Houston — Mattress Firm, Inc., the nation’s leading specialty mattress retailer, has successfully completed its financial restructuring and emerged from Chapter 11. The company has closed more than 600 stores over the past couple of months and now moves forward with an optimized store footprint of approximately 2,600 stores.
retailers
Conshohocken, Pa. — IKEA U.S. is opening its first city center store in the U.S., marking the company’s ongoing transformation and commitment to bringing IKEA into the heart of urban areas. The ‘IKEA Planning Studio’ is scheduled to open in Manhattan in spring 2019.
Honolulu — Billabong, one of the surf industry’s most iconic brands, is celebrating the grand reopening of its flagship store at the Hyatt Regency Waikiki Beach on December 1, 2018. Billabong’s goal for its expanded and extensively renovated flagship store is to create an experience that is authentic, reflects Hawaiʻi and highlights the significance of Waikiki to the global surf culture.
Hartford, Conn. — Express Kitchens, a fast-growing kitchen cabinet and countertop retailer in the Northeast, celebrated the grand opening of three new store locations in Southington, Conn.; Springfield, Mass.; and Holyoke, Mass., on November 17, 2018.
Los Angeles — Beautycounter, a Santa Monica, Calif.-based leader in safer skin care and cleaner cosmetics, will open its first brick-and-mortar store at 51 Prince St. in New York City. Beautycounter develops and distributes its own high-performing products — including skin care, color cosmetics, advanced anti-aging, kids, baby and personal care collections.
Conshohocken, Pa. — On November 19, 2018, David’s Bridal took the expected next step of filing for Chapter 11 bankruptcy protection. Doing so will reduce the company’s debt by more than $400 million and provide significant financial flexibility to support long term growth prospects. The process is expected to be completed by early January.
North Plainfield, N.J. — Levin Management Corporation (LMC) has appointed Stephanie Harris as vice president of leasing, according to Matthew K. Harding, president. This key addition augments LMC’s executive leadership team during a period of strong growth and transactional volume for the commercial real estate services firm.
Washington, D.C. — The past seven decades have seen Harry Kotlar’s rise to become one of the world’s most revered jewelry design houses. On November 8, 2018, Harry Kotlar celebrated its 70th anniversary and the opening of its new boutique at Tiny Jewel Box in Washington, D.C.
Milwaukee, Wis. — Marcus Theatres®, a division of The Marcus Corporation, has hired Greg Creighton to the newly-created position of executive vice president and chief operating officer. Previously, he served as president and chief operating officer of Smashburger Master LLC, parent company of the fast-casual restaurant chain, Smashburger.