{"id":121,"date":"2012-07-17T14:12:00","date_gmt":"2012-07-17T18:12:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2012\/07\/apparel-specialty-stores-and-department-stores-eupdates\/"},"modified":"2012-07-17T14:12:00","modified_gmt":"2012-07-17T18:12:00","slug":"apparel-specialty-stores-and-department-stores-eupdates","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/07\/apparel-specialty-stores-and-department-stores-eupdates\/","title":{"rendered":"Apparel Specialty Stores and Department Stores eUpdates"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\" trbidi=\"on\"><\/p>\n<div><b><span style=\"font-family: Arial, sans-serif;\">Personnel Updates:<\/span><\/b><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Body Central Corp. <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Announces Retirement of Martin P. Doolan and Election of John K. Haley to Chairman.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">The Children\u2019s Place<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> announced that Eric Bauer left the company.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Francesca\u2019s Holdings Corp.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> appointed former <b>Men\u2019s Wearhouse<\/b> CFO Neill Davis to its newly created position of President. He will officially become Francesca\u2019s President on Aug. 6. <o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Hibbett Sports<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> hired Scott J. Bowman as CFO and Senior VP.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">JCPenney <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">announced the company has eliminated 350 positions at the Plano, TX headquarters. Also Michael Francis has left the company.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">The Jones Group<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> has appointed Scott Bowman to the newly created role of Group President Global Retail and International Development. <o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">New York &#038; Company<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> has named Laura Weil as Exec VP, COO.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Nike<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> announced Larry Miller is rejoining as President of the Jordan brand. <\/span><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Keith Houlemard will now lead the company\u2019s future worldwide Olympic efforts as General Manager.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Nordstrom Inc.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> promoted Tricia Smith to Exec VP and GMM of Women\u2019s Apparel.<\/span><\/div>\n<div><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><br \/><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif;\">Mergers and Acquisitions:<o:p><\/o:p><\/span><\/b><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Ascena Retail Group Inc.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> announced that it has completed its acquisition of Charming Shoppes Inc. The company said that it plans to cease operating and close down the Fashion Bug business by early 2013.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Sterling Shoes Inc.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> announced that it successfully completed the sale of 69 of Sterling&#8217;s retail locations operating under the Sterling Shoes, Shoe Warehouse and Freedman banners to Town Shoes Limited.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Zumiez Inc.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> will acquire Blue Tomato, an Austria-based European action sports retailer. The acquisition is projected to close prior to the end of the second quarter of 2012. Blue Tomato operates one of Europe&#8217;s largest action sports e-commerce websites. Additionally, the company operates five stores in Austria.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif;\">Industry Insight:<o:p><\/o:p><\/span><\/b><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">The Children\u2019s Place <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">announced that it has signed a 10-year franchise agreement with Apparel Group to open stores in the Arab Gulf States of United Arab Emirates, Kuwait, Qatar, Bahrain and Oman. The first stores are scheduled to open in the UAE in September in Dubai and Sharjah.<\/p>\n<p><b><o:p><\/o:p><\/b><\/span><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Foot Locker <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">is debuting a new retail brand, The Locker Room, in the United Kingdom. The store concept is approximately 3,300 sq. ft.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Henri Bendel <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">will open two new stores in Las Vegas, NV.<b><o:p><\/o:p><\/b><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">J.Crew<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> is expanding into Asia through a partnership with Hong Kong-based specialty store operator Lane Crawford. It is the first time J.Crew goods will be featured in a retail environment outside of North America.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">JCPenney<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> will install over 600 Izod shops in stores in September, as part of both the department store\u2019s ongoing transformation.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Kohl\u2019s <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">is boosting its high-fashion image with the launch of a new, limited-edition collection concept called DesigNation featuring fashions from different premier designeres.\u00a0 Narcisco Rodriguez will be the first designer featured in the series.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Nordstrom Inc.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> will build its first-ever, full-line store in New York. The 285,000 sq. ft. store will open in 2018. <o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Oscar de la Renta Inc.<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> is expanding the retail side of its business. This fall, its Madison Avenue flagship will double in size to 4,000 sq. ft., and the company will open its first-ever location in London. Oscar de la Renta also is considering a retail presence in airports, and perhaps a standalone bridal store.<\/p>\n<p><o:p><\/o:p><\/span><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Sears Canada<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> has opened its largest Sears Home store at Pinecrest Shopping Center<b> <\/b>in Ottawa, ON. The store will occupy 78,000 sq.-ft. and feature an expanded selection of furniture as well as the largest major appliance and mattress shop of any Sears location.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Von Mauer<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> is planning a dramatic expansion of its existing e-commerce fulfillment center. Once completed, the n<\/p>\n<p>ew facility will measure 119,000 sq.ft.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif;\">Real Estate:<\/span><\/b><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Aritzia <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">will open its largest store to date, a 13,000-sq.-ft. flagship on Fifth Avenue in New York City.<b><o:p><\/o:p><\/b><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Cabela\u2019s <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">is<b> <\/b>opening a new 100,000 sq. ft. store in Rogers, AR.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Dick&#8217;s Sporting Goods<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> announced it opened two new stores on June 13. A store at Bloomfield Town Square, in Bloomfield, MI and a new store at Northborough Crossing, in Northborough, MA.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Hibbett Sports<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> announced plans to build a wholesaling and logistics facility in Alabaster, AL. Construction on the new 360,000-sq.-ft. center is expected to commence in fall 2012 with the facility expected to be fully operational by fall 2014. When completed, it will replace the existing 180,000-sq.-ft. facility that the company currently leases in Birmingham.<\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Nordstrom<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> said it will open a Nordstrom Rack at The Fountains at Farah, a new power and lifestyle shopping center in El Paso, TX. The store will be approximately 35,000 sq. ft. and is scheduled to open in fall 2013. Nordstrom also announced plans to open a Nordstrom Rack at Northgate Mall in Seattle, WA. The approximately 41,000 sq. ft. store is scheduled to open later this fall.<\/span><span style=\"background-color: white; font-family: Arial, sans-serif; font-size: 11pt;\">\u00a0<\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif;\">Green Initiatives:<br \/><o:p><\/o:p><\/span><\/b><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Kohl\u2019s<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> is strengthening its commitment to renewable energy, by increasing its solar program by nearly 25% in 2012, and installing solar panels at approximately 30 additional Kohl\u2019s locations.<o:p><\/o:p><\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Personnel Updates: Body Central Corp. Announces Retirement of Martin P. Doolan and Election of John K. Haley to Chairman. The Children\u2019s Place announced that Eric Bauer left the company. Francesca\u2019s Holdings Corp. appointed former Men\u2019s Wearhouse CFO Neill Davis to its newly created position of President. He will officially become Francesca\u2019s President on Aug. 6.&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/07\/apparel-specialty-stores-and-department-stores-eupdates\/\">Continue reading <span class=\"screen-reader-text\">Apparel Specialty Stores and Department Stores eUpdates<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[6,11],"class_list":["post-121","post","type-post","status-publish","format-standard","hentry","category-apparel-department","tag-csg-old","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=121"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/121\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}