Mass Merchant

Jacksonville, Fla. -- Stein Mart’s board of directors has appointed D. Hunt Hawkins and Brian R. Morrow to share the newly created office of the president. Both men will continue to report to CEO Jay Stein.

Stein Mart’s board of directors has appointed D. Hunt Hawkins and Brian R. Morrow to share the newly created office of the president. Both men will continue to report to CEO Jay Stein.

"Hunt and Brian have made significant contributions in the success of the company," said Stein. "Their promotions are a testament to their leadership that has built a team that has produced seven consecutive quarters of comp store gains, a dramatic departure from the achievements of past management, and reflect the confidence the board and I have in them."

Miami Gardens, Fla. — Demolition has begun at Palmetto Gardens Plaza, a 7.1-acre shopping center site in Miami Gardens, Fla. The site is being prepared for the development of a 63,000-sq.-ft. shopping center that will include a 41,000-sq.-ft. Wal-Mart Neighborhood Market and an additional inline and outparcel space of 20,000 sq. ft. — now available for lease.

Columbus, Ohio – Lane Bryant opens a new store at Genesee Valley Center in Flint, Michigan, on April 25. From April 25-27, Lane Bryant will give away 50 $25 gift cards each day.

Lane Bryant operates 775 stores across the U.S.


 

Jacksonville, Fla. – The board of directors of Stein Mart Inc. has created the office of the president and have appointed D. Hunt Hawkins and Brian R. Morrow to share that office. Both will continue to report to Jay Stein, CEO.

The Wet Seal is winding down its Arden B brand. Arden B currently operates 54 mall-based stores and an e-commerce site. In the fiscal year ended Feb. 1, the brand generated net sales of $60.4 million and represented 11% of consolidated net sales.

“This was a difficult decision that followed a comprehensive review of the business and market dynamics. We would like to thank all of our Arden B team members for their hard work and dedication to the brand, and also extend our gratitude to our loyal customers,” said CEO John D. Goodman.

Knoxville, Tenn. — Four new retailers have signed leases with University Commons, a new retail center adjacent to the University of Tennessee campus in Knoxville, Tenn. The property’s developer, CHM, made the announcement.

The newly signed retailers are Fresh To Order, a fast-fine restaurant concept; Blush Boutique, an affordable-fashion concept; Great Clips, the chain’s twentieth Knoxville-area shop; and Jersey Mike’s, the fast casual submarine sandwich franchise.

Hong Kong -- Wal-Mart Stores Inc. is changing the management structure of its Asia operation with a series of promotions. Scott Price, currently president and CEO of Walmart Asia, will move to a senior management role as executive VP, international strategy and development, real estate, mergers and acquisitions, integration and purchase leverage, based at Wal-Mart's world headquarters in Bentonville, Arkansas.