STORE SPACES

Uniqlo to relaunch mall expansion with opening of store in Westfield Garden Plaza

BY Marianne Wilson

New York — Uniqlo will open a location in Westfield Garden State Plaza shopping center, Paramus, N.J., on Sept. 28. The new store will occupy a 43,000-sq.-ft. space with two levels, and feature a separate dedicated entrance and a prominent façade. It will serve as the prototype for Uniqlo’s mall expansion strategy.

Leading up to the opening, beginning Aug. 27 and continuing through Sept. 27, Uniqlo will operate a temporary store at the mall. The pop-up, designed to resemble a futuristic cube, will be located at the food court.

The Westfield Garden State Plaza location will be the company’s second foray into New Jersey, the first being back in 2005, when the brand was still unknown in the United States.

“Following the immense success of the first New York location, we revised our strategy for the U.S. market and decided to close the three small New Jersey locations to launch large scale flagship stores in targeted areas of Manhattan,” explained Uniqlo U.S. CEO Shin Odake The three popular Uniqlo Manhattan locations have built a dedicated fan base in the New York tri-state area making it the perfect time to re-launch the brand’s innovative modern style in shopping malls across the U.S.”

Currently, Uniqlo operates three U.S. stores, all of them freestanding locations in New York City. In addition to the Paramus store, the company is also opening a store in San Francisco this fall. For more on San Francisco, click here.

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FINANCE

Urban Outfitters Q2 profit up 8%; tops Street

BY Marianne Wilson

Philadelphia — Urban Outfitters Inc.’s profit for the second quarter rose 8% to $61.3 million from $56.7 million in the year-ago period, helped by strong sales as its namesake stores.

Total company net sales for the quarter, ended July 31, rose by 11% over the same quarter last year to $676 million. Same-store net sales, which include the direct-to-consumer channel, increased 4% for the quarter, while comparable store net sales decreased 1%.

During the six months ended July 31, 2012, the company opened a total of 28 stores including: 10 Free People stores, 10 Urban Outfitters stores, six Anthropologie stores, one BHLDN store and one Terrain garden center. It closed one Anthropologie store.

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STORE SPACES

Kings Food Markets expands into Connecticut with acquisition

BY Staff Writer

Parsippany, N.J. — Kings Food Markets announced that the company has expanded into Connecticut with the acquisition of a Porricelli’s Market location in Old Greenwich.

Kings, with 24 stores in New Jersey and New York, recently completed a brand relaunch that included grand reopenings of its Bedminster and Livingston, N.J., stores, with additional reopenings slated to take place throughout 2012 and 2013.

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