King Of Prussia Mall Announces New Retailers

King of Prussia Mall (Photo credit: Wikipedia)

KING OF PRUSSIA — Simon Property Group, Inc. (NYSE:SPG), the world’s leading retail real estate company, announced the addition of six new merchants, along with three retailer expansions, to King of Prussia Mall.

The center continues to add stores to its more than 400 retail and dining options.

Tommy Bahama opened its first stand-alone store in Pennsylvania in July.

Athleta is set open by the end of the summer.  Designed and tested by women athletes, Athleta offers women’s swimwear and athletic clothing for yoga, running, golf and tennis. Both stores will be located on the upper level of the Plaza.

Read more:  http://www.pottsmerc.com/article/20120831/FINANCE01/120839902/king-of-prussia-mall-announces-new-retailers?nstrack=sid:48949|met:300|cat:0|order:4#full_story

J.C. Penney Snags Apple Senior VP Ron Johnson – Look For Big Changes

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With just okay sales and growth, J.C. Penney has lagged behind competitors like Kohl’s and Macy’s.  J.C. Penney has taken a bold step into the light to try to reclaim more market share.

In November, Ron Johnson, Apple’s Senior Vice President of Retail will become J.C. Penney’s new CEO.  One only has to visit an Apple store to see what exciting changes may be in store for one of America’s most iconic retailers.  Apple stores are generally crowded!  Apple stores have customer-centric employees and make the most of current technology.  Imagine what applying these principles would do for your J.C. Penney shopping experience! 

Ron Johnson’s leadership has contributed to a record level of growth for Apple’s retail stores.  Johnson previously worked for Target.

To read the rest of the story from the New York Times, click here: http://www.nytimes.com/2011/06/15/business/economy/15shop.html