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Kohl’s Announces CEO Transition Process

by Katie Lee

Menomonee Falls, Wis. — Kohl’s Corporation has announced that CEO Tom Kingsbury plans to step down on Jan. 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl’s board of directors  through his retirement in May 2025. The board has appointed retail veteran Ashley Buchanan as CEO, effective Jan. 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam’s Club during his 13 years …

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Michael Garcia Colt Winterization quote
Colt Facility MaintenanceContent Partnerdisaster recoveryfacilities managementFeaturesHVAC/RIndustry Contentplumbingproperty managementrestaurantsretailersroofingsnow and ice management

Winter-Proofing Your Business: Essential Steps to Prepare Restaurants, Retail Stores for the Cold

by Sarah Daniels

Winter storms and plunging temperatures present special challenges to restaurants and retailers. To keep customers and employees comfortable until spring, operators should act now to winterize their properties and perform preventive maintenance before a crisis occurs. “When you know that winter is coming, it’s always better to be proactive than reactive,” says Michael Garcia, regional service manager in the Dallas office of Colt Facility Maintenance, a maintenance service provider. Winterization should begin before the cold sets in and while there is still time to address vulnerabilities discovered in buildings or …

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Newspeopleretailers

The Michaels Companies Announces CEO Transition

by Katie Lee

Irving, Texas — The Michaels Companies, Inc. has announced that Ashley Buchanan is stepping down from his role as chief executive officer and member of the board of directors, effective Jan. 15, 2025. The board of directors has already initiated a CEO search with leading executive search firm, Spencer Stuart. “On behalf of the board and Michaels team members, I want to thank Ashley for his valuable contributions since he joined the company in 2020,” says Andrew Jhawar, chairman of the board. “Ashley has led Michaels through significant transformation, delivering …

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Brilliant Earth Achieves SBTi Validation of Net-Zero Emissions Target

by Katie Lee

San Francisco — Brilliant Earth Group, Inc., an innovative, global leader in ethically sourced fine jewelry, has announced that the Science Based Targets initiative has verified the company’s long term target to achieve net-zero greenhouse gas emissions across its operations (Scopes 1 and 2) and its supply chain (Scope 3) by 2050. This validation reinforces Brilliant Earth’s commitment to reach net-zero GHG emissions by 2050 and addresses the urgent need to try to limit global temperature increases to less than 1.5°C, below catastrophic levels, in line with the Paris Agreement. …

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Bealls Inc. Selects Legion WFM to Optimize Labor Operations

by Katie Lee

Santa Clara, Calif. — Legion Technologies, an innovator in workforce management (WFM), has formed a new partnership with Bealls Inc., a family-owned, privately-held retailer with stores in 22 states. Bealls Inc. will leverage Legion’s AI-native workforce management platform in demand forecasting, automated scheduling, time and attendance tracking, and frontline communications to improve the employee experience for associates across the company’s 650 retail locations. Headquartered in Bradenton, Fla., Bealls Inc. operates under the names bealls, Bealls Florida and Home Centric. The 110-year-old retailer’s longevity is based on the motto “outfitting families …

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Skiptown, Upscale Pet Care Services Concept, Opens First Atlanta Location

by Katie Lee

Atlanta — Pet parents can now book pet care services, including grooming, training, daycare and boarding for their pups at the first Atlanta location of Skiptown, the upscale off-leash dog park, social club and pet care concept. Skiptown Kirkwood will be hosting its grand opening event in December, including the debut of the dog park + restaurant and social club areas. Daycare: A stay in Skiptown’s daycare includes a schedule packed with play, so pet parents don’t have to worry while they’re away. Daycare pups are separated into play groups …

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Publix Names Vice President of Finance

by Katie Lee

Lakeland, Fla. — According to Publix Super Markets CEO Kevin Murphy, Doug Stalbaum has been promoted to vice president of finance, effective Jan. 1, 2025. He joined the company in 2019 as director of business analysis and reporting, and was promoted to his current role, vice president and controller, in 2022. Prior to joining Publix, Stalbaum was a senior audit manager at an accounting firm for 8 years, senior director and controller at a restaurant chain for 6 years and director of finance at a furniture retailer for 3 years. …

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Walmart Reports Strong Q3 Revenue Growth & Operating Income

by Katie Lee

Bentonville, Ark. — Walmart Inc. announces third-quarter results with strong growth in revenue and operating income. Globally, e-commerce grew 27% with penetration up across all segments. Walmart U.S. comp sales are up 5.3% with positive growth in general merchandise. Looking ahead, the company raises its guidance for fiscal year 25 with net sales expected to grow 4.8% to 5.1% and adjusted operating income to grow 8.5% to 9.25% in constant currency (cc). “We had a strong quarter, continuing our momentum,” says Doug McMillon, president and CEO, Walmart. “Our associates are …

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Citi Trends Appoints CEO

by Katie Lee

Savannah, Ga. — The board of directors of Citi Trends Inc. has appointed Kenneth (Ken) Seipel as chief executive officer, effective Nov. 18, 2024. Seipel has been serving as the interim CEO of Citi Trends since June 1, 2024, and on the board of directors since 2019. Concurrently, the board appointed Peter Sachse, the current executive chairman of the board, as chairman of the board. In addition, the company is announcing preliminary Q3 2024 results with sales of $179.1 million and comparable store sales growth of 5.7% vs. Q3 2023. …

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EVgo and Meijer Expand Partnership to Install up to 480 Fast-Charging Stalls

by Katie Lee

Los Angeles — EVgo Inc., one of the nation’s largest public fast-charging networks for electric vehicles (EVs), has expanded its longstanding partnership with Meijer, a Midwestern grocery retailer, to bring more public fast-charging infrastructure to Meijer store locations throughout its six-state footprint. As part of this expanded relationship, EVgo plans to deploy up to 480 new public fast-charging stalls at Meijer properties across Michigan, Illinois, Wisconsin, Indiana, Ohio and Kentucky. To date, EVgo has opened 24 public fast-charging stalls at six Meijer stores in Michigan and Ohio, and as part …

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