Atlanta — The Home Depot® has entered into a definitive agreement to acquire HD Supply Holdings, Inc., a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The acquisition is expected to position The Home Depot as a premier provider in the MRO marketplace. “The MRO customer is highly valued by The Home Depot, and this acquisition will position the company to accelerate sales growth by better serving both existing and new customers in a highly fragmented $55 billion marketplace,” says Craig …
retailers
Minneapolis and Bolingbrook, Ill. — Target Corporation and Ulta Beauty have formed a strategic, long term partnership to transform the beauty landscape with Ulta Beauty at Target. Ulta Beauty’s shop-in-shop concept will debut at more than 100 Target stores nationwide and online at www.Target.com beginning in 2021. The partnership brings Ulta Beauty’s best-in-class beauty authority to millions of guests who love the ease and convenience of Target’s one-stop shopping experience. It also provides beauty brands an opportunity to expand and grow in a new, industry-leading omnichannel retail experience. “The durable …
Parsippany, N.J. — Tru Kids Brands™, parent of the Toys”R”Us® brand, has expanded its leadership team with the appointment of Anand Shah as general counsel and Brian Maeda as chief business development officer. Shah returns bringing a wealth of experience in the retail and consumer products industries, as well as a deep understanding of the Toys”R”Us brand and its global footprint. As corporate counsel at Toys”R”Us from 2012 to 2017, he was responsible for global corporate governance, negotiating and implementing strategic partnerships, and supporting financing activities and licensing transactions. Most recently, he served …
Washington, D.C. — JOANN, an American specialty retailer of crafts and fabrics with 865 stores across the country, has partnered with Radius Networks, the leading location-based technology company in restaurants, grocery and retail, to launch its curbside and Buy Online Pickup In Store (BOPIS) solution, FlyBuy®. Amid the pandemic, JOANN made fast, innovative, strategic decisions that were essential to the store’s long term success. JOANN’s holiday season starts with Halloween, and it was important to have this automated and streamlined order-ahead and pickup program in place prior to the holidays. …
Nashville, Tenn. — Décor and furniture retailer Ballard Designs is celebrating its new Nashville, Tenn., store location opening in the Green Hills shopping area. The new Nashville store is Ballard’s 15th location since launching its national retail expansion in 2007. Visitors to the 10,000-square-foot store, which opened in October, can get inspiration for their own design projects by seeing how the retailer’s popular catalog is brought to life in fully decorated vignettes. Design experts are available in store to offer free advice. “Ballard already has quite a devoted following in Nashville,” says Karen …
Wayne, Pa. — Pet Valu, Inc., a specialty retailer of pet food and supplies in the United States, plans to commence a wind down of its operations due to severe impact from COVID-19. The company expects that all of its 358 stores and warehouses in the Northeastern and Midwestern U.S., as well as its corporate office in Wayne, Pa., will close by the end of the wind-down process. Pet Valu U.S. licenses its name and contracts for certain services from Pet Valu Canada, which is a separate company based in …
Charlotte, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, has added two industry leaders to its growing e-commerce team. Steve Wittman has joined as the company’s first chief digital retail officer, and Stephen Conrad has joined as the new vice president of e-commerce. Additionally, Sonic has appointed Marti Eulberg as chief creative officer, previously the company’s director of brand management. Wittman most recently served as vice president of global e-commerce at Hertz. He will report to Jeff Dyke, president of Sonic Automotive and EchoPark Automotive. As …
Seattle — Amazon.com, Inc. plans to open its first fulfillment center in Waco, Texas, which is anticipated to launch in 2021 and will create over 1,000 new full-time jobs with industry-leading pay and comprehensive benefits. “We are proud to be bringing our newest Amazon facility to the city of Waco and we look forward to bringing in new jobs and supporting this great community,” says Alicia Boler Davis, Amazon’s vice president of global customer fulfillment. “We are excited for our future in Central Texas, and for what this means for …
Dallas and San Francisco — PICKUP, a leading last-mile delivery service and logistics platform, has partnered with Postmates to provide retailers and brands with the ability to elegantly scale local delivery capability to meet surging demand for store-to-door delivery. PICKUP Enterprise manages the end-to-end customer experience including access to the top-rated PICKUP Good Guy network, which specializes in delivery and assembly of big and heavy goods. The partnership between PICKUP and Postmates will further expand retailer’s fulfillment capabilities for all items — from holiday décor and gifts, to furniture. “Our …
Austin, Texas — Quality men’s apparel brand Texas Standard has opened its first-ever retail store, located in the Hyde Park area of Austin, Texas, which also contains its corporate offices. Texas Standard is a men’s premium clothing brand designed and developed in Texas, known as the “Outfitters of the Texas Gentleman.” It offers a wide range of menswear products, including button- down shirts, polos, tees, gameday gear, accessories and its newest additions: the Tejas Guayabera and Modern Western Shirts. While the brand is offered through dozens of retail partners throughout …