Wallingford, Conn. — According to Founder and CEO Tariq Farid, Edible International plans to open a second headquarters in Atlanta and has named Christian Nahas as president of Edible Brands.
retailers
Davenport, Iowa — Fashion destination Dry Goods plans to open 12 additional national locations in 2018. The openings are part of the boutique retailer’s nationwide growth plans to showcase the latest fashion trends to young shoppers across the country. Dry Goods USA is a subsidiary of Von Maur Department Store. The new stores will open at the following locations:
New York City and Calgary, Alberta — Saks Fifth Avenue has opened its newest store and third Canadian location, Saks Calgary. The 115,000-square-foot, two-level retail destination is located at the CF Chinook Centre, Calgary. An in-store dining experience and salon are slated to open soon in 2018.
Atlanta — Premium sports footwear and apparel retailer The Finish Line, Inc. has successfully implemented the TXT Retail Merchandise Planning Solution from TXT Retail, an Aptos Company. With this rollout, the retailer gains world-class merchandise financial planning across its 950 locations in the U.S. and its digital channels.
Warren, Mich. — Kim Yost, president and CEO of Art Van Furniture, plans to retire after 9 years with the company. In order to ensure a seamless leadership transition, Yost will maintain his current role until a successor has been appointed. Art Van has commenced a process to identify and evaluate candidates for the position.
Vancouver, B.C. — INDOCHINO, the global leader in made-to-measure apparel, is launching a “designed by you” showroom experience this spring in key U.S. markets: Charlotte, N.C.; Houston; Austin, Texas; and Dallas. The locations are four of several new showrooms slated for 2018 as the company continues to accelerate expansion and transform retail by making luxury custom clothing an affordable reality for millions of men.
Boise, Idaho — Boise, Idaho-based grocery chain Albertsons Cos. has agreed to acquire Rite Aid Corp., one of the nation’s largest drugstore chains, for an undisclosed sum. The integrated company will operate about 4,900 locations, 4,350 pharmacy counters, and 320 clinics across 38 states and Washington, D.C., serving more than 40 million customers per week.
San Francisco — Jeff Kirwan, president and CEO of Gap brand, will leave Gap Inc. A search is underway for a new president of Gap brand. In the interim, Brent Hyder, currently serving as Gap Inc.’s executive vice president, global talent and sustainability, will oversee the brand.
Cincinnati — Kroger has opened its Culinary Innovation Center in downtown Cincinnati. Kroger commenced construction on the 12,000-square-feet, LEED-designed Center in March 2017. The commercial kitchen features multiple cooking stations, spaces and capabilities, including technology that allows video streaming of educational sessions to Kroger associates across the country.