<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>new owners Archives - Beetle Press</title>
	<atom:link href="https://www.beetlepress.com/tag/new-owners/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.beetlepress.com/tag/new-owners/</link>
	<description></description>
	<lastBuildDate>Tue, 23 May 2023 19:42:44 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.8.3</generator>
	<item>
		<title>Cedar Chest and Stay Golden in Thornes Marketplace Change Hands</title>
		<link>https://www.beetlepress.com/cedar-chest-and-stay-golden-in-thornes-marketplace-change-hands/</link>
					<comments>https://www.beetlepress.com/cedar-chest-and-stay-golden-in-thornes-marketplace-change-hands/#respond</comments>
		
		<dc:creator><![CDATA[Beetle Press]]></dc:creator>
		<pubDate>Tue, 23 May 2023 19:42:43 +0000</pubDate>
				<category><![CDATA[Client Press Releases]]></category>
		<category><![CDATA[new owners]]></category>
		<category><![CDATA[Northampton]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[Thornes Marketplace]]></category>
		<guid isPermaLink="false">https://www.beetlepress.com/?p=7852</guid>

					<description><![CDATA[<p>Lauren Gunther and Alex Feinstein purchase the stores from Rich Madowitz NORTHAMPTON—Two longtime, downtown businesspeople, Lauren Gunther and Alex Feinstein, have together purchased two stores in Thornes Marketplace—Cedar Chest, which is in its 75th year, and Stay Golden, a brand-new business on the first floor. Gunther, previously the merchandise manager for both businesses, and Feinstein, [&#8230;]</p>
<p>The post <a href="https://www.beetlepress.com/cedar-chest-and-stay-golden-in-thornes-marketplace-change-hands/">Cedar Chest and Stay Golden in Thornes Marketplace Change Hands</a> appeared first on <a href="https://www.beetlepress.com">Beetle Press</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><i><span style="font-weight: 400;"><a href="https://www.beetlepress.com/cedar-chest-and-stay-golden-in-thornes-marketplace-change-hands/lauren-gunther-and-alex-feinstein-2/" rel="attachment wp-att-7854"><img fetchpriority="high" decoding="async" class="size-full wp-image-7854 alignnone" src="https://www.beetlepress.com/wp-content/uploads/2023/05/lauren-gunther-and-alex-feinstein-e1684870787206.png" alt="" width="1100" height="731" srcset="https://www.beetlepress.com/wp-content/uploads/2023/05/lauren-gunther-and-alex-feinstein-e1684870787206.png 1100w, https://www.beetlepress.com/wp-content/uploads/2023/05/lauren-gunther-and-alex-feinstein-e1684870787206-768x510.png 768w, https://www.beetlepress.com/wp-content/uploads/2023/05/lauren-gunther-and-alex-feinstein-e1684870787206-150x100.png 150w, https://www.beetlepress.com/wp-content/uploads/2023/05/lauren-gunther-and-alex-feinstein-e1684870787206-736x490.png 736w, https://www.beetlepress.com/wp-content/uploads/2023/05/lauren-gunther-and-alex-feinstein-e1684870787206-600x398.png 600w" sizes="(max-width: 1100px) 100vw, 1100px" /></a></span></i></p>
<p><i><span style="font-weight: 400;">Lauren Gunther and Alex Feinstein purchase the stores from Rich Madowitz</span></i></p>
<p><span style="font-weight: 400;">NORTHAMPTON—Two longtime, downtown businesspeople, Lauren Gunther and Alex Feinstein, have together purchased two stores in Thornes Marketplace—Cedar Chest, which is in its 75th year, and Stay Golden, a brand-new business on the first floor.</span><span id="more-7852"></span></p>
<p><span style="font-weight: 400;">Gunther, previously the merchandise manager for both businesses, and Feinstein, the former owner of GoBerry in Northampton and Amherst, purchased the stores in mid-April from Rich Madowitz, who is also a co-owner of Thornes. Gunther and Feinstein are both natives of Hampshire County.</span></p>
<p><span style="font-weight: 400;">Feinstein closed his Amherst shop early in the pandemic, and the GoBerry in Northampton closed in January 2022. He has been doing pandemic-related financial consulting in the region and had been actively looking for his next challenge when Madowitz connected the two new co-owners late last year because he thought their skillsets were a great fit for joint ownership. </span></p>
<p><span style="font-weight: 400;">“We’re excited to move forward and be able to involve our staff in the transition,” said Gunther. </span></p>
<p><span style="font-weight: 400;">Feinstein said, “I’m pleased to step into businesses that are already doing awesome work and see what our energy can bring to them to make them do more.” </span></p>
<p><span style="font-weight: 400;">Gunther has been with Cedar Chest for 13 years. Feinstein came into the mix in early December 2022 in a consultant role. </span></p>
<p><span style="font-weight: 400;">She holds a bachelor’s degree in fashion merchandising and retailing from Framingham State University and an MBA from Southern New Hampshire University. He earned a bachelor’s in fine arts from Connecticut College and has worked in finance and IT in Boston. </span></p>
<p><span style="font-weight: 400;">Cedar Chest, a longtime eclectic gift store, carries everything from home décor to stationery, loungewear, bath and body products, and holiday items. Its new sister store, Stay Golden, which opened in October 2022, offers primarily casual and business clothing for women along with jewelry and other accessories. </span></p>
<p><span style="font-weight: 400;">About 30 associates work at the shops, with a half dozen dedicated to Stay Golden.</span></p>
<p><span style="font-weight: 400;">Gunther and Feinstein said they do not have plans to make changes to merchandise in the stores, but they will be looking at creating efficiencies that will allow them to make their staff team stronger. </span></p>
<p><span style="font-weight: 400;">“I love to find efficiencies and document and implement systems,” said Feinstein, who grew up in Northampton and Easthampton. “I’ve been on board for five months now and have a new scheduling system, email platform and digital invoicing system in place. Finding tools that work across departments and help people collaborate is what I bring to the table.” </span></p>
<p><span style="font-weight: 400;">Gunther’s expertise is in merchandizing. She grew up in Williamsburg and shopped in downtown stores as a young person, later working at Faces for a time as well. “It’s interesting to be among those helping two of these shops to evolve,” she said. “It’s unique to have two entrepreneurs of similar age who grew up in the area and are now really involved in downtown and Thornes. That’s fun and unique.”</span></p>
<p><span style="font-weight: 400;">To learn more about Thornes Marketplace, visit </span><a href="https://www.thornesmarketplace.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">thornesmarketplace.com.</span></a></p>
<p><span style="font-weight: 400;">Thornes Marketplace has been the cornerstone of downtown Northampton and at the center of the Main Street shopping district for more than a century. Built in 1873, it holds 55,000 square feet of space for merchants and includes features like pressed tin ceilings and hardwood floors.</span></p>
<p>The post <a href="https://www.beetlepress.com/cedar-chest-and-stay-golden-in-thornes-marketplace-change-hands/">Cedar Chest and Stay Golden in Thornes Marketplace Change Hands</a> appeared first on <a href="https://www.beetlepress.com">Beetle Press</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.beetlepress.com/cedar-chest-and-stay-golden-in-thornes-marketplace-change-hands/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Cornucopia in Thornes Marketplace Changes Hands</title>
		<link>https://www.beetlepress.com/cornucopia-in-thornes-marketplace-changes-hands/</link>
					<comments>https://www.beetlepress.com/cornucopia-in-thornes-marketplace-changes-hands/#respond</comments>
		
		<dc:creator><![CDATA[Beetle Press]]></dc:creator>
		<pubDate>Fri, 22 Mar 2019 19:16:15 +0000</pubDate>
				<category><![CDATA[Client Press Releases]]></category>
		<category><![CDATA[Cornucopia]]></category>
		<category><![CDATA[local business]]></category>
		<category><![CDATA[new owners]]></category>
		<category><![CDATA[Northampton]]></category>
		<category><![CDATA[Thornes Marketplace]]></category>
		<guid isPermaLink="false">http://www.beetlepress.com/?p=6046</guid>

					<description><![CDATA[<p>Bud Stockwell and Sydney Flum-Stockwell sell to employees after nearly 39 years in business NORTHAMPTON—Cornucopia, a natural foods store in Thornes Marketplace since June 1980, changed hands for the first time on March 18, when co-owners Bud Stockwell and Sydney Flum-Stockwell sold the business to two employees, also a husband-and-wife team. Nate Clifford and Jade Jump [&#8230;]</p>
<p>The post <a href="https://www.beetlepress.com/cornucopia-in-thornes-marketplace-changes-hands/">Cornucopia in Thornes Marketplace Changes Hands</a> appeared first on <a href="https://www.beetlepress.com">Beetle Press</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="alignleft wp-image-6047 size-full" src="http://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409.jpg" alt="" width="1100" height="734" srcset="https://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409.jpg 1100w, https://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409-768x512.jpg 768w, https://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409-150x100.jpg 150w, https://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409-900x600.jpg 900w, https://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409-736x490.jpg 736w, https://www.beetlepress.com/wp-content/uploads/2019/03/nateclifford_jadejump_budstockwell_sydneyflumstockwell-e1553281610409-600x400.jpg 600w" sizes="(max-width: 1100px) 100vw, 1100px" /></p>
<p><i><span style="font-weight: 400;">Bud Stockwell and Sydney Flum-Stockwell sell to employees </span></i><i><span>after nearly 39 years in business</span></i></p>
<p><span style="font-weight: 400;">NORTHAMPTON—Cornucopia, a natural foods store in Thornes Marketplace since June 1980, changed hands for the first time on March 18, when co-owners Bud Stockwell and Sydney Flum-Stockwell sold</span> <span style="font-weight: 400;">the business to two employees, also a husband-and-wife team.</span><span id="more-6046"></span></p>
<p><span style="font-weight: 400;">Nate Clifford and Jade Jump of South Hadley bought Cornucopia and Stockwell’s secondary business, Heavenly Chocolate, also in Thornes, for an undisclosed amount. Clifford has worked at Cornucopia since October 2015, starting as a grocery buyer and quickly becoming general manager. Jump works in marketing for Cornucopia and is overseeing a rebrand for the store, complete with a new website and signage.</span></p>
<p><span style="font-weight: 400;">They have had their eye on ownership for several years.</span></p>
<p><span style="font-weight: 400;">“These two are the real deal,” Stockwell, 66, says, noting that he identified early on in Clifford’s employment that Clifford was an excellent candidate for an ownership transition. “Nate and Jade have a vision that meshes with ours. We wouldn’t have sold the store to someone who didn’t share our values. Plus, they have a lot of energy and are not afraid to try new things. Being younger, they have their fingers on the pulse. I look forward to seeing what they do with it.”</span></p>
<p><span style="font-weight: 400;">Clifford, 36, and Jump, 34, are nervous and excited about the endeavor, but they are clear the decision was right for them, the store, Thornes, and the wider community. “We’re the right people at the right time for this transition,” Clifford said. “We’re looking forward to making it happen and having a good time.”</span></p>
<p><span style="font-weight: 400;">As part of the sale agreement, Clifford and Jump will also take ownership of Heavenly Chocolate, on the main floor of Thornes Marketplace, which Stockwell founded in 2007 because he was looking for a new challenge.</span></p>
<p><span style="font-weight: 400;">Under the terms of the sale, Stockwell will continue to be involved in the businesses for at least one year on an as-needed basis to assist Clifford and Jump with decision-making, trouble-shooting, training and oversight.</span></p>
<p><span style="font-weight: 400;">“It’s my baby,” Stockwell said, noting he feels bittersweet about the move but feels the call to retire. “I would anticipate that whatever help they need, I’ll be here to offer it.”</span></p>
<p><span style="font-weight: 400;">Clifford said, “It’s an incredible, beautiful thing that we will have Bud here and available to us to help us avoid mistakes and pitfalls. We’re excited to have access to his brain.”</span></p>
<p><span style="font-weight: 400;">Richard Madowitz, Thornes owner and property manager, remembers Stockwell and Flum-Stockwell from the very start of the Thornes we know today. “Their contributions to Thornes and downtown Northampton cannot be overstated,” Madowitz said.</span></p>
<p><span style="font-weight: 400;">He noted that customers and fellow merchants alike will miss Stockwell—“an extremely talented and intellectually bright retailer&#8221; who offered guidance to many retailers in Thornes who were trying to solve vexing business issues. “Bud was always willing to assist our younger entrepreneurs.”</span></p>
<p><span style="font-weight: 400;">Madowitz also welcomed Clifford and Jump as tenants of Thornes. “We are glad they decided to join the Thornes community of energetic, talented and youthful entrepreneurs who we hope will become leaders in the Northampton community.”</span></p>
<p><span style="font-weight: 400;">Stockwell said that he will miss so many of Cornucopia’s regular customers. “Some of our customers from the early days have their grandchildren shopping here,” he said.</span></p>
<p><span style="font-weight: 400;">Clifford and Jump moved from the eastern part of the state in the fall of 2015. They both had worked at Cambridge Naturals, a small, independently owned natural foods store similar to Cornucopia, and looked for a like-minded business in this region. </span></p>
<p><span style="font-weight: 400;">Stockwell said he knew early on that Clifford and Jump were great candidates for buyer for their enthusiasm, openness to change, and their value system. “I felt this was the team that had the chops to run this business,” he said. “Nate and Jade have similar ethics around products and quality control,” Stockwell added. “I feel the store will continue in a way I can feel good about.”</span></p>
<p><span style="font-weight: 400;">The Stockwells opened Cornucopia on June 20, 1980, to provide high-quality natural foods, reduce packaging and serve as a resource for customers. “At that point, natural foods was a new concept,” Stockwell said, noting people who supported natural foods were often derisively called “fruits and nuts.” “The natural foods movement has come a long way.</span></p>
<p><span style="font-weight: 400;">“This business has never been just a business of transactions,” he added. “It’s been, to me, a way of changing the world, changing the climate and thinking around healthy food. Nate and Jade will definitely keep the standards high and continue to have the most knowledgeable customer service team available.”</span></p>
<p><span style="font-weight: 400;">Cornucopia was the first business on Thornes’ lower level, which Stockwell said was terrifying at the time, as there was no other draw to bring customers downstairs. In the early years, Stockwell ran the business with Flum-Stockwell, and his mother and grandmother also helped when needed.  </span></p>
<p><span style="font-weight: 400;">The business now has 25 employees, 10 of whom are full time. </span></p>
<p><span style="font-weight: 400;">Clifford said he and Jump have some plans and ideas for change at Cornucopia, such as expanding the body care and supplements selections and partnering with more local food suppliers. They also plan to bring back prepped foods, such as sandwiches, which they will prepare in the Heavenly Chocolate kitchen.</span></p>
<p><span style="font-weight: 400;">Madowitz said, “Bud Stockwell has been a quiet pillar in our local business community leading by taking a thoughtful and balanced approach to the wellness of Northampton.” </span></p>
<p><span style="font-weight: 400;">Stockwell says, “I genuinely do feel proud to have been part of the community for so many years. I love Northampton. It’s such a special city. I feel blessed that I’ve been able to be a part of the vibrancy of it.”</span></p>
<p><span style="font-weight: 400;">Likewise, Jump said, “We want to double down on being involved in the community. We want to be present and involved. We’ll continue to be a dynamic place for downtown Northampton.”</span></p>
<p><span style="font-weight: 400;">Thornes Marketplace has been the cornerstone of downtown Northampton and at the center of the Main Street shopping district for more than a century. Built in 1873, it holds 55,000 square feet of space for merchants and includes features like pressed tin ceilings and hardwood floors.</span></p>
<p>The post <a href="https://www.beetlepress.com/cornucopia-in-thornes-marketplace-changes-hands/">Cornucopia in Thornes Marketplace Changes Hands</a> appeared first on <a href="https://www.beetlepress.com">Beetle Press</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.beetlepress.com/cornucopia-in-thornes-marketplace-changes-hands/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
