Thursday, December 26, 2024
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La-Z-Boy Opens Renovated Showroom at High Point Market, Names CFO Succession

by Katie Lee

High Point, N.C., and Monroe, Mich. — La-Z-Boy Incorporated has opened a newly renovated showroom at High Point Market in Furniture Plaza, High Point, N.C. In addition, Bob Lucian, senior vice president and chief financial officer, will retire at the end of the fiscal year, effective April 26, 2025. Taylor Luebke, vice president, finance and treasurer, will succeed Lucian on January 1, 2025. Luebke joined La-Z-Boy Incorporated in 2021 and has held roles of increasing responsibility, most recently working in close partnership with the CFO. Lucian joined La-Z-Boy Incorporated in …

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Costco Partners with Electric Era to Rapidly Roll Out EV Charging

by Katie Lee

Seattle — Accelerating the pace of electric vehicle charging, Electric Era, an end-to-end EV charging solution partner, has entered into an EV fast-charging station deployment with fellow Washington state native Costco Wholesale Corporation. The partnership sets an industry-leading pace with just 7 weeks between contract signature to station launch. As EV charging rapidly becomes an essential business objective for retailers, Costco faced a critical challenge: while industry-standard EV infrastructure projects typically take years, the retailer needed a rapid deployment solution for its new Ridgefield, Wash., store that could meet local …

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PetSmart Names New Chief Executive Officer

by Katie Lee

Phoenix — PetSmart LLC, a leading omnichannel pet retailer, has appointed Ken Hicks as president and chief executive officer, effective Oct. 31, 2024. Hicks will also serve on the board of directors. He joins the company from Academy Sports + Outdoors. “On behalf of the entire board of directors, I am thrilled to welcome Ken Hicks to PetSmart,” says Raymond Svider, chairman of the board of directors of PetSmart and chairman of BC Partners. “His depth and breadth of retail experience, visionary leadership and proven track record of creating shareholder …

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Arhaus Opens First Showroom in the State of Oklahoma

by Katie Lee

Boston Heights, Ohio — Arhaus, a leader in artisan-crafted furniture and home décor, has opened a new 17,000-square-foot showroom in Oklahoma City at OAK, the new mixed-use luxury development that opened in September. This showroom, which opened on Oct. 18, marks the brand’s first location in Oklahoma, with the nearest showrooms more than 200 miles away in Dallas and Fort Worth, Texas. Arhaus is an anchor tenant of the new center. Founded in 1986, Arhaus is a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings. With more …

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construction and designNewsretailers

Ballard Designs Opens First Store in Alabama

by Katie Lee

Birmingham, Ala. — On Oct. 21, leading furniture design retailer Ballard Designs opened its first Alabama location in downtown Birmingham’s historic Hardwick Building. “Our beautiful new store [is] a playground for home decorators,” says Karen Mooney, president of Ballard Designs. “Birmingham [now has] an exciting, go-to source for home decor as vibrant and colorful as the murals that help make downtown a magnet for art and design lovers.” Situated along the popular Rotary Trail, Ballard’s newest location occupies the renovated Hardwick Building’s street level with restaurants and other businesses filling …

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Colt Facility MaintenanceContent Partnerdisaster recoveryexterior services/landscapingfacilities managementFeaturesparking lotsproperty managementremodelsrestaurantsretailerssecurity/loss prevention

Protect Your Retail Space from Car Damage

by Sarah Daniels

By the time you finish reading this article, somewhere in the United States, a car will have run over the curb of a busy road, crossed the sidewalk and crashed into a retail space. “There’s not a doubt in my mind that somebody is driving into a storefront right now,” says Jessica Suazo, regional service manager for Colt Facility Maintenance, based in Dallas. Suazo’s company specializes in systems of bollards that protect buildings from these collisions. Also, for buildings not properly protected from collisions, companies like Colt provide emergency services. …

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construction and designNewsretailers

REI Co-op To Open 6 New Stores in 2025

by Katie Lee

Seattle — Specialty outdoor retailer REI Co-op has announced its lineup of 2025 store openings, with a sneak peek into 2026. Stores will open in six communities next spring and summer, including the California cities of Carlsbad, Chico and Elk Grove as well as in Amherst, N.Y; Durango, Colo.; and Lynnwood, Wash. REI also intends to open in Prosper, Texas, in 2026, which will join a previously announced St. George, Utah, store. Additional stores for 2026 will be announced as leases are finalized. “Cities that will have new stores represent …

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Lamps Plus Names New Chief Digital Officer

by Katie Lee

Los Angeles — Lamps Plus, a leading home specialty lighting retailer, has hired Richard Hoalst as chief digital officer in a newly created role. Reporting to CEO Jason Goldberger, Hoalst will lead the transformation of the company’s digital commerce efforts across website, marketing, creative and marketplaces. He joins the company from Guitar Center. Hoalst joins the company with nearly 30 years of diverse leadership experience overseeing e-commerce, marketing and merchandising teams across iconic brands in a variety of industries. Most recently, he served as executive vice president – chief customer …

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Rural King Opens its First Store in the State of Georgia

by Katie Lee

Mattoon, Ill. — In mid-October, Rural King, a family-owned retailer dedicated to the rural lifestyle, opened its newest store in Bainbridge, Ga. — marking its first in the Peach State. With a legacy spanning over six decades, Rural King has established itself as a cornerstone of the communities it serves. The new Bainbridge store location, located at 1615 E. Shotwell St., uses innovative features designed to enhance the shopping experience, including mobile and self-checkouts, while maintaining the personal touch that defines Rural King’s customer service. “Rural King is excited to …

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True Value Files for Bankruptcy, Enters Into $153 Million Sales Agreement

by Katie Lee

Chicago — Hardware retailer True Value Co. LLC has initiated voluntary Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. The Chicago-based retailer has also entered into an agreement to sell substantially all of its business operations to Do it Best Corp., another entity within the home improvement retail sector and former rival. According to Reuters, Do it Best will serve as the stalking horse bidder for True Value with an acquisition price set at $153 million in cash and the assumption of $45 million …

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