{"id":10870,"date":"2018-08-20T09:23:08","date_gmt":"2018-08-20T13:23:08","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=10870"},"modified":"2018-08-20T09:23:08","modified_gmt":"2018-08-20T13:23:08","slug":"datatrac-discount-specialty-stores-august-2018","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2018\/08\/datatrac-discount-specialty-stores-august-2018\/","title":{"rendered":"DATATRAC: Discount and Specialty Stores \u2013 August 2018"},"content":{"rendered":"

Personnel Updates<\/strong><\/h4>\n

\u2022 Best Buy Co. Inc. (57)<\/strong> announced Shari Ballard, Senior Exec VP and President of Multichannel Retail is leaving the company after 25 years.<\/p>\n

\u2022 The Container Store Inc. (28)<\/strong> announced it has named John Gehre its Exec VP of Merchandising and Planning.<\/p>\n

\u2022 Godiva Chocolatier Inc. (31)<\/strong> has appointed Virginie Costa as its new CFO.<\/p>\n

\u2022 Target Corporation (457)<\/strong> has appointed Gemma Kubat as Senior VP, Supply Chain Engineering and Activation. The retailer also announced that John Bauer will join the company as Senior VP, Global Inventory Management.<\/p>\n

 <\/p>\n

Financial Focus<\/strong><\/h4>\n

\u2022 Brookstone Inc.<\/strong> announced it has filed for Chapter 11 bankruptcy protection. The company has begun closing its remaining 101 mall stores. It will continue to operate its 35 airport stores, e-commerce and wholesale businesses as it looks to find a seller for the units.<\/p>\n

\u2022 Gump\u2019s<\/strong> has filed for Chapter 11 bankruptcy protection.<\/p>\n

 <\/p>\n

Mergers and Acquisitions<\/strong><\/h4>\n

\u2022 Best Buy Co. Inc.<\/strong> announced it will acquire connected health services provider GreatCall Inc. The transaction is expected to close by the end of Best Buy\u2019s fiscal 2019 third quarter.<\/p>\n

 <\/p>\n

Industry Insight<\/strong><\/h4>\n

\u2022 Century 21 Department Stores Inc.<\/strong> has unveiled a new small-store format, called Century 21 Edition, at Staten Island Mall, in Staten Island, NY. It recently opened a second location, at Roosevelt Field Mall in Garden City, NY. Approximately 5,000 sq. ft. each, the stores feature a curated selection of merchandise.<\/p>\n

 <\/p>\n

Real Estate<\/strong><\/h4>\n

\u2022 Dollar Tree Stores Inc.<\/strong> recently celebrated its 15,000th store opening. The retailer also recently opened its 23rd distribution center.<\/p>\n

\u2022 Five Below Inc.<\/strong> has announced plans to open its first store in New York. The flagship is slated to open this November. \u00a0The retailer also has announced plans to roll out 125 new locations throughout 2018.<\/p>\n

Walmart Stores Inc<\/strong>. announced the opening of its new distribution center in Mobile, AL.<\/p>\n

 <\/p>\n

Green Initiatives<\/strong><\/h4>\n

\u2022 Meijer Inc.<\/strong> announced it will upgrade all of its stores\u2019 interior lighting to LED by 2021.<\/p>\n

 <\/p>\n

Just because we don\u2019t mention it here doesn\u2019t mean it didn\u2019t happen \u2013 or we didn\u2019t capture it. In the past four weeks, we\u2019ve updated more than 131 companies in the Discount, Dollar, & Specialty Stores PLUS Database, with many of those companies\u2019 records updated at multiple points.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Personnel Updates \u2022 Best Buy Co. Inc. (57) announced Shari Ballard, Senior Exec VP and President of Multichannel Retail is leaving the company after 25 years. \u2022 The Container Store Inc. (28) announced it has named John Gehre its Exec VP of Merchandising and Planning. \u2022 Godiva Chocolatier Inc. (31) has appointed Virginie Costa as… Continue reading DATATRAC: Discount and Specialty Stores \u2013 August 2018<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[11],"class_list":["post-10870","post","type-post","status-publish","format-standard","hentry","category-discount-specialty","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/10870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=10870"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/10870\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=10870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=10870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=10870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}