- Foxtrot names former Taco Bell executive as president and CFO
(grocerydive.com - 6/7/2022) Beyond that point, the company plans to add new stores at a rate of between 30 and 40 per year for the next two years — a pace Williams called “aggressive but achievable.” (full story)
- Cracker Barrel Reports Third Quarter Fiscal 2022 Results
(restaurantnewsresource.com - 6/7/2022) The opening of six new Maple Street Biscuit Company units, bringing the total new store count for fiscal 2022 to 10 Maple Street Biscuit Company locations. (full story)
- Tim Hortons Unveils its Restaurants of the Future
(qsrmagazine.com - 6/6/2022) The first drive-thru-only store will open this summer in Cross Lanes, West Virginia. After that, more than eight additional units will debut this year across Ohio, Michigan, and New York. (full story)
- Pollo Campero Identifies Arizona as Market Primed for Franchise Growth
(1851franchise.com - 6/6/2022) Now, the brand is targeting Arizona for its next flavorful takeover, with plans to add a minimum of six new locations in the state over the next 5 years. (full story)
- Beef-A-Roo Aims to Bring Cult Status to National Scene
(qsrmagazine.com - 6/3/2022) Beef-A-Roo is looking to expand in the Midwest and Southeast, in states like Michigan, Illinois, Texas, and Florida. The brand is primarily looking for franchisees that could commit to three to five units, which could be a hybrid of container and traditional, or entirely brick-and-mortar. (full story)
- Multi-Unit Dunkin' Franchisees Ink Deal to Grow Wings Over in Long Island
(qsrmagazine.com - 6/3/2022) Dunkin’ multi-unit franchisees Uri Back, Jonah Back, and partners (BS Restaurant Group) have signed a 10-store, 3-year development deal with Wings Over throughout Long Island. This marks the largest development deal in Wings Over history for the New York market. The group’s first location is expected to open in Baldwin, NY in 2022. (full story)
- Perspire Sauna Studio Announces Plans for Expansion in New York and New Jersey
(yahoo.com - 6/3/2022) Combined with the 39 franchises awarded year to date, Perspire has signed 93 franchise agreements with 23 studios currently open; the brand's 24th location will open its doors this weekend in Santa Monica. (full story)
- Tropical Smoothie Cafe Carries Momentum into Milestone Opening of 1,100th Location
(prnewswire.com - 6/3/2022) Fueling the wave of expansion is a successful restaurant opening strategy, which has resulted in 100 new locations in the last nine months. Already through the first quarter of the year, Tropical Smoothie Cafe has opened 42 locations. (full story)
- Franchisee Success Pushes Rise to More Than Double Its Nationwide Footprint
(restaurantnews.com - 6/3/2022) With plans for at least 20 new corporate locations currently under development, Rise will aim to more than double its current footprint. (full story)
- Chicken Salad Chick entering new market; opening 50-plus stores in 2022
(chainstoreage.com - 6/2/2022) Chicken Salad Chick is on track to open more than 50 locations in 2022. It has set a goal to have 500 locations open and operating by the end of 2025... (full story)
- CEFCO Sells 50 C-Stores in 2 Deals
(cspdailynews.com - 6/2/2022) “With plans to open 20 new stores this year, CEFCO will continue to build, open and operate stores that fit its vision of being a first-tier convenience-driven retailer,” said Raymond Smith, president of Fikes Wholesale, Temple, Texas. (full story)
- Tracy Kim joins DIG as chief operating officer
(nrn.com - 6/1/2022) The funding round has enabled DIG to re-open key locations temporarily closed due to COVID-19, as well as expand its footprint in established and new markets, including New York, Pennsylvania, and Massachusetts, with the goal of bringing its total restaurant count from 30 to 60 over the next three years. (full story)
- Rush Bowls continues U.S. expansion with several new openings
(nrn.com - 6/1/2022) These new additions will be located in Alabama, Florida, Idaho, Louisiana, Texas, Minnesota and Colorado and will work towards fulfilling the brand's goal of making quick and healthy meals more accessible across the country. (full story)
- FSC Franchise Co. Is on Track To Have a Record Year Despite Industry-Wide Challenges and Shortages
(restaurantnews.com - 6/1/2022) FSC not only survived the COVID-19 pandemic, a time when over 90,000 restaurants closed nationwide, but it has been able to thrive in these challenging times. The Brass Tap is expecting to open 12 locations this year, and Beef ‘O’ Brady’s is on track to open five. (full story)
- Crave Hot Dogs & BBQ Comes to Sumter, South Carolina!
(restaurantnews.com - 6/1/2022) This past week Crave welcomed a new franchisee to Sumter, SC. This will be the second of many locations in South Carolina. Crave is excited for the new expansion and looking forward to bringing many Craves to the South Carolina market. (full story)
- Bad Ass Coffee of Hawaii Heats Up Development Efforts, Announces 5-Unit Agreement for Greater Tampa
(prnewswire.com - 6/1/2022) Longtime business partners Chris Bruckner and Richard Elkhoury are heading up the development efforts under the LLC, High Caffeine Inc. Site selection for all five stores is well underway, targeting the greater Tampa market – including Clearwater, St. Petersburg, Treasure Island, and Wesley Chapel. (full story)
- Belk to Pilot Conn’s Shop-in-Shops in up to 20 Stores
(retailtouchpoints.com - 6/1/2022) Regional department store retailer Belk will host shops featuring products and services sold by Conn’s HomePlus in 10 to 20 locations as part of a pilot program... (full story)
- Dollar General Announces First Quarter 2022 Results; Todd Vasos Comments
(andnowuknow.com - 5/31/2022) The retail chain recently released its Q1 results, and a reported 1,100 new stores are planned to open... (full story)
- Sportsman's Warehouse Holdings, Inc. Announces Strong First Quarter 2022 Financial Results
(yahoo.com - 5/31/2022) Net sales were $309.5 million, a decrease of 5.3%...This increase was partially offset by the addition of 13 new stores since May 1, 2021, which contributed $20.0 million in revenue to the current quarter... (full story)
- Camping World To Expand In Eleven Markets By End Of 2022
(sgbonline.com - 5/31/2022) Camping World Holdings, Inc. announced plans for the continued expansion of its RV sales and service network through the completion of eleven new dealership locations in seven states by the end of 2022. (full story)
- The Great Greek Mediterranean Grill is Opening in Florham Park, New Jersey
(restaurantnews.com - 5/31/2022) Arzt plans to use his industry expertise to expand The Great Greek Mediterranean Grill’s presence in the area with five additional restaurants slated to open in the next few years. (full story)
- Phenix Salon Suites Inks Agreement to Develop Eight Locations in California and Florida
(franchising.com - 5/27/2022) The brand announced its latest multi-unit agreement with Rick Day, Robert Aertker and Scott Vencill, existing franchisees who signed on to develop another eight locations. (full story)
- Hibbett Reiterates FY Guidance After Challenging First Quarter
(sgbonline.com - 5/27/2022) For the 13-weeks ended April 30, 2022, we opened nine net new stores, bringing the store base to 1,105 in 35 states... (full story)
- Mici Italian to Debut in Texas
(qsrmagazine.com - 5/27/2022) Carlos Smith, the franchisee who owns the forthcoming Frisco location, has plans to develop about a dozen locations in the Dallas-Fort Worth metropolitan area. (full story)
- Operator Bringing 6 Del Taco Locations to Alabama
(franchising.com - 5/27/2022) Alabama multi-unit franchisee Sam Abusaleem has just teamed up with Del Taco to bring 6 of the Mexican QSR locations to the northern part of his state. The first is scheduled to open in Huntsville. (full story)
- Taking the Nation by Storm - Ziggi’s Coffee Opens 50th Location
(franchising.com - 5/27/2022) On May 24th, they celebrated this significant milestone with a record-breaking opening at their 50th location in Arkansas. Being states away from the flagship location, this success demonstrates the impressive trajectory of this fast-growing company. (full story)
- Ulta Beauty Announces Record First Quarter Fiscal 2022 Results
(businesswire.com - 5/26/2022) Real estate activity in the first quarter of fiscal 2022 included 10 new stores... (full story)
- Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2022
(businesswire.com - 5/26/2022) During the quarter, the Company opened 112 new stores, expanded or relocated 33 stores, and closed 30 stores...expanded its multi-price Plus offering into an additional 790 Dollar Tree stores and completed 118 Family Dollar store renovations... (full story)
- Vitality Bowls Plans Opening in Gilbert
(qsrmagazine.com - 5/25/2022) The new café will be the first Vitality Bowls location to open in the entire state of Arizona. Once the new Gilbert café has opened, they plan on opening an additional two to three locations in the area. (full story)
- The Big Salad gets a new owner
(restaurantbusinessonline.com - 5/25/2022) North Carolina entrepreneur Brent Sheena, a Jamba franchisee, purchased the chain from founder and CEO John Bornoty, the company announced Wednesday. The Big Salad currently has several locations in Michigan, one in Texas, and upcoming units planned in Ohio, Mississippi and North Carolina. (full story)
- Advance Auto Parts, Inc.'s CEO Tom Greco on Q1 2022 Results - Earnings Call Transcript
(seekingalpha.com - 5/25/2022) Turning to our store expansion efforts, we opened 35 new stores in the first quarter, including the conversion of our stores in California...We're continuing to execute our new store opening plans and expect to open between 125 to 150 new stores and branches in 2022... (full story)
- Smokin’ Oak Wood-Fired Pizza Selected as a Top Brand in the Fast Casual 2022 Movers & Shakers List
(restaurantnews.com - 5/25/2022) The brand currently has five locations open and operating throughout the U.S. and is primed to shake up the fast-casual pizza industry by opening 95 new locations in the next 5 years. Smokin’ Oak Wood-Fired Pizza & Taproom was ranked 49 out of the 100 brands selected. (full story)
- FAT Brands Scoops Up Nestlé Toll House Café in Latest Deal
(qsrmagazine.com - 5/25/2022) The company said it will rebrand the locations to Great American Cookies, a move that will “increase FAT Brands’ foothold as a leader in the dessert category within the cookie and ice cream spaces.” It also owns Marble Slab Creamery. (full story)
- Marco’s Pizza Inks Deal to Grow in Lubbock
(qsrmagazine.com - 5/24/2022) Marco’s Pizza announced a multi-unit signed agreement that will bring six new stores to Lubbock by the end of 2023. Multi-unit expansion with existing franchisees continues to play a key role in Marco’s overall growth strategy – inching closer toward its goal of becoming the No. 4 brand in pizza based on systemwide sales. (full story)
- New Deals to Accelerate Growth for Donut Franchise Shipley
(franchisetimes.com - 5/24/2022) Dallas-based ARFD Foods, operated by Andrew Robertson and Franklin Diaz, signed for 25 locations in Georgia, while Oziel Rodriguez, operating Sweet Donuts Investments, has an agreement for five stores. (full story)
- Huddle House, Perkins Experience Record Unit Development
(fsrmagazine.com - 5/24/2022) Celebrating a monumental end to its fiscal year, Huddle House and Perkins Restaurant & Bakery expanded their footprints nationwide by collectively signing 32 franchise agreements. Seven existing franchisees are building on their current portfolios and driving Huddle House and Perkins’ expansion across nine states. (full story)
- Noodles & Company to open first Nevada location in June
(news3lv.com - 5/24/2022) The restaurant, located on Sahara and Rancho, will host its grand opening on Wednesday, June 1, and plans to open two to four more locations in Las Vegas in 2023. (full story)
- Citi Trends Announces First Quarter 2022 Results
(businesswire.com - 5/24/2022) The Company now expects to open approximately 20 new stores during fiscal 2022... (full story)
- Salt Life Opens New Retail Location in Boca Raton
(shop-eat-surf.com - 5/24/2022) Earlier this year, the brand opened Salt Life Sarasota on historic St. Armands Circle, and Salt Life Fort Lauderdale on beautiful Las Olas Boulevard. Salt Life plans to further expand its retail footprint with additional storefronts slated to open in 2022. (full story)
- Petco comps up 5% in Q1 as consumers continue to spend on pets
(retaildive.com - 5/24/2022) The retailer has also made progress on its growth initiatives related to store concepts. Petco ended Q1 with 71 shop-in-shops for its Reddy private label and is targeting 100 by the end of the year... (full story)
- WaBa Grill Inks 8-Unit Deal in Nevada
(qsrmagazine.com - 5/24/2022) Sangha now has exclusive territory rights to develop WaBa Grill in Clark County, introducing WaBa Grill to many new cities, including Las Vegas and Henderson. (full story)
- Huey Magoo's Opens in Jacksonville, Florida
(qsrmagazine.com - 5/24/2022) This is the second of six Huey Magoo’s stores to open in Duval County, Florida under franchisee Michael Phillips, who is a former multi-unit franchisee with Little Caesars Pizza and Jersey Mikes Subs. (full story)
- Layne’s Chicken Fingers Expands to Pittsburgh, Bringing 5 Locations
(restaurantnews.com - 5/24/2022) Henry Wang, Principal of TMD Holdings and 3E Group, has joined forces with Erik Mansmann, Director of Operations at 3E Franchise, to bring the brand to their hometown. (full story)
- Basecamp Fitness Ignites National Expansion with 20-Unit Development Agreement in Florida
(prnewswire.com - 5/23/2022) Basecamp Fitness has partnered with long-time Anytime Fitness franchisees Austin Wright of 8th Wonder Equity, and Bobby Hines and Josh Bailey of Wellness Acquisition Group to lead development in Florida, bringing new studios to the Jacksonville, Miami, Orlando and Tampa markets. (full story)
- REGYMEN Fitness Signs Two Franchise Units in Q1, Aims to Sign 15 New Units by End of Year
(1851franchise.com - 5/23/2022) The brand currently has one unit scheduled to close in May, with a goal to close 15 by the end of the year. Last year, REGYMEN’s team also launched its sister concept, wellness franchise The Covery Wellness Spa. That brand has sold 13 units total to date, and aims to have another 15 sold by the end of the year as well. (full story)
- Tennessee Operator Signs 22-Unit Area Representative Deal With Jeremiah's Italian Ice
(franchising.com - 5/23/2022) Brad Davis has teamed up with frozen dessert brand Jeremiah’s Italian Ice in a new 22-unit area representative deal for locations in Chattanooga, Knoxville, Pigeon Forge, and the Tri-Cities area. Five locations are expected to open in the next 18 months. (full story)
- Wings and Rings Aims to Grow in its Home Market with New Restaurants Around Cincinnati Metro
(1851franchise.com - 5/23/2022) The company has seen great success with its current units in the region and is ready to add a few more franchises locally. They also continue to look for additional corporate location in Cincinnati and Northern Kentucky. (full story)
- Roy Rogers Announces Cleves As First Location Of Greater Cincinnati 10-Unit Deal
(franchising.com - 5/20/2022) Roy Rogers Restaurants officially announces Cleves, Ohio, as the first location of its 10-unit deal with One Holland Corporation, an outstanding operator of multiple local concepts. (full story)
- Once Bankrupt, Kona Grill Continues Turnaround for the Ages
(fsrmagazine.com - 5/20/2022) The ONE Group seeks 40-50 percent ROI for new restaurants. The addressable market is at least 400 outlets, including 200 STK locations globally and at least 200 Kona stores in the U.S. At the end of Q1, STK had 22 restaurants and Kona had 24. (full story)
- Tupelo Honey's Sweet Ascent is Just Getting Started
(fsrmagazine.com - 5/19/2022) Founded 22 years ago in Asheville, North Carolina, the Southern-centric brand has spread to 18 locations with three fresh markets on deck for this year (Indiana, Iowa, and Ohio). In fact, ever since current owner Steve Frabitore acquired Tupelo Honey in 2008 when it had two stores, the concept webbed out instead of sticking to concentric growth. (full story)
- The Site Selection Process Has Changed
(franchising.com - 5/19/2022) Surprisingly, and despite popular belief, there is not an abundance of retail or restaurant space available. Construction took a downturn with the economy. And with investment in nonresidential structures declining, new structures ready for fast-casual restaurants are increasingly hard to find. (full story)
- Starbucks second-quarter income jumps on strong US business
(thenationalnews.com - 5/19/2022) The company opened 313 net new stores in the second quarter, ending the period with 51 per cent company-operated cafes and 49 per cent licensed stores... (full story)
- With Q1 sales up, Sprouts continues focus on new products to grow basket size
(supermarketnews.com - 5/19/2022) Sprouts opened six stores during the first quarter and plans to open between 15 and 20 this year, Sinclair said. The company currently operates 374 stores throughout the United States... (full story)
- Tina Gantz appointed vice president of franchise development for District Taco restaurant chain
(nrn.com - 5/18/2022) Mexican food restaurant chain District Taco is preparing to expand their successful restaurant business by offering franchise opportunities within the next year. (full story)
- Big Blue Swim School Inks Deals to Open 15 Swim Schools in Philadelphia and New Jersey
(franchising.com - 5/18/2022) Big Blue’s newest franchise partners include Badr Kayali, who will open five units in Philadelphia, Erica, Keith, and Kristy Kowal, who have plans for five in Philadelphia and South New Jersey; and Jamey and Julia Holmes round out the region with five units in Central New Jersey. (full story)
- Chicken Salad Chick Signs 5-Unit Deal in New Mexico
(qsrmagazine.com - 5/18/2022) The New Mexico agreement covers territories across Albuquerque and Santa Fe, targeting the neighborhoods of Far Northeast Heights, Winrock and Rio Rancho. Sanchez and Murray plan to open the first of the five locations by the end of 2022, with the other four to follow over the next three and a half years. (full story)
- Freebirds World Burrito Unveils New Prototype
(qsrmagazine.com - 5/17/2022) Freebirds is poised to grow at least 20% each year, with 10 new locations opening in 2022. In 2021, Freebirds refreshed every store in its network with updated interiors, murals, and seating, patio and lighting enhancements. These new prototypes take things even further. (full story)
- Jim 'N Nick's Converts Restaurant to Quick-Casual Dining
(fsrmagazine.com - 5/17/2022) The Franklin location’s conversion to a quick-casual dining style is one of the first steps in a larger company-wide initiative to convert more JNN locations to quick-casual dining. Additionally, the growing brand plans to open 10 new locations over the next 18 months. (full story)
- Aussie retailer Cotton On Group to open 17 stores with Macerich; here’s where
(chainstoreage.com - 5/17/2022) Cotton On Group will open 17 stores will in Macerich regional town centers across the U.S. in 2022 and 2023. The openings are in addition to the 12 Cotton On stores already open within Macerich's portfolio. (full story)
- The Container Store Group, Inc. Announces Fourth Quarter and Full Fiscal Year 2021 Financial Results
(investor.containerstore.com - 5/17/2022) "We are excited to return to store growth with a plan to open two new stores in fiscal 2022, and a plan for an additional 74 new stores by fiscal 2027. This growth coupled with our more productive store base, and disciplined expense management is expected to result in low double digit operating margins over time as inflationary headwinds abate." (full story)
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