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Retail

  • The Container Store to go public

    New York -- The Container Store late Monday filed a registration statement with the Securities and Exchange Commission for an initial public stock offering.

    The retailer, which operator of 62 stores in 22 states with annual sales of $702 million,  said it sees the potential for  c as many as 300 U.S. Locations,  with international growth also a possibility. It expects to open six stores during the current fiscal year and seven stores next year.

  • New Fairway Market to open in TriBeCa in 2014

    New York -- Fairway Group Holdings Corp., parent company of the Fairway Market grocery chain, has signed a long term lease to open a 52,242-sq.-ft .grocery in Manhattan's TriBeCa neighborhood with commercial realtor Jack Resnick & Sons.

    This store is expected to open in fall 2014. It will be the first Fairway location in Lower Manhattan and the 16th Fairway food store in the tri-state New York, New Jersey and Connecticut region.

     

  • Petco opens at Levin-managed Hamilton Plaza

    Hamilton Township, N.J. — A 13,640-sq.-ft. Petco has opened at Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, which manages and leases the 175,515-sq.-ft. property. Ripco served as the tenant’s broker in the transaction.

  • Saks Off 5th online store is live

    Saks Off 5th has launched its online store, saksoff5th.com. It joins a list of closeout retailers that are getting comfortable in the e-commerce market. The online store will offer up to 55% off merchandise year-round.

  • Frederick’s of Hollywood receives proposal to go private

    Hollywood, Calif. – On Sept. 26, 2013, the board of directors of Frederick’s of Hollywood Group Inc. received a non-binding proposal letter from a consortium of HGI Funding LLC, TTG Apparel, LLC, Tokarz Investments, LLC, Fursa Alternative Strategies LLC, and Arsenal Group LLC to acquire all of the outstanding shares of its common stock.

  • Lands' End dons new merchandising design chief

    Lands' End has named Michele Donnan-Martin as the company’s EVP and chief merchandising design officer. Donnan-Martin will report directly to CEO and president Edgar Huber.

    She will be charged with leading all aspects of merchandising and design to ensure alignment of product development, price point strategies and design aesthetic to embrace and further build upon the Lands' End's brand. 

  • Macy’s plans 4% boost in holiday hiring

    Cincinnati -- Macy’s, Inc. plans to hire seasonal associates for approximately 83,000 positions at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2013 holiday season. The company’s 2013 seasonal hiring plan will bring on approximately 4% more temporary workers than the 80,000 holiday employees it hired in 2012.

  • NRF announces CMO Council

    The National Retail Federation has announced the development of a new chief marketing officer council to serve as an advertising and marketing voice for the retail industry. The organization’s Retail Advertising and Marketing Association will transition into the newly created council.

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