Retail

New York -- Saks Fifth Avenue is introducing a new creative campaign called “Look” that the retailer said will focus on its reputation as a place of discovery and be delivered to consumers via media including advertising, catalogs, shopping bags, direct mail, press initiatives, in-store events, digital marketing, social media and visual displays.

New York – Improvements in real home prices, initial unemployment claims and real wages drove an increase in the Deloitte Consumer Spending Index last month. The Index, which comprises four components of tax burden, initial unemployment claims, real wages and real home prices, rose slightly in May to 4.27 from a reading of 4.12 the previous month.

New York -- Despite continuing economic uncertainty, new data from KPMG indicates retailers are ready to invest capital to spur growth this year. The 2013 KPMG Retail Outlook Survey shows that 85% of retail executives expect capital spending will increase or remain the same during the next year. When asked where they will increase spending most, executives most frequently cited geographic expansion (61%), IT (40% and advertising and marketing/branding (24%).

Canton, Mass. -- Dunkin’ Donuts provided highlights of its new store design, the brand's first in nearly seven years. The new layout and contemporary look maintains the brand's focus on helping people get in and get on their way, while incorporating new features to create a warm environment for guests who seek a longer, more relaxed visit.  Inviting seating areas include updated furniture and lighting, as well as convenient electrical outlets and bar top areas for smartphones and computers.

Dallas -- Cypress Equities Real Estate Investment Management has announced the acquisition of Lloyd Center in Portland, Ore. The enclosed, three-level 1,478,000-sq.-ft. regional shopping center is located near downtown close to the Convention Center, Rose Garden Arena and Memorial Coliseum.

Ann Arbor, Mich. -- Domino’s is offering a new program called “Second Hand Logos” on Pinterest. Ten artists are using old materials featuring the old Domino’s logo, such as uniforms and signage, to create artwork which is displayed for sale on Domino’s Pinterest page. In addition to selling products, the Pinterest page will also provide updates on art projects and information on the artists. A separate dedicated e-commerce page will also bring visitors directly to the Domino’s Pinterest page.

New York -- Foot Locker has received approval from the Federal Cartel Office in Germany to complete its acquisition of Runners Point Warenhandelsgesellschaft mbH (RPG), initially announced in May 2013. RPG is majority owned by private equity group Hannover Finanz and operates more than 200 specialty athletic retail stores in Germany, Austria, The Netherlands and Switzerland under various banners, as well as an e-commerce site.

The transaction, valued at roughly $94 million, is expected to close early next month.

Long Beach, Calif. -- Nordstrom announced plans to close its Long Beach City Place Nordstrom Rack store in Long Beach, Calif. Originally opened in August 2002, the 33,000-sq.-ft. store will close to the public in late January 2014.

The company will continue to serve customers at three nearby Nordstrom Rack locations in Lakewood, South Bay and Edinger.