retailers

Philadelphia — Five Below, Inc., the extreme-value retailer for teens and pre-teens, has appointed Winnie Park as chief executive officer (CEO) and a member of its board of directors, effective Dec. 16, 2024. An accomplished retail executive with a career spanning more than three decades, Park has extensive experience in driving customer-centric business strategies, merchandising and brand building across a broad spectrum of specialty and value retail. Most recently, she was CEO at Forever 21. In her new role, she will partner closely with Kenneth Bull, who will continue as …

Ontario, Calif. — Heritage Grocers Group, a leading specialty grocer focused on serving the Hispanic community, has named Suzy Monford to the role of CEO. A seasoned industry executive, Monford brings more than 25 years of experience and a proven track record of transformational leadership and innovation at industry-leading food retailers. She currently serves as CEO of Food Sport International, a global consultancy that advises retailers on financial and impact value creation. Prior to her role at Food Sport International, Monford was the CEO of PCC Community Markets, where she …

Menomonee Falls, Wis. — Kohl’s Corporation has announced that CEO Tom Kingsbury plans to step down on Jan. 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl’s board of directors  through his retirement in May 2025. The board has appointed retail veteran Ashley Buchanan as CEO, effective Jan. 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam’s Club during his 13 years …

Irving, Texas — The Michaels Companies, Inc. has announced that Ashley Buchanan is stepping down from his role as chief executive officer and member of the board of directors, effective Jan. 15, 2025. The board of directors has already initiated a CEO search with leading executive search firm, Spencer Stuart. “On behalf of the board and Michaels team members, I want to thank Ashley for his valuable contributions since he joined the company in 2020,” says Andrew Jhawar, chairman of the board. “Ashley has led Michaels through significant transformation, delivering …