New York City — Barnes & Noble, Inc., the world’s largest retail bookseller, has appointed Carlo Pochintesta as chief information officer. Pochintesta joins the company from Rag & Bone Holdings, LLC, where he also served as chief information officer. He…
Fremont, Calif. — On March 5, 2019, Jos. A. Bank opened its newly renovated flagship store in New York City. The two-story location at the corner of Madison Avenue and 46th Street spans over 13,800 square feet. The Madison location,…
San Francisco — After 44 years, fast-fashion retailer Charlotte Russe is going out of business and closing all of the company’s remaining 416 store locations. A U.S. Bankruptcy Court judge in Delaware approved an order naming SB360 Capital Partners as…
Atlanta — Whole Foods Market will celebrate its 500th store on April 5, 2019 with the opening of Whole Foods Market Midtown, a 70,000-square-foot, four-story location situated at 22 W. 14th St. in Midtown Atlanta, about 1 mile north of…
Chesapeake, Va. — Variety store chain Family Dollar will close 390 stores this year and make changes to the stores it is keeping open as the retailer seeks a turnaround. Dollar Tree Inc., which purchased Family Dollar in 2015 for…
Arlington, Texas — Weitzman’s management division will soon begin the redevelopment of Fielder Plaza, a 157,575-square-foot retail center in Arlington, Texas. The project will include a remodeling of the interior of the 52,000-square-foot anchor space occupied by grocer Tom Thumb,…
San Francisco — Gap Inc. will close approximately 230 Gap specialty stores within the next 2 years, the San Francisco-based apparel chain announced in its fourth-quarter and 2018 fiscal year reports, released on February 28, 2019. Gap Inc. also revealed…
Irving, Texas — The Michaels Companies, Inc. has appointed seasoned retail executive Mark S. Cosby as interim CEO and board member, effective February 28, 2019. He succeeds Chuck Rubin, who has mutually agreed with the board to transition from CEO…
Bayonne, N.J. — Costco will open at RD Management’s Harbor View Marketplace in Bayonne, N.J., on March 7, 2019. Costco will be the anchor tenant. The 150,000-square-foot store will also feature an 18-pump Costco Gasoline gas station.…
Plano, Texas — J. C. Penney Company, Inc. has appointed three leaders who will play an instrumental role in the company’s pursuit of operational excellence and sustainable profitable growth.…
Atlanta — RaceTrac, one of America’s leading retail, fuel and convenience store destinations, has launched its new franchise program. RT Franchising, Inc. currently has franchise opportunities in the Central Florida cities of Clermont, Mt. Dora and DeLand. RaceTrac has more…
Topeka, Kan. — Payless ShoeSource will close all 2,100 of its stores in the United States and Puerto Rico as it moves toward liquidation. According to a statement by the company provided to USA Today, which first reported the news…
New York City — Global coworking provider WeWork has closed on its $850 million purchase of the Lord & Taylor Building, a landmark Midtown Manhattan asset located at 424-434 Fifth Ave. in New York City.…
Atlanta — SRS Real Estate Partners has brokered two new leases for Hobby Lobby in empty Toys”R”Us and Babies”R”Us stores in greater Atlanta. The first location, the former Toys”R”Us/Babies”R”Us in the Akers Mill Shopping Center in Atlanta, is 58,907 square…
Manhattan Beach, Calif. — Skechers USA, Inc., a global footwear leader, has tripled its retail store presence in 5 years and has surpassed the 3,000-store mark with the opening of its new superstore in Shenyang, China — now the brand’s…
— By Steve Tudhope — AutoZone goes the extra mile to reduce energy usage and drive the future. Memphis, Tennessee-based AutoZone is the leading distributor of automotive replacement parts and accessories with more than 6,200 retail stores in the United…
Porter Ranch, Calif. — With opening a couple months away, The Vineyards already is generating anticipation as Southern California’s newest upscale and pedestrian-friendly shopping and entertainment center. What’s more, The Vineyards will also feature some of the region’s latest and…
Atlanta — The Home Depot® has been highlighted as a global leader on corporate climate action and continues to pursue its sustainability goals with new renewable energy initiatives in 2019. CDP, an environmental impact non-profit, has named The Home Depot…
New York City — On February 5, 2019, Saks Fifth Avenue opened one of the largest luxury handbag destinations in New York City, furthering the $250 million ‘grand renovation’ of its Fifth Avenue flagship. The 53,000-square-foot main floor of the…
New York City — Rebag, the ultimate destination for buying and selling luxury handbags, has raised $25 million in Series C funding, bringing its total funding raised to $52 million. Led by private equity firm Novator, this round also includes…
Hudson, Ohio — JOANN Stores, the nation’s leading fabric and craft specialty retailer, has named Wade Miquelon as president, CEO and a member of the board of directors. Miquelon was appointed interim president and CEO in October 2018, in addition…
San Francisco — On February 3, 2019, Charlotte Russe Holdings Corporation voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company plans to close approximately 94 of…
Irving, Texas — The Michaels Companies, Inc. has decided to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states.…
FAO Schwarz, which has stood for experience for over 150 years, returns to New York with a new flagship store.…
East Rutherford, N.J. — Hudson Group, a leader in North American travel retail, has won new business at Indianapolis International Airport (IND), bringing national brands and unique retail concepts to the Hoosier state. The 10-year contract, which is part of…
Columbus, Ohio — David Kornberg, chief executive officer of Express, Inc., a leading fashion apparel retailer, has departed. Effective January 22, 2019, Kornberg vacated his positions as CEO, president and a member of the board of directors. Kornberg will remain…
Dallas — Shoppers at Galleria Dallas can now find more than the latest fashion trends — they can even find a new car. Innovative automaker Tesla has opened a gallery on Level I at Galleria Dallas.…