REAL ESTATE

Madewell inks center city Philadelphia lease

BY Michael Fickes

Philadelphia — Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate. The 4,000 sq.-ft. store will be located near Rittenhouse Square. Neighboring retailers include Intermixx, Burberry, Athleta and Blue Mercury. Fameco and Open Realty Advisors both represented Madewell in the transaction.

Both brokers are also representing searching for a 2,500-sq.-ft. location for J. Crew Men on Walnut Street in Philadelphia.

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REAL ESTATE

Haggar supports store expansion

BY CSA STAFF

Dallas – Haggar Clothing Co. is supporting a planned expansion of its store presence in the U.S. and Canadian markets with the implementation of multiple solutions from Epicor Retail Software. Haggar seeks to open 10 to 15 new stores annually in the U.S. through 2017 and two to three stores a year during the next four years throughout Canada.

To help manage currency, customer, merchandising and new market considerations, Haggar is rolling out Epicor retail merchandising, planning, retail store, audit and operations management, retail CRM and retail business intelligence modules.

"Epicor offers an integrated software system that has made the transition into Canada much easier for us as compared to many other systems we reviewed,” said Jackie Randall, VP retail division of Haggar. “Their CRM offering is robust, and it’s helping us to clearly understand who is shopping our brand in Canada, thus allowing our team to track and capitalize on regional trends and shopping patterns to ensure our marketing and merchandising is spot-on from the minute we open our doors at each location."

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Lumber Liquidators opens 300th store

BY Dan Berthiaume

Toano Va. – Lumber Liquidators has opened its 300th store. The store, located in Las Vegas, is the company’s third in Nevada and second in Las Vegas. It also features the retailer’s new “store of the future” format that offers an expanded store showroom of approximately 1,600 sq. ft., including a broader assortment of flooring options, moldings and accessories.

"My vision for Lumber Liquidators has always been to offer customers a better quality floor at a lower price," said Tom Sullivan, chairman and founder of Lumber Liquidators. "That sounds simple but required a lot of hard work to get right. We removed the middleman from our business model, went direct to mills to source our flooring and today are able to offer our customers a product assortment of more than 300 flooring varieties. I am humbled by what Lumber Liquidators has become and thank every one of our employees who have helped the company grow into the business it is today and who continue to be focused on delivering the best service and product possible to our customers."

To date in 2013, Lumber Liquidators has opened 12 new stores and expects to open a total of 25 to 35 stores by year-end, all in its "store of the future" format.

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