Robert Graham announced that it has signed a lease agreement to open a store in The Mall at Short Hills, Short Hills, N.J.
Charming Shoppes Inc. recorded a wider-than-expected loss for its fourth quarter as higher product costs and discounts at its Lane Bryant division cut into margins.
Office Depot Inc. will open 13 newly remodeled locations in the Houston area on March 28.
The fast-growing Francesca’s Holdings Corp. plans to open 76 stores in 2012.
Tommy Bahama will open its first New York City location in October.
The Limited on Friday will open a 4,300-sq.-ft. store in Westfield Galleria Mall, Roseville, Calif., one of four new locations the chain will open this year in California.
Saks Fifth Avenue Off 5th announced that it plans to reopen its Nashville, Tenn., store on March 29.
The trustees of Pennsylvania Real Estate Investment Trust (“PREIT”) announced that Joseph F. Coradino will become CEO of the company as of the company’s annual meeting on June 7, succeeding Ronald Rubin, who will serve as executive chairman.
7-Eleven Inc. plans to open 15 to 20 stores this year in the Jacksonville, Fla., market and 80 locations by 2015, according to the Florida Times-Union.
The Wet Seal reported that net income for the fourth quarter dropped to $1.1 million from $5.3 million a year earlier.