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  • Restoration Hardware to launch teen concept

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

    RH (Restoration Hardware) is launching RH Teen, which will offer “tasteful, high quality” furniture, lighting, linens and décor for teens. Launching in late September, RH Teen will have a own dedicated 200-page catalog (or, in RH lingo, “source book”), website and dedicated retail space in the company’s next generation of stores.

  • Target changes store pickup game in N.Y.C. area

    Target customers at select stores in New York and New Jersey won’t have to get out of their cars anymore to pick up online orders.

  • Rent-A-Center key exec leaving to head up pawn business

    Plano, Texas -- Rent-A-Center announced the resignation of company veteran Mitchell E. Fadel, president and COO, effective Aug. 28.

    Fadel is leaving to join EZCORP, where he will be president, U.S. Pawn. In his new position, he will lead the company's pawn businesses in the United States.

  • 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

  • Restoration Hardware targets teens

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

  • $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.

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