Saturday, January 11, 2025
Read the Magazine Subscribe

retailers

construction and designmanagementNewsproperty managementremodelsretailers

Regency Centers Begins Redevelopment of 280,000 SF Mall on Long Island

by Katie Lee

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

Continue Reading
1 FacebookTwitterPinterestEmail
Newspeopleretailers

Richemont Names New President & CEO of Chloé

by Katie Lee

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 …

Continue Reading
0 FacebookTwitterPinterestEmail
green newsNewsretailerssupply chain

CarMax Introduces its First All-Electric Semi-Truck into Logistics Fleet

by Katie Lee

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 …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsretailers

UNIQLO to Double North American Expansion in U.S. and Canada in 2024

by Katie Lee

New York City — Global retailer UNIQLO will accelerate its rapid growth in North America with new stores across the U.S. and Canada in 2024. With a focus on eastern and western regions, including new markets, the brand looks to achieve its next milestone in the new year, doubling the current year’s store openings with over 20 new locations planned throughout North America in 2024. In 2022, the Japan-based brand initiated a plan to reach 200 stores in North America by 2027. Its first North American location opened in the …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeopleretailers

Levi Strauss & Co. Names Executive Leadership Changes

by Katie Lee

San Francisco — President & CEO Chip Bergh has decided to retire from Levi Strauss & Co. (LS&Co.) as of April 26, 2024. In anticipation of Bergh’s retirement, the company’s board of directors has elected Michelle Gass, currently the company’s president, to succeed Bergh as president and chief executive officer, effective Jan. 29, 2024, completing the transition plan announced on Nov. 8, 2022. In addition, the board has elected Bergh as executive vice chair of the board until his retirement date. Thereafter, Bergh will transition to the role of senior …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsretailerssupply chainvendors

AutoZone Expands Partnership with RELEX Solutions to Optimize Supply Chain Efficiency

by Katie Lee

Atlanta — AutoZone, Inc., the leading distributor of automotive replacement parts and accessories in the Americas, has expanded its partnership with RELEX Solutions, provider of unified supply chain and retail planning solutions. AutoZone began upgrading its distribution center (DC) capabilities in 2019 with the highly configurable forecasting and replenishment capabilities provided by RELEX. Based on the successful implementation and results across the U.S. and Mexico, AutoZone has now decided to implement RELEX to support its DC operations in Brazil. This expansion is a part of AutoZone’s efforts to streamline its …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsretailers

Meijer to Open First Fairfax Market Outside of Michigan Next Month

by Katie Lee

Grand Rapids, Mich. — Fairfax Market, a new neighborhood market by Meijer, will open in the Fairfax neighborhood of Cleveland, Ohio, on Jan. 16, 2024. Fairfax Market is the retailer’s first small-format neighborhood market outside of Michigan. The new 40,000-square-foot market is part of a mixed-use neighborhood revitalization project being developed in partnership with the City of Cleveland, Cleveland Clinic, the Fairfax Renaissance Development Corporation and Fairmount Properties. Located in the Cleveland Innovation District, Fairfax Market will contribute to creating a healthier community by addressing food insecurity, supporting economic development …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsretailers

Fogo de Chão to Open at the Oculus at Westfield World Trade Center in 2024

by Katie Lee

New York City — Fogo de Chão, the internationally-renowned restaurant from Brazil, has signed a lease agreement for its fourth New York City location joining existing restaurants in Midtown Manhattan, Queens and Brooklyn at City Point (opening soon). The new 5,009-square-foot restaurant is scheduled to open in 2024 at The Oculus at Westfield World Trade Center, the largest shopping complex in Manhattan with 125 retail shops. Located at the corner of Church and Cortland streets with convenient street-level access, the restaurant will offer a new dining experience to the 10 …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeopleretailers

Ulta Beauty Announces CFO Succession Plan

by Katie Lee

Bolingbrook, Ill. — Scott Settersten has informed Ulta Beauty of his decision to retire as chief financial officer, treasurer and assistant secretary after nearly 20 years with the company, effective April 1, 2024. Paula Oyibo, senior vice president of finance, will succeed Settersten as CFO and will report to Dave Kimbell, chief executive officer. “Scott has had a tremendous impact on Ulta Beauty as a key member of our leadership team and a passionate steward of our business for nearly two decades,” say Kimbell. “From his early days of supporting …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeopleretailers

Claire’s Appoints CFO and COO

by Katie Lee

Hoffman Estates, Ill. — Claire’s Holdings LLC has appointed Chris Cramer as chief financial officer and chief operating officer. He will help drive the company’s strategic roadmap through business and operational planning as well as financial performance management. He will oversee the finance, supply chain, technology and North America real estate teams and report to Claire’s chief executive officer, Ryan Vero. “With a track record of over 25 years of high-performance industry experience, Chris brings demonstrated operational and financial leadership and a passion for collaboration to our organization,” says Vero. …

Continue Reading
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts