Goodlettsville, Tenn. — Dollar General Corporation’s executive vice president and chief merchandising officer (CMO), James “Jim” W. Thorpe, will retire from Dollar General on April 15, 2017.
retailers
Canton, Mass. — Destination XL Group, Inc., the leading retailer of men’s XL apparel, has crossed the border into Canada and opened a new DXL store in Ajax, Ontario, in Harwood Centre. This is the first DXL Men’s Apparel store to open in Canada, and a second will be opening soon in Mississauga, Ontario.
Fargo, N.D. — Vanity Shop of Grand Forks, Inc. is closing all 137 of its Vanity stores in 27 states. Tiger Capital Group, which provides asset valuation, advisory and disposition services to a broad range of retail, wholesale and industrial clients, is conducting the going-out-of-business sale, which is now underway.
Toronto — Oxford Properties Group plans to redevelop and expand the former Target location at Upper Canada Mall in Newmarket, Ontario (Canada). The redevelopment includes the introduction of a one-level, 64,000-square-foot Sport Chek location, a 40,000-square-foot first-to-market Food Market concept, a new two-level feature court space and a 35,000-square-foot vertical expansion. Construction officially commenced in February and the redevelopment is scheduled to open in 2018.
Dublin, Calif. — Ross Stores recently opened 23 Ross Dress for Less® and five dd’s DISCOUNTS® stores across 15 different states in February and March. These new locations are part of the company’s plans to add approximately 70 Ross and 20 dd’s DISCOUNTS locations during 2017.
Boston — Gordon Brothers plans to acquire the Wet Seal retail brand. Launched in 1990, Wet Seal is known for its surf-and-sun aesthetic for fashion-focused teens. The acquisition also includes other brands within the Wet Seal portfolio such as Arden B, Blink, Chic Boutique and several others. The transaction is pending final court approval.