News

CSA to select ‘Top Redevelopers’ for 11th-annual listing
New York -- Chain Store Age magazine is accepting nominations for its 11th annual “Top Redevelopers” listing, which recognizes shopping center owners and developers’ retail redevelopment efforts over the last 12 months. Selections will be based on square footage redeveloped between June 30, 2014 and June 30, 2015, financial investment, and project significance.
Gallup: Consumers say ‘meh’ to digital wallets
Washington, D.C. – Despite all the hype surrounding Apple Pay and other digital wallet solutions, so far consumer response to the digital wallet phenomenon has been one big shrug of the shoulders.

Gallup analysis shows that only 13% of U.S. adults with a smartphone have a digital wallet on their device.

Plug and Play’s CEO Corner: Ruchika Kumar, SKU IQ

Meet Ruchika Kumar, CEO of SKU IQ, a tech-start-up participating in business accelerator Plug and Play's retail accelerator that matches retailers with complementary technology solutions.

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Survey: More than half of smartphone users have this OS

Pittsburgh – Retailers wondering which smartphone operating systems they should support with their mobile and omnichannel programs can reach more than half of all users with a single OS.

In the second quarter of 2015, 52% of all smartphone shoppers used iOS 8, according to the Branding Brand Mobile Commerce Index. iOS 8 also generated 56% of all smartphone revenue in second quarter 2015.
Kate Hudson athleisure line going brick-and-mortar

Fabletics, Kate Hudson’s athletic wear and accessories line, is taking the next step in the evolution of the brand.

The athleisure brand co-founded by the award-winning actress will open its first brick-and-mortar stores at five General Growth Properties (GGP) shopping centers this fall to build off the success of its e-commerce platform.

Launched in 2013, Fabletics offers premium fashion-forward activewear for women, and recently launched a versatile and high-performance athletic wear line for men, FL2.
Oracle fulfills orders in the cloud

Redwood Shores, Calif. – Oracle is enabling retailers to fulfill orders in the cloud with two new product releases on the Oracle Supply Chain Management Cloud platform. The two solutions, Oracle Order Management Cloud and Oracle Global Order Promising Cloud, provide modern order promising, management, visibility and fulfillment capabilities.
$350 million Liberty Center reveals first group of tenants

Cincinnati -- The highly publicized mixed-use project Liberty Center, in Cincinnati, Ohio, has just announced its first slate of retail tenants.

With a scheduled October 2015 opening, Liberty Center includes more than 800,000 sq. ft. of retail, restaurants and entertainment, including a 200,000-sq.-ft. Dillard’s anchor that will be the state of Ohio’s first ground-up Dillard’s store.
Coty pretties up product portfolio with P&G deal

Coty is buying 43 beauty brands from Procter & Gamble Co., including Miss Clairol, Covergirl and Max Factor.
And the latest online retailer to go offline is…

Chicago -- The list of online retailers jumping into the offline space keeps getting longer. And this one has celebrity underpinnings.
Michaels financial future unfolds as big investors exit

The private equity firms that paid a premium to take Michaels private nearly a decade ago continue to gradually unwind their majority position in the nation’s largest arts and crafts retailer.