Irving, Texas — The Michaels Companies, Inc. has decided to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states. The company intends to rebrand up to 12 of the closed Pat Catan’s stores and reopen them under the Michaels banner.
News
Hudson Group Wins 10-Year Contract to Bring New Retail to Indianapolis International Airport
by Katie Lee
East Rutherford, N.J. — Hudson Group, a leader in North American travel retail, has won new business at Indianapolis International Airport (IND), bringing national brands and unique retail concepts to the Hoosier state. The 10-year contract, which is part of the airport’s concessions refresh program, includes nine stores and nearly 9,000 incremental square feet.
Philadelphia — With successful 2018 openings in four states, Saladworks, the healthy, fast-casual franchise, will continue to expand its national footprint to new and existing states in 2019. With 10 new stores committed to by new and existing franchisees in 2018, the expanding brand is on target to open 17 locations in 2019. Stores will open in Rhode Island, Colorado, Ohio, Virginia, California, Minnesota and Arkansas.
Latham, N.Y. — DWM Water Filtration has promoted Dovie Wood to water filtration specialist. She joined DWM in 2016 as a customer service coordinator. Her commitment to clients coupled with her mechanical background has resulted in outstanding results for DWM’s clients.
Columbus, Ohio — David Kornberg, chief executive officer of Express, Inc., a leading fashion apparel retailer, has departed. Effective January 22, 2019, Kornberg vacated his positions as CEO, president and a member of the board of directors. Kornberg will remain employed by the company through February 21, 2019. The board of directors has appointed Matthew Moellering as interim CEO and interim president until a permanent CEO and president is appointed.
Chicago — SMS Assist has promoted Marc Shiffman to president. One of the company’s earliest employees — instrumental to its years of rapid growth and market leadership — Shiffman will assume the role immediately and continue as the company’s chief financial officer.
Fort Wayne, Ind. — CoreLife Eatery, an active lifestyle restaurant offering a variety of greens, grains and broth-based dishes, will soon hit a major milestone by opening its 50th location. The brand will open in Fort Wayne, Ind., for the first time on January 31, 2019. This is the fifth Indiana location for the fast-growing brand.
Chicago — On January 2, 2019, Cushman & Wakefield completed its acquisition of Quality Solutions, Inc. (QSI). This acquisition will expand Cushman & Wakefield’s facilities management capabilities and coverage across North American markets by leveraging QSI’s strong supply chain of 50,000+ qualified suppliers and 75+ facilities trades. Cushman & Wakefield’s intention to acquire QSI was previously announced in November 2018.