On Monday, Shares of Dicks Sporting Goods Inc (NYSE:DKS), lost -1.26% to $50.21.
DICK’S Sporting Goods, will be opening its relocated store on Saturday, October 24th at Liberty Center in Liberty Township, OH (7675 Warehouse Row).
DICK’S two-day grand opening celebration will run through Sunday, October 25th. The store will open at 9:00 a.m. Saturday and 10:00 a.m. Sunday.
The store was originally located at Springdale at Tri-County Commons. Enhancements to the new location will comprise expanded Brand Shops, a Women’s Studio Apparel Department, a Soccer Shop, Lacrosse Shop and Baseball Shop. Customers can also experience a new, full service footwear deck, expanded assortment and improved service to meet their needs.
Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.
Shares of GameStop Corp. (NYSE:GME), declined -1.08% to $43.93, during its last trading session.
GameStop, a family of specialty retail brands that makes the most popular technologies affordable and simple, declared recently that once again its U.S. stores will be closed for the Thanksgiving holiday. GameStop’s Technology Brands: Spring Mobile, Simply Mac and its Cricket Wireless stores, and the new ThinkGeek retail store will also be closed on Thanksgiving Day. The decision is part of the specialty retailer’s core values of ‘Protecting the Family’ and doing the right thing to disrupt the emerging trend in the retail industry of taking away holidays from customers and associates.
“We believe strongly that our customers and associates should have the opportunity to spend the Thanksgiving holiday relaxing with family and friends, and not worrying with the stress of where to find the best shopping deals. We know this is in stark contrast to what many other retailers are doing, but we are taking a stance to protect family time during this important holiday,” said Mike Buskey, executive vice president and president of U.S. Stores. “For our customers who want to do a little shopping on Thanksgiving Day, www.gamestop.com and www.thinkgeek.com will be open all day and taking orders.”
GameStop Corp. operates as a multichannel video game retailer. It sells new and pre-owned video game hardware; physical and digital video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, memory cards, and other add-ons for use with video game hardware and software; and digital products, counting downloadable content, network points cards, prepaid digital and online timecards, and digitally downloadable software.
Finally, SunOpta, Inc. (USA) (NASDAQ:STKL), ended its last trade with -0.10% loss, and closed at $5.26.
Paine & Partners, declared that it has accomplished the sale of Sunrise Growers (“Sunrise” or the “Company”) to SunOpta, for a total value of about $450 million.
Paine & Partners attained Sunrise in March 2013 and offered planned leadership and resources to transform the business. With Paine & Partners’ support, Sunrise accomplished three acquisitions and made note worthy growth capital investments across its platform. These initiatives have resulted in strong growth in both revenue and EBITDA and have significantly expanded and diversified Sunrise’s supply chain, customer base and its processing and distribution footprint. As a result, Sunrise has established itself as the clear leader in the private label frozen fruit category, which is one of the fastest growing food categories at retail.
“We are happy to declare the completion of this transaction, representing the culmination of our planned investment in Sunrise,” said Kevin Schwartz, President and a founding Partner of Paine & Partners. “Since our acquisition of Sunrise, we have worked closely with the administration team to significantly grow the business through planned acquisitions and growth capital investments, positioning Sunrise to capitalize on the tremendous opportunity in the private label frozen fruit category. With the transaction accomplished, we are confident that Sunrise will continue to thrive under the leadership of SunOpta.”
SunOpta Inc. sources, processes, packages, and markets natural, organic, and specialty food products in the United States, Canada, Europe, China, and Ethiopia. Its Global Ingredients segment offers identity preserved, non-genetically modified (non-GMO), and organic seeds and grains, counting soy, corn, and sunflower; seed and grain-based animal feed, and pet food products; and organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products.
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