National And Local News - 2014
Batteries Plus expands overseas with acquisition of LED Hut Ltd.
NEWS ARTICLE - 9/20/2014 - By Marianne Wilson (Chain Store Age)
Batteries Plus Bulbs has made news with the announcement of the company's acquisition of online LED lighting product retailer LED Hut Ltd.This acquisition will be mutually beneficial: LED Hut's growth can now be supported through Batteries Plus Bulbs' resources while LED Hut's online expertise will assist Batteries Plus Bulbs' continued efforts into the world of eCommerce.
Fast-Growing Retail Franchise Announces Multi-Unit Franchise Operator Development Initiative
PRESS RELEASE - 9/18/2014 - Fishman Public Relations
With 25 consecutive years of system and same store sales growth and an average of about one new store opening per week, Batteries Plus Bulbs, the nation's first, largest and fastest-growing battery and light bulb franchise, is launching a new Multi-Unit Franchise Operator Development Initiative designed to keep the 25-year-old leading brand on the fast track for growth.
Brothers Open Batteries and Bulbs Store in Springfield
NEWS ARTICLE - 9/14/2014 - By Kathleen Carey (Delaware County Daily Times)
Today, the brothers, Paul and Jamie Denman, are excited to launch their venture as business owners with their Batteries Plus Bulbs location in Springfield, PA.
Is Square's Move Into Lending a Danger Sign?
NEWS ARTICLE - 8/20/2014 - By Elizabeth Macbride (Forbes)
Forbes reporter Elizabeth MacBride takes a look inside the booming credit lending market and why, despite a broader spectrum of options, those seeking to secure financing should remain cautious of both the amount credit they borrow and where they get their credit from. MacBride incorporates testimonials from business owners who advise prudence when it comes to finding the right finance options. One of these entrepreneurs is Batteries Plus Bulbs franchise owner Bates Kennedy. Kennedy owns and operates 10 Batteries Plus Bulbs locations and sees himself as an example for other aspiring entrepreneurs.
How to Know When to Change Your Business Model
NEWS ARTICLE - 8/13/2014 - By Christina Desmarais (Inc.com)
Russ Reynolds, CEO of Batteries Plus Bulbs, is asked to describe the circumstances under which a company should undertake a pivot in their business model. According to Reynolds, the time to make a sweeping change isn’t when things are taking a turn for the worse, rather, it’s critical that business owners begin looking to innovate while the company is thriving. This is no easy feat.
Veterans now partners in Batteries Plus Bulbs store
NEWS ARTICLE - 8/12/2014 - By Joyce Smith (Kansas City Star)
Dan Kopp is currently a successful franchisee of the battery and light bulb chain Batteries Plus Bulbs, but prior to embarking on his entrepreneurial journey Kopp spent six years as a member of the U.S. Air Force. In 2007 he decided become his own boss opening his first Batteries Plus Bulbs location in Overland Park, Kansas. Today, Kopp prepares for the opening of his second franchise location with Batteries Plus Bulbs, this time partnering with his friend and fellow veteran Scott Neuburger.
Batteries Plus Bulbs: Couple energized by new business venture
NEWS ARTICLE - 8/11/2014 - By Kevin Fitzsimmons (WFMZ.com)
Shane and Kathy Young, a couple from Pottstown, Pennsylvania, were relaxing and watching TV one evening when they came across an episode of the show “How the Lottery Changed My Life”. The Youngs knew then that they had found the right company for them and their first Batteries Plus Bulbs store is set to open in the Muhlenberg Township next week.
Argentinian Family Invests in Miami and Banks on Batteries Plus Bulbs Franchise
NEWS ARTICLE - 8/6/2014 - Miami Community Newspapers
Tomas Arossa, a 28-year old with a degree in business administration, quickly made a connection with a Miami businessman who introduced him to Batteries Plus Bulbs. Whether it be purchasing retail products, testing and recycling batteries, or fixing a broken iPhone screen the Arossa’s look forward to serving the Miami community as part of the Batteries Plus Bulbs family.
Shoptalk column: Batteries Plus Bulbs expands
NEWS ARTICLE - 8/5/2014 - Post Register
Franchise owner Laura Lewis operates a Batteries Plus Bulbs location in Idaho Falls which was one of the first stores to begin offering "while-you-wait" smartphone and tablet repairs. As cellphones become smarter, people want to keep them longer and that’s where Batteries Plus Bulbs can come in by providing services such as battery replacement, screen repair, and even replacement/repair on most major smartphone components that fail.
Why These 3 Once Thriving Franchises Have Fallen on Hard Times
NEWS ARTICLE - 8/1/2014 - By Jason Daley (Entrepreneur.com)
Batteries Plus Bulbs CEO Russ Reynolds gives his take on why a company like RadioShack, which at one point boasted over 4,000 stores throughout the U.S., has now filed for bankruptcy. Reynolds cites "chasing the bright, shiny object", referring to RadioShack’s attempt to break into the cell-phone retail market, as one of the pitfalls ultimately leading to the company’s undoing.