{"id":17325,"date":"2024-03-22T13:36:34","date_gmt":"2024-03-22T17:36:34","guid":{"rendered":"https:\/\/chainstoreguide.com\/offthechain\/?p=17325"},"modified":"2024-03-22T13:36:34","modified_gmt":"2024-03-22T17:36:34","slug":"in-other-business-news-144","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2024\/03\/in-other-business-news-144\/","title":{"rendered":"In Other Business News"},"content":{"rendered":"<p><strong>Supermarket, Grocery, &amp; C-Store<\/strong><\/p>\n<p><a href=\"https:\/\/www.chainstoreguide.com\/t-CSG_Sales_Leads.aspx?utm_source=newsroom&amp;utm_medium=referral&amp;utm_campaign=inside_ad&amp;utm_content=Offthechain_Core_ad2\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignright size-medium\" src=\"https:\/\/www.chainstoreguide.com\/email\/morewaystoconnect2021_300x300.png\" alt=\"Free Trial\" width=\"300\" \/><\/a><strong>\u2022\u00a0Baldor Specialty Foods Inc<\/strong>. has hired Satyan Parameswaran as Chief Digital and Innovation Officer.<\/p>\n<p><strong>\u2022\u00a0Cencora, Inc<\/strong>. announced that Steven Collis will retire as President and CEO effective October 1. Robert Mauch, current COO, will succeed him as President and CEO.<\/p>\n<p><strong>\u2022\u00a0PCC Community Markets<\/strong> has named David Spear as VP of Merchandising, Promotions and Sourcing.<\/p>\n<p><strong>\u2022\u00a0SpartanNash Company<\/strong> announced the promotion of Nicole Zube to Exec VP, Chief Human Resources Officer.<\/p>\n<p><strong>\u2022\u00a0Weis Markets Inc<\/strong>. has promoted Jack O\u2019Hara to Senior VP of Legal Affairs and Real Estate.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Retail<\/strong><\/p>\n<p><strong>\u2022\u00a0David Yurman<\/strong> has named Chris Clipper as its new CFO. Robert Lepere has joined the company as Chief People Officer.<\/p>\n<p><strong>\u2022\u00a0Foot Locker Inc<\/strong>. has appointed Cindy Carlisle as its new Exec VP, Chief Human Resources Officer.<\/p>\n<p><strong>\u2022\u00a0Fossil Group, Inc<\/strong>. announced that Kosta N. Kartsotis is stepping down as CEO effective immediately. The company has appointed Jeffrey N. Boyer, Exec VP and COO, as Interim CEO. Kevin Mansell has been appointed as Chairman.<\/p>\n<p><strong id=\"link_guitar\">\u2022\u00a0Guitar Center Inc<\/strong>. has appointed Kristin Shane as its new Chief Merchandising and Marketing Officer.<\/p>\n<p><strong>\u2022\u00a0The Home Depot Inc<\/strong>. is opening four new distribution centers in Detroit, MI; Los Angeles, CA; San Antonio, TX; and Toronto, ON, during the first half of 2024.<\/p>\n<p><strong>\u2022\u00a0Jo-Ann Stores Inc<\/strong>. has filed for Chapter 11 bankruptcy protection and will become a private company.<\/p>\n<p><strong>\u2022\u00a0Mac Cosmetics<\/strong> is launching a new partnership with DoorDash.<\/p>\n<p><strong>\u2022\u00a0Outdoor Voices<\/strong> has closed all of its store locations.<\/p>\n<p><strong>\u2022\u00a0Signet Jewelers Limited<\/strong> announced it plans to open 20 to 30 new stores, and remodel 300 locations during its current fiscal year.<\/p>\n<p><strong>\u2022\u00a0Ulta Salon, Cosmetics &amp; Fragrance, Inc<\/strong>. will open 65 new stores and remodel 45 stores in 2024. The retailer plans to open stores in Mexico in 2025.<\/p>\n<p><strong>\u2022\u00a0Under Armour Inc<\/strong>. reported that Stephanie Linnartz is stepping down as CEO and President. Kevin Plank will return to his roles as President and CEO, effective April 1, 2024.<\/p>\n<p><strong>\u2022\u00a0Walgreens Boots Alliance, Inc<\/strong>. will now close two of its distribution centers in Orlando, FL, and another in Dayville, CT.<\/p>\n<p><strong>\u2022\u00a0Wayfair Inc<\/strong>. will open its first store location in spring 2024, in Wilmette, IL.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Restaurant<\/strong><\/p>\n<p><strong>\u2022\u00a0Chick-fil-A<\/strong> is testing new pizza items. The company will be testing five pizzas and one calzone that will feature a combination of classic Chick-fil-A items. If the test is successful, the pizza could make its way to national menus like macaroni and cheese did a few years ago.<\/p>\n<p><strong>\u2022\u00a0Chipotle\u2019s <\/strong>board of directors has proposed a 50-to-1 stock split and would be the company\u2019s first ever stock split. If approved the move would make company shares more accessible for investors.<\/p>\n<p><strong id=\"link_mcdonalds\">\u2022\u00a0McDonald\u2019s<\/strong> CEO Chris Kempczinski has been named Executive Chairman and will be the first person in 20 years to hold both positions at the company.<\/p>\n<p><strong>\u2022\u00a0Qdoba<\/strong> has named Jeremy Vitaro as Chief Development Officer.<\/p>\n<p><strong>\u2022\u00a0Shake Shack<\/strong> has named Rob Lynch as CEO effective May 20. Lynch is currently the CEO of <strong>Papa Johns<\/strong> and he will remain in the role until the end of April. Papa Johns CFO, Ravi Thanawala, will take over interim duties.<\/p>\n<p><strong>\u2022\u00a0Smashburger<\/strong> has appointed Denise Nelsen as CEO.<\/p>\n<p><strong>\u2022\u00a0Starbucks<\/strong> is bringing an end to Starbucks Odyssey, the companies metaverse program, at the end of the month. Only a few years ago the metaverse seemed to factor heavily into the future of restaurants, yet now companies are looking elsewhere.<\/p>\n<p><strong>\u2022\u00a0Subway<\/strong> is preparing to launch 4 sauces for sale in grocery stores. The company is also eliminating their Coke products and switching to a partnership with PepsiCo.<\/p>\n<p><strong>\u2022\u00a0Taco John\u2019s<\/strong> has named Heather Neary as CEO. She is taking over for Jim Creel who is retiring.<\/p>\n<p><strong>\u2022\u00a0Wendy\u2019s <\/strong>is testing drone delivery in a Virginia location.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supermarket, Grocery, &amp; C-Store \u2022\u00a0Baldor Specialty Foods Inc. has hired Satyan Parameswaran as Chief Digital and Innovation Officer. \u2022\u00a0Cencora, Inc. announced that Steven Collis will retire as President and CEO effective October 1. Robert Mauch, current COO, will succeed him as President and CEO. \u2022\u00a0PCC Community Markets has named David Spear as VP of Merchandising,&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2024\/03\/in-other-business-news-144\/\">Continue reading <span class=\"screen-reader-text\">In Other Business News<\/span><\/a><\/p>\n","protected":false},"author":13,"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":[36],"tags":[11],"class_list":["post-17325","post","type-post","status-publish","format-standard","hentry","category-retail","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/17325","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=17325"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/17325\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=17325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=17325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=17325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}