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Mass Merchant

  • WINK will open in SoHo

    New York City — Robert K. Futterman & Associates said it has secured a 1,500-sq.-ft. retail space for women’s apparel brand WINK at 129 Prince St., located between Wooster and Prince Streets in SoHo.  

    WINK, which currently has a store at 155 Spring St., is scheduled to open its new Manhattan location this summer.  

     The new store will join co-tenants Apple, Lucky Brand, Cole Haan, Michael Kors and Ralph Lauren.

  • DSW completes merger with Retail Ventures

    COLUMBUS, Ohio— DSW Inc. and its largest shareholder, Retail Ventures have completed their previously-announced merger.

  • Nordstrom to close downtown Indianapolis store

    Seattle — Nordstrom announced plans to close its Circle Centre store in downtown Indianapolis, Ind.   Opened September 8, 1995, the 216,000-sq.-ft.  location will close to the public at the end of business on July 31, 2011. 

    The retailer will continue to operate a nearby location at The Fashion Mall at Keystone, Ind..  It will open  a Nordstrom Rack store at the Shops at Rivers Edge in September.

  • Target reveals initial locations in Canada

    Minneapolis  — Target Corp. on Thursday unveiled the first wave of the Zellers sites it will be taking over in Canada, representing 105 locations in all 10 Canadian provinces.  The vast majority of the sites will become Target stores after securing the necessary construction approval for extensive renovation. The stores will open beginning in 2013.

  • Best Buy gets taste of medicine it gave Walmart

    Have you seen the new ad campaign from Newegg.com? The online electronics retailer recently began airing spots that take aim at Best Buy the same way ads Best Buy ran back in 2009 took aim at Walmart.

  • Joplin tornado victims get help from Walmart

    Walmart has pledged $1 million in relief efforts to help the tornado victims in Joplin, Mo. It also is working to direct truckloads of water, food and other basic items to Joplin.

    The company reported that its Joplin store number 59 was able to implement its severe weather safety plan and help save hundreds of lives. However, the Walmart store near Rangeline Road was significantly damaged, as the company reported the tornado went through the building causing some injuries and fatalities.

  • Cars 2 races into Toys"R"Us

    WAYNE, N.J. — Toys"R"Us announced that it will open Cars 2-inspired “racetrack” boutiques in nearly 1,300 toy stores across the globe in time for the June 24 release of the feature film.

    The company is opening the in-store boutiques in the United States on June 1 and will open additional boutiques internationally to coincide with the movie's release in each respective country. Toys"R"Us has also launched a dedicated Cars 2 website at Toysrus.com/Cars2.

  • Collective Brands earnings, comp down in Q1

    Topeka, Kan. — Collective Brands reported that first-quarter 2011 net earnings were $26.4 million, or 42 cents per share, compared with $54.2 million, or 83 cents per share, in the first quarter of 2010.

    The company reported that net sales decreased 1.1% to $869 million. Same-store sales were down 7.4%. 

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