Plano, TX—J. C. Penney has unveiled a bold new logo — its first significant logo update in 40 years. The $17.8 billion retailer will begin transitioning its store signage over the next 3 years.
Freeport, NY—Curt Picard has joined Brinco Mechanical Services, Inc., as vice president, strategic asset management. He joins the company from Lennox Industries.
Charlotte, NC—Wastequip has introduced two Galbreath Loaded Container Handlers (LCH) to tour the country as part of its ongoing dealer demonstration program.
St. Louis and Aliso Viejo, CA—Brown Shoe Company, Inc. has acquired American Sporting Goods Corporation (ASG) for $145 million in cash plus assumed net debt.
Queens, NY—Discount grocer ALDI has opened its first-ever New York City store in Queens. This is the first of three grocery stores the company plans for the area.
Satellite Beach, FL—Yankee Candle Company recently installed Lighting Science Group’s high-performance and ultra-efficient LED bulbs in its stores all across New England.
Dallas—On February 14, The Container Store is showing its love and appreciation for its 4,000 employees by celebrating “National We Love Our Employees Day.”
Quincy, MA—The Stop & Shop Supermarket Company has taken a significant step in retail store innovation: a special dedication of a 400 kilowatt fuel cell — a first for the supermarket chain.
Columbus, OH—Footwear specialty retailer DSW, Inc. and its largest shareholder, Retail Ventures, Inc., have agreed to an all-stock merger that will make RVI a wholly-owned subsidiary of DSW.