Skip to main content

Retail

  • Ross Stores Q2 earnings beat estimates

    Pleasanton, Calif. -- Ross Stores Inc. reported a profit of $213 million for the second quarter, compared with $182 million last year and beating Wall Street’s expectations.

    Revenue rose 9% to $2.5 billion, matching forecasts. Same-store sales edged up 4%, compared to a 7% rise in the same period last year. However, the retailer expressed caution about the months ahead.

  • 3.1 Phillip Lim leases Bowery district flagship

    New York — Luxury apparel retailer 3.1 Phillip Lim has leased a 5,800-sq.-ft. store at 48 Jones Street in New York City’s Bowery district. The space includes a 3,500-sq.-ft. ground floor and a lower level with 2,300 sq. ft. The store is expected to open in the first quarter of 2014. 3.1 Phillip Lim also has a store in SoHo on Mercer Street as well as a third U.S. location in Los Angeles.

    In the transaction, RKF www.rkf.com represented the landlord, 48 Tenant’s Corp., and Town Real Estate represented 3.1 Phillip Lim.

     

  • Kohl’s supports women's health with new athletic collection

    MENOMONEE FALLS, Wis. — Kohl’s has unveiled a line of athletic apparel and accessories called Tek Gear, from the Kohl’s Cares cause merchandise program, and 100% of the net profit will go to support the fight against breast cancer.

  • Kentucky Oaks Mall signs two new retailers

    Youngstown, Ohio — Kentucky Oaks Mall in Paducah is welcoming two new tenants. Ulta Salon will open an 11,000-sq.-ft. store in October. Neel Thredz Spa opened in July in the Dick’s Sporting Goods concourse. The new salon specializes in eye aesthetics.

    The newly renovated mall encompasses more than one million sq. ft. It is owned and managed in association with Cafaro-affiliated companies.

     

  • Epicor Software names senior VP of Epicor Retail

    Dublin, Calif. – Epicor Software announced the appointment of Noel Goggin as senior VP and general manager of the Epicor Retail solutions business reporting to Epicor president and CEO Pervez Qureshi.

    In this strategic role, Goggin will have operating responsibility for the Epicor Retail solutions business which delivers a comprehensive retail management suite representing a complete range of advanced solutions for specialty, soft goods, and general merchandise retailers.

  • Tommy Hilfiger celebrates partnership with Autism Society San Diego

    NEW YORK — The Tommy Hilfiger Group enlisted actor Josh Bowman and professional surfers Kalani Robb, C.J. Kanuha and Alek Parker to participate in Autism Society San Diego's annual summer surf camp.

    In June, Josh Bowman and Kalani Robb, along with Gary Sheinbaum, CEO, Tommy Hilfiger North America and InStyle Magazine fashion director Cindy Weber-Cleary, co-hosted the opening event for the newest Tommy Hilfiger store opening in San Diego’s Fashion Valley Mall, benefitting the Autism Society San Diego.

  • University Village signs three new tenants

    Riverside, Calif. — University Village Shopping Center in Riverside, Calif., has inked five-year leases with three new tenants, according to NewMark Merrill Companies.

    • Amazon Toner, which refills ink and toner cartridges for 30% to 50% below retail, has taken 1,355 sq. ft.
    • House of Beauty has leased 1,866 sq. ft.
    • UC Bakery has signed a five-year lease for 1,433 sq. ft.

    University Center is a 178,020-sq.-ft. outdoor community center anchored by Regency Theatres.

     

  • Foot Locker Q2 up 12%

    New York -- Foot Locker's second-quarter net income increased 12%, partly due to a recent acquisition. (In July, the retailer completed its purchase of German athletic store chain Runners Point Group for $94 million.)

    For the period ended Aug. 3, the company earned $66 million, compared to $59 million a year ago. Its results were in line with expectations.

    Revenue rose 6.4% to $1.45 billion from $1.37 billion, in line with expectations. Same-store sales rose 1.8%.

X
This ad will auto-close in 10 seconds