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Retail

  • Foot Locker unveils new fitness concept store

    New York -- Foot Locker announced Tuesday the introduction of SIX:02, an elevated retail concept featuring fitness apparel and athletic footwear for women.

    The first three stores will open for the holiday season in Stamford Mall in Stamford, Conn., Willowbrook Mall in Wayne, N.J., and North Star Mall in San Antonio, Texas.

    SIX:02's concept is based on being the first-to-market design around a broad assortment of women’s athletic brands in an environment created specifically for that female customer, according to Foot Locker.

  • JLL: Shopping centers focus on digital media this holiday season

    Atlanta -- Jones Lang LaSalle released a forecast suggesting that shopping centers will be pulling out all the digital stops this holiday season to engage and interact with consumers to influence purchasing decisions.

  • Study: Half of consumers to buy luxury items in next six months

    New York -- Survey results released Tuesday by Accenture found that half of U.S. consumers are likely to make a small luxury purchase in the next six months, including 53% who are likely to purchase specialty food or drinks, 48% to purchase luxury clothing and 48% to purchase luxury personal care products.

  • TJX Q3 profit rises

    Framingham, Mass. -- TJX Cos. reported Tuesday that net income for the quarter ended Oct. 27 rose to $461.5 million, from $406.5 million last year.

    Sales rose 10.7% to $6.41 billion; same-store sales climbed 7%.

    The parent to T.J. Maxx and Marshalls said it expects same-store sales during the holiday quarter to be flat to up 2%.

     

  • TJX Q3 profit rises, forecasts falls short

    Framingham, Mass. -- TJX Cos. reported Tuesday that net income for the quarter ended Oct. 27 rose to $461.5 million, from $406.5 million last year.

    Sales rose 10.7% to $6.41 billion; same-store sales climbed 7%.

    The parent to T.J. Maxx and Marshalls said it expects same-store sales during the holiday quarter to be flat to up 2%.

     

  • Study: Consumers ready to splurge on luxury items

    New York -- Survey results released Tuesday by Accenture found that half of U.S. consumers are likely to make a small luxury purchase in the next six months, including 53% who are likely to purchase specialty food or drinks, 48% to purchase luxury clothing and 48% to purchase luxury personal care products.

  • A&G Realty to manage resolution of 258 Fashion Bug leases

    Melville, N.Y. -- A&G Realty Partners said Tuesday it has been retained by Charming Shoppes to exclusively manage the resolution of all remaining Fashion Bug real estate leases in the United States.

    On June 14, Ascena Retail Group acquired Charming Shoppes and announced plans to cease operating and close down the Fashion Bug arm by early 2013.

    "We're pleased to be working with A&G Realty Partners to wind down our remaining Fashion Bug store leases,” said Jonathon Graub, executive VP real estate, Charming Shoppes.

  • Burton, New York City

     Burton Snowboard's newly renovated SoHo flagship serves as a showcase for the brand's homey New England image. Featured elements include a vintage chairlift, a wood cabin made from reclaimed timbers and a snowboard fabrication press. The design restores the original building of the historical building while incorporating authentic bare wood, reclaimed wood and distressed steel.

    Design: Verdego Design, Venice Beach, Calif.

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