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Irish value fashion brand continues U.S. expansion
A brand known for its low, low prices and high volume has opened its fifth U.S. store. Primark has opened at PREIT’s Willow Grove Park Mall in the Philadelphia suburb of Willow Grove, Pennsylvania. This is the second Primark location in the Philadelphia region. The store occupies 58,300 sq. ft. of space previously occupied by Sears on the second and third floors of the southwest side of the mall. It features 59 fitting rooms and 47 registers, recharge areas, as well as a fashion "trend room.” -
Passing of the baton at J.C. Penney
Some three years after he returned to save J.C. Penney, industry veteran Myron E. (Mike) Ullman will retire from the company on Aug. 1. Ullman is passing the reins of chairman of Penney’s board of directors to current CEO Marvin R. Ellison. The succession is in accordance with a transition plan the company outlined in 2014.