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Take 5 Oil Change Opens 1,000th Location

by Katie Lee

Charlotte, N.C. — Take 5 Oil Change, a leader in the quick lube industry, has opened its 1,000th location. This milestone service center, operated by franchisee Purple Square Group and located in Fort Pierce, Fla., is part of the brand’s growth by more than 1400% since its acquisition by Driven Brands in 2016. Building on the success of earlier milestones, including the grand opening of its 300th franchised location in the U.S. earlier this year, Take 5 Oil Change continues to solidify its position as a leading player in the quick …

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Considering Color

by Katie Lee

— By Doug Head — The creative use of color can add to your signage/lighting program — and draw consumers in to your business. What do you do when the sign code in your city is very restrictive and your building needs more attention than your small display will provide? Many businesses have discovered that a colorfully lit wall or accent lighting will draw attention to the building and add appeal. Using color to capture attention and highlight architectural features on buildings can be the answer to the small sign …

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Ballard Designs Furniture & Décor to Open First Store in Colorado

by Katie Lee

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 …

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The Container Store Opens its 100th Retail Location

by Katie Lee

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 …

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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

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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 …

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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 …

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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 …

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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 …

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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 …

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