Express, Inc. Promotes CFO

Columbus, Ohio — Express, Inc. has promoted Perry Pericleous to senior vice president, chief financial officer and treasurer. He will report to Matthew Moellering, executive vice president and chief operating officer.

IKEA Launches Fuel Cell System in Emeryville, Calif.

Emeryville, Calif. — IKEA has officially ‘flipped the switch’ on a fuel cell system installed at its retail location in Emeryville, Calif. The project represents the first IKEA endeavor globally to convert biogas into electricity through a clean electro-chemical process. 

Kroger President & COO Retires

Cincinnati — Mike Ellis, president and chief operating officer of The Kroger Co., has retired after 40 years with the company. Ellis' successor will be named at a later date.

Tuesday Morning CFO To Depart

Dallas — Jeffrey N. Boyer, executive vice president, chief administrative officer and chief financial officer of Tuesday Morning Corporation, will resign his position on July 22, 2015.

Sears Unveils Connected Solutions Flagship

San Bruno, Calif. — Sears is launching a Connected Solutions flagship store that simplifies the way people shop for their connected home. Located at The Shops at Tanforan in San Bruno, Calif., it features a living room, kitchen, nursery, workout room, garage and outdoor area, so members can experience the benefits of smart technology firsthand. Nationally, Sears is expanding its Connected Solutions assortment to hundreds of stores.

Edible Arrangements Names New CFO

Wallingford, Conn. — Edible Arrangements International has named Tony DiPippa its new chief financial officer (CFO). DiPippa replaces former CFO George Wilson, who moves over to support Edible Arrangements founder and CEO Tariq Farid in the expansion of Edible Brands and his other ventures.

Aeropostale Executive Vice President Departs

New York City — Emilia Fabricant, executive vice president of merchandising at Aeropostale, Inc., is leaving the company. Effective immediately, the company's senior merchandising team will report to CEO Julian R. Geiger. There are no plans to seek a replacement for Fabricant at this time.

Shopko To Open 15 New Stores in July

Green Bay, Wis. — Continuing its path of growth, Shopko will open 15 new Shopko Hometown stores across eight states this July. The 15 new locations join 20 stores Shopko opened earlier this year and more than 15 additional stores the company plans to open in October.

Gap Inc. To Close 175 Stores

San Francisco — Gap Inc. plans to close about 175 specialty stores in North America over the next few years, with about 140 closures occurring this fiscal year. These changes will not impact Gap Outlet and Gap Factory Stores. The brand also will close a limited number of European stores.

ABG Acquires Frederick's Of Hollywood™

New York City — Authentic Brands Group, LLC (ABG), owner of a global portfolio of iconic fashion, sports and lifestyle, celebrity, media and entertainment brands, has purchased the iconic lingerie brand, Frederick's Of Hollywood™.

Orvis Names New President

Sunderland, Vt. — Perk Perkins, CEO of The Orvis Company Inc., has named the outdoor retailer's new president. William R. McLaughlin will succeed Raymond G. McCready, who will retire later this year. A former PepsiCo executive and CEO of Select Comfort Corporation, McLaughlin will assume the post on July 27, 2015.

Toys“R”Us Names New Chairman & CEO

Wayne, N.J. — Toys“R”Us, Inc., the world’s leading dedicated toy and baby products retailer, has appointed David A. Brandon as chairman and CEO, effective July 1, 2015, succeeding Antonio Urcelay, who will retire from the company.

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