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Christy Sports CEO to Depart

by Katie Lee

Lakewood, Colo. — Christy Sports, a premier outdoor retailer with more than 60 locations, has announced the exit of CEO Matt Gold. He and the board of directors have mutually agreed to part ways at the end of April 2023. Gold has made important contributions over the past 6 years, leading the company through an ownership transition, growing the company store footprint and online presence, and effectively navigating the company through the COVID-19 pandemic. A search for a new CEO is currently underway. Headquartered in Lakewood, Colo., and founded in …

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Kohl’s Named 2023 ENERGY STAR Partner of the Year for Sustained Excellence

by Katie Lee

Menomonee Falls, Wis. — Kohl’s has been recognized by the U.S. Environmental Protection Agency’s ENERGY STAR program as a 2023 Partner of the Year Award for Sustained Excellence, which is its highest honor and is reserved for ENERGY STAR partners demonstrating outstanding leadership, year over year. The EPA recognizes partners with the Sustained Excellence Award if they have already received ENERGY STAR Partner of the Year recognition for a minimum of 2 consecutive years and have gone above and beyond the criteria needed to qualify for recognition. Of the more …

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David’s Bridal Files for Bankruptcy Protection Ahead of Potential Sale

by Katie Lee

Conshohocken, Pa. — David’s Bridal LLC and some of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. Both the brand’s nearly 300 physical stores, as well as its online platforms, will remain open and operational, according to the company. The Conshohocken, Pa.-based retailer is seeking customary “first-day” relief authorizations from the United States Bankruptcy Court for the District of New Jersey to continue payment of employee wages and benefits, maintain certain customer programs and honor vendor obligations. The company had previously filed …

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Tilly’s, Inc. Appoints EVP, Chief Merchandising Officer

by Katie Lee

Irvine, Calif. — Tilly’s, Inc. has appointed Laura Janney as its executive vice president, chief merchandising officer, effective May 8, 2023. She will oversee all aspects of the company’s merchandising operations, including buying, sourcing and product development, along with coordinating consistency in merchandising experiences both in-store and online. Previously, Janney served Hudson’s Bay from July 2019 to January 2023, most recently as its chief merchandising officer. Prior to that, she served Nordstrom, Inc. for 32 years from June 1987 to March 2019 in a variety of retail store and merchandise …

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WHP Global and EXPR to Acquire Bonobos from Walmart for $75 Million

by Katie Lee

Columbus, Ohio, and New York City — Parent company of fashion apparel retailer Express, Inc., EXPR, and global brand management firm, WHP Global have entered a definitive agreement to acquire menswear brand Bonobos, Inc. from Walmart Inc., for a combined $75 million. This is the first acquisition to be made jointly by WHP Global and EXPR since finalizing their strategic partnership earlier this year. Bonobos, founded in 2007 and acquired by Walmart in 2017, distinguished itself in the menswear category based on product fit, customer experience and the innovative Guideshop …

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Nordstrom Rack to Open 5 New California Stores

by Katie Lee

Seattle — Seattle-based fashion retailer Nordstrom, Inc. plans to open four new Nordstrom Rack stores in 2024 and one in 2025, all in California. The new stores will be located in the California cities of Davis, Elk Grove, Gilroy, Oceanside and San Mateo. “We look forward to opening these new Nordstrom Rack locations, strengthening our network of stores and introducing new customers to Nordstrom Rack’s unique product offering,” says Carl Jenkins, senior vice president of Nordstrom Rack Stores. “In addition to shopping great brands at great prices, our customers in …

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Leslie’s Opens 1,000th Store to Mark 60th Anniversary

by Katie Lee

Phoenix — Leslie’s, Inc., the largest direct-to-consumer brand in the U.S. pool and spa care industry, is turning 60. The company also has opened its 1,000th store. Leslie’s was founded in 1963 by Phil Leslie Jr. as a single location in Los Angeles. The retailer has grown to a 1,000-store chain across 37 states, providing pool owners and professionals with everything they need to keep pools and spas clean, safe and beautiful. The company opened its 1,000th store in early April in North Port, Fla. Leslie’s is well known for …

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Walmart Outlines Growth Strategy, Unveils Next Generation Supply Chain

by Katie Lee

Tampa, Fla. — Walmart Inc. kicked off its 2-day 2023 Investment Community meeting in Tampa, Fla., where leadership highlighted how the company is investing to strengthen its business through its people and an unparalleled, next generation supply chain network of stores, clubs and fulfillment centers, and driving future global growth opportunities across its omnichannel ecosystem and high value initiatives. “We are in a unique position to serve our customers and members however they want to shop, which will fuel continued growth,” says Doug McMillon, Walmart’s president and chief executive officer. …

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Bealls Inc. Plans Significant Retail Portfolio Rebranding

by Katie Lee

Bradenton, Fla. — Bealls, Inc. plans a significant rebranding of two of its largest retail chains. The company’s 600 Bealls Outlet and Burkes Outlet locations in 23 states are uniting to become “bealls”. Changing Burkes to bealls was made possible by the Bealls Inc. acquisition of the national name rights to “Bealls” in 2020 from Stage Stores Inc. The company feels that the Outlet name is dated and can lead to misconceptions about the origin and quality of their merchandise. Bealls, Inc. also operates a retail chain that exists only in the …

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Genesis Opens First Stand-Alone Retail Facility in California

by Katie Lee

Santa Monica, Calif. — Genesis is continuing its retail expansion with the opening of Genesis Santa Monica, the brand’s fifth standalone retail facility in the U.S. and first in California. Several more U.S. locations are currently under development with additional openings planned this year. Genesis Santa Monica, located not far from Genesis Motor America’s U.S. headquarters, features an elegant showroom with an open floorplan. It also offers at-home test drives and vehicle delivery to customers’ residence or place of business. Genesis Santa Monica is owned and operated by dealer principal …

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