Goodlettsville, Tenn. — Dollar General Corporation has promoted John W. Garratt to executive vice president and chief financial officer (CFO). Garratt has served as Dollar General’s interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since joining the company in October 2014.
retailers
Atlanta — PGA TOUR Superstore will open its first experiential Tucson, Ariz., retail store in early 2016 at the Tucson Fiesta Shopping Center. PGA TOUR Superstore has three existing Arizona stores in Chandler, North Scottsdale and Scottsdale. Its new Tucson location will be the largest golf retail store in the area.
Rockville, Md. — Petco will be acquired for $4.6 billion by CVC Capital Partners (Luxembourg) and Canada Pension Plan Investment Board. The deal should close in early 2016. With its headquarters in San Diego, Petco had been taken private in 2006 in a $1.8 billion buyout by California-based private equity firms.
Chicago — Lemont, Ill.-based Englewood Construction has hired four new team members, including (from left to right) Tina McGrath as senior business development manager; Juan Rojas as assistant controller; Ron Koepl as project manager; and Richard Mendonsa as project engineer.
San Antonio — CST Brands, Inc., a San Antonio-based Fortune 500 fuel and convenience retailer with more than 1,000 stores, plans a total brand makeover that will start in San Antonio and spread outward, creating a network of rebranded stores within 3 years.
New York and Toronto — Saks Fifth Avenue is revealing details about the previously announced opening of two full-line Saks Fifth Avenue stores in Toronto, Canada. The 163,000-square-foot location in the Eaton Centre at Queen Street is expected to open on February 18, 2016. A week later, the 150,000-square-foot Sherway Gardens location is anticipated to open on February 25, 2016.
Cincinnati and Milwaukee — The Kroger Co. and Roundy’s, Inc. have formed a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy’s. The Midwest grocer will expand Kroger’s footprint with a complementary base of 151 stores and 101 pharmacies in new markets.