retailers

Oshowa, Ontario (Canada) — RNR Tire Express (RNR), a leading franchise retailer for tires and custom wheels, is officially entering Canada with the signing of its first international franchise agreement. The new location is currently under construction at 1080 Simcoe St. N in Oshawa, Ontario, and is anticipated to open in March 2026. “Expanding into Canada is a natural next step for RNR as we continue to grow alongside our franchisees and the communities we serve,” says Adam Sutton, CEO of RNR Tire Express. “Our focus has always been on …

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Conshohocken, Pa. — IKEA U.S. will open its newest location in Huntsville, Ala., on Feb. 25, 2026, marking its first location in the state of Alabama. “As we expand our presence in the U.S., we’re excited to introduce the IKEA experience to North Alabama, marking our very first location in the state,” says Rob Olson, interim CEO of IKEA U.S. “IKEA Huntsville reflects our dedication to serving customers where they are and providing innovative, affordable solutions that make everyday life better.” Located in the University Place Shopping Center at 6125 …

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New York City — Bambi Baby, a family-owned baby furniture and gear retailer with nearly 50 years of experience, has opened a new store in the heart of New York City. The newly opened location at 655 6th Ave. offers a curated selection of the best-in-class baby products and personalized services to families throughout the city and beyond. Since 1976, Bambi Baby has been a trusted resource for families, helping parents make informed decisions about everything from cribs and strollers to highchairs and car seats. What started as a small …

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Columbus, Ohio — Designer Brands Inc. has appointed Sheamus Toal as executive vice president, chief financial officer and principal financial officer. Mark Haley, who has served as interim principal financial officer during the transition period, will return full time to his position as senior vice president, controller and principal accounting officer. Toal joins the company from The Children’s Place. Toal brings deep financial and operational experience shaped by decades of leadership in chief financial officer and chief operating officer roles across large, complex public and private companies. As a proven …

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New York City — Saks Global Enterprises LLC, a leading luxury retail company, is underway on an initial phase of optimization across its Saks Fifth Avenue and Neiman Marcus store footprint, which will include nine store closings. There are no changes to the Bergdorf Goodman operational footprint. “We are initiating a series of actions to reinforce Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman as the ultimate destinations for luxury with a seamless multi-channel shopping experience,” says Geoffroy van Raemdonck, chief executive officer of Saks Global. “By optimizing our operational …

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Richmond, Va. — CarMax, Inc. has appointed Keith Barr as president and chief executive officer, as well as a member of the board of directors, effective March 16, 2026. David McCreight, current interim president and CEO of CarMax, will transition to his prior duties as an independent director of the board. Tom Folliard will remain in his role as interim executive chair of the board until the company’s annual meeting in June 2026, after which he is expected to resume his prior duties as non-executive chair of the board. Barr …

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Bellevue, Wash. — Eddie Bauer LLC, operator of Eddie Bauer stores in the United States and Canada and a licensee of the Eddie Bauer brand, has entered into a Restructuring Support Agreement (RSA) with its secured lenders and commenced voluntary Chapter 11 cases in the United States Bankruptcy Court for the District of New Jersey. The RSA is designed to enable Eddie Bauer to move through the process as quickly and efficiently as possible. Through the RSA and the Chapter 11 proceedings, Eddie Bauer will conduct liquidation sales at its …

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Minneapolis — Target Corporation has made a series of executive leadership changes under new CEO Michael Fiddelke aimed at accelerating the company’s growth plans. “It’s the start of a new chapter for Target and we’re moving quickly to take action against our priorities that will drive growth within our business,” says Fiddelke. “These leadership changes align the right talent and expertise with key roles, and simplify our structure so we can advance our strategy with greater speed, clarity and accountability.” Effective Feb. 15, newly named executive vice presidents will oversee …

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Houston — francesca’s®, a specialty retail brand known for its distinctive boutique-style experience, has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey. The filing is intended to facilitate a court-supervised process to maximize value for stakeholders. Tiger Group, SB360 Capital Partners and GA Group, acting as advisors to francesca’s, have commenced court-approved store closing sales across the company’s entire store fleet as part of the Chapter 11 process. “Shoppers will find discounts of 25% to …

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Lakewood, Colo. — Natural Grocers®, the nation’s premier family-operated organic and natural grocery retailer, plans to open a new store in Lake Geneva, Wis., this spring. Located off North Edwards Boulevard, the new store will be Natural Grocers’ first in the state of Wisconsin, marking a significant milestone for the growing retailer. Founded in 1955, Natural Grocers by Vitamin Cottage, Inc. is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. Natural Grocers’ flexible smaller-store format allows it to offer affordable prices in a …

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