WAL-MART KEEPS WALKING: Wal-Mart Stores is moving north in a big way.
The discounter plans to acquire 120 Woolco stores in Canada from Woolworth Corp.
Wal-Mart said it plans to convert the Woolco units to Wal-Mart stores, with remerchandising and new fixtures. The stores average 100,000 square feet. The conversion process is expected to commence as soon as the deal is closed, which will probably take place in March.
The transaction includes the subleases and assets of the 120 stores and virtually all of the inventory and inventory commitments of the Woolco operation.
R. Bruce West, who had been president and chief operating officer of the Woolco division, will become president and chief executive officer of Wal-Mart's Canadian operations.
The agreement calls for Wal-Mart to hire substantially all Woolco store employees in the acquired units, and Wal-Mart said it intends to hire non-store employees as it builds its operations in Canada.
With this acquisition, Wal-Mart will have spread discount stores across North America.
BRADLEES CHOPS: Bradlees Inc. is cutting its central office staff and store management by 280 people in a move that is expected to save the company about 1 percent of sales, or about $1.8 million, in 1994.
Last year, Bradlees, based in Braintree, Mass., had sales of $1.83 billion.
Since early 1993, Bradlees, which currently employs more than 16,000, has reorganized its merchandising division, restructured its planning and allocation division and changed its store management, all in an effort to create a more efficient operation.
Separately, Bradlees said it plans to open six to 10 stores this year, including its first stores in Manhattan and Brooklyn, N.Y.
Bradlees operates 126 discount department stores, mainly in the Northeast.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)