Personnel Updates
• 99 Cents Only Stores (78) announced it has appointed Ashok Walia as CFO. He will succeed Felicia Thornton, who will continue in her position as Vice Chairman.
• Big Lots Stores Inc. (102) has named Bruce K. Thorn as the company’s new President and CEO.
• Five Below Inc. (73) announced that Rob Feuerman has joined the company in the newly created position of CEO.
• It’Sugar (30) announced it has named Mark Davis as CFO and COO.
• Lindt Chocolatier (27) announced Andreas Pfluger, CEO, will retire at the end of the year.
• Walmart Stores Inc. (246) announced its Exec VP of Consumables and Health and Wellness, Marybeth Hays, will leave the company in January 2019. Following her exit, Senior VP Latriece Watkins, will take responsibility for the consumables business.
Real Estate
• Amazon.com Inc. announced it has opened another Amazon Go location, its third in Seattle, WA. The company recently confirmed plans to open an Amazon Go store in New York City.
• Five Below Inc. recently opened its 700th store, and is on track to open 125 new stores this year.
• Sam’s Club announced it plans to transition a location it closed earlier this year in Matteson, IL, into an e-commerce fulfillment center.
Just because we don’t mention it here doesn’t mean it didn’t happen – or we didn’t capture it. In the past four weeks, we’ve updated more than 209 companies in the Discount, Dollar, & Specialty Stores PLUS Database, with many of those companies’ records updated at multiple points.