True Value Names Senior Vice President & CFO

Chicago — True Value Company, one of the world’s largest hardware cooperatives, has named Deborah O’Connor as its new senior vice president and chief financial officer, succeeding current CFO David Shadduck who left True Value effective April 30, 2015, after nearly 14 years.

Tilly’s CFO To Depart

Irvine, Calif. — Jennifer Ehrhardt, chief financial officer of Tilly’s, Inc., a fast-growing specialty retailer with 212 stores, intends to resign. She will continue to serve as Tilly’s CFO for an interim period expected to end in June 2015, and will help with the transition process.

CEO of Sears Hometown and Outlet Stores, Inc. To Step Down

Hoffman Estates, Ill. — W. Bruce Johnson, CEO and president of Sears Hometown and Outlet Stores, Inc., by mutual agreement with the company's board of directors, will step down on August 1, 2015, the end of the company's second fiscal quarter. He will continue to serve on the board until May 27, 2015.

Build-A-Bear Workshop Appoints New COO

St. LouisBuild-A-Bear Workshop, Inc., an interactive entertainment retailer of customized stuffed animals, has named Chris Hurt to the position of chief operations officer, effective April 15, 2015. He joins the company from American Eagle Outfitters, Inc.

PetSmart Shakes Up Senior Leadership Team

Phoenix — PetSmart, Inc. has named six new leaders to its senior leadership team who, collectively, will be responsible for key growth areas, including customer experience, merchandise planning, strategy, initiatives, sourcing and real estate.

Sears Holdings & General Growth Properties Form Real Estate Joint Venture

Hoffman Estates, Ill. — Sears Holdings Corporation and General Growth Properties, Inc. (GGP) have entered into a real estate joint venture (JV) under which Sears Holdings has contributed 12 Sears Holdings properties located at GGP malls, involving both existing Sears Holdings stores and certain property leased to third parties occupying former Sears Holdings stores.

Joseph Abboud Opens First Store in New York City

New York City — Joseph Abboud has opened its flagship store, located at 424 Madison Ave., in New York City — marking the first under the umbrella of Men's Wearhouse, Inc. The 4,300-square-foot location was designed and styled collaboratively by Jeffrey Hutchison & Associates and Joseph Abboud.

IKEA To Install Fuel Cell System at Emeryville, Calif., Store

Conshohocken, Pa. — IKEA plans to install a fuel cell system manufactured by Bloom Energy at its location in Emeryville, Calif., which is one of two San Francisco-area stores for the Sweden-based home furnishings retailer. The fuel cell system will be installed, commissioned and activated by summer 2015.

AT&T To Open Signature Store in Boston

Dallas — To celebrate its long-standing partnership with Boston’s most iconic event, AT&T will introduce one of the largest and uniquely customized retail store on Boylston Street, opening days leading up to the Boston Marathon in April. 

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With a new ‘Store of the Future’ design, AT&T continues to grow and evolve from every angle of the retailing experience.

Dollar General CFO To Retire

Goodlettsville, Tenn. — David Tehle, executive vice president and chief financial officer of Dollar General Corporation, will retire on July 1, 2015. Prior to joining Dollar General in June 2004, Tehle spent 7 years with Haggar Corporation as executive vice president and CFO.

Dollar General Expands Into Three New States

Goodlettsville, Tenn. — Dollar General has marked a significant milestone in its company growth by celebrating new store grand openings in Oregon, Maine and Rhode Island — expanding the retailer’s presence to 43 states.

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