Industry News

Macy's plans to open LensCrafters outposts in nearly 40 percent of its stores by the end of next year, the department store chain said Tuesday. Macy's State Street flagship and Water Tower Place stores, along with stores at Fox Valley Mall in Aurora and Westfield Old Orchard in Skokie, are among the 80 locations that will set aside space for the eye care and glasses chain by the end of the year. Macy's said it plans to open 200 more in-store LensCrafters in 2017."/>
BRIEF: Macy's to open LensCrafters shops in 280 stores [Chicago Tribune]
Walt Disney Co. and Universal Orlando have the county's two highest property values, according to Rick Singh's office. Disney's 2015 property overall was assessed at $8.2 billion and Universal's at $2.1 billion."/>
Disney, Universal, SeaWorld sue property appraiser over assessments [Orlando Sentinel]
Fairwinds ends plans to move to new tower [Orlando Sentinel]
Pier 1 Imports on Tuesday opened its doors at Hamilton Crossings, the latest addition to the Lower Macungie Township shopping center. The 7,700- square-foot location is the 37th store in Pennsylvania for the Fort Worth, Texas-based retailer that specializes in home decor and furniture. It is the chain's third location in the Lehigh Valley; it also has stores on MacArthur Road in Whitehall Township and in the Southmont shopping center in Bethlehem..."/>
Pier 1 Imports opens at Hamilton Crossings [The Morning Call (Allentown, Pa.)]
Buffalo Wild Wings, has asked for "fresh talent" on the company's board of directors. Yet the hedge fund was far from happy Tuesday when Wild Wings announced a major board revamp. Turns out Wild Wings did so without consulting San Francisco-based Marcato, which has been highly critical of the chicken wing chain's stewardship since buying a 5.2 percent stake last summer."/>
Buffalo Wild Wings, under pressure from activist investors, appoints new directors [Star Tribune (Minneapolis)]
Starbucks, with Cracker Barrel to its other side just across..."/>
Burger King being constructed next to Starbucks on Bradley Park Drive [Columbus Ledger-Enquirer, Ga.]
Red Lion Hotels Corp. has closed the acquisition of the global brands and brand operations of US-based Vantage Hospitality Group, Inc. for an initial aggregate price of USD 23 m in cash and 690,000 shares of the company's common stock, the company said. This deal was announced in September, and closed a month ahead of schedule. The stock was then worth around USD 5.3 m, making the deal worth around USD 28.3 m."/>
Red Lion Hotels Closes Acquisition of Vantage Hospitality
ICTV Brands, Inc., has signed a definitive agreement to acquire the consumer products business of PhotoMedex, Inc. for a total consideration of USD 9.5 m, the company said. The agreement calls for ICTV to acquire the assets of PhotoMedex's flagship product no! ,along with the Kyrobak and Cleartouch brands."/>
Direct Response Marketer ICTV Brands to Acquire the no!no! Hair Removal Brand
McDonald's Corp. has announced that its mascot, Ronald McDonald, will lay low for awhile. You know, until people are done with this whole creepy clown thing."/>
Great job, creepy clowns: Now even Ronald McDonald is running scared [The Oregonian, Portland, Ore.]
M and A Navigator: Deal pipeline –12 October
La-Z-Boy store, though they haven't yet released an exact address. CircusTrix created AirWalk, the first trampoline park in Alabama, which is also off of 280."/>
American Ninja Warrior course, trapeze coming to new park off Highway 280; Airwalk to close [Alabama Media Group, Birmingham]
Lear Corp.' s Selma plant after the company has agreed to make substantial changes, pending a judge's approval. Department of Labor's Occupational Safety and Health Administration filed a lawsuit against Renosol Seating LLC and three of its managers in March, charging that the company fired workers who reported safety hazards. Renosol is a subsidiary of Lear Corp., a Michigan car seating manufacturer."/>
Federal government dismisses suit against Lear Corp.; Selma whistleblower to get her job back [Alabama Media Group, Birmingham]

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