Minneapolis — Effective June 1, 2012, Select Comfort Corporation’s current CFO, Shelly Ibach, will succeed Bill McLaughlin as president and CEO of the company.
Hoffman Estates, IL — Sears Holdings Corporation has reached a definitive agreement for the sale of 11 Sears full-line store locations to General Growth Properties for $270 million.
Minneapolis — Christopher & Banks Corporation’s CEO, Larry Barenbaum, has resigned. Jules Rouse, senior vice president and general merchandise manager, also is no longer with the company.
Bohemia, NY — Empire Facilities Management Group has hired Wilhelm Demel as the director of client relations. Previously, he was the national retail program manager at CBRE/Sprint.
Sidney, NE — Cabela’s Incorporated plans to open three next-generation stores and relocate its Winnipeg, Canada, store in 2013. Cabela’s currently has 34 retail stores in the U.S. and Canada.
Minneapolis — Target Corporation plans to open the company’s sixth CityTarget location in downtown Portland’s historic Galleria building. The multi-level store is set to open in 2013.
Irving, TX — Michaels plans to expand into Quebec with seven stores to open in the greater Montreal area in fall 2012. The move will put Michaels stores in all 10 of Canada’s provinces.
