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TJX CEO to step down in January
The TJX Companies announced that chairman and CEO Carol Meyrowitz will step down, effective January 31, 2016.
She will be succeeded by Ernie Herrman, 54, who will retain his current title as president of the company. Meyrowitz, 61, who has been at the helm of TJX since January 2007, will become executive chairman of the company’s board at the time of the CEO transition.
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Ross Dress for Less opens 274th California store Oct. 10
Ross Dress for Less will open a new store in Redlands, California on Oct. 10. The 24,000-sq.-ft. relocation is in Mountain Grove at Citrus Plaza, and is being moved from its previous location at Tri-City Center.
With this location, Ross will operate 274 stores in its largest state. The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.