Charming Charlie Files for Chapter 11 Bankruptcy, Plans to Close 97 Stores

Houston — Citing struggles stemming from the rise of e-commerce, fashion retailer Charming Charlie has filed for Chapter 11 bankruptcy protection. During the Chapter 11 process, which was filed on December 11, 2017, the Houston-based fashion retailer plans to restructure its debt while maintaining and operating a majority of its stores, as well as its online platform.

Macy’s Executive Chairman To Retire

Cincinnati — Terry Lundgren, executive chairman of Macy’s, Inc., will retire from the board of directors on January 31, 2018. The board has appointed Jeff Gennette, who has been CEO since March 2017, to the additional role of chairman effective January 31, 2018. This will complete the planned transition that was announced in June 2016. Marna Whittington remains lead independent director. Following Lundgren’s retirement, the board will have 10 directors.

Target to Acquire Same-Day Delivery Platform Shipt, Inc.

Minneapolis — Target Corp. has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for $550 million in cash. Target will leverage its network of stores and Shipt’s proprietary technology platform and community of shoppers to quickly and efficiently bring same-day delivery to guests across the country. The acquisition significantly accelerates Target’s digital fulfillment efforts, bringing same-day delivery services to guests at approximately half of Target stores by early 2018. The service will be offered from the majority of Target stores, and in all major markets, before the 2018 holiday season.

Natural Grocers Appoints New CFO

Lakewood, Colo. — Natural Grocers by Vitamin Cottage, Inc. has appointed Todd Dissinger as chief financial officer (CFO), effective January 1, 2018. Dissinger will assume the CFO role from Sandra Buffa, who will retire effective December 31, 2017.

Robert Redford's Sundance Opens New Store in San Diego

Salt Lake City — Sundance, a premier lifestyle retailer of women's and men's apparel, footwear, jewelry, accessories, art and home décor, has opened its newest store in San Diego. This store, located in Westfield University Town Center, opened in November 2017.

Hermès Opens a New Store in Toronto

Toronto — Luxury retailer Hermès has opened in Toronto at 100 Bloor Street West. Designed by the Parisian architecture agency RDAI, the nearly 6,000-square-foot retail space presents a full transformation of Hermès' presence in Toronto.

PetSmart Opens 1,600th Store in North America, Now Also in all 50 U.S. States

Phoenix — PetSmart has reached a major milestone by opening its 1,600th store in its expanding store footprint across North America. The 1,600th store opened Thanksgiving week and is located in El Paso, Texas. In addition, the pet specialty retailer opened its Casper, Wyo., store in October, marking PetSmart’s presence now in all 50 U.S. states.

Payless Prepares For Growth Post-Bankruptcy

Topeka, Kan. — Payless ShoeSource has outlined several key initiatives as part of the company's ongoing transformation. These actions will increase efficiencies across operations and allow Payless to re-prioritize the business to focus on the customer, accelerate and expand its e-commerce business, and invest in future growth — including expanding its domestic and international footprint.

Lindt Opens New Chocolate Shop at Opry Mills

Nashville, Tenn. — Premium Swiss chocolatier Lindt opened its newest Lindt Chocolate Shop at Opry Mills in Nashville, Tenn., on November 17, 2017. The Lindt Chocolate Shop features an array of premium Lindt chocolate offerings including over 20 flavors of the iconic LINDOR truffle, EXCELLENCE premium dark chocolate bars, exclusive Master Chocolatier Specialties and holiday gifts.

American Girl Place New York Opens Flagship at Rockefeller Plaza

Middleton, Wis. — On November 11, 2017, American Girl Place New York opened at its new 75 Rockefeller Plaza location. The stunning 40,000-square-foot New York flagship store is filled with the popular products girls love — from the signature American Girl dolls and accessories to the brand's hundreds of bestselling fiction and advice books.

Sears Opens Unique Concept Store in Honolulu

Hoffman Estates, Ill. — Sears has opened a new store dedicated to appliances and mattresses in Honolulu. The unique retail concept focuses on two of Sears's strongest categories, appliances and mattresses, while continuing to offer the expertise and capability of its leading integrated services. The new store builds on the success of the first Sears Appliances & Mattresses store located in Pharr, Texas, which has been open since June 2017, as well as the Sears Appliances store, which opened in Ft. Collins, Colo., in 2016.

Yankee Candle Opens First Immersive Pop-Up Shop in NYC

South Deerfield, Mass. — Home fragrance expert Yankee Candle opened its first-ever experiential pop-up shop, CandlePower by Yankee Candle, in New York City on November 9, 2017. Open until January 3, 2018 in SoHo, the 5,340-square-foot store features 10 immersive exhibits to ignite the senses through scent, sight, sound and touch.

Cole Haan Unveils New UAE Flagship Store

Dubai — Cole Haan, an iconic American lifestyle accessories brand and retailer of premium men's and women's footwear and accessories, has unveiled its newly refurbished flagship store at Dubai Mall in the United Arab Emirates. At approximately 2,283 square feet, this location is the second largest Cole Haan store worldwide.

At Home Opens First Home Décor Superstore in New Jersey

Plano, Texas — At Home Group Inc. continues its nationwide expansion with the opening of its first New Jersey location on November 2, 2017 in Cherry Hill, opposite the Cherry Hill Mall. The Cherry Hill store is At Home’s 145th location as it enters its 34th U.S. state.

PGA TOUR Superstore Opens 30th Location

Atlanta — On November 4, 2017 in Jacksonville, Fla., PGA TOUR Superstore oepned an interactive retail store, located at 4906 Town Center Pkwy at The Strand. This marks the retailer’s 30th store nationwide.

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