San Diego — Petco Health and Wellness Company, Inc. has appointed three new leaders to Petco’s executive team. Sabrina Simmons, former chief financial officer at Gap, Inc., has been named chief financial officer, effective Feb. 17; Michael Romanko, former chief merchandising and marketing officer at Five Below, Inc., has been named chief customer and product officer, effective Feb. 24; and Jack Stout, former executive vice president and chief merchandising officer at 7-Eleven, Inc., has been named chief merchandising officer, effective Feb. 24. “Today’s appointments represent a significant evolution of Petco’s …
retailers
Irving, Texas — The Michaels Companies, Inc. has named David Boone as its new chief executive officer, effective Feb. 28, 2025. Boone will also serve on the company’s board of directors. “As we enter an exciting period of opportunity for Michaels, we are pleased to welcome David to the company,” says Andrew Jhawar, chairman of the board of directors. “David is a proven business leader with the strategic vision, customer focus and vast retail experience to continue to drive Michaels forward.” Boone is currently the interim CEO of Essendant, a …
Lexington, Ky. — Tempur Sealy International, Inc., which recently acquired Mattress Firm, has named its own chairman and CEO, Scott Thompson, as interim CEO of Mattress Firm following CEO John Eck’s recent decision to step down. Mattress Firm is the nation’s largest mattress specialty retailer. In the meantime, Tempur Sealy has entered into a consulting agreement with Eck to ensure a smooth transition. The company expects to appoint a new CEO of Mattress Firm within the next 6 to 9 months. “We thank John for his successful 6 years at …
Richardson, Texas — ENTOUCH, a leading energy management solutions provider for multisite operators, has selected 24 Hour Fitness as the recipient of the ENTOUCH 2023 Sustainability Award. This award recognizes companies that have significantly contributed to sustainability and energy efficiency. “We are proud to recognize 24 Hour Fitness for their commitment to sustainability and energy efficiency,” says Trey Hernandez, vice president of customer success for ENTOUCH. “Their dedication to reducing their environmental impact is an example for other companies to follow. We are proud to do our part in supporting …
San Francisco — Levi Strauss & Co. (LS&Co.) has made a series of strategic leadership changes designed to improve the company’s speed and agility, and further its commitment to consumers. These actions will streamline decision-making, drive operational excellence and align the company’s structure with its strategic priorities. “Over the past year, we’ve made bold moves to transform Levi Strauss & Co. into a world-class denim lifestyle retailer, and we’re seeing the results,” says Michelle Gass, president and CEO of Levi Strauss & Co. “We believe success is built on clarity …
Jacksonville, Fla. — A consortium of private investors, spearheaded by the current CEO and president of Southeastern Grocers Inc. (SEG), Anthony Hucker, and C&S Wholesale Grocers, has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners from ALDI U.S. ALDI U.S. previously purchased Southeastern Grocers in March 2024. The agreement includes the acquisition of SEG grocery and liquor store operations under the Winn-Dixie and Harveys Supermarket banners. This includes approximately 170 grocery stores in Alabama, Georgia, Louisiana, Mississippi and Florida, as well as the existing Winn-Dixie liquor store business. …
New York City — Macy’s Inc. has promoted Barbie Cameron to chief stores officer of Macy’s, effective Feb. 16. She most recently served as the senior vice president and regional director of stores, East Region, and had been the interim chief stores officer since August. She reports to Adrian Mitchell, chief operating officer and chief financial officer of Macy’s, Inc. In this role, Cameron leads the store operations across Macy’s nameplate, from flagships to small format stores and its call center operations. She will spearhead initiatives to modernize Macy’s, improve …
Costa Mesa, Calif. — Liberated Brands, the parent company of several sport, outdoor and lifestyle apparel retailers, has initiated Chapter 11 bankruptcy proceedings, according to court documents filed in Delaware. Liberated Brands’ portfolio of retailers includes Volcom, Billabong, Quiksilver, ROXY, Honolua Surf, RVCA, Beachworks, Becker Surfboards, ZJ Boarding House, Spyder and Boardriders. According to Gordon Brothers, which is providing real estate advisory services to the retailer, Liberated Brands plans to close its 122 stores throughout the country. Gordon Brothers — which earlier this year entered into a sales transaction with Big …
— By Katie Lee — How Half Price Books has grown into the largest family-owned new and used bookstore chain in the U.S. by rehoming books into the hands of more people — and not into landfills. Book lovers often joke that they could “start their own bookstore” from the stacks of books tucked into every corner of their own home, but imagine actually doing it. Over 50 years ago, a pair of bibliophiles named Ken Gjemre and Pat Anderson did just that. In the summer of 1972, they drew …
Reynoldsburg, Ohio — Victoria’s Secret & Co. (VS&Co) has announced that its chief financial and administrative officer, Timothy (TJ) Johnson, is retiring in June 2025. Scott Sekella has been appointed chief financial officer. “We are excited to welcome Scott to VS&Co,” says Hillary Super, chief executive officer of VS&Co. “He is a transformational leader with extensive and diverse retail experience delivering results, driving operational efficiencies and executing growth strategies. He has a strong retail background and record of identifying and accelerating strategies that strengthen performance and enhance profitability which I …