Columbus, Ohio — Bruce K. Thorn, a well-respected retail industry executive, has been named chief executive officer and president of Big Lots, Inc. Most recently, he was the president and chief operating officer of Tailored Brands, Inc., a leading specialty retailer of men’s tailored clothing and men’s formalwear. Tailored Brands announced Thorn’s resignation on August 27, 2018.
retailers
Atlanta — According to its new CEO, Mike Rotondo, Edible Arrangements® plans to relocate its corporate headquarters to Atlanta. Edible will maintain a small office in Wallingford, Conn., with approximately 20 people. Rotondo was named CEO of Edible just last month; previously, he was CEO of Atlanta-based Tropical Smoothie Cafe.
Neuhausen, Switzerland — JOANN Stores, LLC, a leading fabric and craft retailer, will be rolling out Tyco Retail Solutions’ ShopperTrak in-store traffic analytics solution to provide insights for the company’s 870 stores. An industry leader for 75 years, JOANN recently set a precedent for the future of crafting with a completely reimagined store experience focused on new features and services based on the latest crafting trends. The ShopperTrak solution supports JOANN’s customer-first focus, as it will better identify traffic patterns to ensure the right number of team members are available …
Mooresville, N.C. — Lowe’s Companies, Inc. has appointed David M. Denton as executive vice president, chief financial officer. Denton currently serves as executive vice president and CFO of CVS Health and will join Lowe’s shortly after the closing of the CVS acquisition of Aetna, which is expected in the second half of 2018.
Quincy, Mass. — J.Jill, Inc. has appointed two new executives to the company’s senior leadership team. Brian Beitler will join the company as executive vice president, chief marketing and brand development officer, and Shelley Liebsch as senior vice president, chief merchandising officer. Both were appointed by J.Jill’s new CEO, Linda Heasley, and will begin their new roles in September.
Minneapolis — Target Corporation has hired John Bauer to join the company as senior vice president, global inventory management, effective August 20. In this role, Bauer will lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation. He will report to Target’s executive vice president and chief supply chain officer, Arthur Valdez Jr.
Camp Hill, Pa., and Boise, Idaho — Rite Aid Corp. has called off its previously announced merger with Boise, Idaho-based grocery chain Albertsons Cos. The integrated company would have operated about 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C.