Sola Salon Studios Opens 60 New Locations And Achieves 15% Increase In Stylist Lead Volume In 2020
- Fast-Growing Salon Studios Franchise Signs 43 Development Agreements to Open 113 New Salons Across North America -
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DENVER, Feb. 9, 2021 /PRNewswire/ Sola Salon Studios, the world s largest salon studios franchise, is reporting significant growth in 2020, opening 60 new locations and signing 43 franchise agreements to develop 113 new salons throughout the U.S. and Canada over the next several years. Of the 43 new agreements, 26 were signed with new franchisee groups and all but one joined after nationwide shutdowns of salon businesses as a result of the COVID-19 pandemic. This strong performance through an unprecedented year, coupled with the brand s reputation as the leading salon studios franchise, has positioned Sola for tremendous future growth as it remains on track to eclipse 600 locations in 2021.
PREIT and CBRE Join Forces to Chart New Future for Plymouth Meeting Mall
Ideally-Situated Asset Creates Opportunity for Vast Array of Uses
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PHILADELPHIA, Jan. 28, 2021 /PRNewswire/ PREIT (NYSE: PEI), a leading operator of distinctive real estate in high barrier-to-entry markets, today announced that the Company has engaged CBRE to help execute its vision to bring a multitude of new uses to Plymouth Meeting Mall as the Company furthers its strategy of transforming its portfolio into multi-use destinations.
Located at the intersection of the Pennsylvania Turnpike, Interstate 476, and the Northeast Extension with over 90 million cars passing the property annually, Plymouth Meeting Mall offers a differentiated experience to an expanded trade area. The property counts among its offerings one of 9 LEGOLAND Discovery Center locations in the country; Whole Foods; Dave & Buster s; a renovated AMC Movie Theatre; Cyclebar, an ind