Friday, January 23, 2015

Accelerating News

Sherwin-Williams opened its 4,000th retail location, in Sewickley, PA...Dunkin' Brands Group Inc., parent company of Dunkin' Donuts and Baskin-Robbins, plans to add between 410 and 440 net new US Dunkin’ Donuts restaurants and five to 10 net new Baskin-Robbins US restaurants in 2015. Globally, the company expects to open between 615 and 750 net new units in the coming year. For full year 2014, Dunkin’ Brands expects to finish near the top end of its growth target of 380 to 410 net new restaurants. The company sees opportunity for 17,000-plus Dunkin' Donuts restaurants in the US and more than 30,000 restaurants for both brands globally...Burger chain Shake Shack Inc. filed a prospectus for an initial public offering that could raise as much as $100 million. The 63-unit better-burger operator it plans to list on the New York Stock Exchange under the ticker symbol “SHAK”...Discount Tire/America’s Tire opened its 900th store last month. Discount Tire opened 25 stores last year and now does business in 27 states...Hooters' 2015 growth plan includes 30 remodels, at least 5 new corporate restaurants, and upwards of 24 franchise openings internationally...Sprouts Farmers Market will open 10 new stores in the second quarter of 2015, including its first stores in Tennessee and Missouri. Sprouts currently operates more than 190 stores in 10 states...Natural Grocers by Vitamin Cottage will open its fourth Arizona store in Tucson this month. Natural Grocers has 91 stores in 15 states. It expects to open 18 stores in fiscal year 2015...Hockey equipment manufacturer Bauer Hockey will open its first-ever retail store this summer, in Burlington, Massachusetts. It will be followed by a second location in the fall, in the Minneapolis area. The Bauer stores will include an indoor ice rink where shoppers can try out equipment. Bauer plans to open 6 to 8 stores in the next several years in key US hockey markets...Auntie Anne's Pretzels plans 100 new domestic locations in 2015, incorporating the brand’s new store design. Auntie Anne’s has more than 1,600 units...Nordstrom plans to open a Nordstrom Rack at Destiny USA mall in Syracuse, New York in fall 2015 and one in Colorado Springs, Colorado in spring 2016...After focusing expansion efforts in Arizona, where all but 2 of the chain’s 31 restaurants are located, Native Grill and Wings plans 8 new restaurants in 2015 and plans to have as many as 100 locations nationwide by 2020...Washington Prime Group Inc., the strip center REIT, has completed its $4.3 billion acquisition of Glimcher Realty Trust. The company now goes by the name of WP GLIMCHER. This is the second big shift for Washington Prime, which spun off from Simon Property Group Inc. in 2014. The new, combined company owns and manages 119 shopping centers totaling more than 68-million s/f...Tokyo-based eyewear brand Jins, a pioneer of “smart” eyewear, will open a 4,900 s/f flagship in San Francisco, and launch a US e-commerce site this spring. Jins operates more than 300 stores in Japan and China.  The company specializes in fashion-forward prescription and nonprescription eyewear at affordable prices...Family Dollar shareholders agreed to be acquired by Dollar Tree in a deal that creates a combined company with more than 14,000 locations and estimated annual sales of $19 billion. The deal is expected to close in March.

No comments:

Post a Comment