Melville, N.Y. — Former Sears Holdings and Ashley Furniture real estate and M&A executive Jim Terrell has joined A&G Realty Partners as a senior managing director.
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Nashville, Tenn. — W. Michael Madden has resigned from his roles as president, chief executive officer and director of Kirkland’s, Inc., effective immediately, and will serve as an employee-advisor to the board until June 30, 2018. Michael B. Cairnes, the company’s executive vice president and chief operating officer, will serve as acting CEO while the board conducts a search for a new CEO.
New York City — On April 7, 2018, Brooks Brothers, America’s oldest retailer, marked its 200-year anniversary. Since opening its doors on April 7, 1818, in New York City, Brooks Brothers has grown from a small family haberdasher to become a global brand that has shaped and defined American style.
Denver — Chipotle Mexican Grill plans to divert half of all of its restaurant waste from landfills by 2020. Since 2015, Chipotle has made significant strides towards reducing the amount of food and packaging waste bound for landfills, increasing its diversion rate from 31% that year to 40% in 2017. Now the company embarks on achieving a 50% diversion rate.
Lancaster, Pa. — Armstrong Flooring has named Linron, the nation’s leading national account distributor for retail chain stores, as the 2017 Flooring Recycler of the Year. In 2017, Linron successfully recycled more than 23 million pounds of vinyl tile through the Armstrong Flooring On&On™ Floor Recycling Program. The award was presented at the 2018 GlobalShop tradeshow.
Washington, D.C. — L’Occitane en Provence, the prestige beauty brand, continues to evolve its experiential retail strategy with the launch of the L’Occi Truck — the first-ever traveling shop experience for the brand. The unique retail store, encapsulated on wheels, presents a new direct-to-consumer shopping model, bringing the spirit and beauty of Provence across North America.