Tuesday, November 26, 2024
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Boot Barn to Open 52 New Stores Next Year

by Katie Lee

Irvine, Calif. — Boot Barn Holdings, Inc. opened 10 new stores during its fiscal year second quarter alone, bringing its total store count to 371, and plans to open 52 stores next year. “I am pleased with our second quarter results which included solid sales growth, merchandise margin expansion and earnings achievement which was at the high end of our guidance range,” says Jim Conroy, president and chief executive officer. “We opened 10 new stores in the quarter and continue to be encouraged by the new store performance across the …

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energy managementgreen building/LEEDgreen newsHVAC/RNewsretailers

JOANN Releases Corporate Responsibility Impact Report

by Katie Lee

Hudson, Ohio — JOANN Inc., the nation’s category leader in sewing and fabrics with one of the largest arts and crafts offerings, has released a report outlining the company’s Corporate Responsibility results for fiscal year 2023. The report highlights the company’s impact across its EVERGREEN Strategic Pillars: • Creating an environment where all team members can be their authentic selves and contribute at the highest level; • Minimizing carbon footprint by taking action throughout JOANN and supplier operations; • Powering reusability with customers to tie environmental responsibility to a greater …

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Newspeopleretailers

Christy Sports Adds CEO, Chief Marketing Officer & Chief Merchandising Officer

by Katie Lee

Lakewood, Colo. — Christy Sports, a premier outdoor retailer and service provider, has added three members of the executive leadership team. Pete LaBore joins as chief executive officer, Danielle Quatrochi as chief marketing officer and Mimi Nuelle as chief merchandising officer. “We are thrilled to have Pete, Danielle and Mimi join the Christy Sports team,” says Dan Galpern, a partner at TZP Group, an investor in Christy Sports. “Pete’s vision, passion for building customer experience and collaborative team culture made him the perfect choice as the new CEO. We look …

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Newspeopleretailers

Sprouts Farmers Market Appoints Chief Financial Officer

by Katie Lee

Phoenix — Sprouts Farmers Market, Inc., a fast-growing specialty retailers of fresh, natural and organic food in the U.S., has appointed Curtis Valentine as chief financial officer, effective Jan. 1, 2024. Valentine is currently Sprouts’ senior vice president of finance and will succeed Lawrence (“Chip”) Molloy, who plans to retire from the CFO position at the end of 2023. “We are delighted to elevate Curtis from our deep bench of finance talent to be our chief financial officer,” says Jack Sinclair, chief executive officer of Sprouts. “Curtis and Chip have …

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construction and designIndustry Voicesrestaurantsretailers

A Brave New World

by Katie Lee

— By Jason Hlewicki — It’s a new day in retail and restaurant construction: here are 3 realities today. As consumers are changing the way they shop and dine, the way restaurant and retail spaces are being designed and built is also evolving. New footprints and new prototypes mean fresh challenges and opportunities in both architecture and construction. A learning curve is at play today as build-and-design professionals catch up to the realities of the newest environments. By considering these three realities impacting the restaurant and retail industry, developers, restauranteurs …

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construction and designNewsremodelsretailers

Walmart to Reopen 117 Remodeled Stores Across U.S. on Nov. 3

by Katie Lee

Bentonville, Ark. — On Nov. 3, Walmart will reopen 117 stores nationwide, the largest single-day rollout of re-grand openings in company history. The re-grand opening projects represent more than half a billion dollars in capital investments across 30 states. Walmart plans to continue modernizing its stores across the country in 2024. “We’re investing more than $9 billion over a 2-year period to upgrade and modernize more than 1,400 of our stores across the U.S.,” says John Furner, chief executive officer of Walmart U.S. “With nearly 90% of the U.S. population …

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franchise developmentNewspeopleretailers

Retro Fitness Names Restaurant Franchise Growth Veteran as Chief Development Officer

by Katie Lee

West Palm Beach, Fla. — Retro Fitness, a leader in high-value, low-price fitness, has appointed Larry Strain, CCIM as chief development officer. Strain brings more than 25 years of experience in driving multi-unit development for top-tier franchise growth brands such as Starbucks, McDonald’s and Dunkin’ Donuts. Most recently, he helped lead the successful transition of Potbelly Sandwich Works to a franchise-focused growth model. “Bringing in an industry heavyweight like Larry was a strategic move that adds serious muscle to an already strong management team,” says Andrew Alfano, CEO of Retro …

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green building/LEEDgreen newsNewsretailers

Grocery Outlet Holding Corp. Releases Inaugural ESG Report

by Katie Lee

Emeryville, Calif. — Grocery Outlet Holding Corp., a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, has published its first Environmental, Social and Governance (ESG) Report covering fiscal year 2022. “At Grocery Outlet, our mission of ‘touching lives for the better’ has been core to the business from the start, and fulfilling this purpose has resulted in positive environmental and social impacts throughout our 77-year history. We are proud of the work we have done and we are excited to highlight our ESG strategy through our first …

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construction and designNewsproperty managementrestaurantsretailers

Tanger Opens its First U.S. Outlet Center Since 2019

by Katie Lee

Greensboro, N.C. — Tanger® Outlets, a leading operator of upscale, open-air shopping centers, will open its 37th shopping center, Tanger Outlets Nashville, on October 27. The 290,000-square-foot open-air shopping center, located in southeast Nashville, Tenn., is the first outlet center and one of the few major shopping centers in the United States to break ground and deliver to the market since 2019. The center features a transformational design intended to foster onsite experience and consumer engagement, as well as to facilitate product interaction and pickup. This consumer-informed design and an …

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construction and designflooring/floor careIndustry Voicesretailers

Laying the Path Forward

by Katie Lee

— By Scott Faucheux — How modular and sustainable flooring is shaping retail design. In today’s dynamic retail and restaurant landscapes, adaptability is key. Consumers are craving experiences that jump off the page –– literally. The internet has transformed our perceptions and expectations of shopping, fulfillment and convenience, creating a constant demand for what is new and popular. It is worth noting that a brand’s physical store and online presence may have different goals, and transforming a physical space can be more complex than updating a digital narrative. Retailers face …

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