Weekly retail roundup: American Apparel, 99 Cents Only, Macy's and more
American Apparel Inc. said Friday that it had received a letter from the New York Stock Exchange granting the troubled Los Angeles company an extension to file its quarterly report till Nov. 15.
Discount chain 99 Cents Only Stores Inc. has been fined $409,490 by the Environmental Protection Agency for selling illegal unregistered or mislabeled pesticides in three household products.
Dollar Tree has signed a lease at Doheny Village Center in Capistrano Beach, according to retail brokerage firm Parker & Associates Inc. The new Dollar Tree space will be created by splitting the former Stats Floral Supply into two spaces. The firm did not say when the store would open.
Storied toy retailer FAO Schwarz, which struggled for years to compete with larger toy giants before being bought last year by Toys R Us, will open about 10 pop-up toy shops across the country for the holidays, including one at South Coast Plaza in Costa Mesa.
Macy’s Inc. announced that it would expand its online order fulfillment center in Portland, Tenn., to accommodate continued growth in sales at macys.com.
The facility, with 600,000 square feet of space, was built by Macy’s and opened in spring 2007. The expansion will add 374,000 square feet of space. Construction is expected to begin this fall so the expanded facility can be operational in fall 2011.
“Our online sales at Macy’s and Bloomingdale’s have grown rapidly in recent years -– by a total of 19.6% in 2009, followed by another 31% in the first half of 2010,” said Tom Cole, the company’s chief administrative officer. “It is important that our systems and support facilities also continue to develop so we can drive growth in the online business and serve customers effectively and efficiently.”
In addition to Portland, the company’s online orders also are supported by major fulfillment centers located in Goodyear, Ariz., and Cheshire, Conn.
-- Andrea Chang