Bridgestone To Acquire Pep Boys

Nashville, Tenn. and Philadelphia — The Pep Boys – Manny, Moe & Jack and Bridgestone Retail Operations, LLC (BSRO), a wholly owned subsidiary of Bridgestone Americas, Inc., have entered into a definitive merger agreement under which BSRO will acquire Pep Boys in an all-cash transaction for approximately $835 million in aggregate equity value.

Century 21 Department Store Opening 10th Location

New York — On October 27, Century 21 Department Store will open an approximately 70,000-square-foot, two-level store at Green Acres Mall in Valley Stream, N.Y., on the South Shore of Long Island. It will be the 10th department store for the legendary Manhattan-based retailer.

Bloomingdale’s Debuts in Hawaii

Honolulu — Bloomingdale’s will enter the Hawaii market with the opening of its new Ala Moana store on November 12, 2015 in Honolulu on the Island of O’ahu. This location will serve as the centerpiece of a major retail expansion and common area renovation at Ala Moana Center, the world’s largest open-air shopping mall.

Escada Opens First Atlanta Boutique

Atlanta — On October 17, 2015, ESCADA opened its first boutique in Atlanta at Lenox Square. The shopping center is located in the heart of Buckhead, one of the South’s premier luxury shopping destinations.

Brooks Brothers Enters JV Partnership to Accelerate Growth in China

New York City, Hong Kong, Beijing and Shanghai — Brooks Brothers Group, Inc and Walton Brown Group, a subsidiary of The Lane Crawford Joyce Group, Asia's premier fashion retail and brand management group, have established a joint venture that will open more than 10 points of sale for Brooks Brothers in the first 2 years.

REI Continues To Expand

Seattle — Over the next 2 years, REI will open a new store in Fort Worth, Texas, in spring 2016 and relocate REI Rockville in spring 2017. Additionally, a flagship REI location is planned for Washington, D.C., in fall 2016.

Marshalls Opens 1,000th Store

New York City — October marks a major milestone for Marshalls, one of the nation's leading off-price retailers, as it celebrates its 1,000th store opening.

First 7-Eleven Store Opens In Middle East

Dubai, United Arab Emirates — Seven Emirates Investment LLC, a master franchisee of 7-Eleven, Inc., opened its first 7-Eleven store in the Middle East on October 6, 2015. The 2,000-square-foot store is in Bay Square, near downtown Dubai and the world's tallest building, Burj Khalifa Tower.

Ross Stores Opens 26 New Locations

Dublin, Calif. — Ross Stores has opened 19 Ross Dress for Less® and seven dd's DISCOUNTS® stores across 14 different states in September and October. These new locations complete the company's 2015 expansion plans to add 90 stores during the year.

Stop & Shop To Convert 25 Former A&P Stores in Greater New York

Purchase, N.Y. — The Stop & Shop Supermarket Company LLC will begin converting 25 A&P stores it acquired on October 8, 2015. During this process, groups of up to five stores will temporarily close for approximately 7 days and all of the conversions are expected to be completed by November 13th. 

American Apparel Files for Chapter 11 Reorganization

Los Angeles — American Apparel, Inc., a vertically-integrated manufacturer, distributor and retailer of branded fashion-basic apparel, has reached a restructuring support agreement with 95% of its secured lenders to implement a pre-arranged financial restructuring.

Nordstrom Opens Second Twin Cities Location

Seattle — Nordstrom, Inc. has opened its new store at Ridgedale in Minnetonka, Minn., its second full-line store in the Twin Cities. The two-level, 140,000-square-foot store features the latest interior and exterior design concepts, a full-service restaurant and bar, and an enhanced beauty experience. The first Nordstrom store in the Twin Cities opened at Mall of America in 1992.

Ross Dress for Less To Enter Wisconsin With Three New Stores

Dublin, Calif. — Ross Dress for Less® will open its first stores in Wisconsin on October 10, 2015. The three stores are located in the cities of Brookfield, Eau Claire and West Allis. These openings are part of the retailer's 2015 expansion program, totaling approximately 70 new locations during the year.

Academy Sports + Outdoors Names President and CEO

Katy, Texas — Academy, Ltd. d/b/a Academy Sports + Outdoors, a premier sports, outdoor and lifestyle retailer, has named James Kevin “J.K.” Symancyk as president and CEO, effective November 2, 2015. Previously, he was president of Meijer Inc.

PetSmart Appoints Senior Vice President and CFO

Phoenix — PetSmart, Inc. has named Rob Anderson to the position of senior vice president and chief financial officer, effective October 5, 2015. He brings more than 25 years of financial experience, most recently serving as CFO for Save-A-Lot, a $4.8 billion discount grocery chain.

First UGG® for Men Pop-Up Shop Opens in San Francisco

New York City — The UGG® brand, a division of Deckers Brands, has opened an UGG® for Men pop-up shop in San Francisco. Complementing the brand's permanent men's-only locations in New York and Hawaii, the new 554-square-foot pop-up store is located in the Westfield Centre in the Union Square area of San Francisco.

Kroger Names President of Delta Division

Cincinnati — The Kroger Co. has promoted Scot Hendricks to president of Kroger's Delta division, effective October 1. Kroger's Delta division is based in Memphis, Tenn., and operates stores in Western Tennessee, Kentucky, Mississippi, Arkansas and Missouri.

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