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  • L.L.Bean launches limited-edition tote to support Boston spirit

    FREEPORT, Maine — L.L.Bean has introduced the One Fund Boston Tote made from the tarp used to protect the Fenway Park infield during its 100th anniversary in 2012.

    The limited edition version of the company’s signature tote celebrates the spirit of Boston and its people, with 100% of the profits going to The One Fund Boston.

  • JLL adds tenant rep in Chicago

    Chicago -- Jones Lang LaSalle has brought on Adam Cody as a VP in its Chicago office. He will work with executive VPs Lew Kornberg and Walter Wahlfeldt to expand the firm's retail tenant representation capabilities.

  • RetailMeNot upgrades apps, adds functionality

    The world’s largest digital coupon marketplace, RetailMeNot.com, has introduced new functionality and platform integration capabilities to its popular service with the launch of version 3.0 of its iOS and Android coupons app.

  • Bebe slides to loss

    Brisbane, Calif. -- Bebe Stores Inc. reported a loss for its fourth quarter amid weaker sales and markdowns.

    The apparel chain posted a loss of $20.8 million for the three-month period ended July 6, compared with net income of $3 million in the fourth quarter last year.

    Bebe's total revenue edged down to $119.2 million, from $131.5 million.

     

  • Simon, Mac Naughton, Ruiz and other Walmart execs headlining events this fall

    Top executives from Walmart will be sharing insights into the company’s strategies this fall by participating in a wide range of conferences and investor event.
    First up is Walmart U.S. president and CEO Bill Simon who is scheduled as the featured luncheon speaker on September 11, at the Goldman Sachs Global Retailing Conference in New York. Simon also spoke at the event in 2010 and 2012 and this year he will be fresh off of headlining Walmart’s U.S. manufacturing summit in Orlando in late August.

  • Gordmans gives back to private equity partners

    Regional department store chain Gordmans gave shareholders a huge gift this week when the private equity controlled company’s board said it had borrowed $45 million to fund a $3.61 special dividend after reporting lackluster second quarter results.

  • Genesco Q2 estimate disappoints; slashes full-year profit outlook

    Nashville, Tenn. -- Footwear retailer Genesco estimated second-quarter results below analysts' forecast. The company also slashed its adjusted profit outlook for the current year.

    “We are disappointed that our second quarter performance fell short of expectations,” said Robert J. Dennis, chairman, president and CEO of Genesco. “Sales trends proved to be more challenging as the quarter progressed and results came in below our plan. The third quarter has gotten off to a difficult start with comparable sales down 3% through Aug. 24.

  • Best Buy renews at Aventura Commons

    Aventura, Fla. — Best Buy has signed a long-term lease renewal for 45,729 sq. ft. at Aventura Commons in Aventura, Fla., according to the Berkowitz Development Group, the landlord.

    Other national tenants in the 267,000-sq.-ft. center include Target, Whole Foods, PetSmart and Ulta.

     

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