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Breaking News

  • Dollar General Accelerates Expansion on Multiple Fronts as Q3 Comps Dip
    (progressivegrocer.com - 12/2/2021)
  • “We are excited today to announce our real estate growth plans for fiscal year 2022, which consist of nearly 3,000 real estate projects in total, including 1,110 new stores,” Vasos said.  (full story)

  • Twin Peaks Signs Grand Slam Deal to Bring 10 Lodges to Philadelphia
    (restaurantnews.com - 12/1/2021)
  • FAT Brands Inc., parent company of Twin Peaks Restaurant and 14 other restaurant concepts, today announced a 10-store franchise development agreement with Moussa Haidar and Tom Pisula to bring its rugged lodge atmosphere to Philadelphia.  (full story)

  • Shipley Do-Nuts accelerates growth with new state entry
    (nrn.com - 12/1/2021)
  • Longtime Greenwood resident Robert Larkins is the new franchisee. He has plans to open additional Shipley locations throughout South Carolina over the next five years, starting with Spartanburg in 2022.  (full story)

  • Bad Ass Coffee of Hawaii Continues National Expansion in Arizona, Nevada, Florida and Alabama
    (einnews.com - 12/1/2021)
  • With the announcement of the Arizona, Nevada and Florida franchise agreements, Bad Ass Coffee of Hawaii has taken another step toward meeting its goal of opening 150 stores in five years.  (full story)

  • Blaze Pizza Signs Deal to Significantly Expand in South Florida
    (qsrmagazine.com - 12/1/2021)
  • Spearheading this development are seasoned multi-unit operators Asif Ghaffar and Tahir Mahmood of BLD Restaurant Group, who are expanding their existing portfolio with the rapidly-growing pizza franchise.  (full story)

  • Snipes Acquires Jimmy Jazz As It Continues Its Ambitious U.S. Expansion Plan
    (footwearnews.com - 12/1/2021)
  • The global sneaker retailer has signed an agreement to purchase American sneaker chain Jimmy Jazz, which operates over 170 stores in the U.S. The deal, which is expected to close by the end of the year, will grow Snipes’ U.S. retail presence from 100 to almost 270 locations.  (full story)

  • RockBox Fitness Expands to Florida with Six Fitness Studios Opening Soon in the Sunshine State
    (franchising.com - 12/1/2021)
  • With two multi-unit deals signed in recent months, Floridians will soon be able to enjoy the unrivaled RockBox Fitness experience at six locations in the Greater Jacksonville and Greater Orlando communities.  (full story)

  • MOOYAH Plans to Add 54 Locations Across Texas by 2030
    (restaurantnews.com - 11/30/2021)
  • Twenty-three of the brand’s 90 open locations are based in Texas, and MOOYAH’s corporate headquarters is in Plano. Now, the franchise is aiming to close out remaining key markets in its home state with the goal of opening 15 locations in Austin, 3 in Waco, 10 in San Antonio and 15 in Houston over the coming years.  (full story)

  • Velvet Taco sold to Leonard Green & Partners
    (nrn.com - 11/30/2021)
  • “It’s been a great experience in the past growing Velvet Taco from four restaurants to 29 today and we have 17 more company restaurants in the pipeline for 2022/23 and I look forward to continuing leading this great brand to the next level with our new partners.”   (full story)

  • 4 Wheel Parts Opens 100th Store In Frisco Texas On Saturday, December 4
    (wfmz.com - 11/30/2021)
  • "We're thrilled that the opening of our Frisco store will continue to build the 4WP footprint around the US and enable us to continue to offer customers expert product advice and help build their dream vehicles."  (full story)

  • Citi Trends to open 40 stores in 2022
    (chainstoreage.com - 11/30/2021)
  • The retailer ended the quarter with 602 stores in 33 states. It plans to end the fiscal year with approximately 611 stores.  (full story)

  • Shake Shack’s First Drive-Thru Reflects a New Era
    (qsrmagazine.com - 11/30/2021)
  • Shake Shack has pulled up to a pivotal juncture. It expects to open 45–50 company-owned units next year, which would mark the most in a single calendar in brand history.  (full story)

  • How Little Caesars Plans to Bolster Market Share
    (qsrmagazine.com - 11/30/2021)
  • Little Caesars’ announced a series of development goals this year, including 50 more venues in New England, 35 in St. Louis, at least 15 in Denver, 25 in Charlotte, up to 10 in New Orleans, more than 50 in the Pacific Northwest, at least a dozen in New York, and 30 in Tampa Bay.  (full story)

  • Main Squeeze Juice Co. Seeks Expansion in Southern U.S.
    (qsrmagazine.com - 11/30/2021)
  • The brand is seeking multi-unit operators across Florida, Georgia, Tennessee, and Texas to join in the expansion effort. Eyeing the metro areas of Austin, Atlanta, Dallas, Nashville, and Orlando, Main Squeeze Juice Co. hopes to bring up to 10 locations to each territory.  (full story)

  • PetWellClinic Signs Deal in Phoenix
    (franchising.com - 11/29/2021)
  • PetWellClinic, a pet-wellness franchise, has entered into a 16-unit agreement in Phoenix, the company’s first deal in the state of Arizona.  (full story)

  • How Pollo Campero will triple US footprint in 5 years
    (fastcasual.com - 11/29/2021)
  • We aren't looking to grow like crazy or grow just in one market. Our initial focus is corporate growth in California, New York, Chicago and Florida, specifically Miami and Orlando. Our franchise growth is focused on North Florida.  (full story)

  • EarthWise Pet Acquires Pet Pros
    (petbusiness.com - 11/29/2021)
  • EarthWise Pet is continuing its rapid expansion by adding all 18 Pet Pros locations to the EarthWise Pet system. Pet Pros has been owned since 1992 by Harvey and Nancy Peterson.  (full story)

  • Hwy 55 Seeks Operating Partners for Stand-Alone Stores; 20 Planned for 2021-22
    (restaurantnews.com - 11/29/2021)
  • Hwy 55 is currently seeking Operating Partners in its upcoming stand-alone stores – and the company is offering a profit share of up to 50% with no buy-in fees.  (full story)

  • Naf Naf Middle Eastern Grill ‘Fans’ Franchise Expansion Flame with New Deals in the Southeast
    (restaurantnews.com - 11/29/2021)
  • Naf Naf franchisees have already opened seven franchise locations, and with today’s announcement of two new multi-unit development deals in Atlanta and Charlotte, Naf will add 13 new locations to its growing pipeline of restaurants.  (full story)

  • Hai Hospitality plots expansion of Asian-inspired concepts beyond Texas and Florida
    (nrn.com - 11/26/2021)
  • Montero said Hai is targeting three to four new locations for 2022. Some openings planned for 2021 were pushed into next year.  (full story)

  • Foot Locker, Inc. Reports 2021 Third Quarter Results
    (prnewswire.com - 11/26/2021)
  • During the third quarter, the Company opened 32 new stores, remodeled or relocated 29 stores, closed 80 stores, including 32 Footaction closures and 18 conversions, and acquired 93 WSS stores...  (full story)

  • Dollar Tree to increase price point, shares Q3 results
    (storebrands.com - 11/26/2021)
  • In the quarter alone, Dollar Tree opened 125 new stores, expanded or relocated 34 stores, and closed 23 stores. Additionally, the company completed 450 renovations to the Family Dollar H2 or Combo Store formats...  (full story)

  • Natural Grocers Announces Q4 Results, Partnership with RangeMe
    (wholefoodsmagazine.com - 11/26/2021)
  • The company opened one store and relocated/remodeled two stores, ending the quarter with 162 stores in 20 states...Looking to Fiscal 2022, Natural Grocers is expecting 4-6 new stores; 3-4 store relocations/remodels...  (full story)

  • Sun Auto Tire to Acquire Plaza Tire Service
    (moderntiredealer.com - 11/26/2021)
  • Sun Auto Tire & Service Inc. will acquire Cape Girardeau, Mo.-based Plaza Tire Service Inc. from owners Mark Rhodes and Scott Rhodes on Dec. 31. Plaza Tire has 70 locations throughout its native Missouri, plus stores in Illinois, Kentucky and Arkansas.  (full story)

  • Plum Market to Debut in Florida
    (progressivegrocer.com - 11/26/2021)
  • The privately owned independent grocer has more than 25 multiple-format locations throughout Michigan, Illinois, Indiana, Ohio and Texas, with new locations recently revealed in Hollywood, Calif., and Washington, D.C.  (full story)

  • Amazon Fresh Expanding in New England
    (progressivegrocer.com - 11/24/2021)
  • Amazon Fresh is extending into suburbia in other markets, too. Developers in the Lincolnwood suburb of Chicago announced this week the development of a new mixed-use project that includes an Amazon Fresh store, with a planned 2023 opening.   (full story)

  • How dessert franchise Chill-N Nitrogen Ice Cream plans to double in size next year
    (nrn.com - 11/24/2021)
  • Chill-N has eight locations open, with 13 in development — eight of which are set to open in 2022. And Leonardo is setting the brand up with a streamlined, largely automated model that maximizes profitability and appeals to those who are interested in jumping into the franchise game.  (full story)

  • MOOYAH Plans to Add 5 Locations in St. Louis by 2024
    (restaurantnews.com - 11/23/2021)
  • The brand is planning to add five locations across the Greater St. Louis market within the next three years, with room for 22 locations total in the future.  (full story)

  • Wingstop Breaks Into Manhattan, with 20 More Stores on the Way
    (qsrmagazine.com - 11/23/2021)
  • Wingstop's entry into Manhattan follows four record quarters for development—with 49 net new restaurants in Q3 2021—as well as an all-time high development year in 2020 with 153 net new restaurants and more than 700 restaurants commitments from brand partners.  (full story)

  • Burlington Stores See Same-Store Sales Climb 16 Percent Against Q319
    (sgbonline.com - 11/23/2021)
  • The company now expects to open 101 new stores, while relocating or closing 24 stores, for a total of 77 net new stores in Fiscal 2021.  (full story)

  • Club Champion Opens In Three New Markets
    (sgbonline.com - 11/22/2021)
  • Custom club fitter Club Champion announced the opening of three new fitting studios, located in Dallas, TX; Columbia, SC; and Little Rock, AR. The studio in Little Rock is the first Club Champion studio in the state of Arkansas.  (full story)

  • Utah Buzzes With Excitement as Mountain Mike’s Continues Its Expansion Throughout the Beehive State
    (restaurantnews.com - 11/22/2021)
  • The acclaimed pizza brand has proudly announced a multi-store deal with RVTC Enterprises LLC – owned by Utah residents and prominent area dairy farmers, Robert Viveiros and Tony Cabral. The agreement paves the way for Mountain Mike’s Pizza to add five stores throughout Utah County.  (full story)

  • FAT Brands to Purchase Native Grill & Wings for $20 Million
    (fsrmagazine.com - 11/22/2021)
  • “The Native Grill & Wings system is poised for a breakout to the next level, and FAT Brands has the resources and experience that can take it there. We are pleased to pass the baton to FAT Brands for the benefit of the system,” Joe O’Hara, managing partner of Cybeck Capital Partners, said in a statement.  (full story)

  • Sampson-Bladen Oil Acquires 19-Store Chain
    (cspdailynews.com - 11/22/2021)
  • Sampson-Bladen Oil Co. Inc. and its affiliates have acquired the assets of Rusher Oil Co. and Rushco Food Stores Inc. Rushco Food Stores Inc. operated 19 branded convenience stores under the name Rushco Markets.  (full story)

  • Percheron/Big Brand Acquires American Tire Depot's Retail Stores
    (moderntiredealer.com - 11/22/2021)
  • Percheron Capital, the parent company of Big Brand Tire & Service, has acquired American Tire Depot's retail stores. Based in Vernon, Calif., American Tire Depot has 107 retail outlets, according to the 2021 MTD 100.  (full story)

  • Urban Outfitters, inc Q3 2022 Earnings Call Transcript
    (fool.com - 11/22/2021)
  • We are planning on opening approximately 56 new stores and closing 21 stores for the entire fiscal year. Our new store opening number does not include franchise partner locations in international markets.  (full story)

  • A big deal for R.P. Lumber
    (hbsdealer.com - 11/19/2021)
  • Headquartered in Aurora, Ill., Alexander Lumber is a 130-year-old family-owned company operating locations in Illinois, Wisconsin and Iowa. The transaction, financial terms of which were not disclosed, is expected to close Dec. 3.  (full story)

  • Ace Hardware Reports Third Quarter 2021 Results
    (prnewswire.com - 11/19/2021)
  • Ace added 48 new domestic stores in the third quarter of 2021 and cancelled 18 stores. The Company's total domestic store count was 4,759 at the end of the third quarter of 2021...  (full story)

  • Why The TJX Companies Stock Jumped 10% at the Open Today
    (nasdaq.com - 11/19/2021)
  • The company opened 19 new stores in the quarter and management believes it has ample inventory for the key holiday selling season...  (full story)

  • Fuzzy's Taco Shop Lays Out Plan for Experiential Empire
    (qsrmagazine.com - 11/19/2021)
  • The long-term goal is to double in size to more than 300 locations in the next five years, and Damico feels that’s well within reach with the current franchise sales and marketing teams in place.  (full story)

  • Shipley Do-Nuts Inks Deal for 25 New Stores in Dallas-Fort Worth
    (qsrmagazine.com - 11/18/2021)
  • Shipley Do-Nuts, a leading do-nut restaurant franchisor and manufacturer of specialty food products, continues its rapid growth with a new franchise agreement with HPL Capital LLC that will open 25 new locations throughout the Dallas-Fort Worth area.  (full story)

  • Slim Chickens Expanding into Dallas
    (franchising.com - 11/17/2021)
  • Slim Chickens announced today it has inked a deal to bring 10 locations to cities throughout greater Dallas. Farouk Jamal and Ali Poonja of Slim Brothers will be bringing the restaurants to Collin and Denton Counties in Q4 of 2022.  (full story)

  • FASTSIGNS Achieves Record Growth in 2021
    (franchising.com - 11/17/2021)
  • FASTSIGNS has experienced strong double-digit growth and is expected to exceed more than 15% comp sales in 2021 and continues to expand the franchise network, awarding more than 25 this year to develop locations in markets such as Southern CA, Western Canada, and Florida.  (full story)

  • Black Rock Coffee Bar Reaches a Key Milestone as it Opens its 100th Store in the U.S.
    (bluemountaineagle.com - 11/17/2021)
  • Black Rock Coffee Bar, the popular Oregon-based boutique coffee chain that is known for its premium roasted coffees, teas, smoothies and flavorful drinks, celebrates a momentous occasion with the opening of its 100th store in the U.S. in Chandler, Arizona.  (full story)

  • Oath Pizza readies for growth
    (pizzamarketplace.com - 11/17/2021)
  • Our franchise interest has been very strong on both coasts, as far west as California, and that's particularly interesting. We've had a number of interesting inquiries on the Eastern seaboard, South Carolina, Florida, Texas and Georgia.  (full story)

  • Goldfish Swim School Reports Record-Breaking Performance and Immense Growth in 2021
    (franchising.com - 11/17/2021)
  • The leading swim school franchise is projected to close out 2021 with 11 signed agreements comprised of 30 schools, 13 new openings, with five more projected to open in Q1.  (full story)

  • Belle Tire Enters Chicago Market with Two New Stores
    (moderntiredealer.com - 11/16/2021)
  • The dealership plans to open 60 Illinois stores over the next three years. The expansion is expected to create 1,000 jobs "and make an economic impact of $325 million in the region," according to Belle Tire officials.  (full story)

  • East Coast Wings + Grill breaks into South Carolina with new franchise agreement
    (nrn.com - 11/16/2021)
  • The South Carolina franchise agreement follows the brand’s recent investments and focus on franchise sales and expansion strategy, which included a refreshed website and several measures to reduce overhead and further strengthen unit economics.  (full story)

  • True North Energy Acquires Titletown Oil
    (cstoredecisions.com - 11/16/2021)
  • True North indicated the company will be rebranding Titletown’s Grand Central Station convenience stores to its flagship truenorth brand in the coming months.  (full story)

  • Dog Haus unleashes five new franchises in Milwaukee, Waukesha
    (onmilwaukee.com - 11/16/2021)
  • ROC Ventures plans to open five Dog Haus locations throughout the Milwaukee and Waukesha areas, with the first set to open in the summer of 2022 at the multimillion-dollar Ballpark Commons development, Milwaukee’s newest mixed-use entertainment district.  (full story)








     

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