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Green Thumb Industries to Open Rise Kendall, Its 50th Retail Location, on November 18
( streetinsider.com - 11/11/2020)
“We are thrilled to open our 50th store in the nation as a green wave continues across the country with five more states voting to legalize medical or adult-use cannabis during the recent election,” said Green Thumb Founder and Chief Executive Officer Ben Kovler. (full story)
Justice sold at auction for $90 million
( chainstoreage.com - 11/11/2020)
The existing Justice stores will remain open through the holiday season, with the wind-down of all locations expected by early 2021, the company said in a release. (full story)
Herman Miller unveils new store concept
( chainstoreage.com - 11/10/2020)
The design-driven office and home furniture company debuted the Herman Miller Stores concept at Westfield Century City in Los Angeles. A second location is set to open on Nov. 20, at The Shops at Hudson Yards in New York City. Additional locations are planned to open across the country in 2021. (full story)
Ulta to open 100 Target shop-in-shops
( retaildive.com - 11/10/2020)
Ulta Beauty is coming to Target...the beauty giant set to open shop-in-shops at more than 100 Target stores starting in the second half of 2021... (full story)
Rite Aid unveils new branding; testing ‘store of the future’ design
( chainstoreage.com - 11/9/2020)
Rite Aid has debuted in “stores of the future” format in Etters, Pa., and Littleton, N.H., and Moscow, Pa., with additional locations rolling out in select markets in the coming months. (full story)
Gym carnage rolls on with YouFit chain filing for bankruptcy
( detroitnews.com - 11/9/2020)
The Chapter 11 filing in Delaware allows YouFit to continue operating while it works out a plan to repay creditors, which could include seeking a buyer. YouFit’s petition listed liabilities totaling as much as $500 million and assets of no more than $100 million. (full story)
EG Group to Acquire Schrader Oil
( cspdailynews.com - 11/9/2020)
EG Group has entered into a binding agreement for the acquisition of Schrader Oil in the United States. Schrader Oil, Fort Collins, Colo., currently operates 18 convenience stores and gas stations in northern Colorado. (full story)
Casey’s to Acquire Buchanan Energy, 94 Bucky’s C-Stores
( cspdailynews.com - 11/9/2020)
Casey’s General Stores Inc. has agreed to acquire Buchanan Energy, owner of Bucky’s Convenience Stores, in an all-cash transaction for $580 million, including tax benefits valued at $80 million for a net after-tax purchase price of $500 million. (full story)
Playa Bowls Celebrates Opening of 100th Store
( retailrestaurantfb.com - 11/6/2020)
Before the close of 2020, Playa Bowls will open five new locations - Reston, Va.; Sparta, N.J.; Temple University, Pa.; Warrington, Pa.; and Littleton, Colo. (the brand’s first store out West). In 2021, Playa Bowls plans to expand to cities including San Antonio, Texas; New Orleans; Chicago; Columbus, Ohio; Scottsdale, Ariz.; and Coral Springs, Fla. (full story)
Donatos Pizza Opens Second Sarasota Store
( qsrmagazine.com - 11/6/2020)
Donatos Pizza announced the opening of Donatos Pizza Clark Road on Thursday, November 5. Legazza, LLC, led by Tyler Williams and Joe Maxstead, is eager to bring Donatos premium pizza, salads, subs and wings to more of the Sarasota community with what is the second of three locations they are scheduled to open in the area in 2020. (full story)
Franchise Group to acquire FFO Home
( furnituretoday.com - 11/6/2020)
The transaction is expected to close by the end of 2020, at which time Franchise Group plans to merge and rebrand the FFO stores with its American Freight business. (full story)
goPuff to Acquire Beverage Retailer BevMo
( cspdailynews.com - 11/5/2020)
App-powered delivery company goPuff has entered into a definitive agreement to acquire alcohol beverage retailer BevMo for $350 million. (full story)
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