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Stock Market & Financial Investment News

News Breaks
January 2, 2013
07:04 EDTTTSTile Shop acquires fourth distribution centers, opens three new stores
Tile Shop Holdings announced that it has completed the purchase of a new 150,000 square foot distribution facility located on a 15 acres site in Durant, Oklahoma. The company will initially utilize this distribution center to distribute product to its eight stores located in Iowa, Nebraska, Kansas and Missouri and expects to commence operations at the facility by the end of the 2Q13. Additionally, the company announced that it recently opened three additional stores, bringing the total new store openings for 2012 to 15 and expanding The Tile Shop’s store count to 68 as of December 31.
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