REAL ESTATE

Dick’s Sporting Goods to open two new stores on June 13

BY Staff Writer

Pittsburgh — Dick’s Sporting Goods announced Monday it will open two new stores on June 13.

A store at Bloomfield Town Square, in Bloomfield, Mich., will be the sporting goods retailer’s 20th store in the state.

The new store opening at Northborough Crossing, in Northborough, Mass., will be the retailer’s 17th in the state.

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REAL ESTATE

Bob Evans to remodel 150 restaurants

BY Marianne Wilson

New York — Bob Evans Farms Inc. plans to remodel 150 restaurants to its “Farm-Fresh Refresh” format in its current fiscal year. The remodels will include 40 sites in the Columbus, Ohio, market in the first quarter.

In its recently completed fiscal 2012, the chain remodeled 87 locations, with sales up 5% in the updated restaurants compared to the rest of the chain, executives said on the company’s fourth-quarter conference call.

The Farm Fresh format includes a bakery, a carry-out area and a redesigned retail area. It also has murals in the entryway depicting the heritage of Bob Evans and an updated dining room, with modern furnishings, light fixtures and brighter color schemes.

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D.Brisbane says:
Feb-27-2013 08:50 pm

Remodeling 150 restaurants is not a simple task, the team from Bob Evans Farms Inc. should take a lot of factors in consideration. If there will be problems like bathroom mildew or stain on the walls then the company will lose a lot of money.

D.Brisbane says:
Feb-27-2013 08:50 pm

Remodeling 150 restaurants is not a simple task, the team from Bob Evans Farms Inc. should take a lot of factors in consideration. If there will be problems like bathroom mildew or stain on the walls then the company will lose a lot of money.

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REAL ESTATE

Collective Brands granted termination of acquisition waiting period

BY Katherine Boccaccio

Topeka, Kan. — Collective Brands said Thursday that the U.S. Federal Trade Commission has granted early termination of the waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act in connection with Collective’s impending $2 billion acquisition by Wolverine World Wide, Blum Capital Partners and Golden Gate Capital.

As announced on May 1, investment firms Blum Capital and Golden Gate will jointly acquire the operations of Payless ShoeSource and Collective Licensing International.

Wolverine will acquire Collective Brands’ Performance + Lifestyle Group, which includes Sperry Top-Sider, Saucony, Stride Rite and Keds.

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