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  • Glimcher acquires University Park Village for $105 million

    Fort Worth, Texas -- Columbus, Ohio-based Glimcher Realty Trust announced Monday the acquisition of University Park Village, an open-air center located in Fort Worth, Texas.

    The 173,220-sq.-ft. center is 97% occupied, generates sales of more than $800/sq. ft., and is tenanted by Apple, Anthropologie, J. Crew, Lululemon Athletica and Madewell, among others.

    Glimcher purchased University Park Village for $105 million.

  • NRF to recognize ‘the Chief’ at special luncheon

    NEW YORK — The National Retail Federation will present Ohio Council of Retail Merchants president and CEO John C. Mahaney Jr., known as “the Chief,” with the J. Thomas Weyant Lifetime Achievement Award at NRF’s Annual Convention and EXPO next week in New York.

  • Perry Ellis pilots Starmount mobile POS, launches chainwide rollout

    Austin, Texas -- After a successful pilot during the 2012 holiday season, Starmount announced Tuesday that Perry Ellis International complete a chainwide rollout of Starmount mobile selling solutions in the first quarter.

  • From Hut to Haute: The Evolution of Outlet Center Shopping

    By Ann Natunewicz, national manager, Retail Research, USA Retail Services Group

    The outlet shopping experience has morphed from warehouse settings offering damaged and closeout merchandise to today’s centers that are designed to maximize customer flow and sell merchandise from the most exclusive international designers.

  • Gymboree names former Gap exec as CEO

    San Francisco -- Gymboree Corp. announced Tuesday that it has appointed Mark Breitbard as CEO, effective Jan. 14. Breitbard joins Gymboree from Gap Inc., where he was president of Gap North America.

    He also has served as EVP of GapKids and babyGap.

    Breitbard succeeds interim CEO Kip M. Garcia, who will resume his former duties as president. Garcia stepped in when former CEO Matthew McCauley resigned last September.

    Interim COO Yvonne Hao will return to her role as an operating partner at Bain Capital.

     

  • Tuesday Morning sales rise in Q2

    Dallas -- Tuesday Morning Corp. reported Tuesday that sales for the quarter ended Dec. 31 rose 4.5% to $285.3 million, compared with $273.1 million in the year-ago quarter.

    Same-store sales increased 5.6%.

    Tuesday Morning also reported that beginning with this second quarter sales report it will no longer provide net income estimates with sales figures, but will instead consolidate that information in its earnings reports.

     

  • American Apparel’s e-commerce sales on the rise since implementing Oracle platform

    Redwood Shores, Calif. -- American Apparel, which launched a new Oracle e-commerce platform in the fall, has continued to deliver an increase in e-commerce sales, with a more than 38% increase over the same period last year. December 2012 sales increased more than 59% over December 2011, with December coming in as the highest sales month in the history of the company’s online business.

  • Gymboree launches new iPad app

    PALO ALTO, Calif. — Children’s clothing brand retailer Gymboree has launched a new iPad app, powered by Revel Touch Merchandising Suite, to create a touch-optimized shopping experience that introduces consumers to new ways to explore and purchase the brand's clothing and accessories.

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