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Best Buy Announces CEO and CFO Transition

by Katie Lee

Minneapolis — Best Buy Co., Inc. has announced that Matt Bilunas will step down as chief financial officer and depart the company at the end of July. A search is underway for its next CFO, who will partner with incoming CEO Jason Bonfig. Bonfig will become the company’s sixth CEO when he officially takes over the role on Nov. 1, 2026. Current CEO Corie Barry, who previously served as CFO, will provide financial oversight during the transition if needed. Bilunas served as CFO for the last 7 years. “We wouldn’t …

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Newspeopleretailers

Five Below Names New Executives

by Katie Lee

Philadelphia — Five Below, Inc. has appointed Rodney Lastinger as chief retail officer and Christos Yatrakis as chief legal officer. Lastinger will be responsible for leading the operational performance of the company’s nearly 2,000 stores and joined the company on June 22, 2026. Yatrakis will oversee the company’s legal function and joined on June 15, 2026. Both executives will report to Kenneth Bull, chief operating officer. “We are thrilled to welcome Rodney and Christos to the Five Below crew,” says Winnie Park, chief executive officer. Lastinger has extensive experience leading …

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construction and designNewsremodelsretailers

DICK’S Teams Up with Lids to Launch Lids Shops Inside 100 DICK’S Locations

by Katie Lee

Pittsburgh — DICK’S Sporting Goods has formed a new partnership with Lids to introduce dedicated Lids shop locations inside DICK’S stores nationwide. The partnership will expand access to Lids’ licensed headwear while enhancing the in-store experience for sports fans. The collaboration is currently available at 46 DICK’S locations and will be in more than 100 DICK’S stores by late summer 2026. Each Lids shop will feel immersive with the Lids-brand and include fixtures and merchandising that showcase Lids’ extensive assortment of licensed and lifestyle headwear. “Lids has long been the …

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construction and designNewsretailers

CITY Furniture Rebrands as CITY HOME

by Katie Lee

Ft. Lauderdale, Fla. — South Florida-based CITY Furniture, a trusted name in home for more than 50 years, is transitioning to CITY HOME, expanding beyond furniture to become Florida’s first stop for all things home. CITY HOME is a new retail concept that brings together furniture, home products and services into a single, integrated shopping experience. The expanded concept brings more categories under one roof, including appliances, closets, home electronics, bath, fitness, kitchens and a full connected home assortment. Customers can also access an expanded suite of services, including interior …

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construction and designNewsremodelsretailers

James Avery to Debut New Store Experience

by Katie Lee

Kerrville, Texas — As retailers rethink the role of physical stores in a more connected, convenience-driven marketplace, James Avery Artisan Jewelry® is introducing a new retail experience designed around what cannot be fully replicated online: personal service, product discovery, customization and a sense of place. The family-owned jewelry retailer will debut its new store experience at Schertz Station in Schertz, Texas, near the brand’s Hill Country roots and along the fast-growing I-35 corridor between San Antonio and New Braunfels. The location gives James Avery a close-to-home market to introduce a …

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Newspeopleretailerssupply chain

Kohl’s Names New Chief Operating Officer

by Katie Lee

Menomonee Falls, Wis. — Kohl’s has named Elliott Rodgers as its new chief operating officer, reporting to CEO Michael J. Bender. In this role, Rodgers, who brings more than 20 years of strong cross-functional leadership experience, will be responsible for Kohl’s enterprise operations, including its nearly 1,200 stores, global supply chain and distribution centers, procurement and loss prevention. He will assume the role on Sept. 9, 2026. “We are thrilled to welcome Elliott to our senior leadership team as we continue our transformational efforts to drive the business forward,” says …

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construction and designNewsrestaurantsretailers

Sprouts Farmers Market to Open Buddy Brew Coffee Cafes Inside 10 Stores

by Katie Lee

Phoenix — Sprouts Farmers Market has formed a new partnership with Buddy Brew Coffee, a Tampa, Fla.‑based specialty coffee company, to open 10 Buddy Brew Coffee cafes this summer inside select Sprouts stores across the Tampa Bay and Southwest Florida region. Launching inside select Sprouts stores across Hillsborough, Pinellas, Pasco and Sarasota counties, the cafes expand Sprouts’ in‑store coffee program, building on successful launches with local coffee roasters in Southern California (Klatch Coffee) and Arizona (PRESS Coffee). The partnership introduces Buddy Brew Coffee to Pinellas and Pasco counties for the …

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construction and designNewsretailers

Ollie’s Opens First Store in New Mexico

by Katie Lee

Harrisburg, Pa. — Ollie’s Bargain Outlet, Inc. is entering its 36th state with the June 10 grand opening of its first store in New Mexico, located in Clovis. As America’s fastest growing retailer of closeouts and excess inventory, Ollie’s sells brand name merchandise at prices up to 70% below the fancy stores every day. The new Ollie’s is located in Rockridge Plaza, in the old Big Lots location. “Our first location in New Mexico represents the next big step in our westward expansion,” says Eric van der Valk, president and …

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construction and designIndustry Voicesretailers

From Click to Brick

by Katie Lee

— By Tom Lekometros — Successfully transitioning online retail brands into brick-and-mortar stores takes design strategy. Transforming an online retail business into a brick-and-mortar store is a considerable step that comes with a great deal of strategy, planning and preparation to achieve success. Despite the popularity and seeming dominance of online shopping, more than 80% of retail sales still occur in physical stores, according to Capital One Shopping Research. While most consumers still prefer the in-person shopping experience, many devoted online shoppers visit physical stores to see, test or experience …

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construction and designNewsretailers

Abercrombie & Fitch Expands Retail Presence in SoHo

by Katie Lee

New Albany, Ohio — Abercrombie & Fitch, a division of Abercrombie & Fitch Co., has opened its new SoHo store in New York City. Located at 520 Broadway between Spring and Broome streets, the store reflects the brand’s 134-year-old history in New York, from its original South Street storefront in the 1890s to its past iconic Madison Avenue location, to its Fifth Avenue store today. The store also debuts Abercrombie & Fitch’s first “Heritage Meets Modern” design concept. “We are proud to open our doors in the heart of one …

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