REAL ESTATE

Disney Baby opens its first store

BY Marianne Wilson

New York — The Walt Disney Co. on Thursday will open its first store under the Disney Baby banner, USA Today reported. The new store is located in Americana, an upscale shopping center in Glendale, Calif.

“This gives Disney the opportunity to reach out to moms when magical moments begin," Bob Chapek, president of Disney Consumer Products, told USA Today. "There’s no more special occasion than the birth of a baby."

In addition to clothing, Disney Baby sells a wide range of infant care and feeding and bedding products, It also offers travel and vacation planning.

Disney also plans to create Disney Baby sections in its Disney Stores nationally, according to the report said.

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REAL ESTATE

Saks to shutter an Illinois and a Texas store

BY Katherine Boccaccio

New York — Saks Inc. said Thursday that it will close its Highland Park, Ill., store, located in Renaissance Place, and its Austin, Texas, store, located in the Arboretum Market.

Both stores are slated to close on Dec. 31.

“We routinely assess the productivity, profitability, and potential of each of our stores and may conclude closings are necessary from time to time,” said Steve Sadove, chairman and CEO. “These planned closings are consistent with our strategy of employing our resources in our most productive locations.”

Impacted employees will be offered transfer opportunities or will receive appropriate employment separation packages, Sadove said.

The 49,000-sq.-ft. Highland Park store has been open since 2000, and the 52,000-sq.-ft. Arboretum Market store has been open since 1997.

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Piperlime makes retail debut in SoHo

BY Staff Writer

New York — Gap Inc.’s Piperlime banner has opened its first full-scale retail location — at 121 Wooster St. in the SoHo neighborhood of New York City.

"We are thrilled to be celebrating the opening of our first Piperlime store today in SoHo," said Jennifer Gosselin, senior VP and general manager of Piperlime. "

The new 4,000-sq.-ft. store is styled as a boutique and features trend vignettes, as well as in-store kiosks that provide shoppers access to piperlime.com products.

"Today’s customers demand accessibility to their favorite brands across multiple channels," said Toby Lenk, president of Gap Inc. Direct, the Gap division that houses the Piperlime brand. "The benefit of being part of one of the world’s best multi-channel retailers is the ability to leverage the resources and experiences that have gone into creating the company’s unique and beloved shopping destinations, both online and in stores. We’re thrilled that Piperlime can now offer their customers the best of both worlds."

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