Casual Male to Sell Remaining Levi’s/Dockers Outlets
Canton, Mass., Casual Male Retail Group, Inc. has agreed to sell its 32 remaining Levi’s/Dockers outlet stores to an unnamed affiliate of a privately held U.S. retailer. The retailer had been closing the outlet stores for the last two years under a liquidation plan. Proceeds from the sale will be used to reduce Casual Male’s outstanding debt under its revolving line of credit. The news comes shortly after Casual Male completed its acquisition of Rochester Big & Tall.
HSN Division Acquires Direct Merchant
St. Petersburg, Fla., HSN Improvements, a direct marketing subsidiary of TV and Web retailer HSN, is spending an undisclosed sum to acquire direct merchant Alsto, a catalog and Web retailer. Alsto, owned by Dick Blick Holdings, sells outdoor decor and furnishings.
Nordstrom Names Board Member
Seattle, Nordstrom, Inc. has elected Phyllis Campbell, chief executive and president of The Seattle Foundation, to its board of directors. From 1993 until 2001, she served as president of U.S. Bank of Washington. Campbell also serves on several corporate and nonprofit boards, including Safeco, Alaska Air Group and Seattle University.