Mooresville, NC — Michael K. Brown, EVP and chief information officer of Lowe’s Companies, Inc., plans to retire after almost 28 years with the company in store operations and IT.
Houston — Over the last year, Mattress Firm Holding Corp. opened 41 stores and completed the acquisition of 55 stores from Mattress Giant. This year, Mattress Firm plans to acquire Mattress Giant.
Minneapolis — Brian Dunn has resigned as CEO and director of the board of Best Buy Co., Inc. Director G. Mike Mikan has been named interim CEO while a search for a new CEO is underway.
Fort Worth, TX — Pier 1 Imports, Inc. has a new 3-year growth plan beginning in fiscal 2013 that includes store refurbishments, remodels, new openings and strategic relocations.
Atlanta — Rheem has promoted Sal Brunetto to corporate national accounts manager. A veteran of the company’s tankless business unit, Brunetto joined Rheem in 2008.
Indianapolis — Saks Fifth Avenue OFF 5TH will anchor two new centers in development by Simon Property Group, Inc.’s Premium Outlets® division in Arizona and Missouri.
Minneapolis — Target Corporation has named Jeffrey J. Jones, II as the company’s executive vice president and chief marketing officer, effective immediately.
Goodlettsville, TN — Dollar General has opened its 10,000th store. The landmark location is in Merced, Calif., which is one of the company’s first stores in the state.
