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  • Shisui Premium Outlets opens with lineup of first-to-Japan brands

    Tokyo, Japan -- Indianapolis-based Simon Property Group said that, in partnership with Mitsubishi Estate Co., it has opened Shisui Premium Outlets (Shisui Town, Inba District, Chiba Prefecture), the ninth Premium Outlet Center in Japan.
     

  • IBM: 20% online growth in Q1

    Armond, N.Y. -- First quarter online shopping in 2013 grew more than 20% over the same period last year, and more than five times in-store sales growth, helping drive up department store and home goods purchases, according to the IBM Online Retail Index.  
     
    The IBM Index comes on the heels of the U.S. Department of Commerce’s Census Bureau report which announced in-store sales for the January through March 2013 period were up 3.7%.

    The IBM Online Retail Index also found:

  • Icing by Claire’s to get brand makeover

    CHICAGO — Icing, the jewelry and accessories brand founded by Claire's in 1996, is about to get a branding makeover.

     

    The new branding program includes an updated store design, new brand visual identity, modernized logo and the brand's first ever e-commerce enabled website. The brand seeks to establish itself as a destination for fashionable jewelry, accessories and expert style advice for young women ages 18 and older.

  • Bloomberg: Apple to grow aggressively in China

    New York -- A Wednesday report by Bloomberg said that Apple plans to double its number of retail stores in China over the next two years to help offset slowing growth worldwide.

  • Jones Group to close under-performing stores

    NEW YORK — The Jones Group Inc. plans to close 170 under-performing stores in the U.S. by mid-2014 as part of its efforts to shore up profitability.

    The stores identified for closure include 50 units previously announced in the fourth quarter.

    Jones, which owns the Nine West, Jones New York and Anne Klein banners among others, will emerge from the restructuring with a higher percentage of outlet stores in its portfolio, and some units will be converted to more viable sister banners.

  • Children’s Place CFO Scarpa named COO

    SECAUCUS, N.J. — Children's Place CFO Michael Scarpa has added COO to his credentials. Scarpa, who oversees finance, information technology, distribution, logistics and wholesale, will add store operations, store development and international to his responsibilities. Scarpa will continue to report to president and CEO Jane Elfers.

  • Top real estate and store development exec leaves J.C. Penney

    New York -- Another Ron Johnson-appointee and former Apple executive has left J.C. Penney. Ben Fay, who was brought as EVP real estate, store design and development, has left the company, according to the Dallas Morning News. Returning to Penney in an advisory capacity is the chain's former SVP of property development, Tom Clerkin, who took early retirement from the company last year, the report said.

  • Children's Place CFO adds COO title

    Secaucus, N.J. -- The Children's Place said Wednesday that current CFO Michael Scarpa has also been appointed COO, effective immediately.

    Scarpa will continue to oversee finance, information technology, distribution, logistics and wholesale, and will add store operations, store development and international to his current responsibilities.

    Prior to joining The Children's Place, Scarpa was COO and CFO of The Talbots.

     

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