Hoffman Estates, IL — Raj Penkar will join Sears Holdings on September 15 as senior vice president and president, supply chain. He joins Sears after 24 years with UPS.
Mount Vernon, NY — Partnering with DGC Capital Contracting Corp., Donna Karan New York has opened two “shop in shops” at Bloomingdale’s and Lord & Taylor stores in Manhattan.
City of Industry, CA — Hot Topic, Inc. has added two new executives: Don Hendricks as chief information officer and Jeff Allison as senior vice president of planning and allocation.
Los Angeles — Fifty-nine percent of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment, according to a CB Richard Ellis survey.
Morristown, NJ — Schindler Elevator Corporation, a leading elevator and escalator manufacturer in North America, has acquired White Plains, N.Y.-based Midland Elevator Company, Inc.
Boca Raton, FL — Office Depot has opened its first Caribbean store in Santo Domingo, Dominican Republic, as part of its franchise agreement with Benmore International.
Mooresville, NC — Lowe’s Companies, Inc. plans to restructure its store operations and merchandising organizations to improve efficiencies and enhance the shopping experience.
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.
