Monroe, Mich. — La-Z-Boy Incorporated, a global leader in the retail and manufacture of residential furniture, has signed an asset purchase agreement to acquire a La-Z-Boy Furniture Galleries® store network in the southeastern United States from Atlanta Furniture Galleries, LLC, owned by Tom and Amy DeGoey. The DeGoey business is the second-largest independent operator within the entire La-Z-Boy Furniture Galleries® store network, with 15 stores, four warehouses and approximately $80 million in annual sales. The acquisition will provide continuity for the highly successful Southeast-based business. Once complete, the 15 stores …
retailers
Atlanta — Edible Brands®, the parent company of Edible Arrangements®, Roti Modern Mediterranean® and Edibles.com, has appointed seasoned restaurant and franchising leader Matthew Walls as president and chief stores officer. A seasoned executive with extensive experience across operations, development, technology and general management, Walls will play a critical role in driving innovation, empowering franchisees and elevating all three of the brand’s core businesses. Walls’ background spans a variety of disciplines, from logistics and business intelligence to domestic and international growth, equipping him with a broad, strategic lens for scaling complex …
New York City — Over the last year, performance lifestyle brand Rhone has been working with TPG Architecture to reimagine its in-store experience with an all-new retail identity. As of April 25, the first remodeled location in New York City’s Hudson Yards reopened for business. The store’s official grand opening was celebrated on June 28. Rhone was founded in 2014, offering a men’s apparel line engineered for optimal style, comfort and activity. Its name was inspired by the relentless Rhone River that runs from the Alps in Switzerland to the …
Print the Wall
— Interview with Darin Ross — Building a wall for Walmart has never been faster, cheaper or safer — thanks to 3D concrete printing. When Walmart makes waves, it can create a tsunami. The mega-retailer, which has more than 10,000 stores around the globe, continues to be a leader in sustainability, productivity and innovation. Recently, Walmart teamed up with Alquist 3D, in partnership with Atlanta-based FMGI as general contractor, to complete their second 3DCP (3D Concrete Printing) build. The new 5,000-square-foot expansion at Walmart Supercenter #5197 outside Huntsville, Alabama, set …
Bolingbrook, Ill. — Ulta Beauty, Inc. has acquired Space NK Limited, a leading British beauty retailer, from Manzanita Capital, a beauty sector specialist investor with a long term investment horizon. Financial terms of the transaction were not disclosed. Space NK is a curator of some of the world’s most innovative beauty brands and a go-to destination for beauty discovery in its 83 stores in the UK and Ireland and online. Space NK will operate as a standalone subsidiary of Ulta Beauty and will continue to be led by its existing …
Atlanta — Sensolus, a global provider of industrial IoT solutions, has formed a partnership with leading convenience store retailer RaceTrac to deploy tracking technologies for critical parts transported between store locations and distribution centers, helping to deliver on RaceTrac’s focus on efficiency and exceptional customer service. RaceTrac partnership with IoT solutions provider Sensolus to deploy tracking technologies for critical parts transported between store locations and distribution centers, helping deliver on RaceTrac’s focus on efficiency and exceptional customer service. By digitally tracking reusable totes containing spare parts for fuel pumps, Sensolus …
Atlanta — Paradies Lagardère, a leading North American airport restaurateur and retailer, has finalized new food and beverage and retail contracts at Hartsfield-Jackson Atlanta International Airport (ATL) and Dallas Fort Worth International Airport (DFW). “We are truly humbled by the trust that our airport partners have placed in us, and we are honored to continue growing these relationships,” says Gregg Paradies, president and CEO. “These new opportunities allow us to do what we’re most passionate about, which is partnering with local artisans and entrepreneurs to create a genuine sense of …
Charlotte, N.C. — Rack Room Shoes, a leading footwear retailer, has made significant promotions within its leadership team, reflecting the company’s strategy to align its operations for continued growth. Rack Room Shoes has realigned its merchandising and digital strategies to navigate the evolving retail landscape. The organizational changes are being implemented to drive further growth and innovation while continuing to build on the company’s legacy. • Brian Burnett, senior vice president, general merchandise manager, has been promoted to senior vice president, chief merchandise officer (CMO). In this expanded role, he …
Los Angeles — Brochu Walker, a quiet luxury lifestyle brand, is celebrating a significant milestone, announcing its fifth store location in the Montecito, Calif., area. The highly anticipated concept store brings Brochu Walker’s timelessly elegant collections to one of the most sought-after locations in the country. Doors are now open at The Post Montecito (Santa Barbara, Calif.). Brochu Walker has additional stores in Atlanta; Carmel-by-the-Sea, Calif.; Westport, Conn.; and Southampton, N.Y. When selecting its newest store location, the brand prioritized finding a community that has shown great brand affinity and …
Energous Introduces Battery-Free e-Sense Tag for Retail & Supply Chain
San Jose, Calif. — Energous Corporation d/b/a Energous Wireless Power Solutions, a leader in over-the-air (OTA) wireless power networks, has launched the e-Sense tag: a battery-free, maintenance-free wireless sensor for location and temperature monitoring in retail, supply chain and logistics environments. Energous now offers a complete ambient IoT platform consisting of wirelessly-powered, battery-free sensors, RF-based energy transmitters and cloud-based monitoring software. This integrated system enables uninterrupted, real-time visibility across supply chains without relying on batteries, manual maintenance or conventional wired infrastructure. The tag continuously reports temperature and location data to …