Boca Raton, Fla. — Roland Smith plans to retire as chief executive officer of Office Depot, Inc. He will continue to serve as CEO until a successor is named, which is expected by the end of first quarter 2017. It is expected Smith will remain chairman of the board.
retailers
Goodlettsville, Tenn. — Dollar General is underway on the construction of five new stores in southeastern North Dakota. The stores are expected to open in spring 2017 and, when completed, will expand the company’s presence to 44 states across the country.
Irving, Texas — 7-Eleven, Inc., the largest convenience retail chain in the world, recently celebrated the opening of its 60,000th store. 7-Eleven® started out as Southland Ice Company in Oak Cliff, Texas, in 1927. In 1946, with stores open from 7 a.m. to 11 p.m., the name was changed to 7-Eleven. Stores started staying open around the clock in 1971.
Columbus, Ohio — DSW Inc. has signed with Apparel Group to be its exclusive franchise partner in the Middle East. The agreement will expand DSW into Saudi Arabia, Bahrain, Qatar, Kuwait, United Arab Emirates and Oman and with 40 new stores, with the first stores opening in 2017.
New York City — Cole Haan has opened its newest global flagship at Westfield World Trade Center in New York City. Located at the World Trade Center’s Oculus, this marks the first Northeast location to open with the new Cole Haan store design concept, second in North America following Dallas NorthPark.