Denver — Designer furnishings retailer Ballard Designs will soon open its first retail store in the state of Colorado. Situated in the upscale, walkable Cherry Creek North shopping district of Denver, the store will open on Jan. 2, 2024. Ballard’s new Denver location is part of the brand’s ongoing retail expansion spanning 20 states and 22 retail stores. “We love Denver, and we know from 40 years of sales history, that Denver loves us too,” says Dominic Milanese, vice president of retail for Ballard Designs. “Now Coloradans can see the …
retailers
Coppell, Texas — The Container Store Group, Inc. has opened its 100th store location. Now open in Princeton, N.J., the milestone store furthers advances the company’s goal to reach $2 billion in revenue. The 100th store is the sixth small-format store the company has opened to date and one of five anticipated to open in its fiscal 2023 ending March 30, 2024. A primary objective of its small-format stores is high productivity with a full Custom Spaces Studio featuring its Preston, Avera and Elfa lines, curated assortment of complementary general …
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
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 …
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 …
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 …
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 …
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 …
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 …
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 …