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Local Retailer News… March 22, 2011

Posted by Erik Swanson in Articles, Development, Research/Data, Retail News, Uncategorized.
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Pizza…Local restauranteurs’ Don Bellis and Jay Gigandet plan a national expansion of their local chain  The Rock Woodfired Pizza & Spirits.  Bellis says he would like to open 30 restaurants over the next seven years in the U.S. including locations in Philadelphia, Texas and the Carolinas. Bellis also has partnered with Kaizon Brands in Canada who will master develop up to 40 stores by 2020.  The Rock started in Tacoma in 1995 and has grown to 9 locations in the Puget Sound and 2 in Canada.   Check out the DJC article here.  

BooksBorders Books announced the closure of an another 28 stores as part of their Chapter 11 bankruptcy reorganization.  Locally, stores in Federal Way and Tacoma will likely close by the end of May 2011. In the end, Borders will close 228 stores, leaving roughly 400 operating in the US.

Liquor sales…A new initiative to privatize state liquor sales with the Secretary of State last week.  According to the initiative the state would be required to auction off its rights to operate liquor stores. The state would also be required to sell any assets including state-owned liquor stores and the state distribution center. More info from the Seattle Times here.  Although last years initiatives to privatize sales failed, this may be one to keep an eye on.

 

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