By Andrew Asch | March 19, 2015
The board of directors for the Macerich Co. unanimously rejected an unsolicited bid from mall giant Simon Property Group Inc. on March 17. Simon made its "best and final" offer for Macerich on March 20.
E-commerce can bring out the worst in some shoppers, said Sandy Lew-Hailer, owner of the Seattle boutique Sandylew.
Malibu fashion has seen chic bohemian, surfer girl and premium-denim looks, but the profile of the sexy tomboy is rising.
Single-brand boutiques increasingly dominate high-profile shopping street Abbot Kinney Boulevard in Los Angeles, but one of the newest boutiques on the street, Abbot Kinney Beach House, is a multi-brand shop.
Internet clothier Revolve recently announced that it has acquired Alliance Apparel Group, headquartered in downtown Los Angeles.
The Maui & Sons brand is taking on more surf in Los Angeles’ Venice neighborhood.
Planet Blue, the multi-brand boutique retailer steeped in West Coast beach culture and boho styles, will be taking its act nationwide.
February was tough for retailers. Freezing temperatures and winter weather kept shoppers inside their homes. There was a labor slowdown at ports on the West Coast, and after receiving a break from high gas prices during the fall, prices at the pump started climbing in February.
Noting that the retail industry is highly reliant on just-in-time delivery of goods, the head of the National Retail Federation said many retailers were economically hurt by the recent West Coast port problems and labor slowdowns that led to imported merchandise taking weeks and even months to be delivered.
Henry T. Segerstrom, developer of South Coast Plaza, the retail center which brought Rodeo Drive luxury to Orange County, Calif., died Feb. 20 at his home in Newport Beach, Calif. after a brief illness.
ame-store sales were projected to increase 3.1 percent, according to an index maintained by Retail Metrics, a Boston-area market research company. Wall Street analysts and economists, such as Jack Kleinhenz of the National Retail Federation, believed that January’s sales performance was proof that 2015 was starting on a strong note.
Retailers do business in a world where every sale counts, but since Elyse Walker started her self-named boutique more than 15 years ago, she tried to take a different sales angle.
The executives of online shopping site Bungalow Clothing believe there is a new way of building an e-commerce business, and it means taking a page from one of the oldest playbooks in retail.
Retail sales will increase by 4.1 percent for the 2015 year, according to a forecast released on Feb. 12 by National Retail Federation, the Washington, D.C.–based retail trade group.
The ailing BCBG Max Azria Group, which has a mountain of debt, received a $135 million infusion of cash from Guggenheim Partners and other affiliated investors.