Canton, Mass. — Destination XL Group, Inc., the leading retailer specializing in men’s Big + Tall apparel, has partnered with Beta Agency, a renowned commercial real estate brokerage known for its expert advisory services, to grow the company’s footprint in prime locations that resonate with the brand’s Big & Tall audience. With this partnership, DXL plans to open nine new stores in 2024. “Our partnership with Beta Agency is a game-changer for DXL, enabling us to accelerate our retail footprint buildout with a data-driven approach to retail location strategy,” says …
retailers
Dallas — Tangram Interiors, a curator of highly creative commercial interior environments headquartered in Southern California, partnered with Neiman Marcus Group in 2023 to complete an innovative, luxurious corporate hub at CityPlace Tower in Dallas. This groundbreaking project reflects Neiman Marcus Group’s commitment to prioritizing employee wellbeing and belonging. The company’s architecture and design partner, Gensler, approached Tangram Interiors with the goal of creating a high-end, personal and inclusive workspace to empower its associates. Neiman Marcus Group has long championed the importance of employee satisfaction and inclusivity, recognizing that these …
Katy, Texas — Academy Sports + Outdoors will open 15-17 new stores in its fiscal 2024 year, starting with two new stores in the first quarter in Knightdale, N.C., and Greenwood, Ind. The new stores are part of Academy’s plans to open 160 to 180 new stores over the next 5 years. Half of the new stores are expected to open in markets where the retailer has an existing footprint. The remaining 80 to 90 stores are planned for new and adjacent markets, with a focus on expanding to smaller …
New York City — Vince Holding Corp., a global contemporary retailer, has announced that Jack Schwefel has resigned as chief executive officer. The company’s board of directors has appointed David (Dave) Stefko, current director and former CFO, as interim CEO, effective immediately, and has initiated a search process to identify a permanent chief executive officer. “The board thanks Jack for his work in positioning Vince for its next chapter of growth and wishes him the best as he pursues other opportunities,” says Michael Mardy, chairman of the board. “We are …
Chattanooga, Tenn. — CBL Properties has executed multiple deals with global lifestyle retailer MINISO, expanding the brand’s presence to a dozen new markets in the United States. The first wave of store openings started in November 2023 at Valley View Mall in Roanoke, Va., and Hanes Mall in Winston-Salem, N.C., followed by the January 2024 opening at Coastal Grand Mall in Myrtle Beach, S.C. Throughout the rest of 2024, stores will open in the following malls and locations: • CoolSprings Galleria (Nashville, Tenn.) • Hamilton Place (Chattanooga, Tenn.) • West …
Charlotte, N.C. — Tim Austin joins Take 5 Car Wash as president from the retail hearing healthcare company, Lucid Hearing, where he served as president and COO, helping grow the company to over 500 worldwide locations. Take 5 Oil Change also has added a senior vice president of field operations, Missy McKinley. She most recently served as senior vice president of operations for Scooter’s Coffee. “Tim is a proven multi-unit leader with more than three decades of success at some of the world’s most respected retailers,” says Danny Rivera, executive …
Atlanta — H&M, the beloved global fashion retailer, reopened its Perimeter Mall store on March 21 after an extensive renovation. Located in Atlanta, the store has undergone an inspiring transformation, promising an elevated shopping experience for fashion lovers. The newly renovated H&M at Perimeter Mall will give shoppers in the Atlanta area access to the latest trends to allow customers to express themselves, all in a brand-new interior. The location will offer collections for women and men as well as a separate “store within a store” sections for accessories. The …
Hudson, Ohio — Joann Inc., a fabrics and sewing retailer based in Hudson, Ohio, has filed for prepackaged Chapter 11 bankruptcy. The company’s 829 stores and its website will remain open for business. Following the bankruptcy process, if approved, Joann will become a private company owned by some of its lenders and other industry parties, and its shares will no longer be listed on Nasdaq or any other national stock exchange. As of March 19, the company’s stock has been delisted. Joann expects to emerge from the voluntary bankruptcy process …
New York City — Revo, a premium, high-quality, performance sunglass company, opened its first U.S. brick-and-mortar retail store in Manhattan’s SoHo neighborhood on March 13. The retail showroom is located at 436 West Broadway. The new store introduces an exclusive and engaging shopping experience to both loyal Revo enthusiasts and those discovering the iconic brand for the first time. Once inside, visitors are greeted by a series of displays showcasing the complete spectrum of Revo’s offerings, all of which feature the brand’s signature NASA-based lens technology. Custom prescription sunglasses, limited …
Detroit, Los Angeles, San Antonio & Toronto — The Home Depot Inc. plans to open four new distribution centers in Detroit, Los Angeles, San Antonio and Toronto. The new facilities are a key component of the company’s efforts to cater to professional customers such as developers, general contractors, remodelers and property managers. The new distribution centers will stock large, bulky merchandise such as lumber, insulation and roofing shingles. The new distribution centers are expected to open in the first half of this year. Home Depot has opened similar hubs across …