New York City — CAMP, the East Coast family favorite that has reimagined the retail experience, is opening its first flagship store in Los Angeles as part of its national expansion. Part toy store, part activity destination, CAMP helps families answer the question, “What should we do today?” The retailer is bringing its unique combination of play, product and programming to L.A. families; this new Century City location will be CAMP’s ninth store and the first of many on the West Coast. Opening on April 23rd, the 7,000-square-foot location will …
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Dallas and Coppell, Texas — Dave & Buster’s Entertainment Inc. has agreed to acquire family entertainment concept Main Event for $835 million in an all-cash transaction. The seller is a joint venture between Ardent Leisure Group Limited and Red Bird Capital Partners, and the deal is expected to close later this year. Chris Morris, current CEO of Main Event, will serve as CEO of the combined entity upon closing. The move ends the search for a new Dave & Buster’s CEO, which has been ongoing for approximately 7 months following …
Bergdorf Goodman Temporarily Closes 57th Street Store to Install Decarbonization Technology
New York City — On the heels of launching its first-ever Environmental, Social, Governance report, “Our Journey to Revolutionize Impact,” the Neiman Marcus Group is advancing its sustainability journey even further: installing two 500-ton water-cooled Trane® chillers at its iconic Bergdorf Goodman’s Women’s Store, located in the heart of New York City’s famed retail district. Implemented in partnership with Trane® by Trane Technologies, a global climate innovator, this environmentally-friendly makeover of the historic, 94-year-old building utilizes innovative, energy-efficient, decarbonizing technology — enabling the retailer’s elimination of natural gas use and electrification, transition to …
Modesto, Calif. — The Save Mart Companies and Kingswood Capital Management, LP have named Shane Sampson as executive chairman of the California-based, regional grocery retailer. Sampson is a fourth-generation grocer who brings nearly four decades of experience to The Save Mart Companies in building brands, implementing innovative marketing and merchandising programs, and leading strategic operations. Most recently, he served as Albertsons Companies’ chief marketing and merchandising officer. He was instrumental in driving Albertsons’ merchandising strategy during a period of monumental growth during which he oversaw significant development and innovation of …
Seattle — On April 4, Starbucks Corporation marked the return of founder Howard Schultz as chief executive officer and as a director on the company’s board. The news follows the retirement of Kevin Johnson, former president and CEO, who spent 13 years with the company, including the last 5 years as CEO. In an early morning letter, Schultz shared with all company stakeholders a vision and invitation to join in the reimagination of the company he built, one with a storied history and an enduring mission to inspire and nurture …
Birmingham, Ala. — Hibbett, Inc., which operates nearly 1,100 Hibbett and City Gear stores nationwide, has promoted two industry veterans to the senior vice president level. Mike McAbee has been promoted from vice president, supply chain & store development to senior vice president, supply chain & store development, and Stephani Smith has been promoted from vice president/general merchandising manager of women’s to senior vice president, merchandising. “I am proud to announce the promotions of two key contributors from our supply chain and merchandising teams,” says Jared Briskin, executive vice president, …
— Interview with Justin Reese — Ghirardelli Chocolate Company enters its 170th year with major renovation plans for its iconic Ghirardelli Square flagship locations in San Francisco. As experiential retail returns across the country, an elevated experience like no other is currently undergoing a makeover at Ghirardelli Chocolate’s historic shops in San Francisco. The three flagship locations — the Ghirardelli Chocolate Experience Store, the Original Ghirardelli Ice Cream and Chocolate Shop, and Ghirardelli On-the-Go — will undergo phased renovations this spring and summer. R&R: Before we discuss …
Chicago — IT’SUGAR, the largest specialty and experiential candy retailer in the United States with 100 stores nationwide, will open on April 7 in Chicago. The new 11,400-square-foot candy department store will open in the former Disney Store location on North Michigan Avenue, bringing a much-needed experience-based retail attraction to the famous Magnificent Mile. Chicago is the candy capital of the world with many confectionery companies based in the area. The store will showcase notable brands from Chicago, including Nerds, Tootsie Roll, Wrigley’s Gum and Charms Blow Pops, along with …
Columbus, Ohio — Fashion apparel retailer Express, Inc. has appointed Jason Judd as the company’s senior vice president and chief financial officer, effective April 4th. He joins Express from Big Lots and will report to CEO Tim Baxter. “I am pleased to welcome Jason to Express, Inc.,” says Baxter. “He is a seasoned, well rounded and accomplished financial executive with a proven track record of delivering results. His experience across industries and companies, combined with his passion for retail makes him a terrific complement to our extraordinary leadership team, and …
Livonia, Mich. — Entrepreneurial business partners Aaron Young, Chad Bush and Doug DeLozier, who collectively own and operate 49 Pet Supplies Plus stores across Alabama, Michigan, Tennessee, Virginia, Wisconsin and Texas, recently signed on to add 20 Pet Supplies Plus stores to their portfolio over the next 5 years. Operating as US Retail Holdings, DeLozier, Young and Bush will open the majority of new stores across Tennessee and Texas with store #50 opening this summer. Collectively, the group’s stores employ nearly 800 team members, including local and district managers who …