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  • Dept. stores deliver solid June sales

    NEW YORK – Department-store retailers turned out solid sales results in June, despite concerns about consumers cutting back on spending.

    Macy’s Inc. reported that its total sales for the fiscal month of June increased 7.5% to $2.392 billion from $2.226 billion last year. The retailer reported a same-store sales increase of 6.7% for the month. 

  • PriceSmart profit, sales up in Q3

    San Diego -- Warehouse club operator PriceSmart reported Thursday that net income for the quarter ended May 31 rose to $16.3 million, compared with $12 million in the year-ago period.

    Sales surged 23.6% to $421.6 million, from $341.2 million.

    The company had previously announced it acquired 131,524 sq. ft. of land in Cali, Colombia, upon which it will build its second warehouse club in Colombia.
     

  • L.L. Bean launches mobile commerce site

    Freeport, Maine -- L.L. Bean has launched a mobile commerce website that allows shoppers the ability to search, browse, purchase and read product ratings and reviews from any Internet-enabled mobile phone.

    Key features of L.L. Bean’s new mobile shopping experience include: site search, store finder, L.L. Bean Visa Card coupon lookup, click to call customer service, ratings and reviews, e-mail sign up and complete product descriptions.

  • Brooks Brothers to open at Renaissance at Colony Park

    Ridgeland, Miss. -- Renaissance at Colony Park announced that Brooks Brothers is joining its tenant lineup and is scheduled to open a 7,500+-sq.-ft. store in Ridgeland, Miss., in November. Currently, the nearest Brooks Brothers stores to the Jackson (Miss.) metropolitan area are in New Orleans and Memphis.

    Other recent openings at Renaissance at Colony Park include Another Broken Egg Café and Apricot Lane Boutique. Opening soon are SOMA Intimates and Altar’d State Christian Stores.

  • Former Safeway exec joins commercial brokerage firm

    Former Safeway real estate executive Dan Clayton has joined Denver-based Laramie Company as VP leasing. He previously served as real estate director at Safeway and in his new role will focus on tenant representation and project leasing.

  • Office Depot and Citi renew private-label partnership

    Atlanta -- Citi announced Thursday that it has renewed its U.S. private-label credit card partnership with Office Depot.
     
    “The Office Depot Business Credit Card and the Office Depot Personal Credit Card both provide our customers with the increased spending power they need in these economic times,” said George Hill, senior VP store operations, Office Depot.

  • Discounting lifts June sales

    New York City -- Most retailers surprised Wall Street with better-than-expected monthly sales results in June, as bargains led shoppers to spend more. June is the second most important month on a retailers' sales calendar behind December. It is June that stores typically clear out summer merchandise to make room for fall goods.

  • Heritage Plaza, Irvine, Calif.

    The country’s largest Japanese supermarket chain will debut at Heritage Plaza, in Irvine, Calif.

    According to shopping center owner Regency Center, based in Jacksonville, Fla., it has leased 13,853 sq. ft. at Heritage Plaza to Mitsuwa Marketplace. The Asian grocer, which has eight other U.S. locations, including six in California, is slated to open in fourth quarter 2011, in a former Ace Hardware space.

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