Checkout: Try, Try Again … Flat Year … Paul Picked …
TRY, TRY AGAIN: Wal-Mart will take a third shot at opening a discount store on Long Island, this time in Middle Island, in Suffolk County. The company already has a Sam's Club in Medford that opened last year, but could not get...
TRY, TRY AGAIN: Wal-Mart will take a third shot at opening a discount store on Long Island, this time in Middle Island, in Suffolk County. The company already has a Sam's Club in Medford that opened last year, but could not get approvals to build an adjacent Wal-Mart unit there. The retailer also had plans to open a Wal-Mart and a Sam's on the site of the former Roosevelt Raceway in Westbury, but it said construction estimates were too high. The Middle Island unit, a 125,000-square-foot store on Middle Country Road, is slated for a fall opening. The company reportedly has plans for a store in Commack, but a spokeswoman declined comment.
FLAT YEAR: Stein Mart reported 1993 net sales rose 23.2 percent, to $342.7 million, but same-store sales inched up just 0.6 percent.
For the fourth quarter ended Dec. 31, sales jumped 23.5 percent, to $124.4 million, with same-store sales up 2.3 percent.
The company, based in Jacksonville, Fla., expects to release full financial results the first week in March. Stein Mart opened 15 new stores in 1993, including seven in the fourth quarter, for a total of 66 stores, primarily in the South and Southeast.
PAUL PICKED: Gerald Paul, chairman and chief executive of Paul Harris Stores, has been named to the National Retail Federation board. The company, based in Indianapolis, operates 162 Paul Harris and Pasta stores, and 50 stores under the name $5-$10-$15-$20 Place.
OFF-PRICE MEETING: Off-price and outlet retailers will gather April 19-21 in Tampa, Fla., for a convention and trade expo. The event will feature 20 business sessions on such topics as marketing, real estate and operations, and more than 400 vendor booths.
It will be held at the Tampa Convention Center and is sponsored by Value Retail News of Clearwater, Fla.
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)
The @cfda has shifted the dates of #NYFW, with Men’s showing on February 5 through February 7, and Women’s will directly follow, running from February 8 through 14. The preliminary schedule will be released on the CFDA’s web site in the next few days, but Mark Beckham, VP of marketing for the CFDA, revealed that @rafsimons will be back to close the men’s-specific part of the week with a show on February 7 #wwdfashion (📷: Kelly Taub)
@ferragamo is introducing a new space dedicated to the development of women’s and men’s leather good samples. The laboratory, which is created eco-friendly materials and designed to reduce the environmental impact of the manufacturing processes, will allow the company to expand its accessories offering through traditional artisanal approaches. #wwdfashion (📷: @aitorrosasphoto)
How does a “regular, degular, schmegular” girl from the Bronx, N.Y., become a Grammy-nominated artist with a certified platinum record in less than a year? Call it the @iamcardib come up. The 25-year-old has become a musical sensation, and the fashion world is taking note. “If I could describe her style I would say drama. She’s really into the dramatics,” says Cardi B’s stylist @kollincarter. See how Carter styles her bold and out there looks with the link in bio. #wwdfashion
“There is no formula. There is no guideline. I can watch Ted Talks all day, but there is no one who can advise me on exactly what it is I should be doing,” said @ronniefieg, CEO of @kith, in an interview with WWD’s @ariahughes at the brand’s new SoHo office in Manhattan. Head to WWD.com to see how Fieg went from hanging out in shoe stockrooms at 13 to building his own business. #wwdfashion (📷: @weston.wells)
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion