can find in-stores.”

  • Baker Katz acquires former Baytown Seafood site

    Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced the acquisition of the former Baytown Seafood establishment situated on 30,000 sq. ft. of land in Houston.

    The property is located at the cross streets of I-10 East and Haden Road. Baker Katz plans to demolish the current building to construct an 8,000-sq.-ft. building occupied by a combination of restaurant and retail tenants.

  • Amazon targets early adopters with new 'store'

    Amazon.com is appealing to early adopters with the launch of a new "store" called Amazon Exclusives.

    The company has opened a new store called Amazon Exclusives, which aims to give consumers direct access to hot, innovative products from up-and-coming brands. For now, the store will focus on electronic accessories, toys, sporting equipment and some fashion items. It will also sell some products featured on the TV program Shark Tank.

  • Ross Stores opening 90 stores in 2015

    Dublin, Calif. -- Ross Stores recently opened 32 Ross Dress for Less stores and five dd’s Discounts locations across 15 different states. The openings are part of the off-price retailer’s 2015 expansion plans to open a total of approximately 90 stores in 2015 (70 Ross and 20 dd’s Discounts).

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