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News Briefs

  • 6/3/2024

    JCPenney celebrates LGBTQ+ Pride Month with special collection

    Penney Pride Month 2024

    JCPenney is featuring a limited-edition assortment of apparel items from designers identifying as members of the LGBTQ+ community.

    In recognition of LGBTQ+ Pride Month this June, the department store retailer is releasing its third annual Hope & Wonder Pride Month Collection. Net profits from the assortment will benefit the non-profit Point Foundation, the nation’s largest scholarship-granting organization for LGBTQ students in postsecondary education.

    The 2024 collection’s theme is "Standing with Pride," which served as inspiration for the designs developed by JCPenney’s Creative Coalition, a cross-functional team of diverse designers who identify as members of the LGBTQ+ community and are featured in the photoshoot for the collection with members of the Pride business resource team (BRT), an internal group dedicated to creating a more inclusive workplace, and Point Foundation alumni.

    Funds donated by JCPenney will support Point Foundation’s Community College Scholarship program. To date, JCPenney has funded 20 community college students throughout the United States.

    Hope & Wonder is JCPenney’s private label brand that celebrates cultural observances throughout the year, including Black History Month, Women’s History Month, Asian American and Pacific Islander Heritage Month, Pride Month, Juneteenth, and Hispanic Heritage Month.

    In addition to corporate contributions, all net profits from Hope & Wonder sales are donated to nonprofits selected by JCPenney associates. Since Hope & Wonder launched in 2022, JCPenney has invested more than $1 million in Hope & Wonder partnerships.

    Hope & Wonder brand campaigns include JCPenney associates, community leaders, and members of the JCPenney Creative Coalition.

    JCPenney, which emerged from bankruptcy in late 2020 under new owners Brookfield Asset Management and Simon Property Group, currently operates 650-plus stores across the U.S. and Puerto Rico.

  • 6/3/2024

    Las Vegas outlets celebrate National Outlet Shopping Day

    Simon

    National Outlet Shopping Day, the annual shopping event hosted by Simon’s Premium Outlets and The Mills properties, will take place on June 8 and 9 at Las Vegas North Premium Outlets and Las Vegas South Premium Outlets.

    Highlights of this year’s savings that shoppers will find at both centers include:

    • Coach: Shoppers can enjoy savings of up to 70% and receive a complimentary fragrance gift with every purchase.
    • Adidas Outlet Store: Take an additional 20% off your entire purchase.
    • Pandora Outlet: Buy two items and get one free on last chance items.
    • Sunglass Hut: Get 50% off the second pair of sunglasses.

    In addition to savings, Las Vegas North Premium Outlets will feature on-site activations such as free photo opportunities with Las Vegas Showgirls and an Elvis impersonator, a DJ, a spin-to-win prize wheel, and more.

    Meanwhile, Las Vegas South Premium Outlets will offer photo opportunities throughout the center, face painting, balloon artistry, a spin-to-win prize wheel, DJs, and more. 

    Simon Property Group’s portfolio of outlet malls includes Woodbury Common Premium Outlets, Orlando International Premium Outlets, Desert Hills Premium Outlets, and Wrentham Village Premium Outlets.

  • 6/3/2024

    Trademark acquires South Florida lifestyle center

    Legacy Place

    Trademark Property Company has added a new mixed-use center in a premier location.

    The real estate firm has announced it will assume management of Legacy Place, a 427,000-sq.-ft. super regional shopping center on 43 acres located in Palm Beach Gardens, Fla. Located in Palm Beach County, the center is anchored by Barnes and Noble, Ethan Allen, The Container Store, Total Wine, Best Buy, The Capital Grill, and more, and also features traditional retail, restaurant, office, health and wellness and service uses to cater to the area’s growing population.

    Since 2022, Legacy Place has executed over 96,000 sq. ft. of new leases while making significant streetscape, landscape and access improvements to accommodate demand.

    “South Florida continues to experience high growth and demand, and we are thrilled to expand our national portfolio into this thriving market with Legacy Place,” said Nancy San Pedro, senior VP of asset management at Trademark. “We look forward to building on the success Legacy Place has already seen by implementing our proven approach to leasing and merchandising, community-focused programming and creative placemaking strategies.”

    Trademark’s mixed-use, retail and institutional services portfolio now spans 18 properties and includes Galleria Dallas, Lincoln Square, Left Bank, WestBend, Waterside, 5000 S Hulen and Alliance Town Center in Dallas-Fort Worth; Market Street – The Woodlands in The Woodlands (Houston); Annapolis Town Center in Annapolis, Maryland; and North Point in Alpharetta (Atlanta); among others.

  • 5/31/2024

    Bark names new chief DTC officer

    Bark

    Direct-to-consumer (DTC) dog supplies retailer Bark, Inc. has added a former leader to its C-suite.

    Meghan Knoll will rejoin the company as chief direct-to-consumer officer, effective June 3, and will lead the company's DTC operations. She will report to Bark founder and CEO Matt Meeker.

    Most recently, Knoll served as the CEO of Cat Person, a subscription-based cat food company backed by Harry’s Labs. Prior to that, she spent over seven years at Bark, where she held various roles, including general manager of Super Chewer, one of the brand’s subscription programs, and more recently, senior VP of DTC. Before her time at Bark, she held senior roles at Nickelodeon and Viacom.

    “On behalf of the entire team, I am thrilled to welcome Meghan Knoll back to Bark,” said Meeker. “During her seven-year tenure with us, Meghan made significant contributions across the organization, including leading our Super Chewer product from inception to becoming our second-largest revenue generator. Meghan will rejoin us to drive accelerated growth of our DTC channel. Alongside Michael Black and Michael Parness, two recent leadership hires, I believe we have an exceptional commercial team poised to drive profitable, long-term revenue growth.”

    Founded in 2011, Bark serves pet parents nationwide with themed toys and treats subscription programs, BarkBox and Bark Super Chewer, as well as custom product collections through its retail partner network, including Target and Amazon.

    “The team has made impressive progress within the direct-to-consumer channel in the past 18 months,” said Knoll. “I am confident that we are primed to capitalize on that work and drive exceptional new customer experiences and sustainable long-term channel growth.”

  • 5/30/2024

    Belk to expand outlet store format — here’s where

    Belk Outlet

    Belk is growing its outlet location in its home state of North Carolina. 

    The latest addition to the Belk Outlet lineup will open at the Northlake Mall in Charlotte, N.C. in September 2024.  The department store retailer will continue to operate its traditional store on the first level of the Northlake Mall, while work begins in June on transitioning the second level into a Belk Outlet. 

    “Tjos concept allows customers to continue to shop for all their favorite products at the traditional store, while offering them a chance to hunt for other discounted high-end and designer national brand treasures at the outlet within the same building,” Belk stated.

    The merchandise at Belk Outlets comes directly from traditional Belk stores, in addition to value fashion and home merchandise purchased specifically for the outlet locations.

    Belk debuted its outlet format  in January 2023, converting its store in Greeneville, Tenn., into the first-ever Belk Outlet. It has since opened 16 additional locations. 

    "We're excited to bring the Belk Outlet shopping experience to our hometown customers," said Don Hendricks, CEO of Belk. "This is a fantastic opportunity for customers to shop a large range of designer and high-end national brands at additional savings. Customers across our footprint are loving the Belk Outlet offerings, so we're looking forward to adding this new location."

    Charlotte-based Belk has nearly 300 Belk stores in 16 Southeastern states. Last year, the company expanded national brand product offerings by adding over 180 new brands.

     

     

  • 5/31/2024

    Lululemon’s former chief product office heading to Vans

    Vans

    VF Corp. has appointed a new leader of its struggling Vans brand.

    The apparel and footwear giant, whose brands also include Timberland, The North Face and Dickies, named Michelle (“Sun”) Choe as global brand president, Vans, beginning in late July. Her appointment comes a week after VF reported its fourth-quarter results, which saw Vans revenue fall 26% compared to the year-ago period.

    Choe joins Vans from Lululemon, where she spent seven years as chief product officer, overseeing women's, men's, accessories design, merchandising, innovation, product development, and planning and allocation. Choe resigned from Lululemon last week.

    Prior to joining Lululemon in 2016, Choe was chief global product merchant at Marc Jacobs from 2015 to 2016. From 2013 to 2015, she was senior VP, merchandising at West Elm, and from 2011 to 2013, she was senior VP at Madewell. Before that, she held various positions at Urban Outfitters, Levi’s and Gap.  

    “Sun is a strong leader who is focused on consumer insight and has a proven track record of driving brand heat, and translating it into financial results,” said  Bracken Darrell, president and CEO, VF. “I am confident that Sun is the right leader to take Vans to new heights. With Sun’s appointment, we are further transforming the VF leadership team to ignite growth across our brands and enhance value for our shareholders and other stakeholders.”

    At Vans, Choe succeeds Kevin Bailey, who departed in October.

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