Strategy

Sears Canada CEO Calvin McDonald has resigned from his position and the company’s board of directors to pursue an opportunity with an international company. Taking his place will be current EVP and chief operating officer Douglas C. Campbell. 

Campbell joined Sears Canada in March 2011 and was appointed EVP and chief operating officer Nov. 2012. He was responsible for retail store operations, logistics, replenishment, information technology, corporate procurement and international sourcing.  

Evansville, Ind. — Schnuck Markets plans to open two stores and remodel three locations in southwest Indiana, the supermarket chain said Tuesday.

Schnucks said it planned to invest more than $11 million in Evansville, Ind., which is the largest city in southwest Indiana. Chairman and CEO Scott Schnuck announced the plans at the Southwest Indiana Chamber of Commerce's annual meeting and dinner.

Katy, Texas -- Academy Sports + Outdoors will open its first Memphis-area store on Sept. 27, in Collierville, Tenn. In conjunction with the opening, Academy has signed a multi-year partnership with The University of Memphis and its athletics multimedia rights holder, Tiger Sports Properties.

The new 73,000-sq.-ft. Collierville store will be Academy's eighth store in Tennessee.

Orlando, Fla. — Jones Lang LaSalle has announced the appointment of Justin Greider to its Florida retail leasing business. Greider joins as a VP to oversee the firm’s retail leasing portfolio. Greider will work with Florida retail market lead John Lambert and senior VP Sean McConnell to provide strategic planning and execution of merchandising plans for the firm’s neighborhood, community and premier shopping centers throughout Florida.

Fremont, Calif. – The Men's Wearhouse has extended its exclusive relationship with David's Bridal. The amendment to the current contract extends the partnership by five years with the option to extend for an additional five years.

"Our relationship with David's Bridal has been an important part of our tuxedo marketing plan since 2007,” said Doug Ewert, Men's Wearhouse president and CEO. “We are excited to extend this valuable partnership and enhance our co-marketing programs to continue providing superior wedding services."

Dunnhumby, a leading customer science company, has launched Dunnhumby Ventures, a seed-stage investment fund focusing on innovations in retail technology. 

Dunnhumby Ventures will serve as a support mechanism for innovators, helping to fund startup businesses that are embracing data for innovations along the consumer’s path to purchase. Dunnhumby Ventures will also provide strategic input and mentorship. Average initial investments will range from $100,000 to $500,000.

Toronto – Sears Canada CEO Calvin McDonald has resigned to take a position with an unnamed international company. The retailer named COO and executive VP Douglas C. Campbell as president and CEO.

As COO, Campbell was responsible for retail store operations, logistics, replenishment, IT, corporate procurement, and international sourcing. Prior to joining Sears, Campbell was a principal with Boston Consulting Group and also an officer in the U.S. Marine Corps.

David’s Bridal is turning to Manhattan Associates to bolster its omnichannel offerings and ensure on-time and accurate delivery of customer orders from across its network. The announcement comes on the heels of its extended exclusive relationship with the Men's Wearhouse. 

The amendment to the current contract with Men’s Wearhouse extends the partnership by five years with the option to extend for an additional five years.