REAL ESTATE

Bank & Olufsen unveils new store design

BY Marianne Wilson

New York — Bang & Olufsen unveiled its first newly redesigned store concept in North America, at the new Madison Avenue location in New York City. The 1,400-sq.-ft. store is designed to evoke a true sensory experience and demonstrate Bang & Olufsen’s commitment to providing extraordinary consumer experiences.

Other locations in New York City will adopt the new design, as well as a handful of additional locations across the United States next fiscal year.

A team of retail, brand and creative designers from Bang & Olufsen- is behind the store concept.

"The new store concept features a luxurious and welcoming atmosphere, and the interior has been designed to captivate curiosity as you move through the store," states Kathy Thornton-Bias, president of Bang & Olufsen America, Inc. "This store concept will provide the perfect platform to interact and engage in the Bang & Olufsen universe of magical experiences."

At the heart of the new retail concept is a dedicated speaker wall that showcases all of Bang & Olufsen’s best-selling speakers. Customers can listen to any kind of music, and have their own playlist streamed from their smartphone. In a more private area, customers can immerse themselves in some of Bang & Olufsen’s top-of-the-line viewing and listening combinations, viewing films on the latest flat-screen technology with surround sound.

The scalable retail concept has been designed for spaces from 540 ft. up to 2,200 sq. ft. and above, and will be implemented in select Bang & Olufsen locations in major cities around the world.

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OPERATIONS

Tractor Supply names VP store operations

BY Staff Writer

Brentwood, Tenn. — Tractor Supply Company announced that Lee Downing has been promoted to executive VP store operations, effective April 14. In conjunction with his promotion, he will assume added leadership responsibilities for the company’s real estate team.

In addition to leading the store operations and store support administration teams, Downing will be responsible for the strategic new store site selection, facilitation of store openings and ongoing maintenance, in addition to other real estate functions.

Downing joined Tractor Supply Company in October 2010 as senior VP store operations.

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OPERATIONS

Kroger names VP, human resources and labor relations

BY Dan Berthiaume

Cincinnati — The Kroger Co. announced that Timothy Massa will be promoted to group VP human resources and labor relations.

Massa, 47, currently serves as VP of corporate human resources, talent development. In this expanded role, he will take responsibility for labor relations when Paul Heldman, executive VP, secretary and general counsel, retires in May.

"Tim is a trusted human resources professional and valued partner," said Mike Ellis, Kroger’s president and chief operating officer. "In just four years at Kroger, leaders and associates throughout the company know they can count on him for strategic direction and advice. He leads by example, bringing life to the Kroger Leadership Model through his passion for people and results every day. We are pleased to welcome Tim to our leadership team."

Massa joined Kroger in 2010 in his current role as vice president. Prior to joining the company, he served in various human resources leadership roles for 21 years at Procter & Gamble.

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