Sponsors
Billabong ▼ -0.005 | PPR ▼ -2.35 | American Apparel ▲ +0.019 | The Buckle ▼ -0.38 | Columbia ▼ -0.17 | Deckers Outdoor ▼ -0.22 | Dicks ▼ -0.61 | Foot Locker ▼ -0.46 | Genesco ▼ -0.28 | Iconix Brand Group ▼ -0.29 | Jarden Corp ▼ -0.45 | Nordstrom ▼ -0.16 | Luxottica ▲ +0.39 | Nike ▲ +0.53 | Pacific Sunwear ▲ +0.01 | Skullcandy ▼ -0.02 | Sport Chalet - 0 | Urban Outfitters ▲ +0.09 | VF Corp ▲ +0.47 | Quiksilver ▼ -0.027 | Zumiez ▼ -0.27 | Macys ▼ -0.22 | Tillys ▲ +0.17 |
Ticker Sponsor
Readers Say
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Industry Insight

AGENDA: Last chance to register before July 8-9 show.
ISPO: Shanghai trade show runs July 2 - 4.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Forever 21 and Kohl's buy Mervyns locations

By Tiffany Montgomery
December 12, 2008 6:20 AM

Forever 21 and Kohl's teamed up on a successful bid to takeover the leases of old Mervyns locations, Kohl's announced today. Together, the two retailers acquired 46 locations for $6.25 million.

Forever 21 will take 15 of the stores, and Kohl's 31. It was not clear which locations each chain would assume.

The court overseeing Mervyns bankruptcy proceedings has to approve the deal.

Forever 21 and its "cheap chic" apparel and accessories is a competitor for the juniors side of the action sports market. 

Mervyns stores are typically standalone, large stores ranging from 65,000 to 85,000 square feet. Mervyns are also usually found in mid-tier strip centers. The size and locations of Mervyns make it in interesting choice for Forever 21.

Forever does have a store in Pasadena that is 40,000 square feet and two levels. The company said on its website that the store is designed for all ages and demographics and has "shop in shop" concepts.


Articles You Might Have Missed