New York and Charlotte, N.C. — Sycamore Partners has completed its acquisition of Belk, Inc.
News
Westborough, Mass. — BJ’s Wholesale Club, Inc.’s president and chief operating officer, Christopher J. Baldwin, has been named president and chief executive officer, succeeding Laura J. Sen, who is assuming the role of non-executive chairman. The appointment is effective February 1, 2016.
Fremont, Calif. — The 100th EVgo Freedom Station in California is now open and is the nation’s largest publicly-available multi-standard fast charging site. Located in the hottest electric vehicle (EV) adoption area of the country, the Lucky Fremont location features four 50kW DC Fast Chargers equipped with CHAdeMO and DC Fast Combo; the station is also pre-wired for as many as four more chargers, which can be added in just days as demand requires.
Houston — Mattress Firm Holding Corp., the nation’s largest specialty mattress retailer, has entered into an agreement to acquire all of the outstanding equity interests in HMK Mattress Holdings LLC, the holding company of Sleepy’s, for $780 million. Sleepy’s is the nation’s second largest specialty mattress retailer, with more than 1,050 stores in 17 states in the Northeast, New England the Mid-Atlantic and Illinois.
Goodlettsville, Tenn. — Dollar General Corporation has promoted John W. Garratt to executive vice president and chief financial officer (CFO). Garratt has served as Dollar General’s interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since joining the company in October 2014.
Atlanta — PGA TOUR Superstore will open its first experiential Tucson, Ariz., retail store in early 2016 at the Tucson Fiesta Shopping Center. PGA TOUR Superstore has three existing Arizona stores in Chandler, North Scottsdale and Scottsdale. Its new Tucson location will be the largest golf retail store in the area.