May 17, 2013
Another big loss for J.C. Penney as sales plunge 16.4%

J.C. Penney Co. reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue.

May 17, 2013
Bloomingdale’s to make Hawaiian debut

Bloomingdale’s plans to open a 167,000-sq.-ft., three-level store at the Ala Moana Center in Honolulu in fall 2015.

May 17, 2013
Blue Nile appoints board member

Online jewelry retailer Blue Nile has appointed Mindy Meads to its board of directors. Meads previously served as co-CEO of Aeropostale and president and CEO of Victoria’s Secret, among other executive posts in a 35-year apparel retail career. She also serves on the board of Wet Seal.

May 17, 2013
Brixmor names former Kimco COO as new president/CFO

New York -- Brixmor Property Group has appointed Michael V. Pappagallo as president and CFO, effective May 20.

Pappagallo will play an integral role in the execution of Brixmor's long-term business and capital markets strategy.  In addition, he will lead the company's finance and accounting teams, as well as have functional oversight of its property operations, information technology, acquisitions/dispositions and investor relations efforts.

May 17, 2013
Cupcake Charlie’s opens at Patriot Place

Gourmet cupcake bakery Cupcake Charlie’s will celebrate the opening of its fourth location on May 18, at Patriot Place in Foxborough, Mass.

May 17, 2013
Douglas Development adds new retailers to downtown Washington, D.C.

Douglas Development said that specialty candy store IT’SUGAR will join soft-serve yogurt shop FrozenYo and bar concept Jackpot Tavern in Chinatown, across from the Verizon Center and Gallery Place Metro Station, in Washington, D.C.

May 17, 2013
Ethnic consumers represent strong potential

New York - Ethnic consumers represent strong potential for retailers, according to new data released by the Nielsen Company. For example, the 43 million African-Americans in the U.S. (about 14% of the population) buy more hand and body lotion products than the average consumer.

May 17, 2013
Fixtures Living to open at Oakbrook Center

General Growth Properties said that its Oakbrook Center property in Chicago has welcomed Fixtures Living, an experiential showroom concept based in San Diego.

May 17, 2013
Former Tuesday Morning CEO files discrimination lawsuit again ex-employer

Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination.

May 17, 2013
Marcus & Millichap announces promotion

Marcus & Millichap Real Estate Investment Services has promoted Gabriel A. Britti to associate VP investments.

May 17, 2013
Nordstrom Q1 profit and sales disappoint

Nordstrom Inc. reported its first quarter net income fell a greater-than-expected 3%, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest.

May 17, 2013
RadioShack expands DIY product assortment

RadioShack is partnering with Maker Media to offer a line of exclusive DIY electronics products such as robotics, kits and tools.

May 17, 2013
Stages Stores Q1 loss widens

Stage Stores reported a loss of $6.9 million for the first quarter, compared with a loss of $418,000 for the year-ago period, as the retailer dealt with cool weather that put a damper on sales of spring apparel.

May 17, 2013
Starbucks names Chiquita exec as executive VP, global supply chain

Starbucks Coffee Co. has appointed Deverl Maserang as executive VP leading the company’s global supply chain organization, effective June 3.

May 17, 2013
Twin Peaks unveils new name, trio of major anchors

Longmont, Colo. -- NewMark Merrill Mountain States named three new anchors for the redeveloped Twin Peaks Mall: Whole Foods Market, Regal Cinemas and Sam’s Club.

The project, which is slated to open in 2014, also unveiled its new name – Village at the Peaks.

May 17, 2013
Uncle Julio’s to make Pennsylvania debut at Plymouth Meeting Mall

Tex-Mex family restaurant operator Uncle Julio’s will join Plymouth Meeting Mall in late 2013, according to mall owner Pennsylvania Real Estate Investment Trust (PREIT), based in Philadelphia.

May 17, 2013
Village at the Peaks, Longmont, Colo.

A huge redevelopment in Longmont, Colo., now has big new tenant names to promote. NewMark Merrill Mountain States has just named three new anchors for the redeveloped Twin Peaks Mall: Longmont’s first Whole Foods Market; a new, state-of-the-art Regal Cinemas; and Sam’s Club.

May 17, 2013
Wegmans delays Massachusetts store opening

Wegmans is pushing back the scheduled opening of a new store in Newton, Mass., until spring 2014.

May 16, 2013
Barneys’ Simon Doonan designs window display for Duane Reade

In what it called a “first-of-its-kind” installation at a drugstore chain, Nexxus Salon Hair Care unveiled a window display tribute to the Tony Awards and Broadway at the Duane Reade store across from Radio City Music Hall in Manhattan.

May 16, 2013
Contingent Network Services helps Finish Line overhaul customer experience

Contingent Network Services has announced the successful completion of a strategic IT project to deploy new in-store technology to stores operated by The Finish Line.

May 16, 2013
DDR to acquire select power enters for $1.46 billion

DDR Corp. announced an agreement to acquire a portfolio of prime power centers from its existing joint venture with Blackstone Real Estate Partners VII.

May 16, 2013
Deloitte: Stable economic fundamentals keep consumer spending outlook on track

The Deloitte Consumer Spending Index (Index) dipped slightly in April, primarily due to an increase in the tax rate, while other economic fundamentals remain steady.

May 16, 2013
Horizon Group, CBL to develop The Outlet Shoppes at Louisville

Following on the heels of successful outlet projects in Atlanta and Oklahoma City, CBL & Associates Properties and Horizon Group Properties announced another joint venture – to co-develop The Outlet Shoppes at Louisville, in Simpsonville, Ky.

May 16, 2013
Kohl’s Q1 profit falls 5% but beats Street

Kohl's Corp. reported a 5% drop in first-quarter profit on weak sales fell due to unseasonably cold weather in large parts of the United States.

May 16, 2013
Retailers Must ‘Think Visual’

Among the many albums released by legendary rock band The Kinks, “Think Visual” stands as a forgettable collection of generic hard rock songs released in the mid-1980s, when the British Invasion pioneers were long past their creative prime and worn down from years of infighting.

© 2013