Skip to main content

Retail

  • Allen Edmonds, King of Prussia, Pa.

    An American classic — Allen Edmonds — has opened a prototype whose environment focuses on its lifestyle offerings while also honing in on the timeless, masculine essence of the 95-year-old brand.    

  • Glimcher veteran joins Steiner as executive VP

    Thomas “TJ” Drought, who spent nearly 20 years in the employ of WP Glimcher, has joined Steiner + Associates as an executive VP.  

  • Study: A majority of millennials shop online for groceries

    When it comes to shopping for groceries, millennials are apparently no fan of supermarkets.   Nearly two-thirds of millennials shop online weekly for groceries, and this demographic has the potential to transform the retail grocery business, according to new research released by Clavis Insight.  

  • Report: Online retailer’s sample sale gets ‘social’

    Specialty retailer Bow & Drape is putting a new spin on how it sells its cheeky merchandise.   The brand, which lets shoppers customize pun-inspired apparel, is rolling out sample sales on Instagram, Glossy said.   

  • Round 1 to take Macy’s Space at Northwoods Mall

    Round 1, the retail center amusement concept from Japan, has signed a lease for the vacated Macy’s anchor space at Northwoods Mall in Peoria, Illinois. Washington Prime Group, the mall’s owner, purchased the store from Macy’s last month.   Washington Prime CEO Lou Conforti hailed the singing as an example of a corporate objective to use redevelopment to foster “differentiated tenancy, especially dining and entertainment alternatives.”  

  • NRF: The nation’s labor secretary must ‘put the American economy ahead of partisan politics’

    The National Retail Federation has high expectations for the nation’s next secretary of labor.   On the heels of Alexander Acosta’s nomination to head the federal Department of Labor on Thursday, Feb. 16, the retail trade association’s senior VP for government relations David French released the following statement:  

  • VF Corp. sales slip in Q4

    An inconsistent U.S. marketplace and the sale of one of its business units contributed to lower fourth quarter sales for VF Corp.   The company, whose brands include The North Face and Timberland, reported that its net sales fell 0.1% to of $3.2 billion, for the quarter ended Dec. 31, 2016.    Total revenue came in at $3.3 billion, down 0.2%.  

  • Early Internet sensation goes private

    The $500 million sale of online diamond and jewelry retailer Blue Nile has been completed.   The company was acquired by an investor group comprised of Bain Capital Private Equity, Bow Street and Adama Partners for $40.75 per share in cash. The transaction, first announced on Nov. 7, 2016, was approved by shareholders on Feb.2, 2017.  
X
This ad will auto-close in 10 seconds