Walmart

JCPenney Welcomes New CEO

by Katie Lee October 25, 2021

Lewisville, Texas — Texas — JCPenney has appointed Marc Rosen as chief executive officer, effective Nov. 1, 2021. Stanley Shashoua, Simon’s chief investment officer, has been appointed as executive chairman of the board of directors after serving as interim CEO of JCPenney since January. “Marc joins JCPenney following a year of focused work to stabilize the business, improve financials and position the retailer for long term success,” says Shashoua. “Working with the phenomenal and dedicated JCPenney team as CEO has been immensely rewarding, and I look forward to my next …

October 25, 2021

News retailers

Walmart-owned Moosejaw Opens First Retail Store in Arkansas

by Katie Lee October 19, 2021

Madison Heights, Mich. — Walmart-owned Moosejaw, a leading retailer specializing in outdoor gear and apparel, is opening its first physical store in Arkansas on October 21. The store is located in Walmart’s hometown of Bentonville, just blocks from where Sam Walton opened Walton’s 5 & 10 in 1950. Moosejaw, which was acquired by Walmart in 2017, carries top outdoors brands for bike and snow enthusiasts, as well as well-known apparel and footwear labels. The Bentonville location is 6,000 square feet, making it the second largest Moosejaw store in the country. …

October 19, 2021

News people retailers

Leading Sports Retailer Lids Promotes SVP to President

by Katie Lee September 22, 2021

Indianapolis — Leading sports retailer Lids has promoted Britten Maughan to president. He has been a key factor in Lids’ continued growth since he joined the company in 2019. In his role as a senior vice president, marketing and partnerships, Maughan has overseen all aspects of product, marketing, merchandising, partnerships and distribution for the retailer. Most notably, he implemented an improved business process with the introduction of data analytics to drive merchandising and allocation decision making. He has also run point on improving product assortment. “I am fortunate to be …

September 22, 2021

News restaurants retailers

Saladworks and Frutta Bowls Debut First U.S. Walmart Location

by Katie Lee September 16, 2021

Rochester, N.Y. — WOWorks, the parent company of health-centric fast-casual brands Saladworks, Frutta Bowls, Garbanzo Mediterranean Fresh and The Simple Greek, has debuted its first location in a Walmart grocery store in Rochester, N.Y. The ghost kitchen location will include Saladworks, the nation’s leading fast-casual entrée salad franchise, and Frutta Bowls, the nation’s fastest-growing superfoods café, alongside other mouthwatering brands. This opening comes after WOWorks signed a deal for 90 non-traditional retail presences with Ghost Kitchen Brands in the spring of this year. Saladworks currently has over 150 locations across …

September 16, 2021

News people retailers security/loss prevention software/technology

Casey’s General Stores Names Chief Information Security Officer

by Katie Lee April 26, 2021

Ankeny, Iowa — Casey’s General Stores, Inc. has hired Paul Suarez as its chief information security officer. This is a newly created role that will lead the cybersecurity team at the fourth largest convenience retailer. Suarez will report to Adrian Butler, chief information officer. He joins the company from Walmart. “Paul’s longtime retailer experience paired with his cybersecurity expertise will take Casey’s security strategy to the next level,” says Butler. With 35 years of experience in cybersecurity, network operations and telecommunications, Suarez will provide strategic leadership and direction for Casey’s …

April 26, 2021

News people retailers

Walgreens Names Former Starbucks COO as Chief Executive Officer

by Katie Lee January 27, 2021

Deerfield, Ill. — Walgreens Boots Alliance, Inc. (WBA) has appointed Rosalind (Roz) Brewer as the company’s chief executive officer, effective March 15, 2021. Brewer will also join the WBA board of directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of executive chairman of the board of WBA. Pessina has served as the CEO of the combined company for 6 years following the merger between Walgreens and Alliance Boots in December 2014. During his tenure, he transformed and modernized the company …

January 27, 2021

News retailers

Walmart is Converting 160 Parking Lots into Drive-In Movie Theaters

by Katie Lee July 2, 2020

Bentonville, Ark. — Walmart, in partnership with Tribeca Enterprises, is creating a touring drive-in movie theater that will transform 160 Walmart parking lots into contactless outdoor cinemas. There, in the parking lots, customers can safely gather to watch movies programmed by the Tribeca Drive-in team. “Summer hasn’t really felt like summer yet, and I know I hear every day, ‘Mom, I’m bored!’” says Janey Whiteside, chief customer officer, Walmart. “We’re hoping to bring some summer fun to families across the country. We know Walmart plays a role in our communities …

July 2, 2020

News retailers

Target, Other Retailers Temporarily Close Stores Across Nation in Response to Violent Protests

by Katie Lee June 1, 2020

Minneapolis — Minnesota-based discount retailer Target has temporarily closed six stores in four states in response to protests that turned violent over the weekend. The looting and destruction of commercial property took place in the days following the death of George Floyd, an unarmed black man who died May 25 following an encounter with Minneapolis police during which an officer knelt on his neck for several minutes. On Sunday, several other retailers, including CVS, Apple and Walmart also announced temporary closures or adjusted hours in major cities where rioting had …

June 1, 2020

News retailers

Walmart Meets Commitment to Hire 150,000 Associates, Pledges to Hire 50,000 More

by Katie Lee April 21, 2020

Bentonville, Ark. — Walmart recently committed to hiring more than 150,000 new associates by the end of May. Since then, the company has had over 1 million applicants, hiring an average of 5,000 people per day. Walmart reached its goal in less than a month — more than 6 weeks ahead of schedule. Today, the company is committed to hire an additional 50,000 associates. Hiring will be across Walmart’s stores, clubs, fulfillment and distribution centers, but this won’t be a one-size-fits-all approach. Hiring 50,000 new associates will give Walmart the …

April 21, 2020

News people retailers

The Michaels Companies Appoints Former Walmart Executive as New CEO

by Katie Lee January 3, 2020

Irving, Texas — The Michaels Companies, Inc. has named Ashley Buchanan, an experienced retail executive from Walmart, as its new president and chief executive officer designate and appointed to the company’s board of directors, effective January 6, 2020. He will succeed Mark Cosby as CEO upon completion of a transition period ending April 1, 2020. Cosby will continue to serve as CEO until April 1 and will remain a member of the board of directors following the CEO transition. As part of the leadership transition, after more than 5 years …

January 3, 2020

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