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  • Canada’s Holt Renfrew expanding and remodeling chain

    Toronto -- Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga. The store, planned at approximately 120,000 sq.-ft., is part of the company's aggressive growth plan, which will result in a 40% expansion of the total square footage of Holt Renfrew's network.

    In addition to the new Square One site, a number of Holt Renfrew stores will be renovated and expanded, with some completely rebuilt.

  • Simon and Mitsubishi Estate open Shisui Premium Outlets in Japan

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

  • Restoration Hardware swings to loss in Q4, but edges forecasts

    Corte Madera, Calif. -- Restoration Hardware Holdings Inc. reported Friday a loss of $28.4 million for the quarter ended Feb. 2, compared with a profit of $24 million in the year-ago period. Results, impacted by costs associated with the company’s November 2012 IPO, edged analysts’ expectations.

    Revenue surged 30% to $398.1 million from $305.2 million last year, beating Wall Street’s forecast of $390.5 million. Same-store sales advanced a hefty 26%.

  • Francesca's names PetSmart, Spanx execs to board

    Houston -- Francesca's Holdings Corp. said Friday it has appointed Laurie Ann Goldman and Joseph O'Leary to its board of directors, effective April 17.

    Goldman is CEO of shapewear brand Spanx. Earlier in her career, she held marketing positions at R.H. Macy and Maison Blanche Stores.    

    O'Leary is EVP merchandising, marketing, supply chain and strategic planning for PetSmart.

     

  • Garden City Center launches phase II of revitalization

    Cranston, R.I. -- Boston-based The Wilder Cos. said Thursday that the second phase of the multi-phased strategy to expand, reconfigure and redevelop Garden City Center, in Cranston, R.I., is officially underway.

    The project involves turning vacant former large-format retail spaces into a mix of mid-sized and smaller specialty retailers, including the state’s first Corner Bakery Café which signed a multi-year lease.

  • RadioShack beefs up executive team; new prototypes in works

    Fort Worth, Texas -- RadioShack Corp. formally announced that it has named two new leaders to its senior management team. Michael DeFazio has been named SVP – store concepts, and Jennifer Warren has been named SVP and chief marketing officer.

  • New tenants coming to Northshore Town Center

    Knoxville, Tenn. -- CHM said that its Northshore Town Center mixed-use property will add First Tennessee Bank and ORNL Federal Credit Union to its tenant roster.

    The two financial institutions will join fast-casual pizza restaurant Uncle Maddio’s, scheduled to open its first Tennessee location at Northshore Town Center later this spring.

  • Howard Hughes Corp. taps RKF to lease South Street Seaport

    New York -- Following unanimous approval in March by the New York City Council for the redevelopment of Pier 17, The Howard Hughes Corp. said it has named RKF as the exclusive consultant and leasing agent for the South Street Seaport.

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