Columbus, Ohio — Limited Stores, LLC, parent company of women’s fashion apparel retailer The Limited, has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The retailer began closing all 250 of its stores earlier this month.
retailers
Irving, Texas — NEC Corporation of America (NEC), a leading provider and integrator of advanced IT, communications, networking, retail and biometric solutions, will be the new exclusive point-of-sale (POS) provider to 8,600 7-Eleven® stores throughout the United States and Canada.
Mooresville, N.C. — Marshall A. Croom, a 20-year Lowe’s veteran, has been promoted to chief financial officer, effective March 3, 2017. Croom succeeds Robert F. (Bob) Hull Jr., who plans to retire after 17 years with Lowe’s Companies, Inc. Croom will report to Robert A. Niblock, Lowe’s chairman, president and CEO. Hull will remain at Lowe’s through March to ensure a smooth transition period.
Burbank, Calif. — IKEA’s relocated Los Angeles-area store within Burbank will open on February 8, 2017. Prior to the grand opening of the new, larger IKEA Burbank, customers can continue to shop at the original Burbank store through February 4, when the old store will close permanently.
Knoxville, Tenn. — Pilot Flying J, the largest operator of travel centers in North America, expanded its number of Pilot and Flying J stores in 2016 by adding 58 additional locations to its network. Through PFJ Southeast LLC, a joint venture with Speedway LLC, Pilot Flying J completed the conversion of 41 former Speedway/Wilco locations throughout the Southeastern United States.
Lakewood, Colo. — Natural Grocers will open its 20th Texas store on January 18, 2017. The new 17,000-square-foot store is located at 406 W Loop 281 in Longview. Natural Grocers also plans to open an additional San Antonio store in the first half of 2017.
Los Angeles — Fabletics, the innovative and rapidly growing activewear brand co-founded by Kate Hudson in 2013, will be opening 12 new retail locations in 2017. Adding to the 18 existing locations that started opening as of fall of 2015, these new stores will bring the Fabletics retail store count to 30 locations throughout the U.S. in just 23 months.