Gap Inc.: The apparel conglomerate’s leadership is transitioning at a vulnerable point. Gap Inc. president and CEO Sonia Syngal will step down from her position and from the board. An 18-year employee of the conglomerate, Syngal served as CEO for two years. Executive chairman Bob Martin will serve as president and CEO on an interim basis. The new CEO will have to turn the company around. Gap Inc. expects net sales in the 2022 fiscal second quarter to decline by high-single digits and the adjusted operating margin percentage to be zero to slightly negative. Meanwhile, the company selected Haio Barbeito as president and CEO of Old Navy starting in August. Barbeito most recently served as president and CEO of Walmart Canada after working for the retailer for 26 years.

Hermes: The French luxury brand will open a two-level, 5,400-square-foot pop-up in Williamsburg, Brooklyn, in the first quarter of 2023 and an 8,500-square-foot flagship in the same area in 2026.

Kohl’s: The Midwest department store chain will open shop in downtown Milwaukee’s former Boston Store building. The original store closed two years ago.

Mega Mart: The Seoul-based Korean supermarket chain will open its third U.S. store this September, in a 27,000-square-foot former Sprouts Farmers Market at Mowry Plaza in Fremont, California. The company’s first U.S. store opened in 2009 in Duluth, Georgia. The Mega Mart brand, which has 15 stores and a mall in Korea, is owned by food-and-drink wholesaler Nongshim.

Starbucks: As part of a plan to “radically improve employee experiences,” the coffee chain will shutter 16 stores where staff felt unsafe at work due to “a high volume of challenging incidents,” such as drug use, theft and violence. The employees will be reassigned to nearby stores. The stores marked for closure, by the end of this month, are in Seattle; Los Angeles; Philadelphia; Washington, D.C.; and Portland, Oregon.

VinFast: The Vietnamese electric vehicle automaker opened six stores in California, moving toward a goal of 30 across the state to introduce its vehicles to U.S. consumers. The stores are in shopping centers and malls: Fourth Street Shops in Berkeley, Outlets in Commerce, The Village at Corte Madera, Hillsdale Shopping Center in San Mateo, Westfield UTC in San Diego and Santa Monica Place.