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Rent-A-Center to Acquire Merchants Preferred

Plano, Texas-based retailer Rent-A-Center has announced plans to acquire fellow lease-purchasing franchise Merchants Preferred. Rent-A-Center will purchase the Atlanta-based company for $47.5 million in a deal expected to close during the third quarter of 2019, the Dallas Business Journal reports. The acquisition will not only bolster Rent-A-Center’s expansion into the virtual rent-to-own market, but it will also grow the company’s Acceptance Now platform with 2,500 additional locations. The Acceptance Now concept facilitates partnerships with retailers and allows customers to establish delivery.

The post Rent-A-Center to Acquire Merchants Preferred appeared first on design:retail.

JHW Store Opens in China

Menswear retailer JHW has introduced a new location within a modest storefront in Zhengzhou, China. Designed by Atelier Tao+C, the store is outfitted with a monochrome aesthetic composed of gray plaster, concrete and shiny steel. The two-story interior also employs Shanghai plaster, which comprises a finely ground mixture of granite stone and cement, in an effort to express the ethics of the brand and its domestically sourced apparel, Dezeen reports.

Perforated steel sheers are installed in a series along the perimeter of the interior to form a lightweight inner shell. Steel also adorns display plinths and thin rails from which fashion is showcased.

The post JHW Store Opens in China appeared first on design:retail.

Maison of Hand to Debut in Los Angeles

Furniture and lifestyle brand Maison of Hand is set to introduce a new retail space in the La Brea design corridor of Los Angeles later this summer. The forthcoming outpost will showcase more than 600 North African-inspired designs across two levels and 1,200 sq. ft. Original exposed brickwork will serve as the backdrop for the designs on display, while a mezzanine staircase will organically link both sundrenched floors of the store.

The post Maison of Hand to Debut in Los Angeles appeared first on design:retail.

Arper Announces New CEO

Treviso, Italy-based furniture manufacturer Arper has announced the appointment of Arimin Broger as its new CEO. Broger previously held similar leadership positions with B&B Italia as well as brands such as Espirit, Levi Strauss, Diesel and The Walt Disney Company.

“I am enthusiastic to welcome Armin to the team. His international experience and strong leadership skills will undoubtedly make him capable to help Arper reach its ambitious goals,” says Claudio Feltrin, Arper’s president and owner.

The post Arper Announces New CEO appeared first on design:retail.

Target Welcomes Former Facebook Leader

Minneapolis-based retailer Target has named Hari Govind as the new senior vice president of infrastructure and operations. Joining Target from Facebook, where he served as group manager for the infrastructure team, Govind will oversee cloud-and-compute capabilities, network connectivity and operations for Target’s technology. A graduate of Purdue University and University of Musore, India, Govind will report to Mike McNamara, who serves as executive vice president and chief information officer.

“Technology is more critical than ever in retail, and Target’s team has made tremendous progress building great technology for our guests and store team members,” says McNamara. “Bringing in an executive with Hari’s technical and leadership abilities marks another important step in our journey to create exceptional shopping experiences that redefine what technology can do in retail. I’m confident that Hari’s leadership will help us make shopping at Target even easier and more convenient for our guests.”

“Target has scaled its technology infrastructure and operations to deliver a leading retail omni-channel experience for its guests. With substantial investments in technology, stores, supply chain, and its team, including its commitment to a diverse workforce, Target is uniquely positioned for the next frontier in retail,” Govind adds. “With more than 1,850 stores, 3,000 engineers and 350,000 team members at Target worldwide, I am excited to join an incredibly passionate team with a culture that is laser focused on creating joyful guest experiences.”

The post Target Welcomes Former Facebook Leader appeared first on design:retail.

Core States Group Appoints Director of Account Management

Philadelphia-based contracting, architecture, interior design and engineering firm Core States Group has promoted Andrew Lee to the role of director of account management for the firm’s key market sectors. Newly created for Core States, the account management team will manage standards and practices internally for each account. Lee first joined the firm in 2011 as a senior project designer.

The post Core States Group Appoints Director of Account Management appeared first on design:retail.

Victoria Beckham Chairman to Assume CEO Position

London-based fashion house Victoria Beckham has announced that chairman Ralph Toledano will also take the reins as CEO. Toledano will lead the business and oversee the search for a permanent successor for the role now following the exit of former CEO Paolo Riva after 10 months, WWD reports. Riva, who succeeded Zach Duane upon joining Victoria Beckham in September 2018, previously held leadership roles with Diane von Furstenberg Studio.

The post Victoria Beckham Chairman to Assume CEO Position appeared first on design:retail.

Bloomingdale’s to Launch The Lion King-Themed Pop-Up

New York-based department store Bloomingdale’s has announced that the upcoming Disney film The Lion King will serve as inspiration for its next Carousel shop. Debuting on July 18, The Carousel@Bloomingdale’s: Style Kingdom will arrive onsite at locations in Los Angeles, San Francisco and New York—including the company’s 59th Street Manhattan flagship, WWD reports.

German-Ugandan actress Florence Kasumba, who plays the hyena Shenzi in the film, helped curate the concept with an array of emerging and artisan brands for men and women that highlight the ingenuity of the African continent. Tenants on display will include knitwear brand Xhosa, bag designer AAKS and Nigerian menswear brand Adire.

The new Carousel shop will be open through September 2.

The post Bloomingdale’s to Launch The Lion King-Themed Pop-Up appeared first on design:retail.

Naturalizer Rebrands Store Experience

Women’s footwear brand Naturalizer has innovated the shopping experience focused on accommodating the modern woman. In partnership with retail design specialist JGA, the brand has introduced unique pop-ups aimed at showcasing revolving lineups of handcrafted accessories and beauty products from female artisans. The concept has debuted at two Naturalizer stores in New York and Chicago.

The post Naturalizer Rebrands Store Experience appeared first on design:retail.

Fred’s Announces Additional Closures

Memphis, Tenn.-based retailer Fred’s has revealed plans to close an additional 129 stores ahead of upcoming inventory clearance sales. Fred’s company will oversee a fleet of 80 retail stores and 166 pharmacies following the announced closures. CNBC reports all Fred’s pharmacies will remain open and continue to fill prescriptions.

Fred’s previously sold its pharmacy files to Walgreens in 2018 for nearly $165 million.

The post Fred’s Announces Additional Closures appeared first on design:retail.

Louis Vuitton Sees Green in New York

Parisian luxury brand Louis Vuitton has unveiled a new pop-up in New York’s Lower East Side. The new temporary space, which showcases the fall-winter 2019 menswear collection from Virgil Abloh, is drenched entirely in neon green that stretches from the storefront sidewalks to all interior elements including the furniture. Designboom reports that the all-encompassing green retail experience allows the items in Abloh’s new collection to stand out in the dramatic setting.

The new pop-up is open now through July 21.

The post Louis Vuitton Sees Green in New York appeared first on design:retail.

Former Payless CEO Joins JCPenney Board

Plano, Texas-based department store JCPenney has welcomed former Payless ShoeSource CEO W. Paul Jones to its board. WWD reports that Jones, who helmed the footwear retailer from 2012 to 2017, previously served as the president, chairman and CEO Of Shopko Stores as well. He has also held senior leadership positions and merchandising roles with Kohl’s and May Department Stores.

“Paul’s areas of expertise are highly complementary to the company’s focus on delivering an exceptional shopping experience to our customers,” says Ron Tysoe, chairman of JCPenney’s board of directors. “In addition to his impressive omnichannel experience, Paul brings a wealth of merchandise and marketing insight.”

The post Former Payless CEO Joins JCPenney Board appeared first on design:retail.

Boston Seaport Welcomes New Sephora Store

San Francisco-based cosmetics retailer Sephora has launched its latest location at the Boston Seaport. Part of the company’s ongoing brick-and-mortar expansion, the new store totals nearly 5,400 sq. ft. across the vibrant neighborhood. The new Sephora outpost rubs shoulders with neighbors like Warby Parker, Outdoor Voices and Shake Shack.

The Boston Seaport is also expected to attract foot traffic in coming months with the launch of public art corridor spread across four city blocks.

The post Boston Seaport Welcomes New Sephora Store appeared first on design:retail.

Charming Charlie to Shutter Entire Fleet

Houston-based lifestyle retailer Charming Charlie has announced that it has filed for bankruptcy for the second time in two years. The company now plans to close all 261 stores in its fleet. Liquidation is expected to take place through August 31, the Houston Chronicle reports. In recent filings, the company reported an outstanding debt of roughly $81.8 million.

During Charming Charlie’s previous Chapter 11 bankruptcy filing, which lasted from December 2017 to April 2018, the company closed nearly 100 stores.

The post Charming Charlie to Shutter Entire Fleet appeared first on design:retail.

Dickies Announces Leadership Changes

Fort Worth, Texas-based work and lifestyle brand Dickies has announced longtime CEO Philip Williamson will step down from his role after nearly four decades. A fourth generation member of the company’s founding family, Williamson is set to be replaced by Denny Bruce as global brand president. Williamson will move into a non-operating role as “brand ambassador” and will continue to manage the former privately held company known as Williamson-Dickie Mfg., the Dallas Morning News reports.

The post Dickies Announces Leadership Changes appeared first on design:retail.

idX Announces New Manufacturing Facility in China

St. Louis, Mo.-based consumer environments solutions provider idX Corp. has announced the launch of a new manufacturing facility in Wujiang City, Suzhou, China. The new 246,000-sq.-ft. facility will support the company’s growing presence in China and the Asia-Pacific market.

“This larger facility will allow us to expand both our metal and wood capabilities and increase our throughput,” said Jeff Ouyang, idX executive vice president, international operations.

The post idX Announces New Manufacturing Facility in China appeared first on design:retail.

The Vomela Cos. Adds Marketing Veteran

Saint Paul, Minn.-based visual communications provider The Vomela Cos. has announced the addition of Lou Raiola to the team. The social impact veteran will serve as the director of corporate social responsibility and cause marketing. With more than 30 years of expertise, Raiola last year founded The Purpose Alliance, which is dedicated to driving cultural change and inspiring corporate purpose. In 1986, he founded Force Multiple, where he served as CEO for more than 30 decades.

“In this newly created position, Lou will drive our efforts in the communities across the nation, where our employees live, work, and play,” says Mark Auth, Vomela president and CEO. “He will advance the social responsibility strategy he assisted us in creating over the past several months.”

Raiola received a bachelor of science degree in business administration from St. John’s University.

The post The Vomela Cos. Adds Marketing Veteran appeared first on design:retail.

Lululemon Adds New Address in Chicago

Vancouver, British Columbia -based activewear and lifestyle brand Lululemon has announced the launch of its largest retail space to date. The new store in Chicago’s Lincoln Park neighborhood totals 20,000 sq. ft. of retail as well as amenities, CNBC reports. The Chicago store is home to three different studios designated for meditation, yoga and high-intensity exercise, respectively.

The restaurant Fuel is housed across the second floor of the store alongside menswear, while women’s apparel spans the ground floor.

The post Lululemon Adds New Address in Chicago appeared first on design:retail.

Dixons Opens Café Concept

Cumbria, United Kingdom-based home goods retailer Dixons has expanded a unit in Workington, U.K., to add a new café, The Terrace. Located within the Dunmail Park Shopping center, the store was renovated by design agency je+1 to entice new customers with a modern dining space. Named for its position partly overlooking the commercial complex, the 5,500-sq.-ft. Terrace evokes an urban sensibility to ensure a more long-term appeal.

The post Dixons Opens Café Concept appeared first on design:retail.

Catherine Gee Makes Brick and Mortar Debut

Designer Catherine Gee has introduced her maiden store in the downtown Haley Corridor of Santa Barbara, Calif. According to WWD, the store is positioned off the main drag of State Street in a commercial cluster known as The Mill, where it rubs shoulders with neighbors like Third Window Brewery, Potek Winery and chocolatier Twenty-Four Blackbirds. The 600-sq.-ft. boutique showcases Gee apparel as well as select items from third-party brands.

The post Catherine Gee Makes Brick and Mortar Debut appeared first on design:retail.

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