- Curaleaf Reports Third Quarter 2022 Results
(ir.curaleaf.com - 11/8/2022) Growth in retail revenue was primarily due to strong growth across Curaleaf's footprint and the opening of 28 new stores over the year, namely in Arizona, Florida, Maine, and Pennsylvania and the commencement of adult-use in New Jersey. (full story)
- Grocery Outlet Names New CEO
(progressivegrocer.com - 11/8/2022) Grocery Outlet went public in June 2019, and since then has maintained the view that it can open at least 1,900 stores in existing and contiguous states. Over the long term, the company believes that the market potential exists to establish at least 4,800 locations nationwide. (full story)
- PetWellClinic Breaks into Michigan with 10-Unit Agreement
(yahoo.com - 11/7/2022) The first-of-its-kind agreement in Michigan is spearheaded by Detroit-natives and cousins Jake Atchoo and Blake George. The duo are no strangers to the world of franchising and come from a long line of entrepreneurs which inspired them to continue the tradition of business ownership and expand their business portfolios. (full story)
- Carrabba's 'Earns the Right' To Seek Growth
(fsrmagazine.com - 11/4/2022) Growth is on the way for Outback and Fleming's as well. Outback in particular—which has 692 restaurants domestically—is moving toward a nearly 5,000-square-foot NextGen prototype. Five have opened so far, and the steakhouse believes there's room to open 75-100 of these slimmer restaurants in the coming years. (full story)
- David’s Bridal to expand new store format with remodels, new locations
(chainstoreage.com - 11/4/2022) The bridal and special occasion dress retailer authority will feature the new format in approximately 30 stores in 2023, including 12 brand new locations. (full story)
- JINYA Ramen Bar Poised to Close Out 2022 With Record Growth
(restaurantnews.com - 11/4/2022) Following the blockbuster opening of its first location in Honolulu this past August and first location in South Carolina’s Hilton Head in September, JINYA Ramen Bar will finish out the year with new-market launches in Lehi, Utah; Fishers, Indiana; Wichita, Kansas; and Long Beach, California. (full story)
- Dave's Hot Chicken Inks Deal to Enter New Hampshire
(qsrmagazine.com - 11/4/2022) As part of his development deal, Graziano will focus on growing Dave’s Hot Chicken in Merrimack, Hillsborough and Rockingham Counties in New Hampshire, as well as Essex County in Massachusetts. (full story)
- FAT Brands Inks 80-Unit Development Deal in Texas
(qsrmagazine.com - 11/4/2022) In partnership with Brame Holdings LLC, 40 Round Table Pizza restaurants and 40 co-branded Fatburger and Buffalo’s Express locations will open over the next 10 years with the first units slated to open in 2023. (full story)
- Publix debuts 4 new stores in 1 busy week
(winsightgrocerybusiness.com - 11/4/2022) Publix Food Markets is having a very busy week with four new store openings, proving its growth is far from slowing. The Lakeland, Florida-based grocery retailer has opened 12 new stores since July, the grocer said. (full story)
- Dollar General’s Popshelf concept on fast track for expansion
(chainstoreage.com - 11/4/2022) The retailer is on track to operate approximately 150 standalone stores and 40 combination formats by the end of the 2022 fiscal year. It has set a goal of approximately 1,000 stores by its 2025 fiscal year end. (full story)
- In Tough Times, Texas Roadhouse Will Deliver on its Promise
(fsrmagazine.com - 11/4/2022) The chain is on track to open 23 Texas Roadhouse and Bubba’s 33 locations this year—14 have opened thus far alongside six international franchises. A fifth outpost of Texas Roadhouse’s fast casual, Jaggers, opened in October. The company expects to ramp up to 30 openings next year, as well as three Jaggers. (full story)
- Chili's Opens First Off Premises-Only Restaurant
(fsrmagazine.com - 11/4/2022) Typically Chili's outlets are around 5,500 square feet and based in suburban markets, but the latest 1,600-square-foot prototype intends to penetrate denser, urban areas with more foot traffic and higher demands for convenience. (full story)
- Canada Goose Expands West with Permanent and Pop-Up Stores
(retailleader.com - 11/4/2022) Canada Goose is continuing to push west in the U.S., opening permanent stores in Las Vegas and Denver, as well as pop-up stores in Aspen, Colorado, and Detroit. (full story)
- Actress to Develop Seven Atlanta Drybar Locations
(franchising.com - 11/3/2022) A Los Angeles native and actress has signed a deal to bring seven Drybar locations to the greater Atlanta area, WellBiz Brands has announced. Candice Mann is relocating her family to the Atlanta area, where she will develop seven locations within the busy metro market. (full story)
- Taco John’s Brings Bigger. Bolder. Better. Flavors To Michigan
(franchising.com - 11/3/2022) The popular Mexican quick-service restaurant signed franchise agreements with Meritage Hospitality Group to open three Taco John’s locations in the Grand Rapids, Michigan area. The first location will open on December 5, the second location on December 12 and the third location on December 19. (full story)
- Appetite for expansion has Furniture Mart USA hungry for growth
(furnituretoday.com - 11/3/2022) Top 100 retailer Furniture Mart USA has added stores in Duluth, Minn., will open more soon in Sioux Falls, S.D., and has plans for growth in Sioux City, Iowa. (full story)
- Refuel to Acquire Eagles Enterprise
(cspdailynews.com - 11/3/2022) Refuel Operating Co. LLC, a retail and wholesale fuel distribution and convenience-store business, has entered into an agreement to acquire the assets of Eagles Enterprise LLC, a Raleigh, N.C.-based c-store chain owned by founders Dilip Gandhi and Manish Gandhi. The transaction includes 13 locations in the Raleigh-Durham market in North Carolina. (full story)
- Cheesecake pushes new units into 2023 amid hurdles
(nrn.com - 11/2/2022) For 2022, the company now plans to open 13 new restaurants, pushing as many as seven openings into 2023. Since the end of the third quarter, the company has opened three new locations, including The Cheesecake Factory Opry Mills in Nashville, Tenn., a North Italia in The Woodlands, Texas, near Houston, and a Flower Child in Austin, Texas.
(full story)
- Bonchon Inks Deal to Grow in New York and New Jersey
(qsrmagazine.com - 11/2/2022) This will bring the brand’s world-famous signature menu to neighborhoods throughout Kings County, New York County and Queens County in New York as well as Middlesex County and Bergen County in New Jersey. YCY International FB1, LLC is developing the Korean fried chicken restaurants in the area, with the first location set to open in 2023. (full story)
- Rise Southern Biscuits to Enter Orlando in Early 2023
(qsrmagazine.com - 11/2/2022) “We expect to grow the greater Orlando area to 20 locations over the next five years,” Schnurr said. “The Winter Park location has great demographics and is on a busy shopping street with very little inventory to rent. When the spot became available, we grabbed it.” (full story)
- LL Flooring Reports Third Quarter 2022 Financial Results
(yahoo.com - 11/2/2022) During the third quarter of 2022, the Company opened two new stores, bringing total store count to 439 as of September 30, 2022... (full story)
- Salata Set to Soar as Fast Casual Franchise
(franchising.com - 11/2/2022) Five new restaurant openings already this year and six more planned for the next several months. Priority markets for future growth include appealing regions with plenty of space for expansion, such as Alabama, Louisiana, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Florida. (full story)
- MTY Food Group buys Wetzel’s Pretzels for $207M
(restaurantdive.com - 11/2/2022) Wetzel’s is currently growing and plans to open its 400th location in 2023. The brand also reports record franchisee interest, according to a press release. As of March, it planned to open 40 stores this year, and opened its first store within Macy’s in February. (full story)
- Florida Operator Adds Walk-On's Sports Bistreaux to Portfolio
(franchising.com - 11/2/2022) Looking to expand, she has just signed an area development deal with Walk-On’s Sports Bistreaux. She’s set to open her first location in the Orlando, Florida market next year and follow that up with an option for two more locations in the area. (full story)
- Pizza Factory Enjoys Successful 2022 and Prepares for More Growth in 2023
(franchising.com - 11/1/2022) Beyond that is a pipeline of signed agreements that will bring another dozen locations to market soon. That means next year should be another positive growth year for the brand. “We should open another 20 locations in 2023,” says Riva. (full story)
- The Container Store Group, Inc. Announces Second Quarter Fiscal 2022 Financial Results
(businesswire.com - 11/1/2022) During the second quarter of fiscal 2022, the Company opened one new store. As of October 1, 2022, the Company store base was 95 as compared to 94 as of October 2, 2021... (full story)
- Smoker Friendly Buys 30 Collett Enterprise Stores
(cspdailynews.com - 11/1/2022) The Cigarette Store LLC, doing business as Smoker Friendly, has acquired Collett Enterprises Inc.’s 30 tobacco stores across Indiana and Kentucky. (full story)
- Potbelly Inks Multi-Unit Deal in Orlando
(qsrmagazine.com - 11/1/2022) We are excited to embark on this new relationship with Shari Nasir and Imran Malik of Sugarland Investment Group, LLC to share the love of toasty sandwiches with Central Florida and broaden the Potbelly brand. (full story)
- Via 313 Pizzeria Welcomes Ray Risley as CEO
(restaurantnews.com - 11/1/2022) Risley’s vast experience will be put to powerful use as Via 313 is fired up and ready to expand. It already has 11 locations, with 18+ more to come in the next two years. (full story)
- Toppers Pizza Names James “Jimmy” McFeeters as VP of Development
(restaurantnews.com - 11/1/2022) McFeeters will leverage the brand’s approach to real estate, which is a more streamlined and simple model compared to others in the franchise development space. In 2022, Toppers is expected to have three new units open, and coming into his role, McFeeters expects to more than double that in 2023 and build that pipeline even more in 2024. (full story)
- Ross Stores To Open 40 Locations
(sgbonline.com - 10/31/2022) “This fall, we opened our 2,000th store and continued to expand Ross and dd’s footprints across our existing markets as well as in our newer states. In addition to openings in California, Florida, and Texas, Ross strengthened its presence in Ohio while dd’s bolstered its store base in Illinois.” (full story)
- Love’s Opens 600th Location
(cstoredecisions.com - 10/31/2022) Continuing its growth plans, Love’s Travel Stops opened its 600th location in Perry, Okla., located off Interstate 35, adding 60 truck parking spaces and 70 jobs to Noble County, Okla. (full story)
- Ace will open more stores in Q4
(hbsdealer.com - 10/31/2022) Ace Hardware, reported it has already opened 130 new stores in 2022, and is planning to open at least an additional 40 stores in Q4 for more than 170 by the end of the year. (full story)
- PetWellClinic Finalizes 5-Unit Deal for South Florida Franchise Expansion
(franchising.com - 10/31/2022) PetWellClinic, one of America’s fastest-growing pet-wellness franchise brands, is preparing to expand its South Florida presence, specifically in Ft. Meyers, with the signing of their newest 5-unit franchise agreement. A deal that comes at the hands of Edward Pike, a veteran franchisee. (full story)
- Lightbridge Academy Secures Real Estate, First Site in Wesley Chapel on Fast Track to Open
(1851franchise.com - 10/31/2022) "With the population explosion throughout all of Florida, Tampa has become one of the biggest markets in Northwest Florida,” said Lightbridge Academy's Chief Development Officer Craig Murray. “This is our second center in all of Florida and will be the first of about four to five centers in the Tampa market." (full story)
- The DRIPBaR Launches Newest Franchise in Scottsdale, AZ
(prweb.com - 10/29/2022) The DRIPBaR is excited to announce the opening of their newest location in Scottsdale, Arizona on November, 13th 2022. The franchise has approximately 500+ additional locations in the pipeline. (full story)
- Dunkin' Owner to Kickstart Jimmy John's Footprint in San Diego
(qsrmagazine.com - 10/28/2022) Now, he and his team have the opportunity to bring another concept under the Inspire Brands portfolio to Southern California. Burton signed up to open 27 Jimmy John's locations in San Diego, which will be the sandwich chain's first in the market. (full story)
- Biggby Coffee Continues to Dominate the Coffee Industry; Set to Open First Location in Georgia
(restaurantnews.com - 10/28/2022) The brand has secured 59 franchise signings and executed 38 store openings this year, to include units in a total of 11 states, including Illinois, Tennessee, Florida and more. A highlight of the year thus far has been the brand crossing the 300-unit mark as it continues to close in on its goal of 1,000 units open by 2028. (full story)
- Naf Naf Middle Eastern Grill Set for South Florida Expansion
(restaurantnews.com - 10/28/2022) Fares signed on to open the first Naf Naf in Florida as owner and operator as early as he could. Due to the great success the Pembroke Pines restaurant is experiencing, Fares is looking to “fan the flame” of growth with potential locations in Fort Lauderdale, Fort Myers, Naples, North Miami and Orlando. (full story)
- Blaze Pizza Announces Multi-Unit Agreement Signings
(restaurantnewsresource.com - 10/28/2022) Part of these deal signings includes a noteworthy 10-unit development agreement to open locations in Texas's thriving Dallas-Fort Worth market in Tarrant and Denton County. Additionally, the growing brand will develop three Blaze Pizza restaurants across Prince George's County outside of Washington D.C. and encompassing Maryland and Virginia suburbs. (full story)
- Chipotle Announces Third Quarter 2022 Results
(restaurantnewsresource.com - 10/28/2022) For 2022, management is anticipating the following: Between 235 to 250 new restaurant openings (including 10 to 15 relocations to add a Chipotlane), which assumes construction, permit and material supply delays don't worsen - For 2023 management is anticipating the following: 255 to 285 new restaurant openings.
(full story)
- Wingstop Inc. Reports Fiscal Third Quarter 2022 Financial Results
(restaurantnewsresource.com - 10/28/2022) "We've opened 167 net new restaurants through the third quarter and are on track to have a record year for restaurant development. This gives us confidence in our ability to deliver another record setting year for Wingstop." (full story)
- Teriyaki Madness Wraps Up Third Quarter With 13 New Shops Opened
(restaurantnews.com - 10/27/2022) Teriyaki Madness opened 13 new shops, with 11 more scheduled to open by the end of the year. In addition to welcoming new franchise partners, Teriyaki Madness broke into several markets this quarter, including Missouri and Louisiana. (full story)
- At Home steps up the expansion streak with 3 new stores
(hometextilestoday.com - 10/27/2022) At Home has opened three new stores this October, bringing the store count to 258. The new stores are in St. Petersburg, Fla.; Fayetteville, Ga.; and East Northport, N.Y. The three new stores follow on the heels of three other store openings in July, in Albuquerque, N.M.; Downers Grove, Ill.; and North Haven, Conn. (full story)
- Boot Barn says its store expansion strategy is paying off
(modernretail.co - 10/27/2022) Boot Barn announced it opened 10 stores during the second quarter of its 2023 fiscal year — including expansion into New Jersey and Delaware — bringing its total number of locations to 321. The company will next focus on “new markets” in New York, Connecticut and Maryland, CEO and President Jim Conroy said on Wednesday’s earnings call. (full story)
- Sprouts Farmers Market is opening 2 new stores
(winsightgrocerybusiness.com - 10/26/2022) hoenix-based Sprouts Farmers Market is opening two new stores Friday, one in Tucson, Arizona, and the other in Palmdale, California...Sprouts operates about 380 stores in 23 states... (full story)
- TravelCenters of America Adds 4 New Stores
(cspdailynews.com - 10/26/2022) Travel centers of America reported it has added four new travel centers, with plans to open four additional locations by the end of 2022... (full story)
- Murphy USA 3rd-Quarter Earnings Rise
(cspdailynews.com - 10/26/2022) The chain also reached 1,700 retail locations in the third quarter. Murphy USA opened seven new-to-industry stores during this period, and reopened 10 raze-and-rebuild Murphy USA stores. There are 19 new Murphy Express stores, five new QuickChek stores and 12 raze-and-rebuild Murphy USA stores currently under construction, the chain said. (full story)
- O’Reilly Automotive, Inc. Reports Third Quarter 2022 Results
(yahoo.com - 10/26/2022) "We are pleased to announce our 2023 new store opening target of 180 to 190 net, new stores, an increase over our 2022 growth, as we look forward to expanding the O’Reilly footprint and extending our long track record of profitable growth." (full story)
- Pollo Campero Parent Makes Massive Investment to Expand in North America
(franchisetimes.com - 10/26/2022) CMI intends to use $190 million to open 100 Pollo Campero locations in the United States. Today, the 51-year-old brand has 77 units in 16 states, with a large presence in the southern part of the country; it has another 275 international locations. (full story)
- Driven Brands Holdings Inc. Reports Strong Third Quarter Results
(prnewswire.com - 10/26/2022) The Company added 101 net new stores during the quarter... (full story)
- Chicken Salad Chick Signs Agreement in Virginia Beach
(franchising.com - 10/26/2022) Chicken Salad Chick has announced the signing of a 6-unit development deal for Virginia Beach with an existing franchisee. Behind the agreement is current Chicken Salad Chick franchisee Melissa Holt, who opened the Hampton, Virginia location at 2850 Kilgore Avenue in December 2021. (full story)
- ‘Default Yes’ Mentality Supercharges Belle Tire’s Growth
(moderntiredealer.com - 10/25/2022) Barnes says Belle Tire will have 70 stores throughout the Chicago area by the year 2025. “Chicagoland has been a great market for us,” says Barnes. “The stores we have opened are performing well. We’ve been able to win a lot of hearts and minds and are excited to continue our growth.” (full story)
- Oath Pizza Plots Growth in New Markets
(qsrmagazine.com - 10/25/2022) On the heels of multi-unit development deals in new markets like Austin, Seattle, and Orange County, California. Oath’s momentum continues as the brand expands its presence with qualified individuals to introduce the concept to new markets throughout the United States. (full story)
- Nekter Juice Bar Signs 64 Franchise Agreements
(qsrmagazine.com - 10/25/2022) Nekter Juice Bar, America’s freshest juice bar experience with more than 330 locations open or in development, today announced that the brand has signed 64 new franchise locations since the start of 2022 with many of those locations opening in new markets including Arkansas, Iowa, Oklahoma, New Jersey, Tennessee. (full story)
- Rocky Mountain High: Teriyaki Madness Targets Colorado for Continued Franchise Growth
(restaurantnews.com - 10/25/2022) The Seattle-style Teriyaki Shop franchise has identified room to add 32 of units in the state and is currently focused on finding qualified franchise partners interested in multi-unit development. (full story)
- Largest Deal in Brand History: Bad Ass Coffee of Hawaii Secures 20-Unit Agreement in Florida
(franchising.com - 10/25/2022) Making Bad Ass Coffee history is Marquee Coffee LLC, a group of business partners led by Ardel McKenna. Originally from Chicago, IL, he has been a frequent visitor to Naples, FL for three decades and became an official resident in 2016. (full story)
- REI to open its 31st store in California next year
(chainstoreage.com - 10/24/2022) Other REI locations scheduled to open next year include a 21,100-sq.-ft. store at Huntington Shopping Center in Huntington, New York, which will debut in summer 2023. And on November 11, 2022, REI will open in Tallahassee, Fla. It will be the retailer’s first store in the Panhandle and seventh in Florida. (full story)
- Harps Food Stores to acquire The Markets
(supermarketnews.com - 10/24/2022) Harps Food Stores plans to enter two new states with the purchase Gulf region independent grocer The Markets... (full story)
- Becoming Terrible’s
(cstoredecisions.com - 10/24/2022) At the same time, Terrible’s is looking to take its “deliberately different” programs to customers in new market areas as it plots an aggressive growth strategy in Las Vegas and beyond. Today, Terrible’s operates 176 stores across Nevada, California, Arizona and Utah, with around 80% of the stores located in southern Nevada. (full story)
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