Philadelphia — Five Below, Inc., an extreme-value retailer, has appointed Daniel Sullivan as chief financial officer (CFO) and Michelle Israel as chief merchandising officer (CMO), effective Oct. 6, 2025. Both executives will report to Winnie Park, chief executive officer. Sullivan will be responsible for Five Below’s financial operations and related strategies, overseeing its finance, information technology (IT) and asset protection teams. Israel will be responsible for merchandising, planning, allocation, product sourcing, as well as product development, quality and compliance. “We are thrilled to welcome Dan and Michelle to the Five …
retailers
Minneapolis — Target Corporation has launched a first-of-its-kind accessible self-checkout experience, designed with and for guests with disabilities, including those who are blind or have low vision. Beginning this holiday season and continuing into early 2026, the solution will roll out to self-checkout stations across Target stores nationwide. “This season brings so much joy for our guests, but we know it can be overwhelming, too. That is why even small wins matter — like an accessible self-checkout that helps guests shop their way, with confidence,” says Adrienne Costanzo, executive vice …
Los Angeles — Vestar, a Phoenix-based privately held shopping center owner and manager, will provide comprehensive management services for Warner Marketplace, a 160,000-square-foot shopping center located in the Canoga Park neighborhood of Los Angeles. Vestar will offer its full scope of management services including property management, leasing oversight and marketing and construction management, which will be tailored to optimize operations and drive long-term performance. “We are excited to add Warner Marketplace to our growing California portfolio,” says Patrick McGinley, president of management services at Vestar. “This asset is located in a vibrant …
New York — Odeko, the all-in-one operations and technology partner for thousands of local coffee shops, cafes and other food and beverage businesses nationwide, has acquired Six Degrees Coffee Service & Distribution (Six Degrees), a premier specialty distributor based in Chico, Calif. Founded more than 20 year ago, Six Degrees has become the leading distribution partner for Northern California’s specialty coffee community. Six Degrees has used a high-touch customer approach and strong vendor relationships — including with local and national roasting partners — to help its customers grow their businesses. “Six Degrees represents exactly the …
Honolulu — Lifestyle brand Tenōre has opened its new flagship store in the Waikiki neighborhood of Honolulu. Moving beyond a traditional retail space, the store is designed as a cultural hub that connects the local community and Honolulu visitors through ongoing art exhibitions, wellness classes, sport-specific workshops, live music and more. The two-story, 12,000-square-foot store, which is situated in the Waikiki Shopping Plaza, is the brand’s first flagship location. The first floor acts as the main retail space, showcasing the latest Tenōre collection, capsules, and collaborations, alongside rotating art exhibitions. …
Egg Harbor Township, N.J. — Spirit Christmas, a pop-up retail store concept and sister brand of Spirit Halloween, has announced the opening of its 2025 season with 30 locations across the Northeast and Great Lakes regions, nearly quadrupling its footprint from last year. Holiday enthusiasts will be introduced to the all-new Peppermint Village, an immersive in-store experience featuring festive décor, unique gifts, holiday apparel and interactive displays designed to spark joy and nostalgia. “At Spirit, we believe the magic of the season does not end with Halloween — it transforms,” …
New York City — Drybar, a leading professional blowout beauty concept, has signed a multi-unit development agreement to bring three new locations to Delaware and New York City. Real estate developer and entrepreneur Angelique “Angel” Patterson will open the brand’s first location in Christiana, Del., within the next year, which will mark Drybar’s debut in the state. Drybar will also open its first shops in Brooklyn’s Park Slope and Williamsburg neighborhoods. “As a longtime client and real estate professional, I can appreciate all sides of the brand,” says Patterson. “Both the …
Anaheim, Calif. — Anaheim, California-based Friar Tux has appointed Scott Norris as president. Norris is a veteran of the men’s apparel and retail industry who has held various leadership roles for more than two decades. In his new role, Norris will lead Friar Tux’s growth strategy across its digital channels and e-commerce platforms, drive expansion into new brick-and-mortar markets and develop Friar Tux teams. He will also focus on reducing friction across the customer journey, while advancing technologies such as the company’s AI-powered Fit Calculator, which is designed to deliver sizing …
Miami — JLL has been selected to lead on-site property management services for 10 open-air retail centers across Florida and South Carolina, marking a significant milestone in the firm’s nationwide growth strategy. The newly added centers, recently acquired by 11North Partners (11North) and Bain Capital Real Estate, collectively span more than 1 million square feet of gross leasable area with occupancy rates exceeding 93%. The addition of these high-performing properties is part of a broader expansion of JLL’s retail property management portfolio, which has grown by 18 new centers in …
Bed Bath & Beyond, Inc. Completes $10 Million Acquisition of Kirkland’s Home Brand Assets
Murray, Utah — Bed Bath & Beyond, Inc., owner of Bed Bath & Beyond, Overstock, buybuy BABY and a blockchain asset portfolio, has completed a $10 million purchase of the Kirkland’s Home® trade name and related brand assets from The Brand House Collective, Inc. The move accelerates the companies’ national store conversion strategy, converting Kirkland’s Home locations into Bed Bath & Beyond stores to drive a larger national footprint, greater operating efficiencies and underscoring the company’s conviction in the power of ‘omnichannel.’ The companies will expand Kirkland’s Home into the …