Hudson, Ohio — JOANN Stores, the nation’s leading fabric and craft specialty retailer, has named Wade Miquelon as president, CEO and a member of the board of directors. Miquelon was appointed interim president and CEO in October 2018, in addition to continuing in his role as executive vice president and CFO, and led JOANN through a successful holiday season.
News
San Francisco — On February 3, 2019, Charlotte Russe Holdings Corporation voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company plans to close approximately 94 of its 500+ stores.
Miami — The TREO Group, a privately-held real estate investment firm headquartered in Miami, has signed a lease for celebrity chef Jeremy Ford’s new restaurant concept, Afishonado, at Regatta Harbour, the mixed-use development transforming Coconut Grove’s waterfront. The development team partnered with Grove Bay Hospitality Group to bring the Bravo TV “Top Chef” winner to the destination in a significant next step to revolutionize the area’s waterfront with culinary experiences and more.
Irving, Texas — The Michaels Companies, Inc. has decided to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states. The company intends to rebrand up to 12 of the closed Pat Catan’s stores and reopen them under the Michaels banner.
Hudson Group Wins 10-Year Contract to Bring New Retail to Indianapolis International Airport
by Katie Lee
East Rutherford, N.J. — Hudson Group, a leader in North American travel retail, has won new business at Indianapolis International Airport (IND), bringing national brands and unique retail concepts to the Hoosier state. The 10-year contract, which is part of the airport’s concessions refresh program, includes nine stores and nearly 9,000 incremental square feet.
Philadelphia — With successful 2018 openings in four states, Saladworks, the healthy, fast-casual franchise, will continue to expand its national footprint to new and existing states in 2019. With 10 new stores committed to by new and existing franchisees in 2018, the expanding brand is on target to open 17 locations in 2019. Stores will open in Rhode Island, Colorado, Ohio, Virginia, California, Minnesota and Arkansas.
Latham, N.Y. — DWM Water Filtration has promoted Dovie Wood to water filtration specialist. She joined DWM in 2016 as a customer service coordinator. Her commitment to clients coupled with her mechanical background has resulted in outstanding results for DWM’s clients.
Columbus, Ohio — David Kornberg, chief executive officer of Express, Inc., a leading fashion apparel retailer, has departed. Effective January 22, 2019, Kornberg vacated his positions as CEO, president and a member of the board of directors. Kornberg will remain employed by the company through February 21, 2019. The board of directors has appointed Matthew Moellering as interim CEO and interim president until a permanent CEO and president is appointed.