Franchising Today - Summer 2016 - 37
chise development to director of
real estate, and Kate Saba joined the
Slumberland team as franchise development manager. "We are growing
at a point where Michael's respon-
sibilities have exceeded him in both
capacities," Voigt-Frolek explains.
"We will continue to open corporate
stores and Kate will focus on Slumberland franchise store growth."
Every Slumberland location can buy
product from a distribution center and
receive it during weekly shipments.
Slumberland continues to see
growth with new locations opening
throughout the country. The company opens six to eight stores per
year and is focused on getting that
number up to 10 or 15 new locations
each year. Our strategy is to contiguously grown additional Slumberland
locations within the upper Midwest
area. Slumberland is also committed
to building additional distribution
centers to keep up with demand. The
company currently has three, one
each in South Dakota, Minnesota
and Wisconsin. "We are growing in
all directions, but are not looking to
go international," Larson notes.
To accommodate continued
growth, Larson recently transitioned
from director of real estate and franU.S. Bancorp (NYSE: USB) with $429 billion in assets as
of March 31, 2016, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The company operates 3,129 banking offices in 25
states and 4,954 ATMs and provides a comprehensive line of
banking, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. Visit
U.S. Bancorp on the web at www.usbank.com.