San Francisco — Gap Inc. no longer intends to separate Old Navy into a standalone public company. Additionally, the company has announced that Neil Fiske, president and CEO of Gap brand, will leave the company. “The plan to separate was rooted in our commitment to value creation from our portfolio of iconic brands,” says Robert Fisher, Gap Inc. interim president and chief executive officer. “While the objectives of the separation remain relevant, our board of directors has concluded that the cost and complexity of splitting into two companies, combined with …
— Interview with Ted Stouch — R&R: Where are you based and how long have you been in business? Ted Stouch: Action Services Group is headquartered in the Philadelphia suburb of Aston, Pennsylvania. Incorporated in 1991, we started as a national lighting and signage company. In 2001 we added our LED retrofit and electrical service lines, focusing our business goals on providing an exceptional customer experience. R&R: What is your title? Stouch: President and CEO. I am the founder of Action Services Group and have been with the company …
— Interview with John Mitro — R&R: Where are you based and how long has the company been in business? John Mitro: Delta Controls is headquartered near Vancouver, British Columbia, in Canada, and has representation in every major market in the United States and Canada. We were founded in 1986. R&R: What is your title, and how long have you been with the company? Mitro: I am a Certified Energy Manager, supporting clients in my business development manager – U.S. role. I have been with Delta Controls over 12 …
Hudson, Wis. — Standex Refrigerated Solutions Group (RSG) recently named Erik Meyer vice president of finance, reporting directly to Kevin Fink, president of Standex RSG. In his new role, Meyer will be instrumental in leading the RSG finance team across the Master-Bilt and Nor-Lake brands within the Refrigerated Solutions Group. “We are confident that Erik will be an asset to RSG with 17 years of experience as a senior finance and supply chain executive,” Fink says. Meyer most recently worked as director of supply chain finance for Dessert Holdings and …
— By Ray Hatch — How restaurants can help curb the plastics epidemic. With 2020 having been set as a benchmark for business’ sustainability programs, many restaurant operations are working hard to achieve their waste-reduction goals. One area that restaurants are starting to focus their attention, and rightly so, is on the problem of post-consumer waste. Your operation can be squeaky clean and generating a relatively low volume of waste, but once you account for single-use packaging… your environmental footprint becomes significantly larger. Nothing can derail an environmental program …
— By Anthony Vross — Addressing ponding water on a heavily penetrated low slope roof. There are essentially two ways water leaves a roof: positive drainage or evaporation. When neither can occur quickly enough, the result is ponding water. Ponding water is defined as any water remaining on a roof 48 hours after a rain. Most commonly occurring on low-slope commercial roofs, ponding water can result from poor building/roof design, poor drainage and pockets forming on the roof after a building or substrate settles. Retail and restaurant facility managers …
Bradenton, Fla. — Award-winning breakfast, brunch and lunch concept First Watch has hired Greg Barber as its new chief transformation officer. In this newly created role, Barber is responsible for leading strategy development and will partner with First Watch’s key functional leaders on the development and implementation of critical corporate initiatives. Prior to joining First Watch, Barber spent 9 years working for PepsiCo, Inc. in Purchase, N.Y., where he led strategy development for PepsiCo’s North American beverage division before ultimately leading the Fortune 50 company’s global business development in the …
Framingham, Mass. — Bose Corp. will close all of its 54 stores in the U.S., as well as many remaining locations in Australia, Japan and Europe in the coming months, totaling 119 brick-and-mortar locations. The Framingham, Mass.-based company, which specializes in audio engineering, said the closures are due to “dramatic” shifts to online shopping. Bose opened its first store in 1993 and currently has its biggest concentration of stores in the Northeast (10), Southern California (nine) and Florida (seven). “Originally, our retail stores gave people a way to experience, test and …
Toronto — Hudson’s Bay Company (HBC) has appointed Iain Nairn as president, effective January 12, 2020. A highly accomplished retail executive, Nairn has a remarkable track record of driving profitable growth and transformational change at a wide variety of retailers, from specialty to department store formats. He reports directly to Helena Foulkes, CEO of HBC. “We took time to conduct a thorough, worldwide search to ensure we found the right person to lead the business and steward the Hudson’s Bay brand,” Foulkes says. “Iain brings strong leadership, sharp focus and …
Los Angeles — Unibail-Rodamco-Westfield plans to redevelop the long-vacated former Sears department store in the Canoga Park neighborhood of Los Angeles into a new dining and entertainment district. The empty store is located in the Westfield Topanga & The Village shopping center. Slated to open in late 2021, the new district will feature a chef-driven food hall, sit-down restaurants, lounges, cocktail bars, interior and exterior boutiques, and entertainment and recreational activities, as well as landscaped indoor and outdoor public spaces and plazas. The renovation will also create a grand entrance …