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AutoZone Promotes 2 Vice Presidents of Merchandising

by Katie Lee

Memphis, Tenn. — AutoZone, Inc. has promoted two vice presidents to senior vice president positions. Bailey Childress, vice president, merchandising, has been promoted to senior vice president, omnichannel and merchandising support, and Luke Rauch, vice president, merchandising, has been promoted to senior vice president, merchandising and global sourcing. Childress and Rauch will join the company’s executive committee and report to Bill Hackney, executive vice president, merchandising, marketing and supply chain. “We are very pleased to announce today’s promotions. Bailey is a proven leader who has delivered outstanding results throughout his …

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construction and designmanagementNewsproperty managementretailers

Vestar to Manage Vista Commons Near Las Vegas

by Katie Lee

Las Vegas — Vestar, a Phoenix-based privately held shopping center owner and manager, will provide comprehensive management services for Vista Commons, a 100,000-square-foot grocery-anchored shopping center located in the West Summerlin area of Las Vegas. Vestar, which will offer property management as well as construction management, will manage Vista Commons on behalf of an institutional client, for whom it manages nearly 3.5 million square feet. Vista Commons is 100% occupied with a diverse mix of tenants including Albertsons, Wells Fargo, State Farm, Subway, Bank of America and Dunkin Donuts. The …

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construction and designNewsretailers

Toys”R”Us, Babies”R”Us to Make Latin America/Caribbean Debut with Flagship Stores in Panama

by Katie Lee

New York City — WHP Global, the parent company of Toys”R”Us, has partnered with Cotton Candy International to bring the Toys”R”Us and Babies”R”Us brands to Latin America and the Caribbean for the first time. Under the agreement, Cotton Candy International will open the first Toys”R”Us and Babies”R”Us flagship stores in Panama in 2025, with plans for additional standalone Toys”R”Us and Babies”R”Us stores to follow across the region. The expansion into Latin America and the Caribbean marks a significant milestone in the Toys”R”Us global growth strategy, following recent successful launches in …

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Ahold Delhaize USA Promotes EVP, Retail Operations, to President of Food Lion

by Katie Lee

Salisbury, N.C. — Ahold Delhaize USA has announced that Food Lion executive Greg Finchum, currently executive vice president, retail operations, will assume the role of president, in May 2025. The appointment comes after Meg Ham, president, Food Lion, announced that she will retire in May 2025. Finchum joined Food Lion in 1989 and has been in his current role for more than a decade. “We are excited to have Greg, a talented retail operator at heart, step into this role,” says JJ Fleeman, CEO, Ahold Delhaize USA. “Greg has held …

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Newspeopleretailers

J.Jill President and CEO to Retire

by Katie Lee

Quincy, Mass. — Claire Spofford, president and chief executive officer of J.Jill, Inc., a premier omnichannel retailer and nationally recognized women’s apparel brand, has decided to retire after a distinguished career in the retail space. J.Jill has retained an executive search firm to assist in identifying her successor. Spofford is expected to remain in her current role until April 2025 and will work closely with the executive team and the board of directors to ensure a seamless transition. She was appointed CEO in February 2021. “Under Claire’s leadership, J.Jill has …

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Albertsons Terminates Merger Agreement; Files Lawsuit Against Kroger

by Katie Lee

Boise, Idaho — Albertsons Companies, Inc. has terminated its merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington issued injunctions with respect to the proposed merger on Dec. 10, 2024. This termination entitles Albertsons to an immediate $600 million termination fee and removes contractual constraints on Albertsons’ ability to pursue other strategic opportunities. “Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult decision to terminate the …

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construction and designNewsretailers

Dollar General to Open 575 New Stores in 2025

by Katie Lee

Goodlettsville, Tenn. — Dollar General plans to open approximately 575 new stores in the United States in its fiscal year 2025, which ends Jan. 30, 2026. The Goodlettsville, Tenn.-based discount retailer will also debut 15 new stores in Mexico in that timeframe. The new store count is in addition to Dollar General’s expected 730 new store openings in fiscal 2024, which will end on Jan. 31, 2025. Overall, the company expects to execute nearly 5,000 real estate projects in fiscal year 2025, including 4,250 store remodels and relocating 45 stores. …

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Food Lion President to Retire from Ahold Delhaize USA

by Katie Lee

Salisbury, N.C. — According to Ahold Delhaize USA, Meg Ham, president of Food Lion, plans to retire on May 2, 2025 after more than 35 years with the organization. She has been at the helm of Food Lion for more than a decade and has been part of the brand’s unprecedented growth. A successor for Ham will be announced before year-end. “Meg has been an outstanding leader at Ahold Delhaize USA and has led Food Lion during one of the brand’s most exciting times as it repositioned itself to better …

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franchise developmentNewsretailers

RNR Tire Express Opens 200th Franchise Location

by Katie Lee

Tampa, Fla. — RNR Tire Express, a leading franchise retailer for tires and custom wheels, is accelerating its growth with the opening of its 200th location — a major milestone in the brand’s expansion. The landmark store is set to open in Schenectady, N.Y. At the helm of the 200th location is husband-and-wife team Jeff and Patrina Leland, who bring over three decades of business acumen to the brand. They opened their first RNR Tire Express location in Queensbury, N.Y., in January 2021. Patrina Leland manages the daily operations of …

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Abercrombie & Fitch Co. Names New Chief Financial Officer

by Katie Lee

New Albany, Ohio — Abercrombie & Fitch Co. has promoted veteran finance leader Robert Ball to chief financial officer. In his new role, which began on Nov. 20, Ball serves on the company’s executive leadership team and continues to report to Scott Lipesky, executive vice president and chief operating officer. Ball, previously the company’s senior vice president of corporate finance, investor relations and treasury, brings nearly 22 years of experience leading key Abercrombie & Fitch Co. (A&F Co.) finance and strategy functions to the role. Lipesky, who served as the …

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