Downers Grove, Ill. — Sevan Multi-Site Solutions, Inc., a global leader in innovative design, program management, construction services and data analytics, has reached a major milestone and completed refreshing its 21,000th retail space. For 9 years, Sevan has provided solutions for the world’s largest brands while accelerating development programs across the United States and Canada for multi-site clients. Sevan has partnered on retail programs with many Fortune 500 companies including Ahold, Albertsons, Hallmark, Jiffy Lube, Kroger, Safeway, Sheetz, Walmart, Army & Air Force Exchange Service (Exchange) and many others in …
retailers
New York City — For the first time in the company’s 80-plus-year history, Paul Stuart is heading to the beach this summer with a brand new, full-service store at 50 Main Street in Southampton, N.Y. The 1,900-square-foot store will open on July 1 and will feature styles for men and women from the sportswear, tailored clothing, accessories and footwear collections the company is well known for. “We couldn’t be happier to make this exciting announcement,” says Paulette Garafalo, CEO of Paul Stuart. “After closing our stores in March due to …
Pittsburgh — Global health and wellness company GNC Holdings Inc. (NYSE: GNC) has filed for Chapter 11 bankruptcy. GNC and all of its subsidiaries will remain open for business during the process. Pittsburgh-based GNC expects to use the bankruptcy process “to improve its balance sheet and capital structure while continuing to advance its business strategy, right-size its corporate store portfolio and strengthen its brands to protect the long-term sustainability of its business,” according to a press release from the company. Over the past year, the company has executed a strategy to close …
Plano, Texas — J.C. Penney Co. has revealed the locations of 13 additional stores it will permanently close, including seven in Michigan, as part of its Chapter 11 bankruptcy filing. The Plano-based retailer says the other six locations set to close include two in Washington state, two in New York, one in California and one in Maryland. J.C. Penney filed for Chapter 11 protection May 15 and unveiled a list of 154 stores in late May that were set to close. Multiple news outlets report that going-out-of-business sales at the 13 locations are expected to …
Dallas — The Communication Workers of America (CWA) has announced that Dallas-based AT&T has informed the telecommunications and IT union its plans to permanently shutter 250 AT&T Mobility and Cricket Wireless stores. The move would impact 1,300 retail jobs. There are currently more than 16,000 AT&T retail locations in the United States, including authorized retailers and company-owned stores and kiosks. CWA also reports that A&T plans to cut 3,400 technician and clerical jobs across the country over the next few weeks. The Dallas Morning News reports that AT&T had to …
Evansville, Ind. — Shoe Carnival, Inc., a leading retailer of moderately priced footwear and accessories, has reopened all but one of its 390 stores across the U.S and Puerto Rico amid the global COVID-19 pandemic. For the fiscal second quarter-to-date, Shoe Carnival has experienced stronger than expected sales with comparable store sales up 28.1% compared to the prior year, with brick-and-mortar comparable sales up 4.0% and e-commerce comparable sales increasing nearly 470%. “The first half of fiscal 2020 ushered in an unprecedented operating landscape for our business. We pivoted quickly …
Boca Raton, Fla. — Office Depot, Inc. has appointed D. Anthony Scaglione as executive vice president and chief financial officer, effective July 20, 2020. As CFO, Scaglione will report directly to CEO Gerry Smith and be a member of the executive committee. He will be responsible for overseeing all financial aspects of the company, including financial planning and analysis, financial reporting and accounting, as well as leading investor relations, internal audit, tax and treasury functions. “We are delighted to welcome Anthony to Office Depot as we accelerate our transformation to …
San Ramon, Calif. — Fitness center retail chain 24 Hour Fitness has filed for Chapter 11 bankruptcy protection stemming from revenue losses during the COVID-19 pandemic. The San Ramon, Calif.-based company expects to secure $250 million in debtor-in-possession financing, which is subject to court approval. The fitness chain also intends to permanently close 132 of its 300-plus gyms. In California alone, 24 Hour Fitness will shutter 41 locations, and in Texas another 26 will permanently close as the company will focus on reopening its other gyms across the country. “If …
Leawood, Kan. — AMC Entertainment Holdings Inc. plans to reopen almost all of its U.S. and U.K. theaters in July. The Leawood, Kan.-based movie theater chain has already reopened 10 theaters in Norway, Germany, Spain and Portugal, and expects to be fully open globally in July ahead of the release of Christopher Nolan’s “Tenet” on July 17 and Disney’s “Mulan” on July 24. AMC is working closely with local, national and international officials to coordinate timing and requirements of reopening. It is consulting with the Harvard University School of Public …
Dover, Del. — Lululemon, a provider of athletic apparel that is based in Canada but incorporated in Delaware, has now reopened 295 of its 489 stores, or roughly 60% of its worldwide locations. The company released the results of its fiscal first quarter, which ended on May 3, and posted a decline of 17% in net revenue from approximately $785 million to $652 million relative to the first quarter of 2019. In February, at the beginning of the company’s fiscal year, Lululemon closed all of its stores in mainland China …