August 8, 2005,
Federated Converting 330 Locations
Federated Department Stores, Inc. plans to add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its merger with The May Department Stores Company.
The current plan is to operate all May Company stores under their existing nameplates at least through the 2005 holiday shopping season, the company stated. Divestiture of duplicate May Company and Macy's locations will begin in 2006.
Sam's Club Chief Steps Down
Kevin Turner has resigned as executive vice president, president and CEO of Sam's Club to become chief operating officer of Microsoft Corporation.
Last week, the company appointed Douglas McMillon to succeed Turner. For the past three years, McMillon was executive vice president of merchandising and replenishment of Sam's Club. He joined the company full-time in 1991 and has served in various management capacities, including vice president and divisional merchandise manager from October 1997 to November 1998; vice president and general merchandise manager of Sam's Club from November 1998 to October 1999; and senior vice president and general merchandise manager from October 1999 to August 2002.
Family Dollar Makes Changes
David Alexander, Family Dollar's president and chief operating officer, resigned last week to pursue other opportunities, according to the company.
Late last month, Family Dollar announced that Robert George would join the company as executive vice president, chief merchandising officer. Feorge had been with Staples since 1986, most recently as senior vice president and general merchandise manager of office products.
In addition, Dorlisa Flur, senior vice president of strategy and business development, will assume executive management responsibility for real estate and facility management. Under the restructuring, all merchandising, supply chain and store operations heads will report to Howard Levine, chairman and CEO.
Nebraska Furniture Mart Expands
Nebraska Furniture Mart is expanding its Kansas City campus warehouse by 360,000 square feet.
The company breaks ground next month and expects to complete the job by fall 2006.
Gary Cissell, director of flooring, said the warehouse — which will grow to 622,000 square feet with the new addition — will accommodate storage for the site's adjacent 450,000-square-foot store.
Nebraska Furniture Mart, which sells furniture, flooring, appliances and electronics, also owns and operates two other sites — its headquarters and another store and warehouse facility in Des Moines.
“When we're done (with the construction), we'll have 1.2 million square feet in Kansas City,” Cissell said.
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