Plano, Texas — J. C. Penney Company, Inc.’s board of directors has appointed Jill Soltau as chief executive officer and a member of the board, effective October 15, 2018. Soltau is a 30-year retail veteran who most recently served as president and CEO of JOANN Stores, the nation’s largest fabric and crafts retailer, after serving as president of Shopko Stores.
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New York — FM Restaurants HoldCo, LLC, an affiliate of Z Capital Group, LLC, a leading alternative asset manager of opportunistic, value-oriented private equity and credit funds, has appointed Randy Sharpe as chief executive officer and Ned Algeo as chief financial officer.
Los Angeles — As electric vehicle (EV) automakers launch their 2019 models and announce their plans for 2020-2022, EVgo, the largest public electric vehicle (EV) fast charging network in California and across the U.S., has accelerated construction work in progress and will add hundreds of EVgo fast chargers this year in California alone.
Seattle — Nordstrom, Inc. recently opened Nordstrom Local Brentwood (214 26th St.) on September 28. Nordstrom Local Downtown Los Angeles (The Bloc, 750 W. 7th St., Suite S200) will open on October 12. Both stores bring unique services and design aesthetics to reflect the needs of customers who live nearby.
St. Louis — Construction is complete for the new $2 million HopCat restaurant and craft beer bar in the Delmar Loop in St. Louis, with Knoebel Construction serving as the general contractor. The new 8,580-square-foot location features seating for 245 guests, draft bar, an outdoor beer garden that seats 100 guests and event space. The developer was BarFly Ventures and the architect was Cuhaci & Peterson.
New York City — BIRKENSTOCK has opened its first company-owned retail store in the United States. The store is located in the historic SoHo neighborhood of lower Manhattan. Celebrating over 50 years of distribution in the U.S., the SoHo store gives the German brand a new home in the heart of New York, laying the groundwork for the continued growth of BIRKENSTOCK in the U.S. market.