RANDOM NOTES: High-end beauty marketer shu uemura in South Coast Plaza, Costa Mesa, Calif., was selected as Store of the Year in National Association of Store Fixture Manufacturers’ (NASFM) 2007 retail design competition. The 900-sq.-ft. shop has an un cluttered , modern, elegant look, with a white monotone palette and a splash of color graphics. The Color Bar, a sculptural-quality display that is edged in continuous light and accented by a mirror bar, serves as the centerpiece of the carefully designed space. The store was designed in-house, by shu uemura, Tokyo. (For additional photos of shu uemura, and other winners of the NASFM design competition, visit Picture This on www.chainstoreage.com).… The Orvis Co. is set to open its first Florida location, in the resort town of Sandestin. The 10,300-sq.-ft. store combines such signature Orvis design features as heavy timber elements, iconic jumping trout and a working fireplace with Florida-inspired colors and materials. … Lord & Taylor is getting a makeover. The department store company hired Randell Ridless, who has designed interiors for such upscale players as Burberry and Bergdorf Goodman, to collaborate with Mancini Duffy, New York City, on a storerevamp program. In 2006, Lord & Taylor was acquired by NRDC Equity Partners from Federated Department Stores. … Coach will unveil a new retail format, Coach Legacy, this fall, with locations in Manhattan and Los Angeles. The stores will average 1,200 sq. ft. and feature higher-priced goods than regular Coach stores, as well as limited-edition items. Coach president and executive creative director Reed Krakoff is designing the stores, which will have an intimate, residential feel with wood plank flooring and furniture.
PERSONNEL UPDATES: Industry veteran Chuck Luckenbill has joined OfficeMax, Naperville, Ill., as VP, visual merchandising. Luckenbill most recently served as president of P.O.P. Store Fixtures, Philadelphia. He also spent time at Kohl’s Corp., where he was VP of visual merchandising.
NEW PROJECTS: PKN Orlen, Poland’s largest petroleum retailer, has selected the retail division of CBX (Colemanbrandworx), New York City, to develop a new convenience store concept that will be used in new locations and retrofits.
UPCOMING EVENTS: Lightfair International will take place May 6- 10, at the Jacob K. Javits Convention Center in New York City. For more details, please visit www.lightfair.com.
Finish Line 4Q Profit Narrows
Indianapolis, Finish Line said Thursday the company earned $21.1 million in its fourth quarter, compared with profit of $28.1 million during the same period a year prior. Revenue rose to $429 million from $399.2 million.
Expenses for the quarter rose to $93.9 million from $85.1 million. The company also saw an asset impairment charge of $7.5 million compared with $2.5 million a year ago. Comp-store sales fell 5.4% during the quarter.
For the full year, the company earned $32.4 million.
Sharper Image, OfficeMax Partner
San Francisco, Sharper Image has announced a multi-year licensing agreement with OfficeMax. The agreement with OfficeMax is the first to be announced by Sharper Image’s newly created brand licensing division.
Under the agreement, OfficeMax will offer Sharper Image branded office furniture and accessories made exclusively for OfficeMax under the Sharper Image Office brand. Products will include desks, chairs, shredders, desk sets, accessories and related items. The first product collection is currently rolling out into OfficeMax stores, with additional collections to debut throughout and beyond 2007.