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Designer Brands Inc. Appoints New EVP, Chief Financial Officer

by Katie Lee

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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Saks Global to Close Select Saks Fifth Avenue and Neiman Marcus Stores

by Katie Lee

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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CarMax Names New Chief Executive Officer

by Katie Lee

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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Eddie Bauer LLC Initiates Voluntary Chapter 11 Process

by Katie Lee

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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Target Names Executive Leadership Changes to Accelerate Growth

by Katie Lee

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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francesca’s® Files for Chapter 11 Protection, Will Close All Stores Nationwide

by Katie Lee

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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Natural Grocers to Open First Wisconsin Store this Spring

by Katie Lee

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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Small-Format Whole Foods Market Daily Shop to Open in Brooklyn

by Katie Lee

New York City — Whole Foods Market will open another location of its smaller format store concept, Whole Foods Market Daily Shop, in Brooklyn’s Williamsburg neighborhood on Feb. 25, 2026. The 7,888-square-foot store will be located at 774 Grand St., Brooklyn, N.Y. The smaller format store features more than 350 local items from over 250 Northeast suppliers. Whole Foods Market Daily Shop initially launched in 2024 on the Upper East Side in Manhattan, followed by additional Manhattan locations as well as a smaller-format store in Arlington, Va., which opened in …

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Value & Variety

by Katie Lee

— Interview with Adam Kirk — Winn-Dixie marks its centennial with new ownership, a new (old) name and a right-sized store fleet. Winn-Dixie, the iconic southern grocer, is marking a banner year in 2025: 100 years in business as of September 2025 and returning to steer its own ship, under its own name. In 2024, Winn-Dixie’s parent company, Jacksonville, Florida-based Southeastern Grocers (SEG), was acquired by the German supermarket company ALDI, which planned to convert 220 Winn-Dixie and Harveys stores to ALDI banners between 2024 and 2027. These conversions remain …

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ANTA Opens First U.S. Flagship Store in Beverly Hills

by Katie Lee

Beverly Hills, Calif. — ANTA, one of the world’s largest and fastest-growing sportswear companies, will officially open its first U.S. flagship store in Beverly Hills, Calif., on Feb. 13, marking a major milestone in the brand’s global expansion and long term investment in the American market. Located in the heart of Beverly Hills, the flagship serves as ANTA’s U.S. brand hub and a physical expression of the company’s performance innovation, athlete-driven design and global vision. Situated at 330 N. Beverly Dr., the approximately 2,500- to 3,000-square-foot space features a curated …

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