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Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Retail TouchPoints

Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its three strongest banners — Pet Supplies Plus , The Vitamin Shoppe and Buddy’s Home Furnishings — to remain in operation. 5 at its 365 locations and online.

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2024 Home Furnishings Industry Trend Guide

Storis

So, buckle up, home furnishings retailers; we’re ready to accelerate. We surveyed home furnishings retailers for insights on strategies to accelerate growth. The State of the Home Furnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success.

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Sundance Opens First Michigan Location in the Greater Detroit Area

Retail TouchPoints

The 4,120-square-foot store will be the first location in Michigan for the retailer, which sells women’s and men’s apparel, jewelry, footwear, accessories, home furnishings and art. One-of-a-kind pieces and items exclusive to Sundance will be the cornerstone of the product offering. “We

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Home Furnishings Retailer Opens at Vero Beach Outlets in South Florida

Shopping Center

Mitchell Gold + Bob Williams Home Furnishings Outlet has opened at Vero Beach Outlets, a 340,000-square-foot outlet center located in Vero Beach. Retailers at Vero Beach Outlets include Michael… The post Home Furnishings Retailer Opens at Vero Beach Outlets in South Florida appeared first on Shopping Center Business.

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Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management

Retail TouchPoints

Franchise Group owns and operates a number of “franchised and franchisable” businesses that include The Vitamin Shoppe as well as Pet Supplies Plus , Wag N’ Wash , American Freight , Badcock Home Furniture & More , Buddy’s Home Furnishings and Sylvan Learning. The transaction is valued at approximately $2.6 billion. “We

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Nick Scali to acquire Fabb Furniture to enter UK

Inside Retail

Furniture retailer Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture, for £3.5 million ($6.7 Nick Scali intends to pay $1 million to exercise the option to exit the existing distribution centre arrangement and inject up to $11.5 million of working capital.

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Ikea Owner Takes Stake in New Fifth Avenue Office Tower, Plans NYC Store

Retail TouchPoints

Photo credit: KPF) Located at the intersection of the Plaza and Grand Central Districts, 570 Fifth Avenue will be a 1,000,000 -square-foot mixed-use commercial building and marks the largest development on Fifth Avenue in more than 60 years. Rendering of 570 Fifth Avenue, which will feature an office tower and ground-level Ikea.

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