American Greetings founders raise private offer
Brooklyn, Ohio – The Weiss family, which founded the public American Greetings greeting card company is now looking to take it private. As reported by Reuters, the Weiss family is raising an existing buyout offer of $18.20 per share to $19 per share.
The increased offer was contained in a regulatory filing made July 1.
Krispy Kreme opens 100th Cancun store
Winston-Salem, N.C. — Working with franchise partner Taco Holding, S.A. de C.V, Krispy Kreme Doughnut Corporation will open its 100th store in Cancun, Mexico, on July 6. The store will feature Krispy Kreme’s new international café-style store design, including hot doughnuts, barista specialists, a kid’s zone and a drive-thru.
"We are excited to announce the opening of Mexico’s 100th Krispy Kreme store in the city of Cancun," said Jeff Welch, Krispy Kreme president – International. "Taco Holding has done a great job of bringing the one-of-a-kind taste of Krispy Kreme to our loyal customers throughout Mexico. In December of last year, Taco Holding opened the 500th international Krispy Kreme store in the city of Aguascalientes, so we have celebrated two important milestones in Krispy Kreme history with our Mexico team and look forward to celebrating many more in the years to come."
Ikea keeps electric car spark going with 24 new charging stations
CONSHOHOCKEN, Pa. — Leading home furnishings retailer Ikea has extended its partnership with ECOtality, a clean electric transportation and storage technologies company, and plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States.
The newly designated sites include seven stores in Illinois, Georgia, Pennsylvania and Texas, as well as the U.S. corporate office. The retailer anticipates installation to begin this month and expects to complete it by end of summer this year. Installation of these units will bring the total number of Blink charging stations at Ikea locations to 55. Two years ago, Ikea installed a combined 31 units at nine Western U.S. stores in Arizona, California, Oregon and Washington.
“We are fortunate to be able to expand this relationship with ECOtality, bringing EV charging stations to more Ikea locations across the U.S. since Ikea stores are typically visible and accessible from key points within a local metropolitan area,” said Ikea U.S. president Mike Ward. “Increasing access to EV charging stations advances our goal of helping coworkers and customers — as well as members of the communities in which we operate — live more sustainable lives.”
“We are pleased to now have Blink charging stations in nearly half of all Ikea locations in the country,” stated H. Ravi Brar, CEO of ECOtality. “Ikea is a household name well-known for their sustainability efforts, and we are proud they have chosen Blink as their EVSE provider of choice.”
The eight locations now scheduled to install EV charging stations are stores in: Atlanta, Ga.; Bolingbrook, Ill.; Conshohocken, Pa.; Frisco, Texas; Houston, Texas; Philadelphia, Pa. and Schaumburg, Ill. Additionally, the Ikea U.S. corporate office in Conshohocken also will have units available.
There are currently more than 340 Ikea stores in 41 countries, including 38 in the U.S.