Fort Collins, Colo. — Otter Products, the company behind OtterBox phone cases, will soon open Otter Shop, a retail experience in its hometown of Fort Collins, Colo.
retailers
Stratham, N.H. — On August 3, 2017, global outdoor lifestyle brand Timberland opened its first specialty concept store: The Timberland Tree Lab. Located in the King of Prussia Mall in King of Prussia, Pa., the experiential Tree Lab features carefully curated product collections and brand stories in a gallery-style setting that will completely change every 6 weeks.
Dallas — The Gents Place, a lifestyle club bringing men’s grooming to the next level, has signed a new franchise development agreement, further expanding its presence throughout the state of Texas, to now include the brand’s corporate flagship of San Antonio.
Through $1.3 Billion JV Acquisition, Starbucks Will Operate All Starbucks Stores in Mainland China
by Katie Lee
Seattle — Starbucks Corporation has entered into a definitive agreement to acquire the remaining 50% share of its East China (East China JV) business from joint venture partners, Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC) for approximately $1.3 billion in cash consideration in the largest single acquisition in the company’s history.
San Francisco — Sprint continues to expand its presence and investment in Northern California with plans to add more than 300 new jobs and 43 new retail locations throughout the area by the end of 2017. The new jobs will include a combination of retail, operations and technical experts. Currently, Sprint operates more than 170 branded retail locations throughout the Northern California region.
New York City — Barnes & Noble, Inc., the world’s largest bookseller, has named James Lampassi as vice president, real estate development. Lampassi, whose appointment is effective July 31, 2017, will report directly to CEO Demos Parneros. Previously, he was vice president of real estate and construction at Petco.