New York City — Macy’s, Inc.’s chairman and chief executive officer, Jeff Gennette, plans to retire in February 2024 after serving the company for 40 years. Tony Spring, Macy’s executive vice president and Bloomingdale’s chairman and CEO, has been appointed by the board of directors as the company’s next president and CEO-elect, and a member of the board of directors. As president, Spring will be responsible for leading Macy’s, Inc.’s digital, customer, merchandising and brand teams, while overseeing Bloomingdale’s and bluemercury. As a part of the leadership transition, Macy’s chief …
News
Atlanta — Carvel, the nostalgic ice cream franchise under the Focus Brands portfolio, is moving westward beyond its East Coast roots with its debut in a new market: Houston. This first-of-its-kind collaboration will bring Carvel to eight Houston-area locations over the next 5 years. The new locations are Buttermilk Baby restaurants — the newest concept developed by Berg Hospitality. Each Buttermilk Baby restaurant integrates the Carvel brand in its design and menu offerings, bringing Carvel to Houstonians in a unique way. Ben Berg, owner of Houston-based Berg Hospitality Group, is …
Phoenix — PetSmart has released its first annual corporate social responsibility (CSR) report. The report shares PetSmart’s progress across key priorities: (1) healthy and happy pets, (2) empowered people and (3) responsible stewardship. “This report captures the important progress we’ve made and sets the foundation for continued industry leadership across our commitments to our people, the pets in our care, the planet and the communities we serve,” says J.K. Symancyk, president and CEO of PetSmart. “I’m proud that our priorities reflect the thoughts, beliefs and passions of our more than …
Atlanta — Neel Patel joins Church’s Texas Chicken® as vice president, strategy & growth, a newly created role. He joined the company in late March. He reports directly to Joe Guith, CEO of Church’s Texas Chicken® and Texas Chicken™. In this role, Neel will drive strategic planning, data & analytics, and business transformation in addition to accelerating growth initiatives across all aspects of the business, including marketing, development, finance, supply chain and international. Patel joins Church’s Texas Chicken® from McKinsey & Company where he led growth-focused client engagements across several …
Charlotte, N.C. — Belk is opening five additional Belk Outlet locations as part of a new concept the retailer debuted at the start of 2023. For the first time in Belk’s almost 135-year history, the company launched Belk Outlet as an opportunity for customers to get the best brands at a great price. Belk’s Greeneville, Tenn., location pioneered the initiative as the company converted an existing store into the first Belk Outlet and opened its doors to the public on January 30. The feedback from customers was overwhelmingly positive, and …
Newport Beach, Calif. — Mountain Mike’s Pizza, LLC, a leading California-based family-style pizza chain for more than 40 years, has inked a development deal that will bring five new Mountain Mike’s locations to greater Las Vegas by 2027. The new deal was signed by longtime Mountain Mike’s franchisees Dalvir Janjua, Kamaljit Singh and Manpreet Rai, who currently own and operate two Mountain Mike’s Pizza restaurants in Reno, Nev., and another location in Stockton, Calif. The first of the new Las Vegas-area restaurants is slated to open by early 2024. With …
New York City — According to Tony Spring, Bloomingdale’s chairman and CEO, Denise Magid has been promoted to the newly created role of chief merchandising officer. She will report to Spring and will drive the strategic direction and performance of all Bloomingdale’s merchandising initiatives. The creation of the chief merchant role is a historic step for Bloomingdale’s and allows the brand to build on the momentum coming off its strong 2022 performance and its 150th anniversary celebration. “We are confident that Denise’s vision and leadership will continue to strengthen our …
Minneapolis — On the heels of inking its largest development deal to date, STEELE BRANDS®, a Minnesota-based company that establishes and develops healthy lifestyle restaurants, will debut its CRISP & GREEN® concept in Arkansas this spring. The healthy fast-casual brand is slated to open in Bentonville in April, marking the first of five CRISP & GREEN restaurants planned for the state. The Bentonville location will catapult CRISP & GREEN into its busiest year to date, in which it is expected to more than double its restaurant count across 15 states …
Baltimore, Md. — Vulcan, a leading provider of commercial cooking equipment, has named Alex Piñero as project manager – custom and heavy-duty products for the company. The new hire is part of Vulcan’s efforts to enhance the customer experience with a new design team. The new Vulcan design team is led by industry veteran Dan Montgomery, Vulcan’s director of consultant and design services. As the newest member of the design team, Piñero will be working with the company’s CAD/Revit Designer and will be the point of contact for the management …
New York City — Foot Locker will close more than 400 underperforming stores as part of its “Lace Up” plan, announced during the company’s 2023 Investor Day call. According to Tony Aversa, senior vice president of global store development, the move is part of a strategy to manage portfolio risk by way of strategic closures. The company currently operates 2,700 locations, which will be reduced to approximately 2,400 by 2026, a number which also reflects the planned addition of stores in new formats. Despite the closures, Foot Locker intends to …