Destination Maternity files for bankruptcy
Destination Maternity the worlds largest retailer for maternity wear has filed for bankruptcy. The company is working with advisors at the law firm Kirkland Ellis and Berkeley Research Group. The retailer which employs a little over 1100 full-time and 2300 part-time employees owned 458 U.S. stores as of February according to regulatory filings.
Homeland Buys 5 Stores in Oklahoma
Homeland an employee-owned retailer that is part of Oklahoma City-based HAC Inc. is buying five stores from RPCS Inc. Four Food Pyramid storestwo in Ponca City and one each in Stillwater and Bartlesville Okla.and one Discount Foods in Ponca City will be rebranded as Homeland beginning in 2020.
The Vitamin Shoppe Unveils New Innovation Retail Concept in Edgewater New Jersey
Sharon Leite Chief Executive Officer of The Vitamin Shoppe commented Our newly remodeled Edgewater location represents the next generation of stores for The Vitamin Shoppe and will inform the future direction of our total retail experience. The Vitamin Shoppe currently plans to open five new stores in a similar format through January 2020.
Majors Management Acquires 18 C-Stores in Georgia
We are very pleased to sell our stores to another operator based in Georgia. We are confident that our Georgia locations will be in good hands with Marvin Hewatt and his entire team said John McDonald president and CEO of LaGrange Ga.-based McDonald Oil.
Wawa Holds Grand Opening For Its 200th Store In Florida
Wawa plans to continue to open an average of 20-30 stores per year for the next several years with the goal of reaching 400 stores by 2028. Using our past success in Florida as a gauge we are optimistic that we can grow past our initial projections in the next 10 years said Brian Schaller SVP of real estate and fuel for Wawa. We look forward to the next 200 stores.