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  • Restoration Hardware targets teens

    Teens with a hankering for pricey furniture and décor — and affluent parents — will now have a new place to shop.

  • Party City not letting weak quarter derail store expansion

    New York -- Party City isn’t celebrating its second quarter.  But it remains on track to open 30 new stores for 2015 and complete 50-60 remodels and relocations.

    The party supply retailer reported a loss for its second quarter traffic amid light traffic. But it as the retailer reported a loss.

    In the second quarter ended June 30, Party posted a loss of $23 million, or 20 cents a share, compared with a profit of $2.5 million a year earlier

  • $800 million mixed-use transformation of Miami suburb underway

    Miami – The Related Group is set to transform the Miami suburb of Doral with the massive 600,000 sq. ft. CityPlace Doral. The $800 million mixed-use development components include 240,000 sq. ft. commercial space, 1,000 luxury residential units and Boutique Boulevard -- more than 40 shopping, entertainment and dining venues. Once complete, the project will offer the area’s only walkable luxury shopping plaza.

  • New Yorkers to get a (smaller) taste of Cost Plus

    A soon-to-open Cost Plus World Market store in Manhattan could serve as a blueprint for the company's expansion in other urban areas.

  • Some good news for retailers in July

    New York -- A report suggests that U.S. consumers aren’t letting the summer doldrums or world unrest get in the way of shopping — although not all retailers are benefiting.

    Retail sales rose 0.6% in July month, according to the U.S. Commerce Department. Excluding sales of automobiles, sales were up 0.4%. Eleven of 13 major categories showed increases.

    The Commerce Department also revised June's 0.3% decline in retail sales to an unchanged reading.

  • Cabela's adds Coors Brewing veteran to its board

    Nebraska-based sportings goods retailer Cabela’s has appointed the former CEO of Coors to its board.

    The company announced that Peter S. Swinburn has been named to its board of directors.

  • Toys"R"Us looks to Netflix for roaring sales

    Toys"R"Us has teamed up with Netflix on a new animated series that tells the tale of anthropomorphized vehicular dinosaurs.

  • New stores key to Stein Mart’s sales strategy

    Jacksonville, Fla. -- Off-price retailer Stein Mart continues to pursue the accelerated store growth strategy that it began in 2014.

    The off-price retailer announced it will open nine stores this fall, and at least 12 new locations in 2016.

    The news follows the company's recent release of first half 2015 total sales growth of 6.1% and comparable store-sales growth of 4.0%.

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