CALIFORNIA BUSINESS MINUTE
Hot Retailers
05-25-11
Hi, I am Tim Johnson and welcome to the California Business Minute.
Trying to find out what is hot in the retailing? According to the International
Council for Shopping Centers, (ICSC) their selection for the Hot Retailers Awards
of 2011 went to four companies, including one from California presented at ICSC’s
global retail real estate convention, RECon, yesterday in Las Vegas
“Every year ICSC recognizes retailers that create unique and exciting shopping
experiences that draw consumers into shopping centers around the world,” said
Michael P. Kercheval, ICSC’s president and CEO.
Athleta was founded with the mission of providing women athletes with apparel for
different sports and fitness activities. The company has become one of the premier
brands in the rapidly growing women’s sports and active apparel markets. Athleta
sells its products in stores, catalogs and via its website, www.athleta.com. The
company is headquartered in Petaluma, CA, and has nearly 200 employees. Athleta was
acquired by Gap Inc. in September 2008 and is part of the Gap Inc. Division.
Denver-based Smashburger, the country’s fastest growing fast casual “better burger”
restaurant concept, is designed to be every city's favorite place for burgers.
Smashburger operates and develops corporate, joint venture and franchise stores
across the country. Smashburger currently has 100 stores nationwide, and with the
commitment from its franchise partners to build over 400 units, Smashburger is on
target to have 500 plus stores in the next few years. To learn more about Smashburger,
visit www.smashburger.com,
A leader in the grocery retailing industry since 1976, ALDI has more than 1,100 U.S.
stores located in 31 states primarily from Kansas to the East Coast. For more
information about ALDI, visit www.aldi.us.
Fossil Inc. is a global retailer specializing in the design, innovation, and marketing
of fashion lifestyle and accessory products. Fossil is internationally known for its
eclectic assortment of lifestyle and accessory items including watches, handbags, and
clothing.
I am Tim Johnson and this has been the California Business Minute.
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