Skip to main content

eCommerce

  • DSW signs three leases from New York to Oklahoma

    Columbus — Designer Shoe Warehouse — DSW — has announced the opening of three new stores across the country.

    The locations are:

    • Colerain Ave. in Cincinnati, Ohio, opens Sept. 5
    • Veteran Parkway, Springfield, Ill., opens Sept. 5
    • Bowles Ave. in Littleton, Colo., opens Sept. 5
  • Investor ups stake in Penney to become second largest investor

    New York -- Hedge fund manager Richard Perry has upped his already substantial share in J.C. Penney Co. Perry’s Perry Capitol LLC now ranks as Penney's second-largest investor after George Soros.
        
    It was disclosed on Friday that Perry bought an additional three million shares of Penney in a secondary offering for $12.90 a share, and that it now owns 8.62% of the company, up from its previous 7.3% stake.
          

  • ‘Living wage’ sent to D.C. mayor

    New York -- A controversial bill requiring Wal-Mart Stores Inc. and other large retailers to pay their employees a "living wage" of at least $12.50 an hour has been sent to District of Columbia Mayor Vincent Gray.   
        
    The mayor has 10 business days, starting Tuesday, to either sign or veto the bill, which was passed by the D.C. Council at the beginning of July.

  • Uniqlo announces locations for 10 new mall stores

    New York -- Uniqlo will open 10 U.S. mall stores in October and November, giving it a total of 17 U.S. locations. The new stores are strategically placed surrounding the brand’s current flagship stores on the East and West Coasts (see below for schedule).

    To support its retail expansion, Uniqlo will debut a new, more interactive website this fall.  

    Uniqlo will open four stores in California, three in New York, two in New Jersey and one in Connecticut. Here is the schedule:  

    New Jersey

  • Former Coach exec named CEO of REI

    Seattle -- Recreational Equipment (REI) named Jerry Stritzke as the company's president and CEO, effective Oct. 1, following an extensive national search. Stritzke most recently served as president and COO for Coach, which announced his resignation, effective Sept. 2.

  • Yankee Candle to be acquired in $1.75 billion deal

    New York -- Yankee Candle has agreed to be acquired by global consumer products company Jarden Corp. for $1.75 billion in cash from its private equity owner Madison Dearborn Partners. Yankee Candle, based in South Deerfield, Mass., operates about 575 stores in the United States and Canada.

    Madison Dearborn bought Yankee Candle in 2007 for $1.4 billion cash and the assumption of $300 million in debt.

  • Dick’s Sporting Goods to open in Duluth, Minn.

    Pittsburgh -- Dick's Sporting Goods will celebrate the opening of its new store in Duluth, Minn., beginning on Sept. 6.

    The Duluth location will be the retailer's ninth store in the state of Minnesota and its 529th nationwide.

     

  • JLL adds tenant rep in Chicago

    Chicago -- Jones Lang LaSalle has brought on Adam Cody as a VP in its Chicago office. He will work with executive VPs Lew Kornberg and Walter Wahlfeldt to expand the firm's retail tenant representation capabilities.

X
This ad will auto-close in 10 seconds