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Phenix Salon Suites Attracts Multi-Unit Developers Amid Booming Suite Leasing Industry
(franchising.com - 9/18/2020)"As Phenix Salon Suites has experienced incredible growth throughout 2020 with 19 new salons opening since March alone, we’re very excited with the accelerated growth planned for the brand through 2021," said Brian Kelley, President & COO of Phenix Salon Suites. With a robust pipeline in place, the brand anticipates signing 50 new deals before the end of the year and 80-100 additional deals by the end of 2021. (full story)
LunchboxWax Breaks into Milwaukee: Signs Agreement for First Three Locations in the Region
(franchising.com - 9/18/2020)Expanding rapidly across the Midwest, the premier full-service, speed-waxing salon announced its first Wisconsin-based signed agreement with longtime Milwaukee resident Holly Miller to open three locations in the state. The first Milwaukee salon is expected to open summer of 2021.
(full story)
Under Construction: Stewart's Shops Steps Up the Pace to Open 20 Stores in 2020
(csnews.com - 9/18/2020)The convenience store operator's growth strategy calls for 20 new stores in 2020. The first five — including a 4,186-square-foot "Super Stewart's" — are already ringing up customers. The latest New York locations are in Albany, Port Henry, Rotterdam, Schodack and Clifton Park. (full story)
Wayback Burgers Continues to Expand, Innovate, and Give Back
(restaurantnews.com - 9/18/2020)The year 2020 has been one for the history books, and that is no different for Wayback Burgers. Despite the pandemic, Wayback Burgers has awarded eleven new franchises to date.
(full story)
Jack Williams Tire Opens 1st of 3 New Stores
(moderntiredealer.com - 9/18/2020)The store has been freshly updated and remodeled, and gives Jack Williams Tire three locations in Lackawanna County. Additionally, the company has more plans for growth in the near future. Jack Williams Tire says it will open two more retail locations over the next few months.
(full story)
Tractor Supply Hits 1,900th-Store Mark
(retailleader.com - 9/17/2020)During the pandemic, some retail operations continue to grow, and the latest example of that comes from Tractor Supply Co., which has just opened its 1,900th store... (full story)
The Brass Tap Continues To Grow Throughout Texas, Opening A New Location In Rockwall
(frontporchrockwall.com - 9/16/2020)Entrepreneurs Ridham Bhatt, Kirat Shahiwala and Ravi Patel have signed on to bring The Brass Tap, to five new locations throughout the Greater Dallas area with the first location set to open in Rockwall, Texas. The group plans to expand their four additional stores across Plano, Sachse, Sherman and The Colony.
(full story)
Squisito Pizza & Pasta: Please don't call it just a pizzeria
(pizzamarketplace.com - 9/16/2020)They will add three more Squisito, Too locations in Tennessee and Washington, D.C. by year's end. By the end of 2021, the DiMeos plan to double the size of the two concepts to 24 locations with openings slated for New Jersey, New York, Delaware and Connecticut.
(full story)
Wegmans’ N.C. Entry Is Its ‘Fastest and Most Aggressive’
(winsightgrocerybusiness.com - 9/16/2020)Rochester, N.Y.-based grocer is expanding in the state, including a location in Chapel Hill and another in Wake Forest. The company has also confirmed with WGB that two additional North Carolina stores - one in Cary and another in Holly Springs - are planned for the future. (full story)
Kimbrell’s completes three-part store opening
(furnituretoday.com - 9/15/2020)All located in former Toys R Us buildings, the new stores are the largest of the Charlotte, N.C.-based Top 100 company’s locations - which compares with to a roughly 25,000-square-foot average for Kimbrell’s stores - with the Wilmington location coming in at 45,000 square feet, as is its earlier opened Jacksonville, N.C., sibling, the first of the three to open.
(full story)
Flywheel Files For Bankruptcy, To Close Locations
(sgbonline.com - 9/15/2020)Flywheel Sports Inc., the cycling studio, has reportedly filed for Chapter 7 liquidation with a plan to close its remaining 28 locations. The company filed for chapter 7 protection in U.S. Bankruptcy Court in New York after closing all its gyms, according to the Wall Street Journal.
(full story)
Cracker Barrel Reports Fourth Quarter And Full Year Fiscal 2020 Results
(restaurantnewsresource.com - 9/15/2020)In fiscal 2021, the Company anticipates capital expenditures of approximately $100 million, and it expects to open three new Cracker Barrel stores and up to 15 new Maple Street units. (full story)
Bubbakoo’s Burritos Awards Milestone 100th Location
(qsrmagazine.com - 9/15/2020)By the end of 2020, they intend to open 20 new locations, spreading the Bubbakoo’s brand to several new states in the process and introducing new customers to the Bubbakoo’s way. (full story)
Back Yard Burgers Expanding to Gastonia with New Prototype
(qsrmagazine.com - 9/15/2020)Back Yard Burgers is expanding to Gastonia, North Carolina, with the introduction of a new restaurant prototype. The company also has plans to open additional locations across the Carolinas in the coming months. (full story)
Paris Baguette Advances West Coast Presence With Two New Franchise Deals in California
(businesswire.com - 9/15/2020)Paris Baguette, announces its strengthened presence on the West Coast with the signing of two new franchise deals in Brea and West Covina, California. With over 10 years of success in the United States, this agreement will mark the brand’s 20th and 21st locations, respectively, in the Los Angeles area. (full story)
Sheetz to Add 60 New Stores in Columbus Market
(cspdailynews.com - 9/14/2020)The company broke ground on its first two locations in the Columbus area - in Obetz and Delaware - the first of more than a dozen Sheetz locations planned to open between April 2021 and December 2021 in the market. Beginning in 2022, Sheetz plans to open approximately a dozen new stores annually in the Columbus area through 2025. (full story)
Goldfish Swim School Announces Multi-Unit Agreement Bringing Seven New Schools to New York
(franchising.com - 9/14/2020)BHB Group opened the first Goldfish Swim School franchise location in Farmington Hills, MI. Seeing the true strength of the brand, the group embarked on several additional development deals and now operates 13 schools across five states, with two schools already open and operating in New York in Garden City and Farmingdale. (full story)
Donatos Pizza Expands Amid Pandemic
(qsrmagazine.com - 9/14/2020)Since April, when the pandemic initially peaked, Donatos has opened seven new restaurants in four states. “As the COVID-19 pandemic continues to challenge businesses in many ways, we’ve been able to do extraordinarily well considering the circumstances,” said Donatos Vice President of Development & Franchising Jeff Baldwin. (full story)
Valvoline to Expand Company-Owned Quick-Lube Network with Acquisition of 14 Service Centers in Texas
(franchising.com - 9/14/2020)The company has signed a definitive agreement with Kent Lubrication Centers Ltd. (doing business as Avis Lube) to purchase its existing quick-lube centers which will be rebranded as Valvoline Instant Oil Change service centers. This acquisition is expected to close in the company's first quarter of fiscal 2021.
(full story)
New York Sports Club owner files for bankruptcy, with gyms hit by pandemic
(cnbc.com - 9/14/2020)“Our members will not recognize a break in service,” Town Sports said in a statement on its website. “Town Sports International is not going out of business. Restructuring is the best way to properly respond to the Covid-19 pandemic, with the long-term goal to emerge as a thriving powerhouse ... as an even stronger company.” (full story)
Batteries Plus Poised for Expansion Due to Essential Demand for Batteries, Lights and Repairs
(news-shield.com - 9/14/2020)Batteries Plus, the nation's largest and fastest-growing battery, light bulb, key fob and repair franchise, has generated 12 new franchise agreements in 2020 and is on track to sign over 20 new franchise agreements by year-end. (full story)
I Heart Mac & Cheese Crosses 100-Unit Milestone
(qsrmagazine.com - 9/14/2020)I Heart Mac & Cheese, a fast-casual concept specializing in made-to-order, fully customizable build your own bowls and grilled sandwiches, has announced that over the past thirty days, the company has executed 20 new franchisee agreements—spanning nine states from California to the Carolinas. (full story)
Huey Magoo’s to Grow in Tennessee, South Carolina, and Georgia
(qsrmagazine.com - 9/14/2020)Huey Magoo’s will open five new restaurants in Tennessee, including cities Chattanooga, Cleveland and Charleston, eight new restaurants in South Carolina, including cities Charleston, Mount Pleasant and Columbia and five new restaurants in Georgia, including cities Milledgeville, Statesboro, Centerville and Warner Robins. (full story)
Slim Chickens' expansion moves ahead
(arkansasonline.com - 9/13/2020)Plans are to push into New Jersey, Maryland and Washington next year and include opening the brand's eighth location in the United Kingdom, Tom Gordon, Slim Chickens' chief executive officer, said in a recent interview. The company has opened more than 100 stores and recently began a growth plan with a goal of opening 600 restaurants in the next decade. (full story)
Convenience store chain leases space in City Park West for new store concept
(kdvr.com - 9/12/2020)The City Park West store, and another slated for Riverfront Park, are among five such stores the company expects to open this year. The others are in Omaha and Des Moines and Ames, Iowa. (full story)
Smoothie King Aims to Elevate the Fitness Journey
(qsrmagazine.com - 9/11/2020)The company opened its 1,200 location in Royal Oak, Michigan, on August 18. In Q1 and Q2, a combined 26 stores opened; the expectation is to open 80 by the end of 2020. In addition, Smoothie King has signed more than 35 franchise agreements, which will lead to the opening of more than 50 stores. (full story)
Zumiez Inc. Shows Market How To Manage Through A Pandemic; Shares Surge Double Digits
(sgbonline.com - 9/11/2020)Zumiez now expects to open approximately 10 new stores in 2020, including two stores in North America... (full story)
My Salon Suite on Track for Rapid Franchise Development Growth in 2020
(benzinga.com - 9/11/2020)As of August 14, 2020, My Salon Suite reported 168 active locations. By December 31, 2020, My Salon Suite expects to have 200 active locations. In 2021, My Salon Suite aims to open 60 additional units. (full story)
5 Things To Know About Atomic Wings
(restaurantbusinessonline.com - 9/11/2020)The fast-casual wing chain currently has 11 units clustered in the Northeast, with 16 more stores in the development pipeline (10 of which have been signed during the pandemic). (full story)
J. Crew exits bankruptcy
(retaildive.com - 9/11/2020)J. Crew has officially exited bankruptcy and says it is "well positioned for long-term growth,"... (full story)
Dickey’s Barbecue Pit Marches Into New Orleans With Three More Units
(franchising.com - 9/11/2020)Seasoned Dickey’s franchisee and multi-unit New Orleans, LA Owner/Operator Robert Dunning is expanding his presence in the market and developing three additional units with all of the new locations set to open in 2021. (full story)
Five Below Proudly Announces Opening Of 1000th Store
(prnewswire.com - 9/11/2020)Five Below, is pleased to announce the opening of its 1000th store in Houston, Texas at Brookhollow Marketplace, 4514 Dacoma, Houston, TX today. This marks the 15th Five Below in the Houston metro area and the 111th store in Texas, Five Below's largest state.
(full story)
Teriyaki Madness is Bringing the Madness to Wisconsin with Five Locations in Greater Milwaukee Area
(franchising.com - 9/10/2020)This week, the franchise has announced its first foray into Wisconsin, with five new locations set to open by the end of 2020, plus a sixth in Illinois. (full story)
Papa John’s Announces Significant Development Deal To Expand In Philadelphia Area
(franchising.com - 9/10/2020)Under the agreement, HB Restaurant Group, which currently owns 43 restaurants in the Mid-Atlantic area and has been a Papa John’s franchisee since April 2019, is to open 49 new stores in Philadelphia and southern New Jersey between 2021 and 2028. (full story)
Buff City Soap Continues Tennessee Takeover
(franchising.com - 9/10/2020)The brand - which was founded in Bartlett - has undergone rapid expansion throughout the Southern marketplace, recently opening several stores in Kentucky and Indiana. (full story)
Fajita Pete's Partners With Alkire Lake Capital, Lone Palm Hospitality LLC To Accelerate Expansion
(franchising.com - 9/10/2020)Fajita Pete's, a concept known for its "fresh off the grill" fajita delivery, has signed agreements with brothers Manish and Manjul Agrawal of Alkire Lake Capital and Christopher Enright of Lone Palm Hospitality LLC to open eight new restaurants across Texas as a part of the brand's expansion that will triple its restaurant count from 16 to 50 in the next three years. (full story)
Century 21 Goes Bankrupt
(footwearnews.com - 9/10/2020)The department store announced today that it has voluntarily filed for Chapter 11 protection in the United States Bankruptcy Court for the Southern District of New York. It also filed motions to start going-out-of-business sales at its 13 locations across New York, New Jersey, Pennsylvania and Florida. (full story)
Mall Giants Strike $800M Deal for JCPenney
(cpexecutive.com - 9/10/2020)In a statement, JCPenney CEO Jill Saltau described the deal as the best way to keep the most stores open, maximize shareholder value and position the brand for the future. (full story)
Casey’s first-quarter results includes 40% increase in diluted earnings
(businessrecord.com - 9/9/2020)The company opened nine new stores in the first quarter and had 20 under construction... (full story)
WS Development Acquires The Paper Store Following Retailer’s Chapter 11 Filing
(rebusinessonline.com - 9/9/2020)The Paper Store, which employs about 2,000 people, will continue to operate its stores. WS Development holds a portfolio of 95 commercial properties totaling more than 27 million square feet across the country. (full story)
Chicken Salad Chick Expanding in North Carolina with Cary Opening
(qsrmagazine.com - 9/9/2020)The Cary restaurant is owned and operated by first-time Chicken Salad Chick franchise owners John Schuster and Mike Saccone of S&S of Waverly Enterprises, LLC. Following the opening of the Cary restaurant, Schuster and Saccone plan to open six additional Chicken Salad Chick locations in the Tri-County area over the next few years. (full story)
Urban Air Announces New Franchise Development Incentives
(franchising.com - 9/9/2020)This news comes as Urban Air continues to rapidly expand across the country, opening over 50 parks in 2019, and 18 new locations during the first half of 2020. With another 16 parks scheduled to open before year-end, Urban Air will surpass a system wide total of more than 150 open locations.
(full story)
Main Squeeze Juice Co. Coming to Hattiesburg
(franchising.com - 9/9/2020)The new 1,500 square foot store, slated to open at The District at Midtown in October, will be owned and operated by Dr. Jeff Wilson, a Urologist at Hattiesburg Clinic, and his wife, Katey. This marks the first of 10 total stores the Wilsons are committed to opening throughout Mississippi, Alabama and Tennessee. (full story)
American Eagle Closing Up to 50 Stores This Year
(sourcingjournal.com - 9/9/2020)Aerie opened 12 net new stores in the period, and American Eagle had seven net store closures... (full story)
Another Broken Egg Cafe Opening Soon in Columbia, S.C.
(franchising.com - 9/9/2020)"We're thrilled to be opening a corporate-owned cafe in a new part of South Carolina," said Paul Macaluso, President and CEO of Another Broken Egg of America Franchising, LLC. "The new location will give us the opportunity to grow in a new community and lead the way for many more planned to open heading into 2021 and beyond." (full story)
Levin Leichtman Acquires Tropical Smoothie Café
(qsrmagazine.com - 9/8/2020)The chain’s success is coming off a 2019 in which it recorded eight straight years of same-store sales growth and opened a record-breaking 124 units and signed 213 franchise agreements. In the past three years, Tropical Smoothie’s footprint has skyrocketed 54.6 percent. The company’s goal is to reach 1,500 units and an AUV of $1 million in the next five years. (full story)
Finding No Acceptable Offers For The Business, Luby's Decides To Liquidate
(restaurantbusinessonline.com - 9/8/2020)Luby’s said its board has approved a plan to liquidate the company through the sale of its real estate and other assets, which include the Luby’s Cafeterias and Fuddruckers brands. (full story)
Lululemon quarterly sales top expectations, CEO ‘cautiously optimistic’ for rest of 2020
(cnbc.com - 9/8/2020)It is one of the few companies that sells clothing that is still looking to open new stores, aiming for 30 to 35 new locations this fiscal year... (full story)
Target Just Dropped A MAJOR Bombshell & People Are Freaking Out
(shefinds.com - 9/4/2020)No worries, the company announced on its its second quarter earnings call that it expects to open 27 new stores before the end of the year... (full story)
Costco Opens in Multiple Markets in U.S. and Canada
(andnowuknow.com - 9/4/2020)The wholesale retail giant has either opened up or has begun construction on six new locations in North Dakota, Colorado, and Minnesota in the U.S, and Ottawa and Alberta in Canada.
(full story)
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