Home Depot names new board member
Albert Carey, former president and CEO of PepsiCo’s Frito-Lay North America division, has been named to the Home Depot board of directors.
The appointment brings the number of directors at Home Depot to 15.
Carey, 56, will serve as a member of the retailer’s audit and infrastructure committees.
IKEA store set for Charlotte, N.C.
Swedish home goods retailer IKEA has announced plans for its first location in the Charlotte, N.C., area.
The store is slated to open in spring 2009, and will be the 36th IKEA store in the United States.
“Construction crews have begun preliminary site work such as clearing and grading, and we look forward to breaking ground officially in several months,” said Michael Maier, IKEA real estate manager, in a statement.
The 356,000-square-foot store will include 50 model room settings, three complete model home interiors and a 300-seat restaurant.
Further upcoming IKEA stores in the United States are planned for Brooklyn, N.Y.; Somerville, Mass.; Tampa, Fla.; and West Chester, Ohio.
Sears Canada acquires duct cleaning business
Toronto-based Sears Canada has announced the purchase of Excell Duct Cleaning, a privately held network of air duct cleaning licensees for Sears in 24 regions of Canada.
Excell provides duct cleaning services, HVAC service and repair and the sale of some clean air products under the “Sears Indoor Clean Air Services” name, according to the retailer.
Terms of the deal were not disclosed. Current employees of Excell will remain and continue to work out of their Burlington, Ontario, office, the company said.
“Having Excell under the Sears Home Services umbrella will position Sears to expand the products and services offered through the licensee network, including those relating to heating, ventilation and air conditioning,” explained Ajit Khanna, senior vp-home services, travel and contact centers for Sears Canada.
“Our aim is to become more important in the management of our customers’ homes, and today’s announcement is an important step in accomplishing this,” Khanna added.