Fleet Feet, Incorporated announced the purchase of Metro Run and Walk in Mishawaka, Indiana, the neighboring town of South Bend. The formal acquisition is the 123rd store for the company. Former store owner, David Lewin, has been serving the Mishawaka and South Bend communities since 2001 and has established a reputation for outstanding service, knowledge and dedication to the local running community.
In addition to this acquisition, the company outlined its retail
expansion plans for the second and third quarter which include nine new
store openings and the conversions of two independent running specialty
stores to Fleet Feet Sports franchises.
The company will open six
new franchises in May and June: Fort Mill, SC; Decatur, IL;
Plattsburgh, NY; Scottsdale, AZ; Richmond, VA; and Des Moines, IA.
Feet Sports Development Company will also open new locations in
Cincinnati, OH, Asheville, NC and Longmeadow, MA. Longmeadow is a
suburb of Springfield and will be the company’s first store in
Massachusetts. These stores will be part of the company’s Operating
Partner Program – a unique employee-to-owner program that provides the
opportunity for elite retail employees to build a new business from the
ground up, gain equity, and ultimately buy the store and become a
franchise business owner.
In addition to new store openings, two
independent running store owners will convert their stores to Fleet
Feet Sports franchises. Both of these conversions are planned for July
and details will be announced at a later date. They will join the
franchise system to access additional tools and support provided by the
Fleet Feet Sports team to help them meet their goals for growth.
are hitting on all cylinders right now in terms of driving brand growth
through expansion of our retail footprint,” said Fleet Feet President
and CEO, Jeff Phillips. “Our position within the specialty running
channel is unique because we have developed so many ways to grow: new
franchisees, existing franchisees opening multiple locations, company
stores, acquisitions, and independent conversions – all strategies that
align with our locally owned and operated model.”
Fleet Feet, Incorporated has 123 locations in 35 states and the District of Columbia.
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