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Retail

  • PetSmart taps Hallmark exec as CIO

    Phoenix -- PetSmart has named Michael Goodwin to the position of senior VP and CIO, effective June 2.

    Goodwin brings more than 20 years of information technology experience to PetSmart, most recently serving as senior VP and CIO of technology and business enablement at Hallmark, a $4 billion global enterprise with more than 2,600 stores and an extensive online presence.

  • Outlets Are In

    Eleven centers opened last year, with 50 more on the drawing boards

    The recession lit the fuse that has produced an explosion of outlet center development.

  • Whole Foods to open first Fort Worth, Texas, store

    Fort Worth, Texas — Whole Foods Market has leased a 45,000-sq.-ft. location in Waterside, the new 63-acre master-planned, mixed-use property being developed by Trademark Property Co. Slated to open in the spring of 2016, it will be Whole Foods first grocery in Fort Worth.

    Located on the Trinity River, Waterside will offer retail, restaurants, office, hotel and residential uses in a walk-able setting that will include a new extension of the Trinity Trail.

  • Hhgregg hires RadioShack exec as COO

    Indianapolis – Hhgregg Inc. has hired Troy H. Risch as COO. Risch joins Hhgregg from RadioShack, where he served as executive VP of store operations.

    Prior to this, Risch held a variety of operational leadership positions with Target Corp., including executive VP of stores. Risch will assume the COO position on May 5, 2014.

  • Lumber Liquidators profit falls amid costs; to open 35-40 stores

    Toano, Va. - Net income at Lumber Liquidators decreased 13.2% to $13.7 million during the first quarter of fiscal 2014, compared to $15.8 million in the same period the prior year. During fiscal 2014, the retailer intends to open 35 to 40 new store locations in the expanded showroom format and remodel 25 to 30 existing stores in the expanded showroom format.

  • How to Optimize Fulfillment for Peak-Season Omnichannel Orders

    By Mike Gregory, Kurt Salmon

    As consumers busy themselves with spring gardening and plans for summer travel, their favorite retailers are already planning for back-to-school and the 2014 holiday season. And after delivery delays during holiday 2013 left many customers fuming, a core issue for retailers is how to optimize their peak-season order fulfillment and related customer service.

  • Eyebuydirect launches new e-commerce site

    Austin, Texas - Online prescription eyewear retailer Eyebuydirect.com (EBD) has launched a new website featuring with more than 1,200 customizable frames. EBD has streamlined the online shopping experience for prescription glasses with the Eye Try tool, which allows customers to upload a photo of themselves in order to virtually try on any pair of frames available on the site.  
    Each pair of glasses is adjusted according to the individual’s pupillary distance (PD) and eye alignment.

  • Baker Katz buys four properties in Houston metro area

    Houston, Texas — Baker Katz has acquired four retail properties throughout the greater Houston area — in the neighboring cities of Port Arthur, Lake Jackson, Beaumont and Tomball.

    The Port Arthur property is a 90,000-sq.-ft., single-tenant building purchased from the Sutherland Lumber Co. for an undisclosed amount. Baker Katz plans to renovate the building and convert it to a multi-tenant space. Hobby Lobby has signed a 58,000-sq.-ft. lease, and Party City has signed a lease for 13,000 sq. ft.

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