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eCommerce

  • DSW buying Ebuys Inc. in $62.5 million deal

    DSW is expanding its e-commerce capabilities with a deal to acquire Ebuys Inc., an online off-price footwear retailer with a presence in North America, Europe, Australia and Asia.

    DSW announced that the purchase price includes an upfront payment of $62.5 million as well as future payments contingent on the performance of Ebuys, Inc. The deal is expected to close within the next 30 days.

  • Howard Hughes reaches major milestone for Ward Village

    Honolulu -- The Howard Hughes Corp. marked another critical milestone for Ward Village located in Honolulu, Hawaii. The company broke ground on Ae‘o, a 466 unit mixed-use residential tower that will be anchored by a flagship Whole Foods Market.

  • Bryn & Dane’s three locations and counting

    Bryn and Dane’s announced it will be expanding from three to six locations in Pennsylvania within the next year. The new stores will be located in the Philadelphia Metro Area:

    • Bryn Mawr Village in Bryn Mawr, Pennsylvania; set to open summer 2016
    • Atwater South in Malvern, Pennsylvania; set to open fall 2016
    • The Franklin, 834 Chestnut Street, Philadelphia, Pennsylvania; set to open early 2017

  • Jos. A Banks turns in troubling Q4 performance for Tailored Brands

    Tailored Brands, formerly Men’s Wearhouse, vowed more changes after its Jos. A Bank division logged a 31.9% decline in same store sales.

  • Comps fall for Bebe Stores in Q2

    Traffic and conversion troubles led to a same store sales decrease for fashion retailer Bebe in the second quarter.

    For the period ended Jan. 2, net sales decreased 5% to $122.4 million, as compared to $128.9 million in the second quarter of fiscal 2015. The net sales decrease was primarily driven by a comp decrease and store closures. Same store sales decreased 2.5% compared to an increase of 8% in the same period of the prior year. Traffic and conversion declined while average unit retail was flat.

  • Whole Foods’ new 365 format to anchor Butler Town Center

    Whole Foods Market’s 365 store concept is the first anchor to be announced for Butler Town Center, in Gainesville, Florida. It is also the first 365 location to be announced for the state of Florida.

  • Former CEO of Children’s Place back with new concept

    Ezra Dabah is launching a curated box service for girls ages 3 to 12. Called Kidpik, the new concept will charge customers only for the items they decide to keep after the alloted trial period, Crain’s New York reported. [Crain’s New York]

  • Barneys New York in spectacular homecoming

    Barneys New York has opened flagship in downtown Manhattan on the same block that the upscale retailer was founded on in 1923 and maintained a presence through the late 1990's.

  • Off-pricer to make Canadian debut

    Nordstrom continues to expand north of the border.

    The retailer announced that its Nordstrom Rack off-price division will open its first Canadian location, in Toronto, in 2018.

    The 38,600-sq.-ft. store will be located at One Bloor in Yorkville, on the southeast corner of Yonge Street and Bloor Street, a well-known shopping district in Toronto. It will be approximately one mile north of the Nordstrom full-line store, which is scheduled to open in September 2016 at CF Eaton Centre.

  • Bebe reports Q2 loss as comps fall

    Traffic and conversion troubles led to a disappointing performance by fashion retailer Bebe Stores in the second quarter. For the period ended Jan. 2, the company reported a loss of $5.5 million.

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