Joe’s Jeans CEO Resigns

Los Angeles — Marc Crossman has tendered his resignation as president and chief executive officer of Joe’s Jeans Inc. In conjunction with his resignation, Crossman will be transitioning to a consulting position with the company. Samuel Joseph Furrow, Jr. (Jay Furrow) will serve as interim CEO.

Von Maur To Open Third Location in Georgia

Davenport, Iowa — Von Maur Department Store plans to open a 165,000-square-foot store at the Mall of Georgia in Buford, Ga. Scheduled to open in fall 2016, the store will be the company's third location in Georgia.

Walmart Opening 11 Supercenters Across Canada in January 2015

Mississauga, ON — Walmart Canada will open 11 supercenters by January 29, 2015, completing its expansion for the company's current fiscal year ending January 31, 2015. These completed real estate projects bring Walmart Canada's total store count to 394 stores, including 280 supercenters and 114 discount stores.

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The Home Depot Names New Chairman

Atlanta — The Home Depot’s board of directors has elected its CEO and president, Craig Menear, as chairman, effective February 2. He will succeed Frank Blake, who will retire as chairman.

Target To Pull Out of Canada

Minneapolis — Target Corporation plans to abandon its expansion into Canada less than 2 years after launch.

The company is shutting all of its 133 Canadian stores and expects to report about $5.4 billion in pre-tax losses for its fourth quarter, which finishes at the end of January. 

The Fresh Market Makes Leadership Changes

Greensboro, N.C. — The board of directors of The Fresh Market, Inc. has appointed Sean Crane, executive vice president and chief operating officer, to the position of interim chief executive officer, effective immediately.

KWI Names New Executive Appointments

New York City — KWI, an industry-leading cloud solutions provider to the specialty retail sector, has enjoyed record-breaking growth in its fiscal year 2014. The company celebrated 30 years in business adding new clients to its roster and additional key executives to its ranks. Expanding expertise, and utilizing progressive cloud innovation and advanced in-store functionality, led to an increased usage of mobile POS and real-time omni-channel capabilities, while positioning KWI for continued growth in 2015.



La-Z-Boy Names Chief Human Resources Officer

Monroe, Mich. — La-Z-Boy Incorporated has appointed Barbara J. Runyon as chief human resources officer. She will join the company on February 2, 2015, and will report to Kurt L. Darrow, La-Z-Boy's chairman, president and chief executive officer.

Halco Hires Product Manager, Commercial Fixtures

Norcross, Ga. — Halco Lighting Technologies, a leader in lamp, ballast and fixture product solutions, has added Ed Mackiewicz to the position of product manager, commercial fixtures, effective January 5, 2015. Mackiewicz joins Halco with over 30 years in lighting design and product management experience.

Protect-All® Flooring Launches New Website

Oscoda, Mich. — PROTECT-ALL® Flooring has officially launched a new website. The website can still be found at www.protect-allflooring.com.

The website refresh is one more step in Protect-All’s rebranding process, which has been going on throughout 2014 and includes a new logo and brand statement. Designed to be easy to navigate and help customers find things faster and easier, the new site fits in better with Protect-All’s strategic vision to raise brand awareness and increase market share.



Tanger Outlets Plans Outlet Center Near Memphis

Greensboro, N.C. — Tanger Factory Outlet Centers, Inc., plans to develop Tanger Outlets Memphis in partnership with Poag Shopping Centers, LLC. The partnership will commence construction immediately and open for the 2015 holiday season. The partners plan to initially deliver approximately 310,000 square feet of space to house around 70 upscale brand name and designer outlet stores. The site can accommodate future expansion to a total footprint of approximately 410,000 square feet of outlet and other retail uses. 

Gas Pipe Opens New Dallas Store

Dallas — Gas Pipe, Inc. has added its 14th retail outlet to the company's portfolio of stores in Texas and New Mexico. The new outlet, located in East Dallas, will offer more than 2,000 items in 65 product categories including casual clothing, sporting goods, cards, gifts and novelties, and smoking supplies.



“I'm really proud of the people who have made this expansion possible — the men and women in the Gas Pipe family who are the heart and soul of this company," says Jerry Shults, Gas Pipe’s founder, president and CEO.



The 1,600-square-foot facility operates between 10:00 a.m. and midnight.  "This opportunity to serve the people of East Dallas with our new store is exciting," says Amy Herrig, vice president. "We're thankful for the reception we've received from the community since opening our first store 44 years ago and we look forward to growing into this part of the Metroplex."



Gas Pipe, Inc. was founded by Shults in 1970 in Dallas.

 

SOURCE: Gas Pipe, Inc.

Hudson’s Bay Company Appoints New CEO

Toronto — Hudson’s Bay Company (HBC) has appointed Gerald (Jerry) Storch as chief executive officer, effective January 6, 2015. Storch will be responsible for Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH, Home Outfitters and HBC Digital. Richard Baker will continue as governor and executive chairman and together he and Storch will compose the Office of the Chairman.



2015 Commercial Construction Forecast

Chicago — Top commercial construction trends for 2015 include an increase in retail and restaurant ground-up construction and a rise in shopping mall renovations, according to national general construction firm Englewood Construction.

“Confident in the improving economy, national retailers and restaurant owners have been adding new locations this year, and we expect that activity to continue in 2015,” says William Di Santo, president of Lemont, Ill.-based Englewood Construction. “Shopping mall owners are also renovating their space to make trips to the mall more experiential.”



“In 2014, many retailers and restaurateurs added new venues as well as tore down existing stores and replaced them with new ones in order to meet brand standards,” Di Santo says. “While there still is ample space for retrofits in empty storefronts, we’re seeing more focus on ground-up construction.”



Englewood recently started three new ground-up projects toward the end of 2014, a Cooper’s Hawk Winery and Restaurant in Oak Lawn, Ill., a Seasons 52 restaurant from Darden in Bridgewater, N.J., and a 55,000-square-foot Hobby Lobby at Seabrook Crossings in Seabrook, N.H. In 2014, Englewood completed a ground-up Goodwill store in the Chicago area.



“Over the past few years, the majority of restaurant construction has been confined to upscale activity,” Di Santo says. “That has changed in recent months as consumers are returning in all categories, including fine dining, fast casual and fast food. As a result, we expect a very robust pipeline for restaurant work in 2015.”



Englewood also recently began an expansion at white tablecloth restaurant The Purple Pig in Chicago, as well as the renovation of a Yard House in Kansas City’s Power and Light District. Englewood is also working with Red Robin and Buffalo Wild Wings in the fast casual arena to roll out several new restaurants in 2015.



Investors will continue revitalizing and revamping malls over the upcoming year, such as the Stratford Square Mall in Bloomingdale, Ill., whose owners recently tapped Englewood to manage the mall’s redesign, construction and tenant coordination.

“The traditional mall has faced an uphill battle as competition from lifestyle centers and online shopping has only increased in recent years,” says Di Santo. “To draw shoppers to malls, investors will be adding entertainment venues, fine dining and other features that cannot be recreated online.”



“People are willing to go out and spend money on services they cannot get at home.” Di Santo says. “Entertainment options, such as new theater and bowling concepts, are both trending for 2015.”



Retail tenants are also relocating within malls from tucked-away corners to more expensive center-court locations that see more foot traffic. To offset the higher rent, national retailers are opting to take smaller floor plates rather than replicate the same size corner location store. For shopping mall owners, this has meant finding ways to reconfigure areas with mall renovation projects to support more retailers with smaller footprints, Di Santo says.



Some shopping mall owners make this new density work by improving sight lines for shoppers. “When more retailers are packed together, some can get lost in the shuffle,” Di Santo says. “Using a retail construction contractor to make both signage and showroom space visible to shoppers is imperative.”



For example, in Englewood’s recent construction of Harry Caray’s 7th Inning Stretch and Chicago Sports Museum in Chicago’s Water Tower Place, signage was visible but the restaurant space could not be seen from the escalators. “To bring more exposure, we pushed out the restaurant space to make it more visible and inviting,” Di Santo says. “We expect to see more retailers calling attention to their store locations through creative commercial construction problem solving.”



With the increase in ground-up retail and restaurant construction and the reconfiguration of shopping mall space, national commercial contractors have a lot to look forward to in 2015.

 

 

SOURCE: Englewood Construction

Sherwin-Williams™ Opens 4,000th Retail Store

Cleveland — Topping off three quarters of record growth, Sherwin-Williams has reached a new milestone in its 148-year history with the opening of its 4,000th retail location in the U.S., Canada and Caribbean. The nation’s largest specialty retailer of paint and painting supplies has opened its newest location in Sewickley, Pa.



“The opening of Sherwin-Williams 4,000th store is a landmark occasion for our company,” says Chris Connor, chairman and CEO, Sherwin-Williams.



For more information, visit www.sherwin-williams.com.

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