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Direct To Consumer (DTC)

  • Smart Fashion to make retail debut in Manhattan

    New York City -- Winick Realty Group announced that Smart Fashion, a national importer and exporter of women’s apparel, has leased its first retail location at 149B West 36th Street, between Broadway and 7th Avenue in Manhattan’s Garment District.

    Smart Fashion already operates a wholesale showroom nearby at 1407 Broadway.

    The 2,000-sq.-ft. store will focus on trendy junior sportswear.

  • Whole Foods to offer free shipping of holiday boxes to military overseas

    AUSTIN, Texas - Whole Foods Market announced that it is offering free overseas shipping of its holiday gift boxes to APO, FPO and DPO addresses.

    Available only at www.wholefoodsmarket.com/giftbox, Whole Foods Market offers five different gift boxes that range from $40 to $60 each. 

  • Wal-Mart to close Moscow office

    Bentonville, Ark. - Wal-Mart Stores Inc. is closing its Moscow office but said it is still interested in the Russian market.

    The retailer said Monday that it has been looking to enter the Russian market through an acquisition, but has not found a near-term opportunity so it does not need the Moscow office at this time.

  • Gracious Home acquired by Americas Retail Flagship Fund

    NEW YORK - Gracious Home, a home goods retailer with stores in New York City's Upper West and Upper East side neighborhoods, as well as online at gracioushome.com, was acquired by Americas Retail Flagship Fund LLC. The company under its prior ownership had filed for bankruptcy protection in August.

  • Neiman Marcus Q1 profit triples

    Dallas -- Neiman Marcus Group reported Thursday that profit for the quarter ended Oct. 30 tripled to $25.7 million, compared with $8.5 million in the year-ago period. The retailer cited more full-price selling, higher customer traffic and lower costs for the strong performance.

    The operator of its namesake and Bergdorf Goodman stores saw sales rise 6.7% to $927 million. Same-store sales increased 6.4% following a 14% plunge a year ago.

  • Uniqlo may open 200 stores in the U.S. by 2020

    Yamaguchi City, Japan -- Fast Retailing Co. said Friday it aims to open at least 200 Uniqlo stores in the U.S. by 2020.

    Asia’s largest clothing chain said it seeks to raise sales sixfold in a decade.

    “The United States is one of the most important markets for us,” Shin Odake, CEO of Uniqlo’s U.S. unit, said in an interview with Bloomberg Television. “We want to become the number one retailer in the world.”

  • Children’s Place taps Rhys Commercial for Connecticut expansion

    Stamford, Conn. -- Rhys Commercial announced that The Children’s Place has retained it to handle the retailer’s expansion across Connecticut.

    According to RHYS, which is actively seeking out locations in densely populated and well-trafficked markets throughout the state, The Children’s Place generally requires between 4,000 and 4,500 sq. ft. of space. The retailer is looking to open new stores in potential infill markets.

  • National Entertainment buys most assets of defunct Movie Gallery chain

    New York City -- Movie merchandise seller National Entertainment Collectibles said Thursday that it had acquired most of the assets of Movie Gallery, which has been liquidating its Hollywood Video, Movie Gallery and Game Crazy stores.

    Movie Gallery, once the nation's second-largest video and game rental chain with 4,000 stores in the United States and Canada, filed for bankruptcy in February. In October, a federal bankruptcy judge in Richmond, Va., approved the auction of its brand names, Internet domain names and customer databases.

  • Lululemon athletica sales and profits soar in Q3

    Vancouver, British Columbia -- Yoga apparel retailer and manufacturer Lululemon athletica reported Thursday that net income for the quarter ended Oct. 31 rose to $25.7 million, compared with $14.1 million in the year-ago period.

    Net revenue surged 56% to $175.8 million, from $112.9 million. Same-store sales increased 29%.

    The company operates 134 stores in North America and Australia.

  • Callison partners with Abercrombie & Fitch, Urban Outfitters for international expansion

    Seattle -- Callison has teamed with parent companies Abercrombie & Fitch and Urban Outfitters to internationally expand the Hollister Co./Gilly Hicks and Urban Outfitters/Anthropologie brands, respectively.

    Abercrombie & Fitch has retained Callison as its architect of record to implement its expansion for Hollister in the United Kingdom and Germany. A total of five stores have opened under Callison’s direction with approximately 10 more locations planned.

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