CALIFORNIA | LOCAL
November 29, 2012 |
The salesmen at the Spring Street Arcade spend their day gazing out at a city that's passing them by. All around, a trendy downtown is on the rise - pet stores selling gourmet dog chews, chic bars with ginger and juniper soda cocktails, a new generation of mostly young residents jogging in spandex and cruising on bikes. But inside the 88-year-old shopping arcade, with its giant curved skylight, arched Spanish Renaissance entryways and Beaux Arts exterior, many of the stores are vacant, and the remaining merchants seem stuck in another era. Bargain-rate clothes, toys, suitcases and DVDs share shelf space with dusty boomboxes and T-shirts from '90s rock bands like Korn and Nirvana.
November 20, 2012 |
At midnight on Thanksgiving night, Narine Anton and her regiment of 10 workers will welcome shoppers into Body Basics at the Glendale Galleria. That's if she doesn't decide to open the specialty shop even earlier. Anton, manager of the store stocked with pajamas and cotton basics, is considering moving the time up to 10 p.m. on Turkey Day. "If we open earlier, then maybe we can get the traffic from Macy's or Target and make more money," she said. "If we don't open with the big stores, they have extra hours with customers and we miss out on that.
August 9, 2012 |
Department store giant Macy's Inc. reported a nearly 16% jump in second-quarter profit as online sales grew and shoppers responded enthusiastically to its localized merchandise offerings. For the three months ended July 28, the parent company of the Macy's and Bloomingdale's chains said Wednesday that profit rose to $279 million, or 67 cents a share, compared with $241 million, or 55 cents, a year earlier. That beats expectations of analysts surveyed by Thomson Reuters who predicted 64 cents a share.
July 13, 2012 |
Luxury retailerNordstrom Inc.is partnering with British clothiers Topshop and Topman to sell the brands in 14 of its department stores, including two in Orange County. Nordstrom will be the biggest U.S. retailer carrying a wide array of apparel and accessories from the fast-fashion retailer, which already has stand-alone stores in New York, Chicago and Las Vegas. Another is planned for the Grove shopping center in Los Angeles' Fairfax district this Christmas season. Topshop is the women's side of the brand, and Topman carries the men's merchandise.
May 12, 2012 |
--Madewell, the younger, more relaxed division of retailer J. Crew Group Inc., is going mobile this spring. Think less smartphone and more road trip. The brand, formally a work wear manufacturer in Massachusetts before getting rescued by J. Crew, is taking its denim line on a cross-country summer journey with a retro Airstream trailer. Retailers have been trying to shake up brick-and-mortar stores with more creative spaces such as pop-up shops, specialty stores and now stores on the go. Madewell's Airstream is rolling into Santa Monica Place this Saturday, loaded with stylists, discounts on jeans and a hair-braiding station.
April 30, 2012 |
Owners of the Glendale Galleria have launched a massive makeover intended to update the regional shopping center in downtown Glendale. Improvements to the 1.5-million-square-foot center will include the previously announced addition of a Bloomingdale's department store in the space formerly occupied by Mervyns. The Bloomingdale's store is set to open next year. Other changes will be the most comprehensive since the mall opened in 1976 and "nothing short of dramatic," General Manager Larry Martin said.