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BUSINESS
Lorraine Mirabella | May 20, 2013
  Shoe and apparel retailer Johnston & Murphy has opened in Towson Town Center in Towson. The new 1,842-square-foot store, which opened Friday, is located on the mall's second level in the Crate & Barrel wing, mall officials said. The Towson store, the sixth in Maryland, sells business, leisure and loungewear apparel for men and women. Johnston & Murphy started in 1850 as a men's retailer but introduced a line of women's shoes, clothing and accessories five years ago. UPDATE: Another new location for Johnston & Murphy is a kiosk on concourse A/B at Baltimore/Washington International Thurgood Marshall Airport, where the retailer also has a full-sized store on concourse D. The 165-square-foot kiosk opened about a week ago, said a spokeswoman for Airmall USA, the airport's retail manager.
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BUSINESS
By Alec Matthew Klein and Alec Matthew Klein,Sun Staff Writer | June 23, 1995
With both a Woodward & Lothrop and Macy store, White Marsh Mall could be in for a shake-up if Macy's owner follows through on plans to buy most of the Woodies chain.Federated Department Stores Inc., a Cincinnati-based chain with 354 department stores, has disclosed few details about its intentions, but says it will acquire at least 11 of Woodward & Lothrop Inc.'s 15 department stores. Three are in the Baltimore area -- Columbia, Annapolis and White Marsh.But only the Woodies in White Marsh -- with about 200 employees -- goes head to head with another Federated department store.
BUSINESS
By BLOOMBERG NEWS | May 23, 1998
ST. LOUIS -- May Department Stores Co., parent of Hecht's, Lord & Taylor and others, said yesterday that it plans to invest $3.6 billion over five years in its department stores.By 2002, May will add 100 new department stores to its existing base of 370 stores, remodel or expand 100 stores and invest $350 million in new technology to improve service, Chief Executive Gene Kahn said in a statement to the company's annual meeting.May Department Stores, which had $12.4 billion in sales for the year that ended January 1998, plans to invest $725 million this year to open 19 new stores and expand seven stores, adding 2.9 million square feet of retail space by the end of the year, the retailer said.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | February 6, 1998
Mild weather and deep discounts on end-of-year merchandise lured consumers into the nation's stores in January, where shoppers gave retail sales a healthy boost and helped pull apparel sales out of a slump.After a disappointing Christmas, apparel retailers saw monthly sales climb into the 10 percent range."Apparel has been weak up to this point, and there was no reason for apparel to show any strength, but merchants slashed prices and consumers came out of the woodwork," said Kenneth Gassman, a retail analyst with Davenport & Co. in Richmond, Va.The trend toward shopping either upscale or at mass discounters continued as well, while department stores took a hit with only marginal sales increases.
BUSINESS
By ANDREA K. WALKER and ANDREA K. WALKER,SUN REPORTER | February 2, 2006
After nearly 150 years as a fixture in the local retail market, the Hecht Co. has begun the process of shutting its doors forever. The department store chain, which grew from a Baltimore furniture store started by Samuel Hecht in 1857, began major clearance sales at its stores this week. The sales are designed to clear out the stores so they can be converted to the Macy's nameplate by mid-April. The conversions are part of a plan by Federated Department Stores Inc., which acquired May Department Stores Inc. last year, to create a nationally recognized department store chain.
BUSINESS
By Jay Hancock and Jay Hancock,Sun Staff Writer | March 26, 1995
The names Woodward and Lothrop have graced dry goods emporiums for more than 100 years. Whether they will continue to do so is uncertain.Woodward & Lothrop Holdings is on the bidding block. As a result of its continuing bankruptcy process, the Alexandria, Va.-based department store chain is considering buyout proposals or other offers from outside investors.Chairman and CEO Robert B. Mang said last week that Woodies has received "viable interest" from four potential partners. Some are other retailers, he said.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | March 9, 2001
Retail sales grew at an expected slow pace in February, as U.S. consumers continued tightening spending amid a weakening economy. Sales at the nation's biggest chain stores rose, on average, 2.8 percent for the month, when retailers typically clear out winter merchandise, a Bank of Tokyo-Mitsubishi index showed. The gain fell short of a much healthier increase of 6 percent in February 1999, before consumer confidence began to ebb because of higher fuel costs and a plunging stock market.
NEWS
By Kim Clark and Meredith Schlow and Kim Clark and Meredith Schlow,Staff Writers | May 21, 1992
R.H. Macy & Co. Inc. announced yesterday that it will shut its 200-worker Hunt Valley Mall store by Aug. 1, raising fears about the survival of other retailers in the troubled mall.The New York-based retailer, which filed for Chapter 11 bankruptcy protection in late January, said it was also closing seven other stores nationwide, affecting 1,850 workers.The Hunt Valley store will be the second Macy-owned department store to be shuttered in Maryland this year. The debt-laden company has said it will close its I. Magnin store at White Flint Mall in Kensington on June 7.Macy's employees at Hunt Valley said they learned of the closure in a letter yesterday and were told they would receive four weeks of severance plus earned vacation pay. Macy also said it would help employees explore other job prospects in the company.
BUSINESS
By Alec Matthew Klein and Alec Matthew Klein,Sun Staff Writer | July 30, 1995
At 6:30 a.m., April 8, 1861, an obscure young man named John Wanamaker opened the doors to a modest clothing shop tucked in downtown Philadelphia, 94 hours before the first gunshot echo of the Civil War.More than a century later, the fabled Wanamaker name, graced on a 12-story granite and steel department store, will vanish from the retailing universe before a parade of lawyers in Room 627 of U.S. Bankruptcy Court in New York City at 10 a.m. Aug. 8.There goes...
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | June 16, 1999
With its new department store at The Mall in Columbia mostly completed and scheduled to open in September, Nordstrom Inc. is continuing an aggressive push along the East Coast.The Seattle-based retailer, which distinguishes stores with espresso bars, cafes, live piano music and shoeshine stands, will open its fourth department store in Maryland on Sept. 17 -- the latest since becoming an anchor at an expanded Annapolis Mall in 1994.The retailer known for customer service and large size assortments expanded to the East Coast just over a decade ago and entered the Baltimore-Washington market in 1991, opening in Bethesda and at Towson Town Center in 1992.
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