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Data & Analytics

  • PetSmart shakes up board amid leadership transition

    PHOENIX — PetSmart's board of directors has named Gregory P. Josefowicz its non-executive chairman. Josefowicz has served as a director since 2004 and as lead director since 2006.

    Chairman and CEO Bob Moran will not stand for election as a director at the company’s 2013 annual stockholder meeting. As previously announced, David Lenhardt, current president and COO, will become the CEO of PetSmart at that time.

  • CBRE pours Seattle’s Best Coffee into North Texas

    Dallas -- Seattle’s Best Coffee is opening new operations in North Texas, according to CBRE. So far, 10 stores have opened throughout the Dallas-Fort Worth metro area with more scheduled to open later this year.

    CBRE Retail Brokerage provided market evaluation, mapping and demographic analysis, site selection and lease negotiation. CBRE Project Management provided construction services.

    The 10 new stores are located throughout Burleson, Dallas, Fort Worth, Lancaster, McKinney and Rockwall.

     

  • Sam's Club launches boot camp for small businesses

    BENTONVILLE, Ark. — Sam's Club CEO Rosalind Brewer announced the launch of a collaborative program supporting small business owners and entrepreneurs in 25 cities. The Grow Your Business Boot Camp series offers hands-on training seminars backed by a funding commitment of $500,000 from Sam's Club.

  • Rite Aid forecasts Q1 profit; in debt refinancing move

    Camp Hill, Pa. -- Rite Aid projected that it would turn a profit in the first quarter of fiscal year 2014, results of which it will announce next week. The company has also moved to refinance its debt, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also

    The retail pharmacy chain said it would buy $500 million worth of 7.5% Senior Secured Notes, due 2017, using the proceeds from a $500 million second lien term loan.

    The offer will expire on July 5 unless it's extended, the company said.

  • Retailers remain cautious on merchandise imports

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 1.1% in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.



  • Dollar Tree names Philbin president

    Chesapeake, Va. – Dollar Tree has promoted former COO Gary Philbin to the new position of president and COO. Philbin, who has served as COO of Dollar Tree since 2007, spent 30 years in various merchandising and operations executive positions in the grocery vertical before joining Dollar Tree as SVP of Stores in 2001.

  • B&G Foods acquires Pirate Booty and associated brands

    PARSIPPANY, N.J. — B&G Foods has acquired Robert’s American Gourmet Food, doing business as Pirate Brands — an all-natural snack foods category — from VMG Partners, Driven Capital Management, founder Robert Ehrlich and other entities and individuals.

    B&G will pay approximately $195 million in cash.

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