eCommerce

South Jersey’s first Henri Bendel has opened at Cherry Hill Mall, located in Cherry Hill, N.J.

The PREIT-owned property now features a 2,300-sq.-ft. Henry Bendel designer fashion boutique, joining Nordstrom, True Religion, Hugo Boss, Michael Kors, Guess by Marciano, and more.

“As South Jersey’s fashion destination, Cherry Hill Mall continues to welcome venerable style icons to the property,” said Lisa Wolstromer, Cherry Hill Mall senior marketing director.

New York -- Aurora Capital Associates, a real estate investment firm, is reported to be acquiring New York-based discount retailer Daffys with plans to sublease its stores, according to Crain’s New York.

Daffy’s, which operates 19 stores, in July announced plans to liquidate by October.

The company has several prime real estate sites, eight of which are located in prime shopping area of Manhattan.

Real Estate Weekly first reported the news concerning Daffy’s possible acquisition.

The Chronicle of Philanthropy is out with its ranking of the leading charitable donors and Target ranked eighth in 2011.

Target donated $146 million in cash and $63 million worth of products last year, according the Chronicle. It is a significant sum that and equates to roughly 4.7% of the retailer’s pretax profits.

WASHINGTON — Desire for more organic food, high-end products and mobile technologies were the driving trends of the fastest-growing retailers in the United States, according to the National Retail Federation's "Hot 100 Retailers" list. Published annually in the group's STORES August issue, the list consists of retail companies that reported the greatest increase in domestic sales between 2010 and 2011. All public and private companies with more than $300 million in sales were eligible for the list, which was compiled by Kantar Retail.

The Retail Industry Leaders Association (RILA) has taken issue with an opinion piece that appears in the August 1, 2012, issue of the Wall Street Journal. The piece, written by United States Senator Jim DeMint (R-SC), is about the Marketplace Fairness Act (the legislation would end special treatment for online-only retailers who currently exploit a decade’s old loophole to avoid collecting and remitting state sales tax, according to RILA).

NAPERVILLE, Ill. — With new clothes and supplies topping the list of what most parents are shopping for during back-to-school season, it makes sense that OfficeMax and Old Navy would join forces to maximize their offerings, delivering savings for customers and sales for them.

DODGEVILLE, Wis. — Lands’ End has named Michael Rosera as chief operating and finance officer. In his role he is responsible for accounting, financial reporting, legal, information technology and integrated company planning. As the leader of finance and operations and a member of the executive team, Rosera reports directly to Edgar Huber, CEO and president of Lands’ End.

ST. PETERSBURG, Fla. — HSN Inc. reported that total sales for the company grew 6% to $767.2 million for the second quarter. Sales at the company's HSN segment increased 4% to $501.9 million, including 8% growth in digital sales. Cornerstone's net sales increased 11% to $265.3 million, including 17% growth in digital sales.

Adjusted EPS increased 10% to 67 cents compared with 61 cents in the prior year. GAAP income from continuing operations per diluted share increased 13% to 61 cents compared with 54 cents in the prior year.