Dunkin’ Donuts in deal for 11 stores in Denver, eight in El Paso
Canton, Mass. — Dunkin’ Donuts announced the signing of a multi-unit store development agreement with a newly formed subsidiary of Sizzling Platter, LLC (Sizzling Donuts, LLC) for 11 new restaurants in Denver, and eight in El Paso, Texas.
The company also acquired two additional existing restaurants in El Paso.
Build-A-Bear Workshop opening second hospital location
St. Louis — Build-A-Bear Workshop will open a store in Sinai Hospital in Baltimore, Md., on Feb. 27. This will be the chain’s second store located inside a hospital.
“When kids are sick or injured, making a new furry friend is a great way to take their mind off of their treatment and a teddy bear hug can help them feel better,” said Maxine Clark, company founder and chief executive. “We’re proud that Build-A-Bear Workshop can bring teddy bear hugs and a positive experience to the children of Sinai Hospital.”
Report: Amazon to open store
New York City — Amazon plans to open a store in its Seattle hometown to display and sell its growing line of electronic devices, reported Reuters, which cited industry blog Good E-Reader as its source.
Analysts said Amazon could be inspired by the success of Apple in the retail arena.
“The primary goal of the test is to determine if a physical retail presence can accelerate sales of Kindle devices and follow-on consumption of digital content at an attractive return on invested capital,” Cowen & Co. analyst Jim Friedland wrote in a note to investors on Monday, according to the report.