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Five Below Appoints New COO to Help it Pursue Triple Double Growth Plan

Retail TouchPoints

Five Below has promoted CFO and Treasurer Kenneth Bull to the role of Chief Operating Officer, where he will focus on achieving the company’s Triple Double growth goals by optimizing its talent, systems and processes. Bull has been with Five Below for 17 years and has held the CFO and Treasurer positions since 2012.

Planning 278
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2 Top Target Chiefs Announce Retirement Plans

Retail TouchPoints

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025.

Planning 147
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Dollar General promotes 18 executives

Mass Relators

Dollar General has promoted 18 executives to new roles at the company. Leslie Allen Leslie Allen has been promoted to senior vice president, human resources. Christine Connolly Christine Connolly has been promoted to senior vice president, corporate secretary and assistant general counsel, securities and governance.

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Publix announces VP retirements, promotion

Mass Relators

.— Publix Super Markets on Monday announced that two members of its executive team are retiring, and another has been promoted. He was promoted to director in 1997 and to vice president and controller in 2002. In 2012, he was named vice president of finance.

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Starbucks to Double Indian Workforce as it Aims for 1,000 Stores in the Country by 2028

Retail TouchPoints

As part of its Triple Shot Reinvention Strategy — one of the key objectives of which is to become “truly global” — Starbucks plans to more than double its current India store count to 1,000 brick-and-mortar locations by 2028. To meet this goal, the company will open one new Starbucks in the country every three days. later this year.

Location 260
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Dollar General recasts management via promotions, hirings

Mass Relators

Matthew Simonsen has been promoted to senior vice president of real estate and development. Simonsen joined Dollar General in 2013, and has held roles in store operations, procurement, pricing, business analytics and merchandising planning. Jackie Li has been promoted to senior vice president of private brands and global sourcing.

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Vachris is promoted to president and COO of Costco

Mass Relators

Vachris’ promotion is seen as possibly indicating a succession plan for Costco. Jelinek succeeded Sinegal as CEO in 2012. The post Vachris is promoted to president and COO of Costco appeared first on MMR: Mass Market Retailers.