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  • Golfsmith goes ‘Xtreme’ with new Houston store

    That old expression about everything being bigger in Texas was given more credence today with the grand opening of a 40,000-sq.-ft. Golfsmith superstore in Houston.

    The store, one of 10 planned openings for 2013, is what the company calls its Xtreme format. The new location in the west Houston suburb of Katy gives the company five Houston locations, 13 stores throughout Texas and more than 150 locations nationwide.

  • Rue21 bullish on expansion; to open 125 stores in 2013

    Warrendale, Pa. -- Teen fashion retailer Rue21 opened its 900th store on March 21, in the Southern Hills Shopping Center of West Plains, Missouri. The company also reported that its fourth quarter income increased 16% on strong sales.

  • Supervalu makes executive appointments; names former OfficeMax exec as CIO

    Minneapolis -- Supervalu announced appointments to its executive team, including Janel Haugarth who will remain with the company as EVP and president of independent business and supply chain services. The announcement comes as Sam Duncan, Supervalu president and chief executive continues finalizing his leadership team following the sale of five retail banners to Cerberus-led investment group AB Acquisition LLC, a transaction that was completed on March 21.

    In other appointments:

  • Supervalu finalizes leadership team

    MINNEAPOLIS — Supervalu announced that Janel Haugarth who will remain with the company as EVP and president of independent business and supply chain services. The announcement comes as Sam Duncan, Supervalu president and chief executive officer, continues finalizing his leadership team following the sale of five retail banners to AB Acquisition LLC, a transaction that was completed on March 21.

  • Canadian Tire opens a digital lab

    Toronto -- Canadian Tire has opened a digital development lab in Communitech, a start-up incubator that is home to some 100 startups and small businesses along with such “strategics” partner companies as Google Inc. and Intel Corp.
     
    Communitech supports tech companies at all stages of their growth and development in the commercialization of innovative technologies.

  • Former Adidas exec named CEO at 2XU

    CARLSBAD, Calif. — 2XU, a manufacturer of high performance athletic apparel, has named Kevin Roberts CEO of the company. 

    "2XU represents the pursuit of an incredible global business opportunity," said Roberts. "I greatly value the entrepreneurial culture of the brand and will continue to foster it moving forward."

  • J.Crew opening 46 stores in 2013; to make European debut in London

    New York -- J.Crew Group Inc. expects to open 46 stores in 2013, company officials said during its quarterly conference call.
     
    The specialty retailer will open 17 Madewell stores, 13 factory outlet units and 16 namesake locations, including its first-ever store in Europe, in London.
      
    For the fourth quarter, J.Crew’s earnings were up 18% to $70.4 million. Same-store sales rose 11%.

  • Ace Hardware nails it on revenue growth

    OAK BROOK, Ill. — Ace Hardware Corp. posted fiscal 2012 revenues of $3.8 billion, up 3.6% from the previous year. 

    The co-op’s net income of $81.8 million increased 5.3% for the year.

    “We are very pleased with our fiscal 2012 results as revenues and net income were both higher than last year and our plan,” said Ray Griffith, Ace CEO, who will be replaced by John Venhuizen as CEO, effective March 31.

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