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Retail

  • Jo-Ann Stores CEO resigns

    Hudson, Ohio – Travis Smith has resigned as president and CEO of Jo-Ann Fabric and Craft Stores. Until a replacement has been identified, Jim Kerr, executive VP and CFO, will serve as Interim CEO of the company, while continuing in his current role as CFO.

    The board of directors is undertaking a comprehensive search to identify a replacement. In his role as interim CEO, Kerr will partner with Riddi Kline, executive VP of marketing and merchandising, and Tom Williams, executive VP of operations and HR, to manage the business.

  • Ace Hardware second-quarter results paint a nice picture

    With heavy investment in its Paint Studio and a corresponding media blitz to promote it, wholesale sales at Ace Hardware Corp. jumped double digits in the second quarter.

  • Burger 21 continues expansion with strategic franchise agreements

    Tampa, Fla. -- Burger 21, founded by the owners of The Melting Pot Restaurants, has executed its first franchise agreement in Michigan, under which a debut restaurant in Ann Arbor will open summer 2015.

    Additionally, the company signed two franchise agreements for single units in Ocala, Florida, and Raleigh, North Carolina. The new deals are part of the fast-casual concept's growth strategy to expand its presence in new and existing markets nationwide.

    To date, Burger 21 has 13 open locations and 25 franchised restaurants in development.

  • Big Lots expands food assortment

    Columbus, Ohio – Big Lots Inc. is expanding its food selections in all of its 1,491 stores across the country. The department will feature more brand name products, improved product arrangement and well-designed signage to make shopping easier.

  • Belk announces executive promotions

    Charlotte, N.C. -- Southern department store chain Belk has promoted Jan Clevenger from chair of the company’s Western Division in Birmingham, Alabama, to the position of executive VP and general merchandise manager over Men’s, Home and Kids.

    David Luoma has been promoted to succeed Clevenger in the Western Division chair position.

  • Study: Nine-in-10 retailers use online marketplaces

    Research Triangle Park, N.C. – Nine-in-10 retailers report selling on online marketplaces, and 64% use digital marketing. Results of a survey of more than 200 U.S. and U.K. online retailers from e-commerce provider Channel Advisor also indicated the following:

  • Brandlive lands New Balance as latest client

    Real-time broadcasting and commerce company Brandlive announced that it would be partnering with New Balance for a four-day campaign to debut additions to the shoe company’s 880 line.

    Through Aug. 14, Brandlive will introduce retailers and New Balance to the sneakers, and New Balance will use the platform to train field representatives and brief them on the new line of shoes.

  • Build-A-Bear Workshop names Stride Rite exec as chief product officer

    St. Louis - Build-A-Bear Workshop Inc. has appointed Jennifer Kretchmar as chief product officer. Kretchmar will lead the company's merchandising and product development teams and will report to Sharon John, CEO of Build-A-Bear Workshop.

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