Topeka, KS — Collective Brands, Inc. will close approximately 475 under-performing stores in the next 3 years; 300 of these stores will close by year end.
New York City — Saks Incorporated’s Saks Fifth Avenue OFF 5TH plans to continue to expand the company’s store portfolio with five new stores planned for 2012.
San Francisco — Gap Inc. has released its Social and Environmental Responsibility Report, committing to cut greenhouse gas emissions and reduce electricity consumption in its distribution centers.
Woonsocket, RI — CVS Caremark has named Mark S. Cosby as president of CVS/pharmacy effective October 1, 2011. He joins CVS from Macy’s, where he served as president of stores.
Stamford, CT — Brothers Shep and Ian Murray, CEOs and co-founders of vineyard vines®, plan to open four new retail stores in November 2011, bringing the retailer’s total store count to 20.
Indianapolis — hhgregg will open 14 new stores in the Chicago area on September 15. With the opening of these new stores, Chicago will become hhgregg’s newest and largest market.
Albuquerque — Smith’s Food & Drug Stores, a division of the Kroger Co., has completed the installation of photovoltaic energy panels at two Albuquerque stores.
Schaumburg, IL — In September 2011, The Rabine Group will begin converting the roof at its headquarters to a LEED-certified sustainable roof and a roofing showroom for its learning facility.
