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RD Management Breaks Ground on The Home Depot in Pennsylvania

by Katie Lee

New York City — RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, has commenced construction on The Home Depot at Macungie Crossing, a new community shopping center anticipated to encompass 182,000 square feet of retail and restaurant space in Trexlertown, Pa. The new 136,000-square-foot location featuring a garden center is slated to open in summer 2023. “The Home Depot opening at Macungie Crossing is a great win for local community members needing a close, convenient option for their home improvement and construction …

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Bed Bath & Beyond Inc. Appoints EVP, Chief Marketing & Customer Officer

by Katie Lee

Union, N.J. — Bed Bath & Beyond Inc. has appointed Bart Sichel as executive vice president, chief marketing & customer officer. Sichel will oversee fully integrated marketing and customer strategies for Bed Bath & Beyond, buybuy BABY and Harmon, reporting directly to Bed Bath & Beyond Inc.’s president and CEO, Sue Gove. “I am excited to welcome Bart to the Bed Bath & Beyond leadership team and am confident that his retail experience and deep knowledge of marketing and customer engagement will further support our strategic plan currently underway,” says …

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NAOT Footwear’s First Flagship Store Now Open in New York City

by Katie Lee

New York City — NAOT Footwear, Israeli maker of luxurious shoes that combine fashion and comfort, has opened its first ever flagship store in the SoHo neighborhood of New York City. The fashion-forward boutique, located at 436 W. Broadway, features a minimalist, chic design created to display current collections as works of art. “The opening of this flagship store allows us to show the breadth of the line and tell the story of NAOT on a deeper level,” says Ayelet Lax Levy, president of NAOT USA. “New York is my …

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The Container Store Names New Chief Merchandising Officer and New COO

by Katie Lee

Coppell, Texas — The Container Store Group, Inc., the leading specialty retailer of organizing solutions, custom spaces and in-home services, has named a new chief merchandising officer, Stacey Shively, and promotion of its chief information officer, Dhriti Saha, to chief operating officer, effective November 14. Shively most recently served as a senior vice president at Bed Bath and Beyond. As chief merchant of The Container Store, Shively will lead a diverse merchandising team, collaborate with the company’s cross-functional leadership team and report directly to CEO Satish Malhotra. She will play …

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Target Debuts New Larger-Format Store

by Katie Lee

Minneapolis — Target Corporation has revealed the next evolution of its new store strategy and store design. The new store design and larger store format recently debuted in a new location outside Houston. The new larger-format stores optimize additional space and new design elements and, at nearly 150,000 square feet, the locations are more than 20,000 square feet larger than the chain average. While the retailer will continue to open stores of all sizes, it will focus on this larger footprint in the next few years. Starting in 2023, more …

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ALDI U.S. and Spryker Testing New Digital Commerce Platform

by Katie Lee

Berlin and New York — ALDI U.S. and Spryker Systems have been working together to develop a new online food & grocery shopping experience for the U.S. market, offering grocery delivery or curbside pickup for ALDI U.S. shoppers. The new digital commerce platform is currently being tested with a select group of U.S. customers and is planned to be rolled out nationally in a phased approach. “Our partnership with Spryker will allow our shoppers another way to access the incredible value they expect from ALDI,” says Scott Patton, ALDI’s vice …

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Macy’s New Markets

by Katie Lee

— By Katie Lee — To meet today’s retail consumers where they are, Macy’s offers a new smaller store format, expanded digital conveniences, and sustainable operations.   Macy’s, the venerable New York-based department store chain we all know and love, is more than its storied 150-year history, more than its omnipresence in malls all over America, more than its countless Christmas tree lightings and Thanksgiving Day parades in New York and The Miracle on 34th Street movie. It’s a steady leader during unsteady times, an agent of change in a …

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Big Lots Selects New EVP, Chief Merchandising Officer and SVP, Chief Marketing Officer

by Katie Lee

Columbus, Ohio — Big Lots, Inc., one of America’s largest home discount retailers, has appointed two new members of its leadership team. Off-price retail industry veteran Margarita Giannantonio has been named executive vice president and chief merchandising officer, while retail industry brand and performance marketing leader John Alpaugh has joined Big Lots as senior vice president and chief marketing officer. “We’ve worked diligently to find the right thought and people leaders for these two roles, and Margarita and John emerged clearly from our searches as the right leaders to take …

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Levi Strauss & Co. Appoints Kohl’s Michelle Gass as President

by Katie Lee

San Francisco — Levi Strauss & Co. has made leadership changes in its executive team with the appointment of Michelle Gass to the new position of president, LS&Co., reporting to Chip Bergh, president & CEO. Gass will be responsible for leading the Levi’s® brand and the company’s global digital and commercial operations. Gass will begin her role with the company on January 2 and is expected to join the LS&Co. board of directors on her start date. “We are delighted that an executive with Michelle’s background, experience and stature is …

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Trademark Completes Initial Renovation of Annapolis Town Center

by Katie Lee

Annapolis, Md. — Fort Worth, Texas-based Trademark Property Company, a mixed-use investor, developer and operator, has completed the initial renovation of Annapolis Town Center, a combined 2 million-square-foot mixed-use property located near the intersection of John Hanson Highway and West Street. These enhancements — such as additional green and community spaces — have driven leasing momentum, leading to 122,000 square feet of new leases with a mixture of retail, food and beverage, and fitness tenants. “One of our guiding principles is to have vision and see beyond, and that is …

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