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Coleson Fine Clothiers opens in new, larger spot in Manheim Township after move from downtown Lancaster, - LancasterOnline

Posted: 28 Mar 2019 10:00 AM PDT

After moving from downtown Lancaster, Coleson Fine Clothiers opened last week in its new location in Manheim Township.

The men's and women's clothing store at 1476 Lititz Pike has 10,000 square feet of retail space, compared to 6,000 square feet at its former location at 36-40 N. Queen St.

With the extra space, Coleson offers more clothing inventory and an expanded in-house tailor shop. In addition, there is a dedicated lounge for those getting custom-made clothing as well as a small in-house bar with a handful of stools where customers can get complementary brandy, wine and other drinks.

Shane Behmer, who owns the store with his wife, Kaitlin, describes Coleson as a "higher end" store that features men's and women's clothing, accessories and some jewelry, with slightly more items for men than women.

Behmer said the new location near Route 30 is more convenient for out-of-town customers and boasts 50 parking spaces. The store has 12 employees, with two added because of the move.

The Behmers bought the property for the new store, paying $800,000 in August for the building next to a Clarion Inn (formerly Days Inn). The structure was originally built as a clothing store but more recently was an insurance office.

The Behmers declined to estimate the cost of the renovations, which included completely gutting the building.

The Behmers got into the clothing business in 2013 when they bought TMB, a downtown men's and women's clothing store founded by Larry and Faye Helicher. The Helichers had opened the store in 1969 as The Male Bag at 202 W. King St., moving it to North Queen Street in 1976.

The Behmers changed the name to Coleson, in honor of their son, Cole, in 2015.

 

For more retail news: 

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LifeWay Christian Resources to close 170 stores, including one in Lancaster near Park City Center
Jerky shop to return to The Shops @ Rockvale; Memorial Day weekend reopened planned
Señor Hoagies opens in downtown Lancaster with Mexican-style subs, wraps

Shaq, JC Penney, casting 'big and tall' men for new ad - 11Alive.com WXIA

Posted: 27 Mar 2019 04:50 AM PDT

ATLANTA — Basketball star and mogul Shaquille O'Neal is casting for men of his stature for an upcoming advertisement for JC Penney.

The nationwide search includes online submissions and live casting calls, including a casting call in Atlanta, where Shaq will make an appearance on April 11 at the South Point Shopping Center's JCPenney in McDonough from 5 – 8 p.m. ET

Shaquille O'Neal XLG is the mogul's apparel line with JC Penney. The fashion line will offer over 60 unique styles of men's suited separates, dress shirts, ties and belts in a range of sizes, all at affordable price points. Sale prices include a suit for $199.99, sport coat for $114.99 and dress shirt for $32.50. Big & tall men will discover suited separates and sport coats in sizes up to 64, belts up to 4XL, and extra-long ties.

Each piece features a modern, understated design combined with a classic fit, allowing for an effortless style that easily transitions from day to night. Plus, each garment is infused with performance features including cooling technology, stretch fabrics and flex collars to ensure ultimate comfort.

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"I've always partnered with trusted, quality brands that have personal meaning to me, and I'm beyond excited to expand my relationship with JC Penney," said O'Neal. "Every big guy should have the opportunity to bring the sexy like I do, and I can't wait to help men just like me look their best with a men's clothing collection that not only fits their frames, but fits their wallets, too."

O'Neal began his partnership with JC Penney as the exclusive big & tall style ambassador in March of last year, showcasing his unique style and fun-loving personality throughout the Company's big & tall initiatives.

You can apply for the search here.

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Lululemon: 2 Things That Could Push the Stock Even Higher -- ICYMI - TheStreet.com

Posted: 28 Mar 2019 01:00 PM PDT

A lot is priced into Lululemon (LULU) shares now, after the fashionable athleisure retailer's earnings beat sending shares soaring. 

The stock rose 15.02% Thursday to $168.86 a share Thursday. Lululemon, RealMoney's Stock of the Day, reported earnings per share of $1.85 on an adjusted basis, beating analyst expectations of $1.75. For the current quarter, the company expects EPS of between 68 cents and 70 cents, ahead of expectations of 67 cents. 

Even after the stock roared, there could still be more upside, given two categories in which it still has room to grow. 

Men's Apparel

Sales of women's apparel rose 21% year-over-year, which maybe doesn't come as a surprise for a retailer that focuses on young women. But the men's category could be a huge boost as well. Sales of men's clothing rose 24% year-year, but RealMoney's Kevin Curran notes that Lulu will either have to find a way to get men into the stores on a sustained basis, or get them to shop heavily online. 

International

Lulu has yet to build a meaningful international business, as it's still expanding in the U.S. But international sales will be a key to achieving the company's ambitious goals. "Growth will need to be driven through internal drivers and international expansion plans," wrote D.A. Davidson & Co. analyst John Morris. "As management noted, China remains a key market for LULU, which would be paramount to the company's aspirations to become a $4.0B brand."

Related. Red Hot Lululemon Needs Male Customers to Keep Momentum Moving

Related. Chart of the Day: Has Lululemon Stock Stretched Too Far?

Will You Have Enough Money to Retire?

Want to learn about retirement planning from some of the nation's top experts? Join TheStreet's Robert "Mr. Retirement" Powell live in New York on April 6 for our Retirement Strategies Symposium. For a limited time, tickets are available for $99 for this full-day event. Check out the agenda, learn about the speakers and sign up here.

Lululemon’s growth plan: men’s apparel - Yahoo Finance

Posted: 28 Mar 2019 07:28 AM PDT

Lululemon posted strong 4Q results, reporting $1.17 billion in revenue. The athleisure brand is now betting bit on its future: men's apparel. Yahoo Finance's Brian Sozzi joins Dan Roberts, Akiko Fujita, and Sibile Marcellus to break down how men's athleisure could be the answer to standing out in a crowded market.

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