By Andrew Asch | May 18, 2017
It’s been a tough week at Macy’s Inc.
Wall Street analysts saw a glass half full when March retail sales were reported.
Fashion basics company LAmade was one of the brands selected to be featured in Target’s LA25 initiative.
It has been a few years since Trina Turk had a store in Los Angeles. But the contemporary designer—known for her bright colors synonymous with sunny California—has staked out a new outpost in the Larchmont Village neighborhood of Los Angeles, where an old-fashioned Main Street vibe permeates Larchmont Boulevard.
BCBG Max Azria, the Los Angeles brand that filed for bankruptcy protection in late February, has begun to shutter more than half the stores it operates in the United States.
The Westfield Century City retail center is continuing work on a $1 billion remodel of its real estate in Los Angeles’ Century City district this year, and recently the high-end retail center announced a slate of new boutiques.
After speculation that Bebe Stores Inc. might shutter all its locations and concentrate on e-commerce, the California retailer announced it hired B. Riley & Co. to help “explore strategic alternatives.”
The worlds of Sears Holdings Corp. investors and shoppers were rocked this week when the parent company to Sears and KMart issued an annual report noting that there was “substantial doubt” on the Chicago-area company’s future.
There are 26 square feet of retail for every man, woman and child in the United States, according to a statistic quoted by Robin Lewis, chief executive and editorial director of The Robin Report, a platform covering retail.
After a few days of heavy media speculation, it was announced March 17, that ModCloth, a San Francisco–headquartered e-commerce retailer with a focus on independent women’s fashions was acquired by Jet.com, a division of one of the world’s biggest retailers, WalMart.
The secret to making the perfect suit involves a certain harmony; it balances how a suit fits the wearer, the materials used in the suit and its overall design/look, according to Ray Li.
Gary Schoenfeld, the chief executive who steered mall retailer Pacific Sunwear of California through a massive restructuring post–Great Recession and a Chapter 11 bankruptcy in 2016, has left the company.
Reza Safavi recently joined Caruso, the real estate development company that owns and manages prominent retail centers such as The Grove in Los Angeles, according to a Caruso statement.
Anxiety over a “Trump Slump” in tourism to the United States has become an issue, and California retailers have wondered if a travel ban initiated by the Trump Administration could affect them.
In September 2015, Westfield unveiled a $350 million The Village at Westfield Topanga project adjacent to its luxe Westfield Topanga mall, 26 miles northwest of downtown Los Angeles. While wrapping up this project, the international mall giant was in the midst of planning an even bigger project in the Topanga area.
U.S. apparel industry sales increased 3 percent to $218.7 billion in 2016, according to market researchers The NPD Group in a March 6 statement.