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Barnes & Noble Appoints Chief Information Officer

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…

Jos. A. Bank Reopens Renovated Madison Avenue Flagship

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,…

Charlotte Russe to Close All Remaining 416 Stores

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…

Whole Foods to Open 500th Location in Atlanta

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…

Family Dollar to Close Nearly 400 Stores Across U.S.

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…

Weitzman to Remodel Fielder Plaza in Texas

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,…

Gap Inc. to Close 230 Stores, Spin Off Old Navy

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…

The Michaels Companies Names Executive Transition

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…

Costco Joins Harbor View Marketplace in New Jersey

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.…

RaceTrac Launches Franchise Program

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…

Payless ShoeSource to Close All 2,100 U.S. Stores

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…

Hobby Lobby Fills Empty Toys”R”Us Spaces

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…

Skechers Surpasses 3,000 Stores

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…

Comfort Zone

— 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…

The Vineyards to Open in Spring 2019 With Sustainable Features & Fixtures

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…

Rebag Invests in Retail Expansion, Plans to Open 25 New Stores

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…

JOANN Stores Names President & CEO

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…

Charlotte Russe Files for Chapter 11; Intends to Close 94 Stores

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…

New Memories in the Making

FAO Schwarz, which has stood for experience for over 150 years, returns to New York with a new flagship store.…

Express, Inc. CEO Departs, Company Names Interim CEO/President

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…

Tesla Opens New Showroom at Galleria Dallas

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.…