Thursday, February 20, 2020

ACCELERATING RETAIL NEWS

Mars Retail Group is opening 3 new M&M’s stores, including a 24,000 s/f flagship at Mall of America...Whole Foods Market opened new stores in Richmond, VA and Delray Beach, FL...uBreakiFix increased its store count to 478 across North America...Gordmans plans to open stores in 13 small towns in NY this month. Stage, the company that owns Gordmans, is converting more than 500 US Bealls, Goody’s, Palais Royal, Peebles, and Stage stores to Gordmans…Krispy Kreme will open 6 locations in NYC this year, including its flagship in Times Square. Krispy Kreme has nearly 1,400 shops in 33 countries...Seafood restaurant Captain D’s opened 15 new locations and signed 8 franchise development agreements. Captain D’s has more than 530 restaurants in 22 states…Pet Supplies Plus will open 7 new locations throughout the Rochester and Buffalo, NY area by May 2020…Five Below plans to add about 180 stores this year to its roster of 900...Walmart opened its second Walmart Health Center next to a remodeled Walmart Supercenter in Calhoun, GA…The Children’s Place is relaunching Gymboree this month. The brand will be available in shop-in-shop locations in more than 200 Children’s Place stores in the US and Canada...Amazon will open 10 Amazon 4-star stores in 2020, including one at the American Dream mega-center in East Rutherford, NJ. Amazon debuted the concept in 2018. To date, it has opened 9 locations...Dick’s Sporting Goods will open a store in Texas and one in AL this month. The Alabama location will also include a Golf Galaxy.  Following the openings, Dick’s will have 727 Dick’s stores and 95 Golf Galaxys in 47 states...Sephora will open 100 stores in 2020, more than doubling its store growth in 2019. Sephora has more than 2,500 locations... After opening 51 new units in 2019, Burlington Stores will open 31 new locations in 20 states in 2020…The Fresh Grocer will reopen 4 former Nicholas Markets stores under The Fresh Grocer name this month, giving Fresh Grocer 12 stores in NJ and PA...Noodles & Company plans to develop 22 new units between 2021 and 2032. Noodles & Company has more than 450 restaurants... Mavis Tire Supply Co. is buying 112 NTB Tire & Service Centers in the Philadelphia, Boston, Atlanta and Chicago markets from TBC Corp. The deal will leave TBC with 615 locations under the Tire Kingdom and NTB banners. Before this acquisition, Mavis had 698 stores... With 2 CA locations opening this year, menswear brand Rodd & Gunn is on target to have 10 US stores by year’s end...BBQ Holdings, parent company of the Famous Dave’s barbecue chain, has agreed to buy Granite City Food & Brewery, the bankrupt operator of Granite City brewpubs and Cadillac Ranch, and will operate the acquired 29 restaurants under their current brands... At Home Group Inc. opened 6 stores this month, growing its footprint to 218 stores in 39 states…Lidl opened 2 new stores in NJ

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