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Walmart Plans to Add 150 New Stores, Remodel 650 Existing Locations

by Katie Lee

Bentonville, Ark. — Walmart plans to expand by more than 150 new stores over the next 5 years, both through new construction and converting existing buildings. The first two stores under this initiative — both under the company’s smaller-format Walmart Neighborhood Market banner — are scheduled to open this spring in Santa Rosa, Fla., and Atlanta. The company is currently finalizing plans for 12 new projects, one of which will be the conversion of a smaller existing location into a large-format Walmart Supercenter, which serves as both a grocery store …

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Men’s Wearhouse Opens 6th New Store in Recent Months

by Katie Lee

Houston — Men’s Wearhouse, the largest specialty retailer of menswear and rental products in the United States, has opened a new 6,000-square-foot store at the Shops of Bella Terra in Richmond, Texas, located within the greater Houston metropolitan area. With this new opening, Men’s Wearhouse now totals 638 brick-and-mortar locations across the U.S. It marks the last of six new stores scheduled to open across recent months, following new storefronts recently opened in Prosper and Harker Heights, Texas; Bala Cynwyd, Pa.; and Burlington and Gastonia, N.C. This growing roster reinforces …

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Cover Storyfranchise developmentFrom The Magazineretailers

Reaching New Heights

by Katie Lee

— By Hayden Spiess — Bouldering gym concept VITAL continues to expand and provide an increasingly climbing-curious population with standout facilities. When looking for new markets that might be a fit for their brand, the owners of VITAL Climbing Gym, a bouldering concept, seek out locations that are “in the mix and part of people’s lives.” This is somewhat paradoxical with the genesis of the company, which originated during a long and very solitary bike tour more than a decade ago. Co-founder David Sacher recounts that he was alone in …

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Nordstrom Rack to Open 2 New Stores in North Carolina

by Katie Lee

Seattle — Seattle-based fashion retailer Nordstrom, Inc. plans to open two new Nordstrom Rack stores in North Carolina. The new stores will be located in Raleigh and Matthews, which will open in fall 2024 and spring 2025, respectively. “We look forward to being a part of the Raleigh and Matthews communities and serving our customers with an amazing offering of great brands at great prices,” says Gemma Lionello, president of Nordstrom Rack Stores. “We’re excited to grow our footprint in these regions and introduce new customers to the Nordstrom experience.” …

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Newspeopleretailerssupply chain

Academy Sports + Outdoors Names SVP, Chief Supply Chain Officer

by Katie Lee

Katy, Texas — Academy Sports and Outdoors, Inc. has appointed Robert (Rob) Howell to the role of senior vice president and chief supply chain officer. In this role, he will oversee supply chain operations, distribution centers, and domestic & international logistics. Howell will join the company in February 2024 and report to Sam Johnson, president of Academy. Howell brings nearly 30 years of supply chain, distribution and logistics experience to Academy. Previously, he spent nearly 20 years with Sysco Corporation, a wholesale restaurant food distributor, where he performed various supply …

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green building/LEEDgreen newsNewsretailers

UNIQLO Partners with the Nature Conservancy to Plant 100,000 Trees Across the U.S.

by Katie Lee

New York City — UNIQLO has formed a new partnership with The Nature Conservancy, a global nonprofit committed to helping preserve the environment for future generations. UNIQLO in the U.S. is contributing $150,000 that will go toward the organization’s ‘Plant a Billion Trees’ program, aiding in forest restoration to slow the spread of biodiversity loss and climate change. “We’re very proud to support The Nature Conservancy in their critical work around reforestation,” says Jean Shein, UNIQLO’s global director of sustainability. “UNIQLO’s brand purpose is to help make everyday life better, …

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Gibson Garage to Open First Flagship Store Outside of the U.S., in London

by Katie Lee

Nashville, Tenn. — Gibson, the iconic and leading global instrument brand, will officially open a Gibson Garage flagship store in Historic London on Feb. 24, 2024. The London location marks the first-ever Gibson flagship store outside of the U.S. and follows the successful opening of the Gibson Garage Nashville. The Gibson Garage is the ultimate guitar experience and destination for music lovers across the globe and the place to explore Gibson’s 130-year music history. Located in historic London just off Oxford Street, and featuring 4,500 square feet of retail space, …

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Newspeopleretailerssupply chain

Academy Sports + Outdoors Names SVP & Chief Supply Chain Officer

by Katie Lee

Katy, Texas — Academy Sports and Outdoors, Inc. has appointed Robert (Rob) Howell to the role of senior vice president and chief supply chain officer. In this role, Howell will oversee supply chain operations, distribution centers and domestic & international logistics. Howell will join Academy in February 2024 and report to Sam Johnson, president of Academy. Howell brings nearly 30 years of supply chain, distribution and logistics experience to Academy. Previously, he spent nearly 20 years with Sysco Corporation, a wholesale restaurant food distributor, where he performed various supply chain, …

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Newsproperty managementretailers

Gucci Owner Acquires Fifth Avenue Retail Property in New York City for $963 Million

by Katie Lee

New York City — Global luxury group Kering has acquired a multi-level retail property at 715-717 Fifth Ave. in New York City for $963 million. The Paris-based company manages the development of a number of major fashion houses including Gucci, Saint Laurent, Balenciaga and Alexander McQueen.  The 115,000-square-foot space spans multiple levels at the base of the Corning Glass Building, a 28-story office tower developed in 1959. Rival fashion houses Dolce & Gabbana and Armani currently occupy the space. The Armani lease at the property is up in a few …

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Newspeopleretailers

Kirkland’s Home Promotes COO to CEO

by Katie Lee

Nashville, Tenn. — Kirkland’s, Inc., a specialty retailer of home décor and furnishings, has promoted Amy Sullivan to chief executive officer, effective February 4, 2024; she will also join the company’s board of directors. She succeeds interim CEO Ann Joyce, who will remain on the board. Prior to Kirkland’s Home, Sullivan held senior-level positions for Express, Lands’ End, Kohl’s and JCPenney. Sullivan, who has been with the company for more than a decade, was promoted to president and chief operating officer in spring 2023. As a member of the executive …

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