RETAIL

National Retail Federation Revises 2015 Forecast

By Andrew Asch | July 23, 2015

National Retail Federation, a retail trade group based in Washington, D.C., has lowered its 2015 retail sales forecast to 3.5 percent growth compared with a previous growth forecast of 4.1 percent.

Park Showroom to Move Men’s Brands & Seven Points Boutique

After serving as one of the first tenants of the renovated Lady Liberty Building in Los Angeles’ fashion district in 2007, The Park Showroom will be moving the operations for its men’s brands a block away to Area 4.

The Gents Closet

The Gents Closet

After working as a stylist, Manuel Jackson, pictured on the couch, opened up a retail space called The Gents Closet earlier this month.

New Look for South Coast Plaza’s Tadashi Shoji Boutique

New Look for South Coast Plaza’s Tadashi Shoji Boutique

The Tadashi Shoji boutique in South Coast Plaza in Costa Mesa, Calif., is scheduled to unveil a high-tech remodel on June 20. The 1,175-square-foot store will keep its location on South Coast Plaza’s level 2, adjacent to Bloomingdale’s. Yet the store will offer an entirely new experience.

Authentic Brands Takes Over Frederick’s of Hollywood


Authentic Brands Takes Over Frederick’s of Hollywood


Authentic Brands Group has completed its acquisition of the iconic Frederick’s of Hollywood lingerie label after Frederick’s declared bankruptcy in April and shuttered its 93 stores.

Pent-Up Demand for Retail Real Estate Could Fuel Development, Drive Rent Prices Up

There are signs of economic recovery in Southern California as “pent-up demand” drives retail real estate development in the region.

After a Pure Play E-Commerce Debut, Buck Mason to Open Abbot Kinney Store

After a Pure Play E-Commerce Debut, Buck Mason to Open Abbot Kinney Store

The Los Angeles–headquartered Buck Mason brand has found success in every forum that uses electricity and screens. But the next step for the brand is based on concrete. It will open a Buck Mason bricks-and-mortar location.

Gap Inc to Close 175 Stores

Gap Inc. will close 175 stores, mostly in North America, including 140 stores which will shutter this year. A limited number of stores will be closed in Europe.

Nordstrom Plans Full-Line Store at Proposed Caruso Mall

Nordstrom Plans Full-Line Store at Proposed Caruso Mall

Last month a campaign commenced for a land-use change for 203 acres of waterfront real estate in Carlsbad, Calif., but lobbying for the campaign recently a high pitch.

After Abbot Kinney Experiment, Castelli’s New Store

After Abbot Kinney Experiment, Castelli’s New Store

After starting an interesting experiment in retail real estate on Los Angeles’ high-profile Abbot Kinney Boulevard, Paulina Castelli moved her men’s fashion and gifts boutique off of the street to another part of Los Angeles’ Venice section

L.A. Avant Garde Outpost Weltenbuerger Closing

L.A. Avant Garde Outpost Weltenbuerger Closing

The name may have sounded unintelligible to many Los Angelenos, but Weltenbuerger strived to represent elegant, avant-garde fashion in Los Angeles, famously a jeans, T-shirt and casual-fashion town.

Keeping Up With the Shifting Retail Scene

Keeping Up With the Shifting Retail Scene

Retail is an ever-changing landscape that is expanding to different horizons all the time. But experts have one major piece of advice: Do nothing and you die.

May Sales Mixed as L Brands Reports Good performance, Gap Merely Okay

A brief hint of summer weather helped lift May retail sales, but, overall, most apparel retailers reported lackluster results for the month.

New Boutique for Line Mixing Fitness & Safety

New Boutique for Line Mixing Fitness & Safety

The Graced by Grit activewear line has been doing business in a crowded market, and on May 29 it opened its first branded boutique.

Yogasmoga Bets on California for its Retail Rollout


Yogasmoga Bets on California for its Retail Rollout


Yogasmoga and its relatively new line of yogawear for men and women are taking baby steps to open a chain of retail stores across the country by counting heavily on California for its success.

The Never-Ending Sales Season

Since the beginning of the year, retailers have offered generous promotions to attract more customers after a holiday retail season that underwhelmed Wall Street. The never-ending retail beat of sales and promotions has retailers and analysts asking if paying full price for clothing is a thing of the past.