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Francesca's taps Men’s Wearhouse CFO as new president
Houston -- Francesca’s Holdings Corp. announced Monday that it has appointed Men’s Wearhouse CFO Neill Davis to its newly created position of president. Both companies are based in Houston.
Davis, a 15-year executive of Men’s Wearhouse, has been a board member of the apparel and accessories chain for the past five years. He will officially become Francesca’s president on Aug. 6.
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Conversion underway for Genuardi's stores in Philadelphia area
Carlisle, Pa. -- Ahold subsidiary Giant Food said it has commenced its conversion of 15 former Genuardi's stores. The announcement follows FTC approval of Giant Food’s plan to acquire 15 Genuardi's stores, located in the greater Philadelphia area, from Safeway.
During the conversion process, five stores at a time will temporarily close for about a week. The three-phase staggered approach is expected to be completed on July 22.