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Gap Inc. Reveals Plans for Omni-Channel and Asia Expansion
By Deborah Belgum | April 17, 2014
In the next three years, Gap Inc. hopes its sales in China will reach $1 billion as it expands the number of stores located there and pumps up its omni-channel offerings.
The Wet Seal Adds Three New Directors to Board
Teen retailer The Wet Seal Inc., based in Foothill Ranch, Calif., added three new directors who have technology and social media skills to help the company move forward.
Parke & Ronen Experiments With Unconventional Pop-up Shop
The boom-and-bust cycles of running a store are challenging for anyone, but it was driving the owners of the Parke & Ronen store in Los Angeles crazy.
February Cold Makes Mixed Business
Extreme weather across much of the U.S. put a chill in business for February, but many retailers pulled out good sales during the month.
February Sales Forecast to Be Modest
Retail sales increased slightly, 0.3 percent, during the last week of February but it won’t shake the winter blues, analysts say.
Ross Gives Mixed Forecast for Q1 of 2014
Off-pricer Ross Stores Inc. announced results for its fourth quarter and fiscal 2013 results on Feb. 27, and Michael Balmuth gave a mixed forecast for Ross’ first quarter for its 2014 year.
Gap Reports Good 2013 Biz and Growth in 2014
Gap Inc. reported results for the fourth quarter of its 2013 year and its overall fiscal 2013 results on Feb. 27.
Pacific City to Open Luxe Waterfront Center in Huntington Beach
There are few retail centers currently in construction across America, and the upcoming Pacific City development in Huntington Beach, Calif., is ranked among a more select class.
Gap Increases Minimum Pay
Chief Executive Officer Glenn Murphy, the San Francisco–based specialty retailer and owner of Gap stores, Old Navy and Banana Republic will raise the minimum wage for its U.S. employees to $9 this year and $10 in 2015.
Goldwin Ski and Running Apparel Company Opens First US office in Manhattan Beach
Goldwin Inc., a Japanese company founded in 1951, has opened its new U.S. headquarters in the Los Angeles area.
E-Commerce Site FlyPeeps.com to Introduce Unique Discount Deals
In April, Irvine, Calif.–headquartered men’s shopping site FlyPeeps will open for business in the crowded market for e-commerce.
Loving Las Vegas: Retailers Share Tips for Navigating the Las Vegas Trade Shows
With 20 apparel, footwear, accessories and sourcing trade shows taking place in Las Vegas market at the same time in February, thousands of brands are competing for attention, and the ambiance can be thrilling, festive and, ultimately, exhausting.
Bebe Going Private? Not So Fast, Analyst Says
Bebe Stores Inc. is just a year into its turnaround campaign, but media reports indicate that the publicly traded contemporary retailer is investigating a sale and going private.
Roar Clothing to Abbot Kinney
For its 20th anniversary, Los Angeles–based fashion label Roar Clothing will open its first boutique. The two-story shop will be located at 1410 Abbot Kinney Blvd., at the corner of California Avenue, according to Deepak Vasandani, founder and chief executive of the label.
Changes at the the Fashion Bookstore at the CMC
Fashion Bookstore founders Bill and Linda Golant sold the business to longtime employees Yolanda Bragg and Rina Castro.
