Our Mission

Learn who we are and how we serve our community

Leadership

Meet our leaders, trustees and team

ICSC Foundation

Support up-and-coming professionals

ICSC Exchange

Catch up on industry ideas, news and views

Research

Check out wide-ranging resources that educate and inspire

Global Public Policy

Learn about the governmental initiatives we support

Events

Connect with other professionals at a local, regional or national event

Professional Development

Grow your skills online, in a class or at an event with expert guidance

Find Members

Access our Member Directory and connect with colleagues

Find Outlets

Get data and contact information for shopping outlets

Talent HQ

Search and post jobs, upload your resume or find qualified candidates

Become a Member

Learn about how to join ICSC and the benefits of membership

Renew Membership

Stay connected with ICSC and continue to receive membership benefits

Industry News

Lands’ End to open 40 to 60 stores

Apparel retailer Lands’ End plans to add 40 to 60 stores over the next five years, on the heels of a dramatic improvement in earnings, reports the Wisconsin State Journal. The retailer reported its third successive quarter of positive earnings for the fourth quarter of 2017, in the wake of 11 quarters of decline. Net income for the fourth quarter was $39.8 million on $510 million in revenue, versus a net loss of $94.8 million on revenue of $458.8 million for the previous year's comparable quarter. Last year Lands' End achieved its first 12-month profit since 2014.

"We are pleased with our strong performance in the fourth quarter, as we continued to gain momentum behind our merchandising, marketing and digital initiatives, and [we] ended the year on a solid note,” said CEO Jerome S. Griffith in the earnings report. “During 2017 we stabilized the brand, grew our buyer file, reconnected with our core customer, improved our business processes and drove growth across our four key categories. As we look forward, we will continue to execute on our strategic plan and continue to focus on driving consistent performance across the business."

Dodgeville, Wis.–based Lands’ End closed out 2017 with 174 shops within Sears stores, down from 214 stores at the end of 2016. Leases on its remaining Sears stores are set to expire over the next two years, the Wisconsin State Journal reports. The company has 11 stores that are not connected to Sears. Lands' End was acquired by the department store chain but was spun off in 2014.

Griffith told the newspaper that the company plans to open a stand-alone store in the Chicago area this spring, plus four to six stores by the end of the year, and those will be followed by as many as 60 over the next five years.

Meanwhile, the newspaper reports that Lands’ End is shipping uniforms to some 60,000 Delta Air Lines employees and in January won a contract to do the same for 50,000 American Airlines workers.

By Edmund Mander

Director, Editor-In-Chief/SCT

Save on getting the scoop

Our members get discounted publications, access to ICSC Exchange, and a free subscription to Shopping Centers Today.

Join ICSC today