Dollar General Opens 12,000th Store

Goodlettsville, Tenn. — Dollar General Corporation has opened its 12,000th store in the small, historic town of Juliette, Ga. Dollar General anticipates opening 730 new stores in 2015 and plans to remodel or relocate an additional 875 stores.

New Lolë Flagship Store to Open in Fall 2015

Montreal — Montreal-based activewear brand, Lolë, will open a new store this fall. Situated in the commercial epicenter of Montreal, the new Atelier (“workshop” in French) will be located at 954 Rue Ste-Catherine West. The store will serve as the city's flagship Lolë location.

Chico's FAS President & CEO To Retire in Spring 2016

Fort Myers, Fla. — Chico's FAS, Inc.’s president and CEO, David F. Dyer, intends to retire in spring 2016. He will continue in his present role until a successor is appointed. After a successor is named, Dyer will remain on the board in the newly-created role of vice chairman through his current term, which ends at the company's annual meeting of shareholders in June 2016.

Saks Fifth Avenue OFF 5TH Plans To Open 25 Locations in Canada

Toronto — Saks Fifth Avenue OFF 5TH has revealed its first three store locations in Canada as it prepares to enter the Canadian marketplace in 2016. Three Ontario cities — Ottawa, Niagara-on-the-Lake, and Vaughan (just north of Toronto) — will welcome Saks Fifth Avenue OFF 5TH stores in spring 2016. This announcement identifies the first of up to 25 locations that Saks Fifth Avenue OFF 5TH plans to open nationwide.

Habitat NYC To Open New York City's First ReStore

New York City — Habitat for Humanity New York City will cut the ribbon on the first ever ReStore location in New York City on June 13, 2015. The 3,500-square-foot Habitat NYC ReStore will be an affordable home improvement center offering a variety of building materials including appliances, furniture, hardware and other discounted merchandise.

Walmart’s Way

Walmart leads the retail industry in LED lighting applications, teaming up with GE Lighting to achieve a 40% reduction in store lighting costs worldwide.

Lowe's Canada To Acquire Leases of 13 Former Target Stores

Toronto — Lowe's Canada has reached agreement to acquire the leases of 13 former Target Canada locations and to purchase Target's Milton, Ontario, distribution center for approximately C$151 million. This acquisition came as part of a real estate auction following Target's decision to cease operations in Canada. 

H&M To Open Its Largest Store in Herald Square

New York City — H&M, Hennes & Mauritz, one of the world's largest fashion retailers, is close to opening its Herald Center flagship. The Swedish retailer will open its largest H&M store in the world on May 20, 2015 in New York City’s Herald Square.

Bass Pro Shops at the Pyramid Celebrates Iconic Grand Opening

Memphis, Tenn.Bass Pro Shops at the Pyramid, a new national destination experience located in downtown Memphis, is now open to the public. Located inside a massive transformed sports arena, this new, immersive retail experience includes a wilderness hotel called Big Cypress Lodge, nearly 600,000 gallons of water features, a cypress swamp with 100-foot-tall trees, the interactive Ducks Unlimited Waterfowling Heritage Center, and The Lookout, a breathtaking glass-floored cantilevering observation deck at the top of the 32-story steel Pyramid.

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.

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