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  • Dollar General adds foodie and financial experience to its board

    GOODLETTSVILLE, Tenn. — Dollar General has elected Sandy Cochran, president and CEO of Cracker Barrel Old Country Store, to its board of directors, effective December 5.

    “We are excited to add Sandy to the Dollar General board of directors,” said Rick Dreiling, Dollar General’s chairman and CEO. “Sandy’s extensive experience and perspective will provide us with valuable insights as we continue to grow our business. Her expertise will complement our board as we strive to build shareholder value.”

  • Accessories chain expands global footprint

    Claire’s Stores has opened its first two stores in China, giving the leading retailer of jewelry and accessories a worldwide presence in 39 countries with nearly 3,500 locations.

    The company said it opened stores in the DaNing Life Hub and Grand Gateway Mall in Shanghai and indicated that China represents a significant market opportunity for the Claire's brand. 

  • SC Johnson exec joins industry board

    Kelly Semrau, SVP of global corporate affairs, communication and sustainability at SC Johnson, is the newest board member at the American Cleaning Institute (ACI).

    The group, previously known as the Soap and Detergent Association, confirmed her appointment at a recent meeting where Amway’s Catherine Ehrenberger and Sasol’s Tom O’Brien were also appointed to new posts.

    Ehrenberger, vp of research and development, quality and regulatory at Amway, was named board chair and O’Brien, group vp and general manager as Sasol, was named vice chair.

  • Leading paint retailer opens 3,500th location

     

    Add Sherwin-Williams to the list of retailers celebrating store expansion milestones this year.

    Dollar General opened its 10,000th location earlier in the year, followed by the 5,000th AutoZone store and more recently Walgreens opened its 8,000th store. Now, Sherwin-Williams has opened its 3,500 stores in Rancho Santa Margarita, Calif. The 4,000-sq.-ft. store is the 70th retail location the company has opened this year and its 147th location in California.

  • Starbucks’ cup will runneth over

    NEW YORK — If you thought Starbucks was everywhere already, wait a few years, as the company has announced plans to open 3,000 more stores in the Americas alone in the next five years.

    Senior executives at the company outlined details of its growth agenda across its global retail, emerging brands and CPG channels at its biennial investor conference this week.

  • Dick’s joins the special dividend club

     

    Dick’s Sporting goods will pay $2 special dividend before year end in a move to help investors avoid what are presumed to be higher dividend tax rates in 2013 and beyond.

    The dividend payment will be made from cash on hand, according to the company.

  • Gymboree profit, comps dip in Q3

    San Francisco -- The Gymboree Corp. reported Wednesday that net income for the quarter ended Oct. 27 fell 22.6% to $46.9 million from $60.6 million in the year-ago period.

    Sales edged up 2.8% to $311.5 million, but same-store sales dipped 4% in the quarter.

    During fiscal 2012, the company said it maintains its plans to open approximately 124 new stores, including 98 Crazy 8 stores.

     

  • A&P teams with Esri for real estate solution

    Redlands, Calif. -- Esri announced Wednesday that the Great Atlantic and Pacific Tea Co. has licensed Esri GIS technology and data to provide localized shopping trends data toward supporting the grocer’s commitment to growing its market presence across the Northeast.

  • CBRE names president and CEO

    Los Angeles -- CBRE Group announced that Robert E. Sulentic assumed the position of president and CEO, effective Dec. 1.
       
    Sulentic succeeds Brett White, who, as previously announced, retired on Nov. 30.

    Sulentic, most recently the company’s president, also joined CBRE’s board of directors, which has expanded to 11 members. White also remains a member of the board.
     

  • Retail vet joins DJM Realty

    Boston -- DJM Realty announced that Josh Podell has joined the company as a specialty retail and outlet consultant.

    Podell, who will continue to operate his own real estate consultancy Podell Real Estate Advisors, counts among his retail experience a lengthy stint as VP real estate for Jones Retail Corp., a division of Jones Apparel Group.

     

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