retailers

Atlanta — The RaceTrac board of directors has promoted Natalie Morhous to CEO of RaceTrac, Inc. Max McBrayer previously served as CEO, alongside Morhous, who previously served in the role of president. The leadership change was effective January 2, 2024. Since assuming their respective positions as CEO and president in 2019, McBrayer and Morhous have partnered on RaceTrac’s business decisions and strategy development. Together, they led the company through an unprecedented global pandemic, shifted RaceTrac’s growth strategy to expand to new markets and new prototypes, and finalized RaceTrac’s acquisition of …

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Lincolnshire, Ill. — Camping World Holdings, Inc., the world’s largest recreational vehicle dealer, has closed on the acquisition of Ashley Outdoors in Salem, Ala. Including this location, the company intends to add 15 dealership locations in the first quarter of 2024 through a combination of opening existing facilities and closing previously announced acquisitions. “As we start 2024, we are driven to work towards our goal of increasing our dealership count to over 320 locations in the next 5 years,” says Marcus Lemonis, chairman and CEO of Camping World. “Based on …

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Coppell, Texas — The Container Store Group, Inc. has elevated its executive vice president of e-commerce and digital marketing, Lindy Rawlinson, to chief digital officer. In addition, its vice president of stores, Jennifer Pape, has been promoted to senior vice president of stores. Both leaders will report directly to the CEO and president, Satish Malhotra, and serve on the company’s executive leadership team. Rawlinson joined The Container Store in 2021 with more than 20 years of experience in digital retail. Over the past 2 years she has built a dynamic …

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Charlotte, N.C. — Take 5 Oil Change, a leader in the quick lube industry, has opened its 1,000th location. This milestone service center, operated by franchisee Purple Square Group and located in Fort Pierce, Fla., is part of the brand’s growth by more than 1400% since its acquisition by Driven Brands in 2016. Building on the success of earlier milestones, including the grand opening of its 300th franchised location in the U.S. earlier this year, Take 5 Oil Change continues to solidify its position as a leading player in the quick …

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— By Doug Head — The creative use of color can add to your signage/lighting program — and draw consumers in to your business. What do you do when the sign code in your city is very restrictive and your building needs more attention than your small display will provide? Many businesses have discovered that a colorfully lit wall or accent lighting will draw attention to the building and add appeal. Using color to capture attention and highlight architectural features on buildings can be the answer to the small sign …

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Denver — Designer furnishings retailer Ballard Designs will soon open its first retail store in the state of Colorado. Situated in the upscale, walkable Cherry Creek North shopping district of Denver, the store will open on Jan. 2, 2024. Ballard’s new Denver location is part of the brand’s ongoing retail expansion spanning 20 states and 22 retail stores. “We love Denver, and we know from 40 years of sales history, that Denver loves us too,” says Dominic Milanese, vice president of retail for Ballard Designs. “Now Coloradans can see the …

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Coppell, Texas — The Container Store Group, Inc. has opened its 100th store location. Now open in Princeton, N.J., the milestone store furthers advances the company’s goal to reach $2 billion in revenue. The 100th store is the sixth small-format store the company has opened to date and one of five anticipated to open in its fiscal 2023 ending March 30, 2024. A primary objective of its small-format stores is high productivity with a full Custom Spaces Studio featuring its Preston, Avera and Elfa lines, curated assortment of complementary general …

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Holbrook, N.Y. — Regency Centers has begun the redevelopment of the 280,000-square-foot former SunVet Mall in the Long Island community of Holbrook. Regency has rebranded the 50-year-old property as The Shops at SunVet and plans to reposition it as a 168,000-square-foot, open-air shopping center with six outparcels. Whole Foods Market will anchor the center. Demolition of the existing structure is underway, and new construction is scheduled to begin in spring 2024. SBLM Architects is the lead architect on the project. SOURCE: www.REBusinessOnline.com

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Geneva, Switzerland — Richemont, a luxury retail group based in Geneva with U.S. headquarters in New York City, has announced that Riccardo Bellini has decided not to continue in his role as president and CEO of Chloé, after 4 years in the position. The decision was made in full collaboration with Richemont to allow a proper completion of his mission and a smooth onboarding and start of the recently hired creative director. Bellini will leave his role at Chloé by the end of this month; he will be succeeded by …

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Richmond, Va. — CarMax, Inc., the nation’s largest retailer of used cars, has introduced the pilot of its first all-electric semi-truck that is being used as a vehicle hauler in California’s San Joaquin Valley. The truck can transport up to seven vehicles at one time and can travel an estimated 230 miles on a single charge. CarMax is testing the all-electric semi-truck in real-world conditions and its Stockton, Calif., store will serve as the region’s hub for fast-charging the vehicle with a Level 3 charging station. CarMax’s test to replace …

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