OPERATIONS

Dollar General to open 10,000th store

BY Staff Writer

Goodlettsville, Tenn. — Dollar General Corp. announced the opening of its 10,000 store, giving the retailer a coast-to-coast presence for the first time in its history. The location is in Merced, Calif., and is due to officially open on Saturday. It will be Dollar General’s fifth store to open in California.

“Opening the doors of our 10,000th store is a meaningful day for all of us at Dollar General, and we are excited to celebrate the occasion in California,” said Rick Dreiling, Dollar General’s chairman and CEO.

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OPERATIONS

Hobby Lobby name first female president in its history

BY Staff Writer

Brentwood, Tenn. — Hobby Lobby International has named its first female president, hobby industry veteran, Debra Love.

Love has been at Hobby Lobby since 2009 when she joined as VP IT and communications, and most recently served as executive VP.

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OPERATIONS

Stage Stores CEO resigns

BY Katherine Boccaccio

Houston — Stage Stores said Thursday that its president and CEO Andy Hall has resigned to pursue other interests, and will be replaced in the interim by Michael Glazer, a member of the company’s board since 2001.

Glazer is currently the president and CEO at Mattress Giant Corp., based in Addison, Texas. He previously served as managing director of Team Neu, a private equity firm, and he was also president and CEO of KB Toys Inc.

Stage Stores said it has already begun the search for a permanent CEO and the candidates will include Glazer.

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