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  • Ross Dress For Less to open at Millcreek Mall

    Erie, Pa. -- Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a store at the Millcreek Mall Complex near Erie, Pa.

    The new store will open in the Millcreek Pavilion section of the complex this fall. It will occupy more than 25,000 sq. ft. next to Old Navy.

    Millcreek Mall Complex, located in Millcreek Township, comprises more than two million sq. ft. of shopping, lodging, dining and entertainment.
     

  • Conn's swings to profit in Q4, on track to open 5-7 stores this year

    Beaumont, Texas -- Conn’s Inc. reported Tuesday that it earned $7.7 million in the quarter ended Jan. 31, compared with a loss of $3.6 million in the year-ago period.

    Revenue increased 3.7% to $226.7 million, beating Wall Street’s expected $221.4 million. Same-store sales surged 12.1%.
       
    The company said it is on track with its store opening plans, which calls for five to seven stores in new markets this year.

  • HSN acquires Chasing Fireflies brand

    St. Petersburg, Fla. -- HSN announced Monday it has acquired lifestyle brand Chasing Fireflies. Terms of the transaction weren’t disclosed.

    The purchase, which was made through the multichannel retailer’s Cornerstone Brands segment, will accelerate HSN’s move into content-driven lifestyle businesses.

  • Banana Republic, Google Offers join Starbucks in jobs effort

    Seattle -- Starbucks Coffee Co. said Tuesday that Google Offers and Banana Republic are joining with Starbucks and Opportunity Finance Network to support the Create Jobs for USA program.

    The pair, which are the first businesses to join Starbucks in the initiative, will run special promotions and make donations in support of the program that is designed to raise money to put Americans back to work.

  • Saks Off Fifth to anchor two new outlet centers

    Indianapolis -- Mall owner Simon Property Group said Tuesday that Saks Fifth Avenue Off 5th will anchor the company’s two new centers in development in its Premium Outlets division: Phoenix Premium Outlets and St. Louis Premium Outlets.

    Phoenix Premium Outlets in Chandler, Ariz., is currently under construction with a spring 2013 opening planned. Phase 1 of the center will be comprised of 360,000 sq. ft. housing approximately 90 outlet stores featuring high-quality designer and name brands.

  • Former ad man to head marketing at Target

    MINNEAPOLIS — Target has brought in someone with both advertising and retail experience to oversee its marketing efforts. The company announced that Jeffrey Jones, II has been named as the company’s EVP and chief marketing officer, effective immediately. 

  • New execs part of Charming Charlie growth strategy

    HOUSTON — Specialty apparel and accessories retailer Charming Charlie has appointed four retail executives as part of the ongoing development of the company’s internal structure and another step in its ongoing national expansion, including the opening of 60 retail locations in 2012.

  • And the name of H&M’s new chain is…

    New York -- Swedish fast-fashion retailer Hennes & Mauritz (H&M) plans to call its new retail brand “& other stories” according to various media reports.

  • Ross Stores makes executive appointment in real estate

    Pleasanton, Calif. -- Ross Stores announced that Glen Boyer, previously VP real estate market research, has been named group VP real estate market research & property management.

  • Saks selects Oracle applications to deliver business insight across all channels

    New York -- Saks Inc. has selected Oracle's retail merchandising, planning and optimization applications and the Oracle e-business suite 12.1 to help integrate business operations and improve margins and profitability across all channels.

    The implementation is part of a business-wide initiative by Saks to establish a modern, flexible and scalable IT platform that will provide finance, human resources, merchandising, commerce and store operations teams with real-time, mobile access to sales, inventory and performance data they require.

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