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  • Nordstrom to relocate Hawaii store

    Seattle - Nordstrom, Inc. plans to relocate its full-line store to a new space within Ala Moana Center, Honolulu, Hawaii. The new three-level, approximately 186,000-sq.-ft. store is expected to open spring 2016.

  • Sugarfina, Beverly Hills, Calif.

    Online premium-candy marketer Sugarfina has opened its first retail location, in Beverly Hills, Calif. The 1,400-sq.-ft. space is designed as a luxury candy boutique, with a large glass skylight and airy bubble chandeliers that hang like clouds in the sky. Sugarfina candy in hundreds of colors line the walls on thin floating shelves — the candy appears to be floating.
       

  • Jos. A. Bank: Men’s Wearhouse offer ‘undervalues’ company

    Hampstead, Md. – The correspondence between Jos. A. Bank and The Men’s Wearhouse continues, and it’s not all love letters. In response to a letter sent Jan. 30 from the Men’s Wearhouse board urging Jos. A. Bank to reconsider its recent all-cash offer to acquire Jos. A. Bank for $57.50 per share, or about $1.6 billion, Jos. A. Bank — which rejected that offer on Jan. 20 — does not sound anxious to revisit it in the most recent letter it sent to Men’s Wearhouse president and CEO Doug Ewert.

  • Sports Authority names Hhgregg exec as CFO

    New York -- Sports Authority has hired Jeremy Aguilar as CFO. Aguilar, who most recently served as CFO of Hhgregg, replaces former Sports Authority CFO Tom Hendrickson, who retired from the company.

    “Jeremy’s expertise in finance and accounting will play a critical role in further strengthening Sports Authority,” said CEO Michael E. Foss. “He will be a valuable asset to the team; we are thrilled to have him on board.”

  • Accenture: More shoppers to purchase in-store

    New York -- Even as online shopping continues to grow, more U.S. shoppers are planning to make purchases from physical stores in 2014, according to a survey by Accenture. In the “seamless retailing” study, 21% of U.S. shoppers said they plan to increase their in-store purchasing, up from just 9% in last year’s study.

  • DSW takes Waugh Chapel Towne Centre to 100%

    Owings Mills, Md. — Designer Shoe Warehouse has inked a deal to open a new store at Waugh Chapel Towne Centre in Gambrills, Md., between Annapolis and Baltimore, this summer. DSW has leased a 10,010-sq.-ft. space that the property’s owner Greenberg Gibbons will expand to 16,680 sq. ft. The deal leases the project up to 100%.

  • Retailers apply common sense to cyber security

    Many fingers pointed at Target after the retailer suffered a massive data breach during the holidays, but preventing the next cyber attack is beyond the scope of any single company, according to testimony retail representatives shared with lawmakers on Monday.

  • Returns and refunds at online retailers need improvement

    In a study of the returns and refunds performance of the 25 largest online retailers, StellaService found that the majority of retailers evaluated aren’t meeting consumer expectations.

    StellaService analysts ordered the same product from each retailer to be delivered to the three separate regions of East, West and Midwest. They then returned the product, tracking metrics such as the presence of a prepaid, adhesive return label, total time to receive a return authorization and refund speed. The average refund speed of was 10.7 days.

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