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- Pei Wei Puts Preparation, Quality First in New Design
(qsrmagazine.com - 6/21/2018) For Pei Wei, though, June 14 marked the most notable physical manifestation of its solo act to date. That’s when the brand morphed its Restaurant Support Center flagship location, in Las Colinas, Texas, into the first installment of a prototype Pei Wei believes will anchor future growth, expected to ignite again in ... (full story)
- Millstone Capital Advisors Buys 13-Unit Native Foods Café
(qsrmagazine.com - 6/21/2018) Native Foods Café’s management team, led by president and restaurant-industry veteran Scott McDonnell, will continue to build the brand following the acquisition. (full story)
- From Passion to Progress, Ono Hawaiian BBQ Keeps Growing
(qsrmagazine.com - 6/21/2018) Ono’s immediate future involves expansion within California and Arizona. We’re moving towards the central area of the state, and entering markets like Bakersfield, Modesto, etc. From there, we’ll continue to grow within Northern California and Phoenix as well—with those markets being the priority. As far as the next five years ... (full story)
- Will Bed Bath & Beyond’s Revenue Rise in Fiscal Q1 2018?
(marketrealist.com - 6/20/2018) For fiscal 2018...management expects to open 20 new stores, primarily buybuy BABY and Cost Plus World Market stores... (full story)
- Donatos to build 3 in Savannah
(pizzamarketplace.com - 6/20/2018) Donatos Pizza has signed an agreement to build three restaurants in Savannah, Georgia, over the next several ... (full story)
- Mod Pizza opening 4 units in Dallas-Ft.Worth
(pizzamarketplace.com - 6/20/2018) Mod, which has more than 40 locations across the state of Texas, has made a commitment to build a meaningful presence in the greater Metroplex area. (full story)
- Valvoline Endorses Quick-Lube Model, Opens 4 VIOC Centers
(nasdaq.com - 6/19/2018) During the first half of fiscal 2018, the company added 14 new stores while anticipates adding another 22 new stores in the second half... (full story)
- Starbucks To Close 150 U.S. Stores as Sales Growth Underwhelms
(fortune.com - 6/19/2018) Density is becoming a problem as stores cannibalize each other’s business. So Starbucks said on Tuesday that it would close U.S. 150 stores, about triple the number it usually shutters annually. The overall number of stores will continue to increase, but that growth will be focused. (full story)
- AutoZone Rides on Store Openings, Expenses a Woe
(zacks.com - 6/19/2018) In third-quarter 2018, the company opened 26 new stores and relocated one in the United States... (full story)
- Vintage Capital to buy Rent-A-Center for $1.37 billion
(cnbc.com - 6/18/2018) Rent-A-Center said on Monday it would be taken private by buyout firm Vintage Capital Management in a deal that values the rent-to-own furniture retailer at $1.37 billion, including net debt. (full story)
- Inside the Blazing Growth of Wayback Burgers
(qsrmagazine.com - 6/18/2018) ... in 2008, Wayback Burgers had 10 restaurants—eight company-run stores and two franchises. They took a year to solidify operations before embarking on a growth tear few brands in its space could rival. Fast forward to the end of 2017 and there were 155 stores across 29 states in the U.S. ... (full story)
- So You Want To Be A Landlord? Five Considerations Before You Buy
(forbes.com - 6/18/2018) Real estate is an attractive investment for many reasons, but there are challenges to go along with the upsides. If you are looking at rental real estate as an investment option, be sure to consider these five things before you buy. (full story)
- Pinch A Penny Pool Patio and Spa Grows Texas Footprint with Three New Stores
(prnewswire.com - 6/18/2018) Pinch A Penny Pool Patio and Spa plans to open two additional Texas stores in the Dallas market bringing its total number of Texas stores to 14 by the end of the second quarter of 2018... (full story)
- O'Reilly to Benefit From Aggressive Store Openings
(nasdaq.com - 6/18/2018) In 2017, O'Reilly opened 198 new stores. In first-quarter 2018, the company opened 78 stores... (full story)
- Transparently healthy
(stores.org - 6/18/2018) The Charlotte, N.C.-based chain opened its first store in June 2015 and is on target to end this year with 75 stores in 15 states. The plan is to quickly have stores open “from coast to coast,” says co-founder and CEO Landon Eckles. (full story)
- It’s Going To Take More Than A Cheesecake Factory To Save The Mall Food Court
(bisnow.com - 6/17/2018) The market is adjusting in favor of independent restaurants and fast-casual brands with organic or local ties that millennials crave. Fast-casual, upscale-casual and fine dining were the restaurant industry’s leading performers in 2017 and have continued to post strong sales in 2018.
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- Retail is changing, not dying
(normantranscript.com - 6/17/2018) “One of my takeaways is retail is not dying, but boring retail is dying,” Kaplan said. “Retail technology has grown. It’s everything from robotic security guards that can roll through your shopping center to a box that grows food in a vending machine. It really changes the way we think about retail.” (full story)
- H&R Block Is Closing 400 Locations
(fortune.com - 6/15/2018) H&R Block, the tax preparation firm with nearly 10,000 locations nationwide, announced on Tuesday that it would close 400 locations amid a disappointing financial outlook for the rest of 2018. (full story)
- Discovery Point's Cliff Clark on 30 Years of Excellence
(franchising.com - 6/15/2018) Our plans for the coming years include expanding in existing and new markets we are not yet serving. We look regularly to find new markets where the Discovery Point philosophy can bring the same high level of quality to those areas. (full story)
- Hwy 55 Burgers, Shakes & Fries to Open First Location in the West With Helena, Montana Opening on Ju
(franchising.com - 6/15/2018) Hwy 55 Burgers, Shakes & Fries, the highly-decorated brand in the restaurant industry and franchising community, is expanding its impressive growth to the Big Sky County and bringing its All-American, retro-themed diner to Montana ... plans to open approximately 25 locations in 2018. (full story)
- National arts and crafts retailer A. C. Moore opening first Ohio store in Columbia Twp.
(cincinnati.com - 6/15/2018) The Cincinnati store opening is part of a reinvigorated retail strategy that includes the opening of 13 new locations, including six Ohio stores, by the end of 2018. (full story)
- Submarine House saw same-store sales triple overnight after converting to a bar and grill concept.
(franchising-today.com - 6/14/2018) The company now has three sandwich restaurants left over from when Gary led the company and six bar and grills, with three more in the works. Going forward, Submarine House will build only ... (full story)
- Punch Bowl Social to debut new compact location
(nrn.com - 6/14/2018) Thompson plans to grow Punch Bowl Social with a combination of large and small locations in Texas, Florida, Utah, Washington D.C., Colorado, Missouri, Wisconsin and Arizona markets. (full story)
- Angry Crab Shack Spices Up U.S. Market with National Franchise Opportunities
(franchising.com - 6/14/2018) Targeted franchise expansion states include Arizona, Colorado, Nebraska, Nevada, New Mexico, as well as Utah in 2018. (full story)
- Kroger Exiting Raleigh-Durham Market; Food Lion, Harris Teeter Among Buyers
(theshelbyreport.com - 6/13/2018) Kroger Mid-Atlantic has announced it will exit the Raleigh-Durham, North Carolina, market on or about Aug. 14, closing its 14 stores. The company is currently under contract with Food Lion for one store, Crunch Fitness for one store, and Harris Teeter—a Kroger subsidiary—for eight stores. (full story)
- Yesway Expands Texas Portfolio
(cspdailynews.com - 6/13/2018) Convenience-store retailer Yesway has acquired 13 Chisum Travel Center and Fast Stop convenience stores in Texas. The company said it expects its portfolio to grow to 150 stores within the next four to six weeks with the additional stores it currently has under contract to acquire, putting it on track to reach its goal of building a 500-location chain over the next several years. (full story)
- GPM Begins Operation of 1 Stop C-Stores
(cspdailynews.com - 6/13/2018) GPM Investments LLC has taken ownership of 11 1 Stop convenience stores with fuel sales in Michigan from DMJ Corp. It is GPM’s third acquisition in 2018. This growth will further develop GPM’s existing portfolio in the Midwest region, the company said. (full story)
- The Walking Company Chapter 11 Plan of Reorganization Approved by U.S. Bankruptcy Court in Delaware
(nasdaq.com - 6/13/2018) Certain Company shareholders have committed to invest $10.2 million in new equity into the Company and Wells Fargo Bank will provide "exit" financing that, in addition to the Company's ongoing cash from operations, will allow The Walking Company to move forward as a substantially stronger company. (full story)
- Urban Outfitters delivers on sales and Wall Street applauds
(retaildive.com - 6/13/2018) During the quarter, the company opened four new locations, including two new Free People stores in North America... (full story)
- The Lost Cajun Bringing More South Louisiana Flavor to North Carolina
(franchising.com - 6/13/2018) The Louisiana-based franchisor has signed an agreement for the development of six additional restaurants in Western North Carolina over the next four years.
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- Charleston-based retailer to open 4 more stores this year
(postandcourier.com - 6/13/2018) A Charleston-based merchant that got its start in a mall kiosk 16 years ago will open its 19th store in the Southeast... (full story)
- Vince Announces Retail Expansion
(designretailonline.com - 6/13/2018) Menswear brand Vince has announced plans to expand its retail footprint during the second and third quarters of 2018. The forthcoming Austin store will reflect the company’s efforts to open spaces within shopping centers with department stores the brand has exited as part of its transformation strategy. (full story)
- Bob's upping footprint to 12 stores in S. Calif.
(furnituretoday.com - 6/12/2018) Bob’s Discount Furniture will open five more Southern California stores by Labor Day weekend, pushing its store count past 100 overall and to an even dozen in the state. Bob’s has been in aggressive expansion mode since private equity firm Bain Capital acquired a majority stake in the retailer in 2014 and hinted that a national footprint could be coming. (full story)
- Code Ninjas Accelerates Growth to 250 Units; Inks 33-Unit Development Deal
(franchising.com - 6/12/2018) In addition to the Wests' development, Code Ninjas has recently signed agreements to bring new centers to markets including Virginia Beach, Orlando, Washington D.C., Chicago, and ... (full story)
- Casey’s Squeezed in Fourth Quarter
(cspdailynews.com - 6/12/2018) Casey’s opened 53 new stores in the fourth quarter, and 85 total for the entire year. It acquired 26 stores, replaced 30 and remodeled 74 sites... (full story)
- Suitsupply Opens Its 100th Store And Continues To Expand
(prnewswire.com - 6/12/2018) Fokke de Jong, Suitsupply's Founder and Chief Executive Officer, said, "The opening of our 100th location is a milestone for Suitsupply. We've built a global brand that excites customers. In a time when many brands are closing stores, we believe there is more growth ahead of us than behind us. (full story)
- Rutter’s 70th Store Marks First Location Outside Pennsylvania
(theshelbyreport.com - 6/11/2018) The c-store chain recently opened its 70th location in Inwood, West Virginia, and more stores are planned for West Virginia in the next couple of years. (full story)
- Investment firm High Bluff buys Quiznos
(nrn.com - 6/11/2018) “I’m excited about the future with High Bluff Capital Partners, and the level of experience and commitment they bring to Quiznos,” Lintonsmith said. “I believe this is the infusion we need to take the brand to the next level.” (full story)
- Five Below Investing in New POS and DC to Support Massive Growth
(risnews.com - 6/11/2018) While the year-over-year growth in stores is eye opening, it is nothing compared to the retailer’s future growth plans. Five Below’s long-term vision is for more than 2,500 stores across the nation. Year-to-date, we have now opened 42 stores and are on track for approximately 125 store openings in 2018. (full story)
- Bring on the burgers! Checkers plans to open 60 new stores in N.J.
(nj.com - 6/10/2018) The Checkers drive-in restaurant chain is planning to open up in up 60 new locations in New Jersey, a fivefold increase over the 13 stores currently operating in the Garden State. (full story)
- My Pie Announces Expansion With Opening of Las Vegas Location
(prweb.com - 6/10/2018) My Pie brings homemade recipes, New York-authentic pizza, and strong family values to local neighborhoods. Today, the brand has opened 8 locations across 4 states and has over 30 more locations in development nationally. (full story)
- Pigtails & Crewcuts Signs New Franchisee in Sacramento
(franchising.com - 6/8/2018) The Mohems plan to open three salons, bringing the franchise’s fun and whimsical approach to children’s haircuts to Sacramento and the surrounding ... (full story)
- New Furniture Store 'With A Soul' Opens On Memorial Drive
(patch.com - 6/8/2018) The official opening of Nadeau in Cambridge earlier this month marked the furniture store's 40th location. "This is our first step into the Boston metro area, state of Massachusetts and New England region," said company president Brian Pickler. "This area has such a rich history and strong architecture and design culture." (full story)
- Dickey's to open 4 stores in 4 states this summer
(fastcasual.com - 6/8/2018) Four states will soon have new Dickey's Texas-Style Barbecue thanks to recent franchising deals made by the chain, beginning in ... (full story)
- PCC Makes Plans To Expand To Bellevue, Washington
(theshelbyreport.com - 6/8/2018) The Bellevue project is one of several announced this year for the local, independent grocer, including Seattle’s Ballard neighborhood (2019) and Downtown Seattle (2020). PCC also will open a Madison Valley store in 2020 and reopen its West Seattle store in 2019; the co-op welcomed shoppers to the Burien PCC on May 23. In total, PCC will grow from 11 stores today to 16 stores by 2020. (full story)
- Recent Court Rulings Demonstrate Value of Operating Covenants
(nreionline.com - 6/8/2018) Disagreements over operating covenants don’t often find their way into court, and when they do, judges generally have avoided using the hammer of injunctive relief. But in two recent cases involving high-profile retailers, courts have granted preliminary injunctions against the retailers—leading some to wonder whether this will give retail landlords more legal muscle in future disputes. (full story)
- Nadeau Furniture With A Soul Opens 40th Brick-and-Mortar Retail Store in the U.S.
(furnituretoday.com - 6/8/2018) Furniture With a Soul is pleased to announce the opening of its 40th brick-and-mortar retail store in the U.S., which is located in Kansas City, Kansas. The more than 7,000 square-foot space in Overland Park is the latest to open in the company’s multi-year national expansion. (full story)
- A&W Restaurants to Open 12 More Locations this Year
(qsrmagazine.com - 6/7/2018) After opening 15 franchise locations in 2017, the iconic brand expects to open another 12 this year. Since late 2011, when a group of franchisees acquired A&W from YUM! Brands, root beer lovers across the country have welcomed 54 new restaurants. There are now ... (full story)
- Soulman's Bar-B-Que Puts Quality First in Growth Plans
(qsrmagazine.com - 6/7/2018) It expects to open another 10 units over the next year—seven will be franchised, three will be company run. (full story)
- UFC Gym® Announces Three New Gym Openings In The Greater Chicago Area
(franchising.com - 6/5/2018) UFC Gym®, the rapidly expanding fitness franchise that creates training programs for all levels inspired by the training regimens of UFC® athletes, today announced the expansion of its footprint with three new gym locations in the Greater Chicago area ... (full story)
- Orlando's Earl Enterprises buys Italian-style chain Bertucci's
(orlandosentinel.com - 6/5/2018) The Orlando-based owner of Planet Hollywood restaurants and Buca Di Beppo has purchased the bankrupt Bertucci’s chain, a string of Italian restaurants in the ... (full story)
- Wireless retailers on the way to Baton Rouge area
(businessreport.com - 6/5/2018) Retail franchisor Wireless Zone announced today it’s looking to add as many as 10 locations in Louisiana in the next three to five years, focusing on Baton Rouge, according to the company.
Each Wireless Zone store is independently owned and operated and only offers Verizon products and services. (full story)
- Hudson’s Bay reports bigger loss, will close Lord & Taylor’s Fifth Avenue store after 104 years
(business.financialpost.com - 6/5/2018) Hudson’s Bay Co., the owner of Saks Fifth Avenue, said it will close as many as 10 Lord & Taylor stores — including the flagship Manhattan location — in an attempt to revive its struggling units. (full story)
- Francesca’s to focus on back-to-school sales to boost subpar earnings
(chron.com - 6/5/2018) Francesca's opened 27 new stores and closed four stores during the first quarter, bringing its total store count to 744... (full story)
- Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2018 Financial Results
(nasdaq.com - 6/5/2018) The Company opened eight stores in the first quarter of fiscal 2018 and ended the period with 276 locations... (full story)
- The Retail Strategy Switches
(globest.com - 6/4/2018) “Over the past five to 10 years,” she tells GlobeSt.com, “the mix has changed dramatically.” As enticements to stay longer, landlords are starting to lead with the former minority players—the restaurants and entertainment. “Traditionally, 75% of the mix was soft goods,” says Allen. “Now restaurants and entertainment can take up as much as 50%.” (full story)
- Russo's pizza brands sign deal for Texas expansion
(pizzamarketplace.com - 6/4/2018) ... A news release said an agreement finalized this week will also significantly expand Russo's Restaurants' Texas footprint across Dallas, Fort Worth and San Antonio. Russo's Restaurants founder and ... (full story)
- Lumber Liquidators reaches store 400
(hbsdealer.com - 6/4/2018) The latest location will open in Elk Grove, Calif. on June 9. Since it opened its first store in the West Roxbury neighborhood of Boston in 1994, the specialty hardwood floor retailer has grown to operate stores in 46 U.S. states and Ontario, Canada with more than 2,000 employees. (full story)
- Maurices suffers losses, store closures in third quarter
(duluthnewstribune.com - 6/4/2018) The Duluth-based women's clothing company closed seven stores in its third quarter ending April 28, dropping from 993 to 986 stores... (full story)
- Dick's Sporting Goods First Quarter Was Good but Far From Perfect
(fool.com - 6/2/2018) Filling the void with new location openings after a wave of competitors like The Sports Authority closed down has been a key strategy. That tailwind has subsided, though, only 19 new stores are planned for 2018... (full story)
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