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Retail

  • Stuart Weitzman launching online pop-up shop on Gilt

    New York -- Upscale footwear brand Stuart Weitzman is partnering with the online shopping destination, Gilt, to launch a digital pop-up shop, created exclusively by Gilt.

    The online pop-up will celebrate the twentieth anniversary of Stuart Weitzman’s iconic, over-the-knee 5050 boot and feature a 20-piece Anniversary Collection, which includes ten limited-edition styles.

  • Changing of the guard at Hibbett Sports

    Hibbett Sports has put its succession plan into motion. Effective Feb. 2, 2014, Mickey Newsome will go from executive chairman of the board and CEO to non-executive chairman. Additionally, president and CEO Jeff Rosenthal has been appointed to the board, bringing the total number of members 10.

  • Report: Target tests hands-on electronics department

    Minneapolis – Target Corp. is reportedly testing a “hands-on” electronics department with a minimalist format that harkens back to Apple stores and brightly lit displays that encourage shoppers to try out sample consumer electronics products. According to the Minneapolis Star Tribune, Target is testing the concept at stores in Brooklyn Park, Mankato, Ridgedale and the Quarry location in Minneapolis, as well as outside Minnesota.

  • Macy’s deploys advanced fuel cell technology from Bloom Energy

    Cheshire, Conn. -- Macy's and Bloom Energy announced that an innovative clean electricity generation system has been installed at Macy’s online fulfillment center in Cheshire, Conn. The servers, from Bloom Energy, use an advanced solid oxide fuel cell technology to produce electricity on-site.

  • Retail store traffic down more than 7% during government shutdown

    Chicago -- Although the first government shutdown in 17 years lasted 16 days, it left an impact on more than just the workers sent home after lawmakers failed to arrive at a deal to end the spending and debt stalemate. Total retail store shopper traffic during the week of Sept. 29 to Oct. 5 decreased 7.5% compared to the same time period last year, according to ShopperTrak, a leading provider of shopper analytics.

    The Washington, D.C. area saw an even greater decrease, with an 11.4% decline in year-over-year shopper traffic the week of Oct. 6-12.

  • Consolo and Aquino Bring Intimacy to Flatiron

    New York — INTIMACY (bra fit stylists) has opened a lingerie shop at 104 Fifth Avenue in the New York City’s Flatiron retail district. Faith Hope Consolo Chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group, represented the landlord in the transaction. Stacey Robins Realty represented INTIMACY.

    Other national and international brands with stores in the area include Aldo, Anthropologie, Banana Republic, Coach, J.Crew, Kenneth Cole and 7 for all mankind.

     

  • JLL: Metro Seattle job market drives mixed-use sale

    Seattle — Jones Lang LaSalle’s Capital Markets group has announced the sale of Slater 116, a mixed-use property in Kirkland, a Seattle suburb. The property features 108 apartments and more than 10,000 sq. ft. of ground floor retail space. Essex Property Trust bought the recently completed property from Mainstreet Property Group for $29.6 million.

  • Sainsbury to open first dedicated online DC

    Leading U.K. food retailer Sainsbury just past online grocery sales of £1 billion ($1.6 billion U.S.) and to celebrate the occasion announced plans to open its first dedicated online fulfillment center in east London.

    Home delivery of grocery is more commonplace in the U.K., especially London, where higher population densities and prohibitively high fuel prices discourage vehicle ownership.

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