- Floor & Decor reaches milestone opening
(hbsdealer.com - 5/10/2023) In conjunction with the financial report, Floor & Decor said it was targeting the opening of 32 to 35 new locations during the fiscal year. The retailer has already opened 8 new locations this year. (full story)
- Goddard Schools Franchisee Brings Concept to Downtown Nashville
(franchisetimes.com - 5/10/2023) Byars has a new Nashville metro area location already on the way, with plans to open it by September in Brentwood. The big project, though, is downtown Nashville, where she is planning to open five schools. (full story)
- Why Pollo Campero Is Growing in New York City
(1851franchise.com - 5/10/2023) The third unit, which will be located in the Midtown East neighborhood, will be coming later this year, while the brand also has plans for locations in Harlem and Chinatown. (full story)
- Fitness Premier Targets Georgia for Expansion
(1851franchise.com - 5/10/2023) While Retter is still working to open his first location, he already has goals to become a multi-unit franchisee and wants to open 10 units over the next 10 years. His determination has helped spark inspiration for Fitness Premier to open new locations across the state. (full story)
- Chedraui USA to open 5 new supermarkets, massive distribution center
(winsightgrocerybusiness.com - 5/10/2023) Chedraui USA, parent company of grocers El Super, Smart & Final and Fiesta Mart, announced plans to open five new stores, remodel 40 more and develop a 1.4 million-square-foot distribution center this year. (full story)
- East Coast Wings + Grill Opens in Florence, SC
(restaurantnews.com - 5/10/2023) South Carolina is a key growth market for the brand, as East Coast Wings + Grill recently signed a franchise agreement deal to open a unit in Clemson, SC, plus has plans to open 4 more locations across Columbia and Greenville, SC over the next 3-5 years. (full story)
- Pet Wants Announces Walter Lacey as New VP of Franchise Development
(1851franchise.com - 5/10/2023) Currently boasting 100 franchises with 142 territories, the brand has set ambitious goals of reaching a store count of 300 to 350 in the coming years. (full story)
- Great Greek Mediterranean Grill Names Angelo Freites VP of Operations
(qsrmagazine.com - 5/9/2023) The brand, which experienced its most successful year in company history in 2022, has continued its rapid growth trajectory in the first quarter of 2023, opening two new locations and expanding its footprint into California for the first time. (full story)
- El Pollo Loco Signs New Territory Agreements for Northern Colorado, New Mexico and El Paso, Texas
(globenewswire.com - 5/9/2023) El Pollo Loco, Inc., announced the signing of three new development agreements covering territories in Northern Colorado, New Mexico and El Paso, TX. A deal has been signed with MEQ EPL, LLC, a company with diverse investments across key western U.S. real estate markets, for the development of 10 units over 8 years.
(full story)
- Tempur Sealy to buy Mattress Firm in $4 billion deal
(furnituretoday.com - 5/9/2023) The acquisition has been a topic of conversation within the industry for a number of years and had increased in volume and details since the first of this year. The transaction will give Tempur Sealy direct ownership of its largest retail partner and control of Mattress Firm’s more than 2,300 stores and e-commerce site. (full story)
- Woof Gang Bakery & Grooming Signs Agreement for 250th Location
(retailwire.com - 5/9/2023) The first quarter of 2023 has been particularly successful for the brand, as it expanded internationally to Canada and signed its first agreement in California. Woof Gang has been growing at an accelerated pace recently, due to the passion of its franchisees. (full story)
- Food Lion remodels 29 North Carolina stores
(grocerydive.com - 5/9/2023) Food Lion is preparing to unveil 29 remodeled supermarkets in the Wilmington, North Carolina, area following a $50 million project aimed at sprucing up the locations... (full story)
- Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2023 Financial Results
(yahoo.com - 5/9/2023) The Company opened three new stores, ending the quarter with 444 stores in eight states... (full story)
- Warby Parker Announces First Quarter 2023 Results
(businesswire.com - 5/9/2023) Opened 6 new stores during the quarter, ending with 204 stores... (full story)
- Razzoo’s Cajun Cafe Appoints Philip Parsons as CEO
(restaurantnews.com - 5/8/2023) Razzoo’s has two new restaurants under construction and a pipeline of several additional restaurants, with the goal of opening two to four new units a year. (full story)
- Texas Roadhouse 'All In' on Growing Bubba's 33
(fsrmagazine.com - 5/8/2023) While it may take 24–36 months, he added, the goal for Texas Roadhouse would be to open 10-plus Bubba’s per year. (full story)
- Pokemoto opens two Northeast Florida stores in hopes of franchising more locations
(jaxdailyrecord.com - 5/8/2023) When the Northeast Florida restaurants open, Pokemoto will have locations in Connecticut, Florida, Georgia, Kansas, Maryland, Massachusetts, Mississippi, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas and Virginia. (full story)
- How Rock N’ Roll Sushi plans to grow from 62 to 250 units in 5 years
(restaurantdive.com - 5/8/2023) Additional units will open in cities from West Palm Beach to Daytona Beach and Orlando areas. Long-term, the company wants to move further north and east, reaching areas like Charlotte, North Carolina, and Virginia. (full story)
- MY SALON Suite Multi-Unit Franchisees to Open Three Locations in Columbus, OH
(franchising.com - 5/8/2023) MY SALON Suite, a salon suite franchise focused on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, announced plans to open three new locations in Columbus, Ohio. MY SALON Suite franchisees Eric Goodman and Greg Tishkoff will spearhead the expansion. (full story)
- Chipotle sizzles in Q1; on track to open 255 to 285 new locations in 2023
(chainstoreage.com - 5/5/2023) The fast-casual chain also confirmed its plans to open between 255 to 285 new restaurants during 2023. It opened 41 new sites during the first quarter, 34 of which featured drive-thru lanes 'Chipotlane'dedicated to digital order pickup. (full story)
- Macy’s opens more strip mall stores as expansion strategy faces pivotal test
(cnbc.com - 5/5/2023) Macy’s has opened 10 locations in strip centers — mini-versions of its namesake stores and Bloomingdale’s — and plans to add five more this fiscal year. The shops, called Market by Macy’s and Bloomie’s, are about one-fifth of the size of the retailer’s typical Macy’s and Bloomingdale’s stores. (full story)
- Inside Rack Room Shoes’ New Concept Store Design
(footwearnews.com - 5/5/2023) In the same interview, Lardie added that Rack Room remains very bullish on the future of brick-and-mortar shopping and aims to continue expanding its presence by adding 3 percent to 5 percent more units annually, with a concentration on the southern U.S. states. (full story)
- After strong recent openings, Portillo's hints at bigger ambitions
(restaurantbusinessonline.com - 5/5/2023) Portillo’s opened four restaurants last year and plans to open 13 this year. The new restaurants have done well, contributing to a 16% increase in total revenue in the first quarter. (full story)
- Royal Farms Expands Into North Carolina
(cspdailynews.com - 5/5/2023) The retailer plans to open additional stores in North Carolina in New Bern, Greenville, Lumberton, Kinston and Jacksonville, N.C. (full story)
- Natural Grocers by Vitamin Cottage Announces Second Quarter Fiscal 2023 Results
(prnewswire.com - 5/5/2023) During the second quarter of fiscal 2023, the Company opened one store, ending the quarter with a total of 166 stores in 21 states. As of May 4, 2023, the Company has signed leases for an additional five new stores planned to open in fiscal years 2023 and beyond. (full story)
- Paris Baguette Continues To Dominate the Bakery Franchise Industry, Signs First Agreement in Hawaii
(restaurantnews.com - 5/5/2023) After a remarkable 2022 and strong first quarter in 2023, the franchisor is continuing along an impressive growth trajectory with its most recent signing of its first four locations in Hawaii. (full story)
- Bushfire Kitchen Plans Opening in Rancho Cucamonga, California
(qsrmagazine.com - 5/5/2023) Bushfire Kitchen plans to continue its expansion across Southern California with additional locations coming soon. (full story)
- Tint World Opens First of Three Franchise Locations in Missouri
(franchising.com - 5/5/2023) Tint World St. Charles, owned by father and son team Andy and Drew Gladstein, offers drivers throughout the northwestern St. Louis area premium automotive style and performance services and a comprehensive selection of top aftermarket products from the most popular brands. (full story)
- Salad and Go hires Corey Horsch as CFO
(restaurantdive.com - 5/5/2023) At Salad and Go, Horsch will oversee the company’s finances as the brand expands to new markets. The chain has about 90 stores in Arizona, Texas, Oklahoma and Nevada and is on pace to reach 135 units by the end of 2023, according to the press release. (full story)
- Wingstop Puts 'Foot on the Gas' and Doesn't Let Up
(qsrmagazine.com - 5/4/2023) Wingstop has eyes on AUV north of $2 million and 7,000 restaurants systemwide (4,000 in U.S. and 3,000 internationally). In April, the brand crossed 2,000 stores globally for the first time, and its AUV is approaching $1.7 million. (full story)
- Starbucks Q2 Earnings & Revenues Beat, Stock Down
(nasdaq.com - 5/3/2023) In the fiscal second quarter, Starbucks opened 464 net new stores worldwide, bringing the total store count to 36,634... (full story)
- Current Biscuit Belly Franchisees Ink Second Development Deal to Enter North Carolina
(restaurantnews.com - 5/3/2023) Current Biscuit Belly franchise partners, Todd Gallinek and Deepen Patel, have signed on to open six new locations and are eager to bring a delicious brunch to the Charlotte area. (full story)
- Beef-a-Roo Makes Wisconsin Debut with Innovative Location Concept
(restaurantnews.com - 5/3/2023) The franchise plans to open three new restaurants located in Beloit, WI, Janesville, WI and Monroe, WI, through its new innovative modular container location concept. (full story)
- Driven Brands Holdings Inc. Reports Strong First Quarter Results
(prnewswire.com - 5/3/2023) The Company added 59 net new stores during the quarter... (full story)
- Darden to Acquire Ruth's Chris for $715 Million
(fsrmagazine.com - 5/3/2023) Cheryl Henry will remain as president of Ruth's and will report directly to Cardenas. "We are excited about the opportunity to join the Darden family," Henry said in a statement. "Our strategy and operating philosophy aligns well with Darden, and we have a strong cultural fit that should ensure a smooth transition." (full story)
- Jenny Craig Reportedly Shutting Down All Operations After Four Decades
(people.com - 5/3/2023) The decision comes less than a week after Bloomberg reported that the company had about $250 million of debt and was considering a bankruptcy filing if efforts to find a buyer for its assets failed. (full story)
- Sea Bags logo Sea Bags Celebrates Company Milestone with 50th Retail Store Opening
(retaildive.com - 5/3/2023) After more than 20 years of success on Portland, Maine’s historic working waterfront, Sea Bags, the iconic designer and manufacturer of stylish and durable bags, totes, and home goods all handmade from recycled sail cloth, will celebrate the opening of its 50th retail store this spring... (full story)
- Nothing Bundt Cakes on track to double openings in 2023
(chainstoreage.com - 5/2/2023) The Dallas-based company, which has locations throughout 43 states and Canada, opened 51 locations in 2022, with plans to open 110 by the end of 2023. (full story)
- Teriyaki Madness Takes on 2023 With UnBOWLievable Growth
(franchising.com - 5/2/2023) Looking to the remainder of the year, the brand is targeting the greater San Francisco, Phoenix, Los Angeles, Houston, Chicago, and Dallas areas, as well as northern New Jersey up through Massachusetts, for further expansion. (full story)
- Salata Inks Franchise Agreement in North Texas
(qsrmagazine.com - 5/2/2023) Salata has been growing rapidly across the nation on its road to 100 locations, but especially in Texas. In fact, the brand has already opened 3 restaurants in 2023, all in its home state of Texas. With another 17 openings slotted for the year; the brand is expected to reach 100 locations by the end of the year. (full story)
- Eggs Up Grill Keeps Growth Momentum Going in 2023
(fsrmagazine.com - 5/1/2023) Arya Restaurant Group, LLC, an investment group with quick-service, c-store and hospitality experience, will develop 10 Eggs Up Grill restaurants across Central North Carolina. Tony and Bridgett Sawyer, currently 50+ unit franchisees of Sport Clips, will develop an additional 10 restaurants in the Hampton Roads, Virginia territory. (full story)
- Biscuit Belly Plans to Grow in North Carolina
(qsrmagazine.com - 5/1/2023) Current Biscuit Belly franchise partners, Todd Gallinek and Deepen Patel, have signed on to open six new locations and are eager to bring a delicious brunch to the Charlotte area. (full story)
- Carter's Plans 1,000 Stores in the U.S. by 2027
(risnews.com - 5/1/2023) The company has nearly 800 stores now and in addition to the 50 2023 openings, it plans to close around 10 stores upon lease expiration this year. Collectively, the new stores are expected to contribute about $40 million in sales this year. (full story)
- Multi-Unit Developer Karnardo Garnett Expands the Habit Presence in Florida
(franchising.com - 5/1/2023) Mr. Garnett’s hospitality-first mindset and passion for building successful relationships led him to franchise with The Habit Burger Grill in early 2022 when he signed a partnership to develop 10 new Habit restaurants in the Tampa Bay market. (full story)
- Rite Aid Opens 4th Small-Format Store in Rural Virginia
(progressivegrocer.com - 5/1/2023) Rite Aid Corp. opened a Rite Aid Pharmacy in Grottoes, Va., the fourth store in rural Virginia as part of a pilot program to improve access for pharmacy services... (full story)
- Curaleaf Reports Fourth Quarter and Fiscal Year End 2022 Results
(prnewswire.com - 5/1/2023) Opened 28 locations across key strategic markets, including Arizona, Florida, Maryland and Pennsylvania...21 new stores opened and seven stores added via acquisition... (full story)
- Aldi plans to open 120 stores in 2023
(grocerydive.com - 5/1/2023) Aldi plans to open 120 new stores in the U.S. during 2023 and is working to have more than 2,400 locations across the country by the end of the year, the German grocer announced... (full story)
- Sprouts Farmers Market, Inc. Reports First Quarter 2023 Results
(yahoo.com - 5/1/2023) Opened 8 new stores, closed 1 store, and acquired 2 previously licensed stores, resulting in 395 stores in 23 states as of April 2, 2023... (full story)
- Whataburger Plans To Open 80 New Stores in Georgia, Alabama Over Five Years
(costar.com - 5/1/2023) Whataburger, a fast-food chain whose original stores featured orange A-frame buildings, plans to open at least 80 stores in Georgia and Alabama over the next five years... (full story)
- Portillo's Will Open 3 New Restaurants in the Chicago Area, But 1 is Different From the Rest
(nbcchicago.com - 4/28/2023) According to a press release from the chain, all three stores will be located in Chicago’s suburbs, with the new location in Rosemont eliminating dine-in for customers. (full story)
- Clean Eatz Finalizes Multi-Unit Deal to Bring 3 Franchise Locations to Southeast Florida
(restaurantnews.com - 4/28/2023) Site selection is currently underway, with the locations expected to arrive in Boynton Beach, Jupiter, and Wellington, in Palm Beach County. This deal is spearheaded by Dave Schaefers, alongside his daughter, Kylie Schaefers, and two business partners, Ryan Spencer and Alex Wallace. (full story)
- Caribou Coffee plans multiple drive-thrus in Fort Myers, Naples area
(gulfshorebusiness.com - 4/28/2023) Covelli Family Limited Partnership, the franchisee that plans to open 60 Caribou Coffee locations in Florida including in Gainesville and along the west coast of the state from Tampa to Naples. (full story)
- Majors Management, Couche-Tard Split Up MAPCO Express
(cspdailynews.com - 4/28/2023) Majors Management LLC has agreed to acquire MAPCO Express Inc., contingent on a separate transaction whereby a third party will acquire some MAPCO fuel and convenience retail sites. That third party is Alimentation Couche-Tard, which has agreed to acquire 112 c-stores carved out from MAPCO Express. (full story)
- Golden Chick Continues Historic Growth Strategy with Multiple New Openings
(restaurantnews.com - 4/28/2023) Golden Chick’s anticipated corporate location increases this year will double the existing number of corporately-owned restaurants, maintaining the brand’s corporate control of 10% of its now 216 locations across Texas, Oklahoma, Florida and Louisiana. (full story)
- Melting Pot plans to open a remodel weekly through 2023
(nrn.com - 4/28/2023) Johnston said the concept is looking at franchising possibilities in Charleston, S.C., Chattanooga, Tenn., Houston, Memphis, Tenn., and Montgomery, Ala. The company is also near the opening of a company-owned location in St. Petersburg, Fla., which it says will be “a training center of excellence for the brand.” (full story)
- 50th Location Opens for Scenthound
(digitalmag.petbusiness.com - 4/28/2023) "We're excited for future planned entrances and expansions across the country in metros like Philadelphia, Phoenix, San Diego, Nashville, Tampa and more." (full story)
- Scooter’s Coffee Opens 600th U.S. Location
(franchising.com - 4/28/2023) “2023 has been a banner year for us,” added Don Eckles. “Besides opening our 600th store, we’ve also just celebrated 25 years in business, and we don’t plan on slowing down anytime soon.” (full story)
- Celebree School Heads West: Announces 3 Signed Franchise Agreements in Oklahoma
(franchising.com - 4/28/2023) This agreement marks the brand’s entrance into the state of Oklahoma where demand for quality childhood education rises. The couple behind the three-unit agreement is Karl and Jennifer Neumaier. (full story)
- Self Esteem Brands Reports Record Domestic Franchise Sales in Q1 2023 for Waxing the City
(franchising.com - 4/28/2023) With 18 locations awarded in Q1 2023 and 145 units now open across the U.S., the brand is also on track to launch 30 locations in 2023 – twice the amount opened in 2022. (full story)
- Tuesday Morning Is Going Out of Business and Closing All Stores
(bestlifeonline.com - 4/28/2023) Executives hoped Tuesday Morning would "emerge as a stronger retailer," but even at a smaller size, the company can no longer stay afloat. Yesterday, Tuesday Morning confirmed it is going out of business and closing all 200 of its remaining stores. (full story)
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