Quincy, Mass. — Ahold Delhaize USA has appointed Roger Wheeler, chief commercial officer for Ahold Delhaize USA, as president of Stop & Shop, effective Sept. 30, 2024. The previous Stop & Shop president, Gordon Reid, plans to retire in mid-2025. “At Ahold Delhaize USA, it’s a strength of our organization that we have a depth of internal leadership talent, which will ensure a smooth transition,” says JJ Fleeman, CEO of Ahold Delhaize USA. “A native of Massachusetts with more than 30 years of experience in the supermarket industry, and nearly …
retailers
Grand Rapids, Mich. — Meijer has surpassed its industry-leading 2025 sustainability goal of cutting carbon emissions by 50% — one year ahead of schedule. The retailer set a target to reduce its Scope 1 and 2 greenhouse gas emissions by 50% compared to 2018 levels. The target has not only been met but surpassed, achieving a 57% reduction in 2023. The retailer credits its clear plan, senior leader involvement and the dedication of its team members. “At Meijer, we understand that to be a good company, we must be a …
Harrisburg, Pa. — Ollie’s, America’s largest retailer of closeout merchandise and excess inventory, has opened 10 new stores in Texas. The new locations, all former 99₵ Stores, will bring even more brand name bargains to the Dallas, Houston, McAllen and San Antonio markets. “We are incredibly excited to open 10 more stores in the great state of Texas where the folks have been so good to us,” says John Swygert, chief executive officer of Ollie’s Bargain Outlet. “With the closing of 99₵ Stores throughout the state, we’re thrilled to provide …
Batavia, Ill. — ALDI SOUTH Group has a goal to reach net-zero greenhouse gas (GHG) emissions across its entire value chain by 2050, making it one of the first international grocery retailers with net-zero emissions targets validated by the Science Based Targets initiative (SBTi). SBTi is a corporate climate action organization that enables companies to play their part in combating the climate crisis and set GHG emissions reduction targets in line with what is needed to mitigate global warming. As a part of ALDI SOUTH Group and one of America’s …
Salisbury, N.C. and Minneapolis — Recognizing the importance of collaboration across the value chain, Ahold Delhaize USA and General Mills have teamed up to create an innovative approach to address Scope 3 greenhouse gas emissions within their shared value chain. Through co-investments in priority supply sheds — or geographic growing regions where key ingredients are sourced — the two companies will support farmers as they adopt regenerative farming practices. Utilizing expertise from Ecosystem Services Market Consortium (ESMC), a nonprofit member-based consortium, farmers will receive technical and financial support to implement …
Los Angeles — JLL has signed Groupo Innovasport to a new lease for 7,500 square feet of space (currently occupied by Hollister) in the Third Street Promenade area of Santa Monica, Calif. Mexico-based Grupo Innovasport will open its U.S. flagship store for Culto, which features specialty footwear. The store is expected to open in first quarter 2025. Culto is the latest addition at Third Street Promenade, joining Google Store which recently inked a new deal. Latest openings in the popular destination include Pickle Pop, Barnes & Noble, Wilson Sporting Goods …
The Magic of Balancing Maintenance Costs
Running a retail or restaurant facility requires balancing costs, maintenance and operational uptime — a challenge that is further compounded when dealing with multiple stores. Facility owners and operators face the challenge of keeping their properties in top condition while managing expenses and minimizing disruptions to business. In the retail and restaurant industries, any downtime at all can be costly. A malfunctioning bathroom or a broken HVAC system can lead to customer dissatisfaction, lost revenue and temporary closures. Preventative maintenance and proactive scheduling can address these concerns by managing costs, staggering …
Minneapolis — Target Corporation has named Jim Lee as chief financial officer, effective Sept. 22. He will be responsible for financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and services and corporate development. He succeeds COO Michael Fiddelke. “As a successful leader in finance and strategy, Jim will oversee the central role our finance team plays in fueling our long term profitable growth,” says Brian Cornell, chair and CEO, Target. “With decades leading core finance functions and nurturing growth, Jim will complement …
Minneapolis — Target Corporation has named Amy Tu as chief legal and compliance officer and corporate secretary. In her new role, Tu now leads the company’s legal, compliance and corporate governance functions. She succeeds Don Liu, who recently announced his upcoming retirement and will transition to a strategic advisory role. Tu joins Target’s leadership team and will report to Brian Cornell, chair and CEO. “Amy’s experience, both in legal and business leadership, offers strong continuity at the top of our legal affairs and compliance teams,” says Cornell. “Her stewardship will help …
Atlanta — The Athlete’s Foot (TAF) has opened its new corporate headquarters, flagship retail location and community center in Midtown Atlanta. Grand opening events and ribbon-cutting festivities took place Sept. 12-14. Strategically located on the iconic Atlanta Beltline and Piedmont Park, the new location aims to integrate seamlessly into the fabric of the neighborhood. The Athlete’s Foot plans to implement community enrichment, sponsorships and educational programming underscoring its commitment to supporting local communities and fostering meaningful connections. “We are thrilled to unveil our new U.S. headquarters, flagship store and community …