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Dollar General elevates Vasos and D’Arezzo
A desire to improve operational efficiency and capitalize on scale were cited as reasons for several senior level executive moves at Dollar General.
The retailer recently surpassed 11,000 units and chairman and CEO Rick Dreiling said the enhanced management structure involving Todd Vasos and David D’Arezzo would align the company for continued future growth.
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Update on Flooring
New printing techniques, sizes allow for greater options.
Whether it’s a high-end specialty store or a big-box discounter, flooring can go a long way toward setting the right mood — and making shoppers feel comfortable. “It’s naturally innate in us to look down at the ground,” said Nathan Lee Colkitt, CEO, Colkitt&Co., an architectural firm with offices in San Diego and New York City. “If we get the lay of the land, we feel safer and more comfortable.”
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Hudson’s Bay completes acquisition of Saks; NYC flagship to get major renovation
Toronto -- Canada’s Hudson's Bay Co. said Monday that it has completed its $2.4 billion acquisition of Saks Inc. Saks shareholders overwhelmingly approved the sale of the New York company during a special meeting on Wednesday. The combined company will operate a total of 320 stores, including 179 full-line specialty department stores, 72 outlet stores and 69 home stores in prime locations throughout the U.S., and Canada, along with three e-commerce sites.
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Target cleans up in NY’s Grand Central
Target turned heads at New York’s Grand Central Terminal Monday morning with its newest popup store featuring an exclusive collection of bath and body products by Sonia Kashuk.
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Von Maur heads to sweet home Alabama
Von Maur has opened its first location in Alabama, just outside of Birmingham, at Riverchase Galleria in Hoover. The 185,000-sq.-ft. store is one of the largest locations in the country.
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Walmart unveils U.S. manufacturing projects
Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit that three suppliers have made new domestic manufacturing commitments that will create 385 jobs.
The move is part of the retailer’s previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.
Walmart said that Elan-Polo, Louis Hornick & Company and EveryWare Global will produce footwear, curtains and glassware, respectively.
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Lane Bryant opens two new stores, refreshes two stores Nov. 1
Columbus, Ohio – Lane Bryant opened four new stores on Nov. 1. The stores are located at University Mall in Carbondale, Ill., and Bey Lea Plaza in Toms River, N.J.
The retailer also opens two refreshed stores on Nov. 1, at Pavilion Center in Dallas and Las Palmas Marketplace Shopping Center location in El Paso, Texas.
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