eCommerce

Denton, Texas -- RED Development announced it will bring Dillard’s department store to Rayzor Ranch Town Center, the new, open-air retail and entertainment destination now under development in Denton, Texas.  

Dillard’s, being planned as a 126,000-sq.-ft. store, is the first anchor department store named for the new project since RED became an owner and assumed the management of the property in 2010.  

Huntington Beach, Calif. -- DJM Capital Partners announced that it has acquired about 11 acres from Crescent Heights for the retail and hotel portion of a planned mixed-use development Pacific City.

The company said it plans to develop on the original footprint and with almost 6.5 acres for 191,000 sq. ft. of open-air retail, restaurants and entertainment and four acres for an eight-story hotel. 

By Tom Rittman, Theretailequation.com

The holiday season is often considered the most wonderful time of year, but as retail sales soar, so do returns. And don’t be fooled by a seemingly valid receipt. Savvy fraudsters know how to prey on holiday cheer costing retailers thousands of dollars in fraudulent returns and exchanges.
 

Panama City Beach, Fla. -- The St. Joe Co., together with Casto and Strategic Retail Advisors, announced a joint venture to develop Pier Park North, a 390,000-sq.-ft. shopping center located across from Pier Park Lifestyle Center in Panama City Beach, Fla.

Confirmed retailers include Dick’s Sporting Goods, Michaels, Pier 1 Imports and Kirkland’s. Pier Park North anticipates opening in spring 2014.

Dallas -- The Howard Hughes Corp. and Dillard’s announced that the department store is the latest anchor to be part of The Shops at Summerlin, in West Las Vegas Valley. Dillard’s will build a two-level, 200,000-sq.-ft. foot in the center, with opening scheduled for fall 2014.

The modest sales decline Party City reported for the five week period ended November wasn’t all that bad considering the unfavorable circumstances the company faced.

Sales declined 1.4% to $358 million and same store sale declined 0.6% at permanent stores and 11.9% at temporary locations, the company said.

LOS ANGELES — Kim, Kourtney and Khloé Kardashian’s eyewear line available through Sears Optical is now available online as well as in stores.

The Kardashian Kollection Eyewear line was introduced at retail locations nationwide in July of this year and includes eyeglasses and sunglasses.

Minneapolis -- Christopher & Banks said its net income totaled $3.6 million for the quarter ended Oct.27, compared with a loss $13.7 million in the year-age period.

Revenue rose 2%, to $117.3 million from $114.6 million. The chain has closed more than 100 stores during the last year, but strong sales at its existing locations boosted revenue. Same-store sales rose 13.7%.

Christopher & Banks noted that effective Nov.26, LuAnn Via joined the company as president and CEO.