REAL ESTATE

L.L. Bean Opens First Store in New York

BY CSA STAFF

Freeport, Maine, L.L. Bean will stay open 24 hours a day, throughout the weekend of its grand opening at Colonie Center in Albany, N.Y. on Sept. 14.

The 24-hour schedule, which ends after the opening weekend, is being done in the spirit of the L.L. Bean store in Freeport, Maine, according to the company. It will offer in-store lessons on how to snowshoe, fly fish, kayak and do other sports.

L.L. Bean is one of a number of stores locating in the mall, which is in the midst of a $70 million renovation. A Cheesecake Factory restaurant opened last August, and PF Chang’s China Bistro is set to open on Oct. 8. Foot Locker is set to open in September, as is Lids, which sells hats.

The new 30,000-sq.-ft. store at Colonie Center was built to a national energy-efficiency standard set by the United States Green Building Council, according to L.L. Bean.

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Treff joins Payless as chief administrator

BY CSA STAFF

TOPEKA, Kan. Collective Brands announced today that it has hired Douglas Treff as evp and chief administrative officer for the company and its Payless ShoeSource unit. Treff will report to Matt Rubel, ceo and president of Collective Brands, and ceo and president of Payless.

Treff will be responsible for the finance, store development and information technology functions for Payless. The global sourcing and supply chain, merchandising, marketing, retail operations, law and human resources teams for Payless and Collective Brands will continue to report to Rubel. Treff will start in his new role early this month.

Most recently Treff served as evp and chief administrative officer for Sears Canada. From 2000 to 2006, he served as senior vp and cfo for Deluxe Corp. He served as cfo and in other leadership roles in finance from 1990 to 2000 for Wilsons The Leather Experts. 

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BJ’s August sales up 6.4%

BY CSA STAFF

NATICK, Mass. BJ’s Wholesale Club today reported that sales for August 2007 increased by 6.4% to $661.7 million from $622.2 million in August 2006. On a comparable-club basis, August sales increased by 1.4%, including a negative impact of 2.4% from sales of gasoline and a negative impact of 0.4% from the absence of pharmacy sales versus last year. In 2006, the company reported a comparable-club sales increase of 2.3% for August, including a contribution from sales of gasoline of 1.2%.

For the 30-week period ended Sept. 1 total sales increased by 7.3% and comparable-club sales increased by 2.8%, including a contribution from sales of gasoline of 0.6% and a negative impact from the absence of pharmacy sales versus last year of 0.4%.

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