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Retail

  • Restoration Hardware bolsters board with tech exec

    Restoration Hardware has appointed Katie Mitic to its board of directors. Mitic, who will also serve on the board’s audit committee, has nearly 20 years of strategic product, marketing and business development experience.

    “We are thrilled to have Katie join RH’s board. Her entrepreneurial mindset and digital expertise will be invaluable as we continue to evolve and enhance the ways in which we connect with our customers,” said Gary Friedman, chairman, creator, curator, and co-CEO.

  • Jos. A. Bank open to upping bid for Men’s Wearhouse

    Hampstead, Md. -- Jos. A. Bank Clothiers said that it will consider increasing its $2.3 billion buyout offer for Men's Wearhouse. The retailer also said that it would drop its proposal in two week if Men's Wearhouse did not enter into discussions.

     In a letter sent to Men's Wearhouse CEO Douglas Ewert, Jos. A. Bank chairman Robert Wildrick said that if the talks are not held by that date it will pull its offer so that it can consider other strategic options that it has been investigating.

  • Century 21 teams up with Hobson to offer same-day delivery in Manhattan

    New York -- Century 21 Department Store has joined forces with retail concierge service Hobson to offer same-day delivery to hotels and homes in Manhattan from the retailer’s downtown flagship location.

  • Rite Aid sees comps increase in October

    Rite Aid's same-store sales increased by 2.1% this month compared with October 2012. The pharmacy chain also issued an estimate of the negative effects of Hurricane Sandy on its sales.

    The increase included a 0.6% decrease in front-end same-store sales and an increase in pharmacy same-store sales of 3.4%, which were lowered by 0.85% due to introductions of new generic drugs. Same-store script count increased by 1.1%. Total sales for the month were $1.961 billion, a 2.2% increase over October 2012. The chain currently operates 4,599 stores.

  • Toms deploys Oracle Commerce platform

    Redwood Shores, Calif. – Toms — the company that gives a pair of its shoes or provides eye care to a person in need for every corresponding purchase — has deployed the Oracle Commerce platform to support its rapid business growth and international expansion.

  • Q2 same-store sales drop at Hhgregg

    A decrease in same-store sales in the consumer electronics and computing and wireless categories at Hhgregg, partially offset by an increase in the appliance and home products categories, resulted in a comparable-store sales decrease of 6.2% for the second quarter ended Sept. 30.

    The appliance category comparable-store sales increase was driven by an increase in the average selling price. The home products category comparable-store sales increase was primarily a result of sales from the introduction of furniture and fitness equipment.

  • Asics to open in Chicago’s Bucktown area

    Chicago — Athletic shoe and apparel retailer ASICS has signed a 5,254-sq.-ft. lease in Chicago’s Bucktown area. According to RKF, who represented the landlord, 1630 Damen LLC c/o Jenel Management Corporation in negotiations for the long-term lease, this will be Asics’ first store in the Midwest and third in the United States when it opens early next year.  

    Blatteis & Schnur represented Windsor Financial Group, an independent licensee of AsicsAmerica in negotiations.

  • MBH Architects announces appointments, business development hire

    Alameda, Calif. -- MBH Architects appointed team members Eddie Hall and Joanna Wong to associates and has hired Paula DeLiso as its new business development representative.

    As an associate, Eddie Hall will be taking on more of a leadership role within the internal operations of the company while maintaining his position in MBH’s retail studio, where he recently worked on Portland CityTarget.

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