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Mass Merchant

  • Department store giant on hunt for a CFO

    Hudson’s Bay Company is losing its finance head.   The retailer said that CFO Paul Beesley has made the decision to resign in order to return home to Canada to be closer to his family. Beesley will continue in his role over the next two months to ensure a smooth transition. His last day with HBC will be July 7. HBC has engaged an executive search firm to assist in recruiting a new CFO.  
  • Crayola Experience heading to Texas

    The Lone Star state is set to get a big dose of Crayola color.    The iconic brand will open a Crayola Experience at The Shops at Willow Bend, Plano, Texas, in spring 2018. This is the fourth location for the attraction, which also has locations in Orlando, Fla., Bloomington, Minn. (at Mall of America), and its hometown of Easton, Pa.      
  • Report: Automation could propel Amazon’s grocery operation

    Automation could drive Amazon’s grocery business in more ways than one.    Not only will a focus on automation prime the online giant’s AmazonFresh operation to disrupt the grocery industry, but it could also help the endeavor reach a breakeven point, according to CNBC.  
  • Macy’s selling Chicago flagship — but not all of it

    Macy’s has put part of its iconic State Street store in Chicago’s Loop district on the selling block.   The top half of the building, floors eight through 14, is on the market, the Chicago Tribune reported. Altogether, the space for sale takes in some 650,000 sq. ft., the report said Macy's plans to continue owning the lower floors, which include retail space.  
  • Target ramping up presence, and testing new service, in Manhattan

    Target Corp. is beefing up its presence in the Big Apple — and also testing a service to give city dwellers a break from lugging their purchases home.      The discounter announced plans to a smaller-format store on the city’s Lower East Side in March 2018. The 22,500-sq.-ft. store — one-fifth the size of a regular Target — will be on the second level of the Essex Crossing development, with more than 500 rental units above it. The mixed-use building will also include a Trader Joe’s.  
  • Bankrupt Gander Mountain acquired

    The largest U.S. chain dedicated to recreational vehicles and a group of liquidations have come together to thrown a lifeline of sorts to outdoor retailer Gander Mountain.   
  • Longtime Nordstrom exec joins DSW in big role

    A veteran Nordstrom executive has been named COO of DSW.    The footwear retailer appointed Michele Love as executive VP and COO, effective May 1, 2017. With responsibility for marketing and digital, she will oversee all aspects of customer engagement, driving messaging across all touchpoints.  
  • New women’s fashion brand looks to expand

    A brand new women’s contemporary apparel and accessories brand with a French aesthetic is moving fast out of the starting gate.   
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