IKEA Continues U.S. Expansion
January 28, 2015 Deft, Netherlands-based IKEA continues to expand in the United States with plans to open a new store in Columbus, Ohio.
NRF: Valentine’s Day Spending to Reach Record $18.9 Billion
January 28, 2015 According to the National Retail Federation’s Valentine’s Day Consumer Spending Survey, conducted by Prosper Insights and Analytics, the average person celebrating Valentine’s Day will spend $142.31 on candy, flowers, apparel and more, up from $133.91 last year.
Saks Fifth Avenue OFF 5TH to Open Minneapolis Store
January 28, 2015 Shorenstein Properties LLC and Saks Fifth Avenue OFF 5TH recently announced that Saks Fifth Avenue OFF 5TH has signed a lease for 40,321 sq. ft. in the retail portion of Minneapolis City Center, continuing the fashion retailer’s 25-year presence in downtown Minneapolis.
RDI Names 2014 Store of the Year
January 27, 2015 The Retail Design Institute (RDI) recently named its annual Store of the Year and recognized more than 45 retail design projects in 20-plus retail formats for excellence in design and execution.
UNIQLO to Enter Canadian Market
January 27, 2015 UNIQLO, a brand of Fast Retailing Co. Ltd., will open two stores in Toronto in fall 2016, marking the brand’s first entry into the country and its 18th market overall.
Gap to Close Smallest Brand, Piperlime
January 26, 2015 San Francisco-based Gap Inc. recently announced the decision to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015.
Michael Kors to Open Tokyo Flagship
January 26, 2015 New York-based Michael Kors will open its largest Japanese flagship store this fall, on Chuo Street in Tokyo’s Ginza district.
Visual Graphic Systems Expands West Coast Presence
January 26, 2015 Carlstadt, N.J.-based Visual Graphic Systems (VGS) recently announced the expansion of their West Coast presence with the appointment of Russ Cooley as director of experiential design and branding.