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Runnings announces deal to purchase Home of Economy

FARGO (KVRR-KFGO) – Runnings, a retailer based in Marshall, Minnesota, has announced an agreement to acquire Grand Forks-based Home of Economy, a company with eight stores in North Dakota.

The acquisition expands Runnings to 90 locations, serving customers in 12 states from New York to Montana.

The deal between Runnings and Home of Economy is expected to be completed in September. The stores will remain under the Home or Economy name indefinitely before transitioning to the Runnings brand.

Runnings has a store in Moorhead.

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