bebe To Enter Greater China With Up to 150 New Shops

Brisbane, Calif. — bebe stores, inc. has signed a 5-year exclusive license with Longgoal LLC, a Shanghai-based agency of international high-end brands, to open between 60 and 150 bebe points of distribution in Greater China, Hong Kong, Macau and Taiwan. The first boutique is expected to open in summer 2016.

West Elm To Launch First Shop-in-Shop Location

Brooklyn, N.Y. — Brooklyn, N.Y.-based home furnishing retailer West Elm, a member of the Williams-Sonoma, Inc. portfolio of brands, will open its first shop-in-shop in John Lewis, the UK’s largest department store retailer.

Belk, Inc. To Be Acquired By Sycamore Partners

Charlotte, N.C. — Belk, Inc., the nation's largest family owned and operated fashion department store company, has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners will acquire 100% of Belk in a $3 billion transaction.

Lowe's Canada Names VP of Real Estate, Construction & Store Design

Toronto — Lowe's Canada has appointed Jeff Boyd as vice president, real estate, construction and store design, effective immediately. Boyd joined Lowe's in October 2007 and has played an instrumental role in the development of the company's real estate and construction function in Canada over the past 7 and a half years.

Cabela’s Inc. Makes Executive Transitions

Sidney, Neb. — Effective August 31, 2015, Brian J. Linneman, executive vice president and chief merchandising officer of Cabela’s Incorporated, will transition from his current position and become a strategic advisor to the company.

Paradies To Be Acquired by Lagardère Travel Retail

Atlanta — Paradies, a leading airport concessionaire in the U.S., has signed an agreement to be acquired by Lagardère Travel Retail, a global leader in travel retail that operates in 150 airports across 30 countries. The closing is expected in the fourth quarter of 2015.

DSW To Open 22 New Stores in Fall 2015

Columbus, Ohio — DSW Inc., a leading branded footwear and accessories retailer, plans to open 22 new stores this fall. The DSW store locations will be nationwide, including the opening of six stores in new markets.

Sephora To Expand Presence in Canada

Montreal — Sephora continues to revolutionize the Canadian retail landscape with the launch of a newly optimized Canadian experience and the opening of a distribution center.  The beauty retailer currently has more than 56 stores in Canada.

Hallmark Names New CFO

Kansas City, Mo. — Jim Shay has been named executive vice president and chief financial officer of Hallmark Cards, Inc. He will join Hallmark on September 8, 2015.

Petco Strengthens Leadership Team

San Diego — Petco has made several key leadership changes, including the addition of chairman responsibilities to CEO Jim Myers' role and naming Brad Weston president. Additionally, Steve Lossing has been promoted to senior vice president, operations. Lossing's previous role will be helmed by Rebecca Frechette, the company's new senior vice president, merchandising.

J. Crew Mercantile To Open Second U.S. Location

Chicago and MilwaukeeHSA Commercial Real Estate has executed a lease with J. Crew to open the retailer’s second Mercantile branded store in the country at The Mayfair Collection shopping center (pictured) in Wauwatosa, Wis. J. Crew Mercantile will be located between Ulta and Men’s Wearhouse in the project’s first phase. J. Crew announced earlier this year that the company is opening its first Mercantile store at the Nordstrom Rack-anchored The Shops at Park Lane in Dallas.

Foot Locker Names SVP and Chief Information Officer

New York City — Foot Locker, Inc., a New York-based specialty athletic retailer, has appointed Pawan Verma as senior vice president and chief information officer, effective August 10. Verma succeeds Peter Brown, who retired in April after 38 years with the company.

7-Eleven Signs Master Franchise Agreement To Operate Stores in Vietnam

Dallas — 7-Eleven, Inc. (SEI), the world's largest convenience retailer with 56,400 stores worldwide, has signed a master franchise agreement with Seven System Vietnam Co. Ltd. to develop and operate 7-Eleven® stores in Vietnam. The expansion marks the company's first stake in the Pacific Rim since 7-Eleven entered Indonesia in 2009.

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