Industry news for the week of September 21, 2009
New venue offers shoppers 22,000 square feet of retail on New York’s Fifth Avenue
Simon Property Group founder was 82
Spanish High Street chain invests $140 million into store development, refurbishment and IT
To close Northern European retail division
Part of $125 million property-wide renovation
Ground floor’s first remodel in 15 years
More than 300 locations will hit mall and Babies “R” Us locations
De Boni was head of Prada’s U.S. operations
More than 900 stores to be eliminated by 2010
Expects same-store sales for the year to grow 3 to 4 percent, without fuel
Will launch exclusive product lines in stores beginning January 2010
Company brings back founder Dennis Pence
Second restaurant to locate on U.S. Air Force Base
Rachel Roy promotes new line
Industry news for the week of September 14, 2009
Scott Price previously worked in region for DHL, Coca-Cola
Bolstered by strong results, discount retailer to add 100 more stores
LA-based chain to open 50 locales in the Bay Area
Renovating the retailer's New York flagship involved overcoming numerous obstacles and challenges.