retailers

Henderson, N.C. — Henderson, North Carolina-based Variety Wholesalers has announced the first wave of reopenings for its newly obtained Big Lots locations. After Ohio-based Big Lots filed for Chapter 11 bankruptcy protection in September 2024, Variety Wholesalers acquired 219 Big Lots stores. Beginning April 10, nine stores will reopen across six states including Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia. The remodeled stores will feature a selection of closeout deals, new merchandise categories, apparel and electronics. Variety Wholesalers will reopen the remaining acquired locations in subsequent waves. Approximately 55 …

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Honolulu — Batteries Plus, the nation’s leading specialty battery retailer, is making its debut in Hawaii with a multi-unit franchise agreement. Local entrepreneur Pierre Parranto has signed on to open four stores across Hawaii’s four largest islands, starting with a location in Honolulu on Oahu. “As a business owner, I was a customer in need and I was actively searching for a dependable battery supplier when I came across Batteries Plus,” says Parranto. “The franchise model immediately stood out; it offers a strong support system and fills a critical need …

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  Northbrook, Ill. — Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer, following the U.S. operating company F21 OpCo’s recent bankruptcy filing. The liquidation sales are happening both in-store and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360. All inventory is significantly discounted, offering savings of up to 60% off the lowest marked prices. Gift cards are accepted through April 15, 2025. Store fixtures and equipment are also available for purchase. “Stores are fully stocked, and fresh inventory …

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St. Petersburg, Fla. — Foot Locker, Inc., a leading footwear and apparel retailer (previously) based in New York City, has signed a 110,998-square-foot, long term office lease to relocate its global headquarters to 570 Carillon Parkway, a premier Class A office property in St. Petersburg, Fla. The building is owned by The Feil Organization, a premier national real estate investment firm. “We’re thrilled to learn that Foot Locker has secured its move to St. Petersburg with a major presence in the Carillon area,” says Kenneth T. Welch, the mayor of …

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Katy, Texas — Academy Sports + Outdoors has surpassed 300 stores after opening its first locations in York, Pa., Harrisburg, Pa., and Hagerstown, Md. These stores also mark Academy’s first locations in Pennsylvania and Maryland, increasing the retailer’s footprint to 21 states. In addition, Academy opened a new store in Kansas City, Mo., in March, and will open another new location in Charlotte, N.C., in April. The company plans to open a total of 20-25 new stores in its 2025 fiscal year. “Academy’s continued new store expansion reinforces our commitment …

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Grand Rapids, Mich. — Meijer plans to open a new neighborhood market, called Independence Market, in the Independence Township of Clarkston, Mich., on April 30. The new 50,000-square-foot market will serve customers from Clarkston and all of Independence Township, including the new Waldon Village development. “Independence Market is committed to serving our new neighbors with value and convenience that makes it easy to get in and out quickly,” says Robert Lajcaj, store director of Independence Market. “Our team has been working hard to get the store ready to open with …

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New York City — Foot Locker, Inc. has named Franklin R. Bracken, currently its executive vice president and chief commercial officer, to the role of president, effective immediately. Bracken will continue reporting to Mary Dillon, Foot Locker, Inc.’s chief executive officer. In his new role, Bracken will work alongside Dillon to accelerate the execution of the Lace Up Plan, the company’s strategy to elevate the omni-retail experience, enhance productivity and create long term shareholder value. Bracken will also continue to oversee global retail operations, merchandising, marketing, digital, loyalty and real …

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Chesapeake, Va., and New York City — Dollar Tree Inc. has agreed to sell the Family Dollar business segment to Brigade Capital Management LP and Macellum Capital Management LLC for $1 billion. The sales price represents a fraction of the $8.5 billion that Dollar Tree paid for the discount brand in 2015. Family Dollar will remain headquartered in Chesapeake, Va. Family Dollar, which caters to low-income customers with its roughly 8,000 U.S. stores, has struggled in recent years. In March 2024, Dollar Tree unveiled plans to close approximately 970 underperforming …

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John Catanese Preventative Maintenance quote

Restaurants and retailers move fast. There’s no time for unexpected maintenance issues to slow you down. Preventive maintenance (PM) programs can help you avoid disruptions. “For retailers and restaurants, preventive maintenance programs are vital, but often overlooked,” says John Catanese, senior vice president at Chain Store Maintenance, an MCS Company. “They ensure your business can provide the best service to your customers consistently, safely, efficiently and cost effectively.” Why PM Matters Preventive maintenance delivers several key advantages: Enhanced reliability. By addressing minor issues before they escalate, you can prevent unexpected …

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Murray, Utah — Beyond, Inc., owner of Bed Bath & Beyond, buybuy BABY and Overstock, has agreed to sell its Zulily brand to Lyons Trading Company, the operator of leading online off-price retailer Proozy.com. Beyond will receive $5 million while maintaining a 25% stake in the brand. “We have made significant progress in improving the performance of Bed Bath & Beyond and Overstock.com through sequential margin improvement, improved site experience, vendor consolidation and right-sizing our fixed expenses. With the recent acquisition of buybuy Baby, we want our team laser focused …

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