REAL ESTATE

Ridemakerz to open in-store shop at FAO Schwarz

BY Staff Writer

Falls Church, Va. — Ridemakerz, the build-a-car retailer, will open a 1,300-sq.-ft. in-store shop at FAO Schwarz Fifth Avenue, on Nov. 11. A highlight of the space will be the Ridemakerz “build table” where customers can assemble their cars, attaching the body of the car to the chassis and adding custom rims and tires.

The FAO Schwarz flagship store in New York City is the fifth Ridemakerz shop, joining the other stores in Downtown Disney in Anaheim, Calif.; Downtown Disney in Lake Buena Vista, Fla.; Branson Landing in Branson, Mo.; and Broadway at the Beach in Myrtle Beach, S.C., which opened first in 2007.

Resembling the look and feel of an authentic racecar garage, the Ridemakerz shop offers a unique experience for kids or "customizers" ages four to 104 to build their own car. Starting with a 1:18-scale body style (about the size of a football), customizers can choose from cool authentic cars like Corvette, Viper and Mustang, to entertainment or character favorites such as Lightning McQueen, Iron Man and Spider Man. Customizable options include rims and tires, lights and sounds, accessories and decals, as well as the option to convert their creation into a fully functional radio controlled car!

Shoppers can engage in the “Pit Crew Challenge” where their “build” times can be compared against friends and family for ultimate bragging rights and instills a sense of community.

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OPERATIONS

Tractor Supply announces planned board chairman succession

BY Staff Writer

Brentwood, Tenn. — Tractor Supply Company announced that its board of directors has elected Cynthia T. Jamison, 54, to succeed James F. Wright as chairman of the board upon the conclusion of Wright’s term at the end of the year.

Jamison will become chairman effective January 1, 2014. Wright will resign his position as a board member effective December 31, 2013, consistent with his plan to serve as executive chairman of the board with a term of one year, as previously announced in September 2012.

Greg Sandfort, the company’s president and CEO, stated: “Cindie has been our lead director since 2010, and has served on the company’s board since 2002. Her tenure on Tractor Supply’s Board, broad financial and business background and other board directorships make her a strong fit to lead our board. We are confident the Chairman transition will be smooth, enabling our continued focus on the strategic initiatives to grow and improve our business."

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OPERATIONS

Wolverine Worldwide appoints Toys ‘R’ Us exec as president of Stride Rite

BY Marianne Wilson

Rockford, Mich. — Wolverine Worldwide announced the appointment of Ira P. Hernowitz as president of the Stride Rite Children’s Group. He most recently served as executive VP of "R" Us Brands for Toys R Us, Inc.

Hernowitz has served in a variety of leadership roles during his career, and his strong background in children’s products, coupled with his retail expertise.

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