Wayne, N.J. — Toys ”R” Us Inc. filed for Chapter 11 bankruptcy protection on September 18, 2017. The company’s Canadian subsidiary also plans to seek protection in parallel proceedings under the Companies’ Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice.
retailers
Pittsburgh — DICK’S Sporting Goods along with The DICK’S Sporting Goods Foundation have made a $5.5 million commitment to support communities impacted by Hurricanes Harvey and Irma. The short term emergency requests and long term recovery support ranges from monetary donations, to equipment and apparel and other much needed supplies distributed in partnership with The American Red Cross and local authorities.
Minneapolis — Target Corporation is committing up to $1 million in cash and in-kind donations to support communities impacted by Hurricane Irma. The donations will benefit Target team members, as well as national, local and international relief organizations. This donation is in addition to the $3.5 million that the company committed last week to Hurricane Harvey relief.
Seattle — Leading fashion specialty retailer Nordstrom, Inc. has launched Nordstrom Local, the company’s latest retail concept and neighborhood hub where customers can shop and access Nordstrom services in a convenient, central location. This brand new Nordstrom experience will launch in West Hollywood, Calif., on October 3, 2017, the same day as the company’s Westside Pavilion store relocation to Century City.
New York City — David Yurman, a premier jewelry designer, opened its first boutique on Michigan Avenue on September 1, 2017. Situated on Chicago’s Magnificent Mile, the new boutique has a two-story historical façade that was maintained and restored to its original condition.
Pittsburgh — The board of directors of GNC Holdings, Inc., a leading global specialty retailer of health and wellness products, has appointed Ken Martindale as its permanent chief executive officer. Martindale succeeds interim CEO Bob Moran, who has been elected non-executive chairman of the GNC board.
Pittsburgh — DICK’S Sporting Goods will be opening eight new DICK’S Sporting Goods stores and two new Field & Stream stores in the first half of September. DICK’S will now have 711 DICK’S Sporting Goods locations and 34 Field & Stream locations across the country.
Katy, Texas — To support rescue and recovery efforts in the wake of Tropical Storm Harvey, Texas-based Academy, Ltd. (d/b/a Academy Sports + Outdoors) has converted a section of its 500,000-square-foot headquarters into a unified command center and shelter that has housed more than 1,100 first responders.