Tag: Vapor Corp.

  • Vapor Corp. acquires three retail stores in Georgia, USA

    Vapor Corp., a leading U.S.-based distributor and retailer of vaporizers, e-liquids, e-cigarettes and e-hookahs, has acquired three established retail vape stores in Atlanta, Georgia, USA.

    This three-store chain marks the company’s first retail acquisition outside of Florida and brings the total number of store Vapor Corp. owns to 18. Terms of the transaction were not disclosed.

    These acquisition of the Atlanta stores—coupled with the company’s recently announced acquisitions of retail vape stores in Gainesville, Florida, and Fort Myers, Florida, are central to Vapor Corp.’s aggressive expansion efforts to develop a national footprint throughout the U.S.

    “Following the completion of our capital raise and successful acquisition of several thriving consumer retail operations in Florida, Vapor Corp. has now expanded its footprint into Georgia, a testament to the early success of our national retail expansion efforts,” said Vapor Corp CEO Jeff Holman. “As the [Southeastern United States] has been an area of focus for our growth, it is only natural for Vapor Corp. to expand into Georgia. Not only is it in our backyard, but we have also identified numerous acquisition candidates that satisfy our strict investment criteria.”

    Currently the only pure-play company in the vapor industry that is listed on a major stock exchange, Vapor Corp. plans to increase the number of company-owned retail stores to more than 30 locations by the end of the year. The respective 1,200-square-foot Atlanta stores opened in February 2014, April 2014 and September 2015.

    “These stores have quickly demonstrated their ability to build strong local reputations and gain significant traction with a growing vaping community,” said Holman. “Vapor Corp. expects an immediate ROI from this acquisition as we continue to establish ourselves as the go-to source for the latest, most innovative vaping products available, for both experienced and novice vaping fans across the country. We look forward to advancing our national retail roll-out plan through the end of the year and into 2016.”

  • Vapor Corp. announces organizational restructuring

    Vapor Corp.—a leading U.S.-based distributor and retailer of vaporizers, e-liquids, e-cigarettes and e-hookahs—has announced that it is undergoing an organizational restructuring to maintain its competitiveness and establish its branded products and retail stores in the evolving vapor market.

    Following a recent merger with Vaporin, Vapor Corp. added several new members to its management team, including president and director Gregory Brauser, chief financial officer James Martin and new board member Robert Swayman.

    To further establish its national distribution network, Vapor Corp. has developed new supply deals with key retailers and reorganized inventory in an effort to meet an increasing demand for vapor products. Vapor Corp. also recently opened three new “The Vape Store” locations in Orlando, Florida, and one in Port Charlotte, Florida. The company plans to open an addition 20-30 branded retail “The Vape Stores” before the end of FY 2015.

    “With new management, new stores, new deals and new products, Vapor Corp. is well positioned to rise above the competition and take a leadership role in what is currently a highly fragmented e-cig and vaporizer market,” said Brauser. “Vapor Corp.’s merger with Vaporin served as a catalyst for the company’s future success and has helped to pave the way for us to cast a wider net in the industry. Our goal is to reach new and veteran vaping consumers and continue to spread the word about our stores and our products.”

  • Vapor Corp. opens four new stores in Florida

    Vapor Corp.—a leading U.S.-based distributor and retailer of vaporizers, e-liquids, e-cigarettes and e-hookahs—has opened three additional locations of the company’s “The Vape Store” chain in Orlando, Florida, and acquired an existing store in Port Charlotte, Florida, which has been converted to a “The Vape Store.”

    The addition of these four new stores is part of the company’s planned expansion strategy for “The Vape Store” retail chain, which was recently acquired through a merger with Vaporin, Inc.

    “The opening of these four new stores under ‘The Vape Store’ brand is just the beginning of our expansion strategy to establish a national retail footprint, making us one of the largest operators in the rapidly developing vape shop retail market. We are poised to open another 20 to 30 of our branded retail Vape Stores before the end of fiscal [year] 2015,” said Vapor Corp. CEO Jeff Holman. “The vape shop retail market is highly fragmented, providing our ‘The Vape Store’ brand with an opportunity to serve customers as the retailer that they can trust, with the convenience of multiple locations to buy their favorite brands of vaporizers, e-liquids and accessories.”