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eCommerce

  • Fairway Market grocery chain to go public

    New York -- New York City-based supermarket chain Fairway Market is going public. The company said in a regulatory filing Thursday that it expects its stock to price in the range of $10 to $12 per share as it looked to raise as much as $164 million.

    Fairway operates 12 locations in the greater New York City metro area and in on track to open a store this summer in Manhattan's Chelsea neighborhood and one in Nanuet, N.Y, in the fall.
     

  • Laura Pomerantz Real Estate makes Manhattan debut

    New York -- Real estate industry veteran Laura Pomerantz said Monday she has launched a new firm, Laura Pomerantz Real Estate, focused on retail and office real estate transactions.

    “As the retail landscape continues to evolve and companies re-evaluate their real estate portfolios, we look forward to working closely with our clients to develop both domestic and global real estate strategies that best facilitate growth and defines their brands,” said Pomerantz, founder and president, New York City-based Laura Pomerantz Real Estate.

  • Study finds ‘retail therapy’ still common

    San Francisco -- More than half of Americans shop and spend money to improve their moods, according to a new survey.

    The study, by Ebates.com, found that 63.9% of women engage in “retail therapy,” compared with 39.8% of men, and the belief that it improves moods was found among 39.2% of women, compared with 20.6% of men. The survey was conducted online by TNS Global and included 1,000 adults.

  • GBT Realty completes construction at McPherson Place

    Laredo, Texas -- Brentwood, Tenn.-based GBT Realty said Wednesday it has completed construction of a new shopping center that is home to four new retailers. The fully occupied McPherson Place, in Laredo, Texas, is tenanted by James Avery, Orange Leaf, Starbucks Coffee and AT&T. All four stores are open for business.

    “The quality of this location allowed us to completely fill the center with an outstanding list of retailers,” said Fraser Schaufele, VP leasing at GBT.

  • Sports Chalet launches order today, deliver today service

    Los Angeles -- Sport Chalet announced the company-wide implementation of order today, deliver today service. With this new service Sport Chalet customers can order merchandise and have it delivered the same day.

  • Abercrombie & Fitch reveals international expansion plans

    New York -- In its annual report filed Tuesday, Abercrombie & Fitch revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores. The news sent the teen retailer’s shares rising on Wednesday.

    The company also said in the report that it is maintaining its focus on boosting profitability by simplifying processes, eliminating less-profitable parts of its business, shoring up efficiencies and cutting expenses.

  • Study: DSW is America’s favorite shoe retailer, followed by Nordstrom

    Boulder, Colo. -- In survey results released Wednesday by Market Force Information, DSW was named America’s No. 1 shoe retailer by more than 4,000 consumers polled.

    Nordstrom, Nike, Shoe Carnival and Famous Footwear rounded out the top five.

  • Bebe names chief merchant

    Los Angeles - Bebe stores announced Wednesday it has named Katrina Glusac as chief merchandising officer, effective immediately.

    In her new role, Glusac will lead the merchandising, visual merchandising and planning & allocations teams in defining and building the brand’s merchandising offerings across all categories.
     
    Most recently, Glusac served as chief merchant and VP merchandising at ShoeDazzle.com. Prior to that, she was divisional VP and general merchandising manager of Guess.

     

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