The store will be known as Rally House State College.
Fruchtl has been on the Penn State athletic staff since 2021.
The incident came on the same night Gavin McKenna was charged with felony assault.
Six members were reelected in the most recent Board of Trustees meeting.
All operations will be up and running by 1:30 p.m. on Friday, according to the university.
All tests scheduled in the Pollock Testing Center for Thursday night and Friday have been canceled. Penn State will continue to provide updates.