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Sprouts Farmers Market Appoints Chief Financial Officer

by Katie Lee

Phoenix — Sprouts Farmers Market, Inc., a fast-growing specialty retailers of fresh, natural and organic food in the U.S., has appointed Curtis Valentine as chief financial officer, effective Jan. 1, 2024. Valentine is currently Sprouts’ senior vice president of finance and will succeed Lawrence (“Chip”) Molloy, who plans to retire from the CFO position at the end of 2023. “We are delighted to elevate Curtis from our deep bench of finance talent to be our chief financial officer,” says Jack Sinclair, chief executive officer of Sprouts. “Curtis and Chip have …

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construction and designIndustry Voicesrestaurantsretailers

A Brave New World

by Katie Lee

— By Jason Hlewicki — It’s a new day in retail and restaurant construction: here are 3 realities today. As consumers are changing the way they shop and dine, the way restaurant and retail spaces are being designed and built is also evolving. New footprints and new prototypes mean fresh challenges and opportunities in both architecture and construction. A learning curve is at play today as build-and-design professionals catch up to the realities of the newest environments. By considering these three realities impacting the restaurant and retail industry, developers, restauranteurs …

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construction and designNewsremodelsretailers

Walmart to Reopen 117 Remodeled Stores Across U.S. on Nov. 3

by Katie Lee

Bentonville, Ark. — On Nov. 3, Walmart will reopen 117 stores nationwide, the largest single-day rollout of re-grand openings in company history. The re-grand opening projects represent more than half a billion dollars in capital investments across 30 states. Walmart plans to continue modernizing its stores across the country in 2024. “We’re investing more than $9 billion over a 2-year period to upgrade and modernize more than 1,400 of our stores across the U.S.,” says John Furner, chief executive officer of Walmart U.S. “With nearly 90% of the U.S. population …

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franchise developmentNewspeopleretailers

Retro Fitness Names Restaurant Franchise Growth Veteran as Chief Development Officer

by Katie Lee

West Palm Beach, Fla. — Retro Fitness, a leader in high-value, low-price fitness, has appointed Larry Strain, CCIM as chief development officer. Strain brings more than 25 years of experience in driving multi-unit development for top-tier franchise growth brands such as Starbucks, McDonald’s and Dunkin’ Donuts. Most recently, he helped lead the successful transition of Potbelly Sandwich Works to a franchise-focused growth model. “Bringing in an industry heavyweight like Larry was a strategic move that adds serious muscle to an already strong management team,” says Andrew Alfano, CEO of Retro …

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green building/LEEDgreen newsNewsretailers

Grocery Outlet Holding Corp. Releases Inaugural ESG Report

by Katie Lee

Emeryville, Calif. — Grocery Outlet Holding Corp., a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, has published its first Environmental, Social and Governance (ESG) Report covering fiscal year 2022. “At Grocery Outlet, our mission of ‘touching lives for the better’ has been core to the business from the start, and fulfilling this purpose has resulted in positive environmental and social impacts throughout our 77-year history. We are proud of the work we have done and we are excited to highlight our ESG strategy through our first …

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construction and designNewsproperty managementrestaurantsretailers

Tanger Opens its First U.S. Outlet Center Since 2019

by Katie Lee

Greensboro, N.C. — Tanger® Outlets, a leading operator of upscale, open-air shopping centers, will open its 37th shopping center, Tanger Outlets Nashville, on October 27. The 290,000-square-foot open-air shopping center, located in southeast Nashville, Tenn., is the first outlet center and one of the few major shopping centers in the United States to break ground and deliver to the market since 2019. The center features a transformational design intended to foster onsite experience and consumer engagement, as well as to facilitate product interaction and pickup. This consumer-informed design and an …

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construction and designflooring/floor careIndustry Voicesretailers

Laying the Path Forward

by Katie Lee

— By Scott Faucheux — How modular and sustainable flooring is shaping retail design. In today’s dynamic retail and restaurant landscapes, adaptability is key. Consumers are craving experiences that jump off the page –– literally. The internet has transformed our perceptions and expectations of shopping, fulfillment and convenience, creating a constant demand for what is new and popular. It is worth noting that a brand’s physical store and online presence may have different goals, and transforming a physical space can be more complex than updating a digital narrative. Retailers face …

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construction and designNewsremodelsretailers

Graycor Renovates 2 DICK’S House of Sport and Golf Galaxy Stores in Texas

by Katie Lee

Oakbrook Terrace, Ill. — Graycor has completed the renovation of two DICK’S House of Sport and Golf Galaxy locations in Baybrook and Katy, Texas. These newly redeveloped retail spaces included interior and exterior updates. “Truly a one-of-a-kind destination, DICK’S House of Sport brings customers an experiential retail space like no other,” says Evan Wisthuff, project executive with Graycor Construction Company Inc. “We were honored DICK’S Sporting Goods entrusted Graycor with these conversion projects. We place a high value on teamwork, collaboration and communication — all of which are essential when …

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Newsretailers

Scheels to Open 240,000 SF Sporting Goods Store in Metro Austin

by Katie Lee

Cedar Park, Texas — Scheels, an employee-owned sporting goods retailer based in Fargo, N.D., plans to open a 240,000-square-foot store in Cedar Park, Texas, a northern suburb of Austin. The store will be the retailer’s second “All Sports” location to open in Texas, joining a store at Grandscape in The Colony that opened in 2020. The Cedar Park Scheels is the second anchor tenant announced for CedarView, a mixed-use development that will also feature a 1.2 million-square-foot Nebraska Furniture Mart, a convention center and a hotel with at least 250 …

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Newspeopleretailers

Academy Promotes 2 Executives to President & SVP, Retail Operations

by Katie Lee

Katy, Texas — Effective Oct. 23, 2023, Sam J. Johnson, executive vice president of retail operations, has been promoted to president of Academy Sports and Outdoors, Inc., succeeding Michael P. Mullican, who is stepping down to pursue other personal and professional opportunities. Johnson will continue to report to CEO Steve Lawrence, and his responsibilities will include continued oversight of retail operations and real estate & construction, as well as new responsibility for logistics & supply chain. Mullican will serve the company in an advisory capacity through a brief transition period. …

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