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Mergers & Acquisitions

  • Westward ho for Sportsman's Warehouse

    Sportsman's Warehouse is growing its store presence out West.

    The retailer will open a store in Slidell, Louisiana, its first in the state, and another in Las Cruces, New Mexico.

    The Louisiana store will be located in the Rouse Shopping Center, and is expected to open in early 2016.

    The store in Las Cruces will be located on Telshore Boulevard and is expected to open in the summer of 2016.

  • New retail center going up in DC-metro area

    Simon on Wednesday broke ground on Clarksburg Premium Outlets, in Montgomery County, Maryland.

    This multi-million dollar project, which upon completion, will offer a collection of over 90 retailers. The center, scheduled to open in October 2016, is a joint venture between Simon, New England Development, and Streetscape Partners.

    Located in one of the country's highest-income regions, and only 30 miles from the Washington, D.C., metro area, the center will feature 392,000 sq. ft. of leasable space.

  • Dunkin’ Donuts not cutting back on store expansion

    Dunkin’ Donuts announced new locations as it works towards its goal of opening 410 to 440 net new restaurants in 2015.

    The chain announced multi-unit store development agreements totaling 24 new restaurants over the next several years in Minnesota with two franchise groups, Kod Kod Enterprises, LLC, and existing franchise group, VANTive Group.

  • Bon-Ton Stores closing three stores

    The Bon-Ton Stores announced it will close its Elder-Beerman stores in the Huntington Mall in Huntington, West Virginia and the Lima Mall in Lima, Ohio. The retailer said it will not renew the stores’ leases, which terminate January 31, 2016.

    Additionally, Bon-Ton is closing its namesake store in the Carousel Center in Syracuse, New York, upon its scheduled lease termination on February 28, 2016.

    The company said it does not expect costs associated with the closing of the locations to be material.

  • Williams-Sonoma going south of the border

    Williams-Sonoma has entered into an agreement with Mexico’s leading department store retailer to open stores in that country.

    Williams-Sonoma said it will open 13 stores across its various brands — Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen and West Elm — In Mexico City, by the end of 2015. The stores are opening through a franchise partnership with Mexican department store retailer Liverpool.

  • The Fresh Market explores bid for company

    Just a few weeks after installing a new CEO, the Fresh Market is planning to conduct a strategic review that may include a sale of the specialty grocery chain.

    The company says it has retained J.P. Morgan Securities as its financial advisor to assist in this process, which may result in the company continuing to pursue value-enhancing initiatives as a standalone company, capital structure optimization, or a sale of the company or other business combination.

  • Another merger in design field

    Two of the nation’s leading planning and design firms have officially joined forces.

    Callison and RTKL have come together as CallisonRTKL. Both companies were previously acquired by the Netherlands-based Arcadis, a leading global design and consultancy.

  • Target starts up accelerator application process

    Start-ups looking to revolutionize retail have a significant new opportunity for support.

  • Square bulks up financing leadership with Yahoo exec

    As it prepares for a planned IPO, Square, the payments processing company led and co-founded by tech heavyweight Jack Dorsey is adding key executives to its Square Capital business financing operation.

  • Cherokee diversifies with flip-flops

    Licensed apparel company Cherokee Global Brand is acquiring a new retail chain just a few weeks after announcing its relationship with Target is ending.

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