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- Blaze Fast-Fire’d Pizza Signs Development Deal for Dallas
(franchising.com - 7/2/2019) Mallet, an existing franchisee who joined the brand in January 2018, is currently developing a non-traditional Blaze Pizza location at the Fort Bliss Army Base in El Paso. Her new development deal includes adding three traditional Blaze Pizza locations throughout North Dallas. (full story)
- Spot Coffee expands business with new franchise agreements
(verdictfoodservice.com - 7/1/2019) The coffee chain entered a franchise agreement last month with American supermarket chain Tops Markets to develop its SPoT Express location. (full story)
- Go Go Curry opening in New Jersey
(fastcasual.com - 7/1/2019) Go Go Curry, a fast casual concept specializing in authentic Japanese comfort food, is opening its first New Jersey location inside ... (full story)
- TPG Doesn’t Skip Acquisition Day
(morningbrew.com - 7/1/2019) Yesterday, private equity firm TPG said it will buy gym chain Crunch Fitness for the best kind of amount: undisclosed. Crunch’s new personal balance sheet trainer comes about 10 years after Angelo Gordon handed Crunch a life raft investment during chapter 11 bankruptcy. (full story)
- Hooters Of America Has Been Sold
(restaurantbusinessonline.com - 7/1/2019) Hooters of America, the breastaurant chain long rumored to be for sale, has been acquired by Nord Bay Capital and TriArtisan Capital Advisors, the parties announced late Monday. (full story)
- Duluth Trading Co. celebrates opening of first Georgia location in Kennesaw
(mdjonline.com - 6/29/2019) Beidler said that the company has opened 10 to 11 stores in the past year and plan to open another 15 this year. “Our stuff is very unique and function-focused,” Beidler said. “You can read about it all you want online, but when you get into a store and you can touch it, feel it, try it on, squat, bend over in it, you get that opportunity to see what it’s really doing.” (full story)
- Qdoba looks to expand into Alabama, South
(al.com - 6/28/2019) Qdoba Mexican Eats and multi-unit operator, Premier Queso Kings, LLC, are partnering for a 20-unit deal to develop locations in and around Atlanta and across Alabama, according to a news release. The first Atlanta restaurant should open later this year or early next year. (full story)
- Pilot Flying J to Open 6 Travel Centers in West Texas
(cspdailynews.com - 6/28/2019) Three of the six stores opened between June 13 and June 27. They included a Flying J Travel Center in Kermit, Texas, and two Pilot Travel Centers in Monahans (pictured) and Midland, Texas. The final three, set to open later this year, will be in Odessa, Midland and Andrews, Texas. (full story)
- Refuel Acquires Bishopville Petroleum
(cspdailynews.com - 6/28/2019) “Refuel has started construction on two stores since our purchase of the West Oil assets. One of the new builds is in Sumter and the other is located in the highly sought-after Nexton Development in Summerville. Refuel has eight additional new builds in the pipeline, most of which are in the Charleston market.” (full story)
- Why Big Growth Can Come in Small Footprints
(qsrmagazine.com - 6/28/2019) For the brand and its franchisees, the smaller, fast-casual format unlocks fresh real estate opportunities, trims the upfront investment, and quickens the construction timeline. This, Lane says, enlarges the pool of prospective franchise partners, expedites the chain’s movement into new markets, and drives deeper marketplace penetration. (full story)
- Love’s Opens Three New Travel Stops
(cstoredecisions.com - 6/28/2019) "These three locations place us in the perfect spots to serve more customers,” said Tom Love, executive chairman and founder of Love’s. “All are along major interstates that are popular for trade routes and leisure travel." (full story)
- VSP Global Enters Into Definitive Agreement To Acquire Visionworks
(prnewswire.com - 6/28/2019) VSP Global, announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest VSP network investment in the company's 65-year history. (full story)
- First of 10 new Charleston-area convenience stores in $50M investment set to open
(postandcourier.com - 6/28/2019) Savannah-based Parker’s Kitchen will launch its first area location at 5 p.m. Friday at 115 S. Highway 52 in Moncks Corner. Two more stores are in the works for the Berkeley County seat. Other planned locations include two in Summerville and Goose Creek, and one each in West Ashley, North Charleston, and Cane Bay in Berkeley County. (full story)
- BIBIBOP Asian Grill Ready for Kansas City Debut
(qsrmagazine.com - 6/28/2019) Kansas City-area residents will have not one, but three BIBIBOP locations to choose from, making it even easier to get their fresh Asian food fix. BIBIBOP has taken ... (full story)
- H&M shares jump as early summer sales shine
(euronews.com - 6/27/2019) H&M also said it was cutting the net number of new stores it plans to open in 2019 to around 130 from 175... (full story)
- McCarthy Tire to acquire 13 GCR outlets, 3 retread plants
(tirebusiness.com - 6/27/2019) McCarthy Tire Service is buying 13 GCR Tires & Service stores and three retread plants in North Carolina, South Carolina and Virginia from Bridgestone Americas Tire Operations L.L.C. (full story)
- Leasing Nightmares: Curse of the Forgotten Lease
(modernrestaurantmanagement.com - 6/27/2019) No amount of effort placed into lease negotiations can justify not having a lease management process after lease execution. While it is understandable that a person passionate about starting and managing a restaurant business would likely not be passionate about lease administration, with overhead increasing in all other areas for the restaurant industry, effective management of this significant item of overhead has never been more crucial. (full story)
- BurgerFi's Puerto Rico launch will add 200 jobs
(fastcasual.com - 6/27/2019) BurgerFi is opening six units over the next five years in Puerto Rico and creating hundreds of jobs along the way, according to ... (full story)
- New Napa Xfinity store part of effort to help customers embrace latest tech
(northbaybusinessjournal.com - 6/26/2019) On June 22, the company held a grand opening in Napa for its 300th Xfinity retail outlet. "We’re opening stores at a rapid pace throughout California,” said Kristeen Cominiello, regional vice president of sales and marketing. “This is our 15th new store in 18 months, and we plan to add seven more in 2020."
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- How Should Retail Leases Account for Omni-Channel Transactions?
(nreionline.com - 6/26/2019) Retailers’ omni-channel sales efforts pose a challenge for retail landlords on how to properly calculate rents. Retail landlords need to adapt to tenants increasinglty employing omni-channel sales formats, according to industry insiders.
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- Out with the Old: Embracing the Value of Evolved Retail Centers
(nreionline.com - 6/26/2019) This type of outside-the-box thinking is critical when it comes to creating a successful tenant mix. We live in an age of instant gratification, when consumers expect and appreciate a one-stop-shop experience, so developers need to identify and implement strategies to meet this demand. (full story)
- Don Pablo's, Farrell's Call It Quits
(restaurantbusinessonline.com - 6/25/2019) The last remaining branches of the venerable full-service chains have shut down, according to local media reports, marking the end of what were once celebrated concepts. (full story)
- Driven Brands expanding Take 5 Oil Change brand with Texas quick lube acquisition
(tirebusiness.com - 6/25/2019) Driven Brands Inc. has acquired Advance Kwik Lube, a chain of quick lube and automotive service centers with 25 outlets in Texas, and plans to convert the outlets to its Take 5 Oil Change brand over time. (full story)
- Ziggi’s Coffee Signs Milestone 30th Franchise Agreement
(qsrmagazine.com - 6/25/2019) Ziggi’s Coffee hits a milestone with the signing of its 30th franchise agreement. Since the launch of its highly touted franchise program in 2016, Ziggi’s Coffee has grown to 17 locations across three states, with 18 more units in development. The latest agreement will bring additional units to Northern Colorado with ... (full story)
- Del Frisco's sold to private equity firm for $650M
(restaurantdive.com - 6/24/2019) Upon closing, L Catterton plans to run bartaco and Barcelona Wine Bar separately from De Frisco's Grille and Del Frisco's Double Eagle Steakhouse. (full story)
- Pure Barre Partners To Expand In New York’s Tri-State Region
(sgbonline.com - 6/24/2019) Pure Barre, the largest barre concept in North America, has partnered with Palladin Consumer Retail Partners, a Boston-based private investment firm, to acquire 28 Pure Barre studios in New York’s tri-state region. In addition to taking over Pure Barre’s 13 existing studios in the region, the partnership will lead to the development and opening of 15 new studios in the area over the next three years.
(full story)
- Garbanzo Unveils Aggressive Franchise Growth Initiative
(qsrmagazine.com - 6/24/2019) Garbanzo Mediterranean Fresh ... announced Monday an aggressive franchise growth initiative to increase its presence across the United States. Planning to add 50 new locations to the brand’s development pipeline annually, expansion will focus on territories from the Rocky Mountain states to the Midwest and down south through ... (full story)
- Del Frisco's to be acquired by L Catterton
(nrn.com - 6/24/2019) Del Frisco's Restaurant Group, Inc. has agreed to be acquired by private equity firm L Catterton. The all-cash transaction is valued at ... (full story)
- The Crack Shack poised for growth beyond California
(nrn.com - 6/24/2019) High-caliber ingredients meet a no-fuss atmosphere at The Crack Shack, a five-unit fried chicken chain set to expand beyond its home market of California this ... (full story)
- Jon Smith Subs Announces Expansion to Georgia
(restaurantnews.com - 6/21/2019) The ambitious expansion of Jon Smith Subs, a member of the United Franchise Group affiliated companies and brands, continues at full speed during 2019. The brand is excited to announce that its first location in Georgia is now ... (full story)
- Fred's closing another 49 stores this summer, see the list
(usatoday.com - 6/21/2019) Discount chain Fred's is closing 49 more stores, the Memphis-based company announced Friday. It's the third round of closings since April and comes five weeks after "going out of business" liquidation sales began at 105 Fred's stores and follows the decision to shutter 159 locations. (full story)
- Pet Supplies Plus Signs 22 Franchise Agreements in Early 2019, Will Result in 46 New Stores
(prnewswire.com - 6/21/2019) Earlier this year, Pet Supplies Plus ranked No. 1 in the pet store category on Entrepreneur magazine's prestigious Franchise 500 list for the fifth straight year and No. 46 overall. With 460 stores open in 33 states, PSP is on track to surpass its goal of adding at least 50 stores by year end. (full story)
- Safeway plans Seattle upgrades and redevelopments, but questions remain about timing
(seattletimes.com - 6/21/2019) Despite a business environment that might make a company want to “throw out a drag line and go slower on investment,” Schroeder says, Safeway sees potential for improvement. “And our part of that is to make sure that we’re leaning in and betting on the future of Seattle,” says Schroeder–a position he hopes recent announcements have helped make clear.
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- Iconic NYC costume and beauty store Ricky’s is on its last legs
(nypost.com - 6/21/2019) Ricky’s has been shrinking at a heart-stopping pace of late. It’s down to just four locations from 13 in the fall. At its peak just four years ago, Ricky’s operated 29 locations, all in the New York area except for an outpost in Miami. (full story)
- Jiffy Lube franchisees open 3 Multicare stores in Florida
(tirebusiness.com - 6/21/2019) The new stores are in the Orlando, Tampa and Miami markets, according to Jiffy Lube, a subsidiary of Shell Oil Co. (full story)
- Pigtails & Crewcuts Meets Demand for Enjoyable Children’s Haircut Experience
(franchising.com - 6/20/2019) Pigtails & Crewcuts, a national children’s hair salon franchise, is building on Georgia’s demand for stress-free and memorable kids’ hair services with aggressive expansion plans. (full story)
- Franchisee-turned-CEO Grows Cookie Cutters Haircuts to 100
(franchisetimes.com - 6/20/2019) “I did a full bore competitive analysis and saw a lot of blue sky,” says Courtney, and so they jumped in, acquiring Cookie Cutters when it had 26 salons. The brand’s 100th location opened earlier this month in Highland Ranch, Colorado, and No. 101 will open next week ... (full story)
- KFC debuts new flagship restaurant in Louisville
(bizjournals.com - 6/20/2019) The new look is an upscale version of KFC’s American Showman design, said Brian Cahoe, chief development officer of KFC U.S. The American Showman design debuted at the Taylorsville Road restaurant in ... (full story)
- Another Broken Egg Cafe Set for Explosive Growth
(restaurantnews.com - 6/20/2019) The cafe, currently dominating the daytime-only segment franchise, operates 68 locations throughout 12 states, blazing a path of expansion to 300 by 2025. (full story)
- Taco Lovers Dig In–Fuzzy’s Taco Shop Launches Strategic Plan to Expand Franchise Presence Across US
(restaurantnews.com - 6/20/2019) ... contagious vibe has helped Fuzzy’s Taco Shop surf past its competition to become one of the fastest growing brands in the taco category, opening 70 locations in the last three years with its sights set reaching the milestone 200th ... (full story)
- Fatburger's Owner Buys Elevation Burger For $10M
(restaurantbusinessonline.com - 6/20/2019) The Los Angeles-based FAT Brands, which owns Fatburger and Ponderosa, among other chains, is paying a combination of cash and a “sellers’ note” to buy the Arlington, Va.-based Elevation Burger. (full story)
- As Pot Culture Goes Mainstream, Cheba Hut Looks To Grow—And Grow Up
(restaurantbusinessonline.com - 6/20/2019) We’re going to grow the company stores by three to four a year. We can do that with loans and cash flow. And there’s the prototype for franchisees. We’re fine where we’re at. We’re on track to hit 50 stores in two years. (full story)
- Salad franchise locating in Johnson City
(johnsoncitypress.com - 6/20/2019) Taveau’s restaurant will be the first Saladworks franchise in Tennessee. She plans to open other locations in Bristol and Kingsport. (full story)
- Grocery Outlet makes its public debut
(supermarketnews.com - 6/20/2019) Grocery Outlet aims to open 32 new stores during 2019, up from 26 last year. In filing its IPO, the company said it sees an opportunity to open more than 400 additional stores in its current market area plus another 1,600 locations in neighboring states, with the potential for as many as 4,800 stores nationwide over the long term. (full story)
- Ace to open 11 former OSH stores
(hbsdealer.com - 6/19/2019) With 173 new domestic store openings in 2018, Ace Hardware has more than 4,400 stores across the country. The former OSH stores where Ace intends to open are located in both northern and southern California. (full story)
- Healthy fast-casual chain Rush Bowls to open 5 Michigan locations
(clickondetroit.com - 6/19/2019) Rush Bowls is planning to open five Michigan locations, with their first location in Downtown Detroit, inside the District Detroit... (full story)
- Happy’s Pizza Marks 25 Years Primed for Explosive Growth
(franchising.com - 6/19/2019) The franchise has about 75 stores opened, with many more on the way, says Mark Wolok, vice president of business development for Happy’s Pizza franchise. Wolok says Happy’s Pizza locations are cooking across the country with franchise opportunities still available. (full story)
- Hungry Howie’s Makes Arkansas Debut Primed for More Expansion
(franchising.com - 6/18/2019) With more than 550 locations, Madison Heights, Michigan-based Hungry Howie's Pizza is looking to further expand its national footprint as a leading quick-service brand in new and existing cities. Along with Arkansas, store openings are planned across a multitude of markets in 2019, including Arizona, Nevada, Texas, and Tennessee. (full story)
- Urban Air Adventure Park on the hunt for vacant space in South Florida
(therealdeal.com - 6/18/2019) A Dallas, Texas chain of indoor amusement parks is looking for more vacant stores in South Florida after leasing four suburban locations. Franchisees of Urban Air Adventure Park signed 10-year leases to occupy a freestanding store in Coral Springs and three other stores at shopping malls in Kendall, Plantation and Wellington.
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- Franchise Celebrates Landmark Opening with Plans for Growth in 2019 and Beyond
(finance.yahoo.com - 6/18/2019) Russo's New York Pizzeria, the nation's only chef-driven New York-style, Italian restaurant and pizzeria franchise concept, marks its 50th location in the Pearland Town Center. The Pearland location's milestone opening was one of five openings for the brand in 2018, with new locations in ... (full story)
- Crate and Barrel Acquires Hudson Grace
(designretailonline.com - 6/18/2019) Chicago-based home goods retailer Crate and Barrel has announced its acquisition of boutique home décor provider Hudson Grace. The San Francisco-based company will be overseen and grown by Crate and Barrel through expansion into niche markets and an invigorated online presence. (full story)
- BizCom Associates Welcomes School of Rock to Client Roster
(franchising.com - 6/18/2019) “As School of Rock continues to see significant growth and expansion worldwide, we needed a PR partner to support the brand as it targets new markets and customers within the music education space,” said Rob Price, CEO of School of Rock. (full story)
- Hip Hop Helps Versace Expand With 300 New Stores
(forbes.com - 6/18/2019) Capri Holding’s, Versace’s new owner due to its $2.1 billion acquisition of the iconic Italian brand is vying for a bigger stake with urban consumers by opening 300 new stores by 2022.
(full story)
- Hooters Opens 20th Location in Georgia
(foodnewsfeed.com - 6/17/2019) In the last 3 years, Hooters has opened 30 new corporate-owned locations and 35 franchise-owned locations. Hooters is accelerating its growth of new restaurants, both with franchise and company owned locations, and is actively seeking qualified franchise partners to open new locations in select markets across the U.S. and around the globe. (full story)
- Is This a Sign That Dollar General Is a Buy?
(fool.com - 6/17/2019) CEO Todd Vasos said the chain opened 240 new stores during the first quarter and plans 975 new locations for all of 2019... (full story)
- Eyemart Express Opens 200th Milestone Store with Expansion in Florida
(prnewswire.com - 6/17/2019) Eyemart Express, a leading national optical retailer and fastest provider of quality eyewear in the industry, announces its expansion into Florida with the opening of its 200th store... (full story)
- Bowling returns to this East Bay city
(eastbaytimes.com - 6/17/2019) Along with Hayward, two additional stores are set to open in Burbank and Roseville, which will bring the number of Round One locations in California to 11. (full story)
- The Case for Growing in Developing Areas
(foodnewsfeed.com - 6/17/2019) Real estate professionals often say the three most important factors in real estate are location, location, and location. This rings true in residential real estate—however, its impact may be even more significant in commercial real estate for certain kinds of businesses. (full story)
- 100 Years and Counting: A&W Finds its Groove in the 21st Century
(franchising.com - 6/15/2019) ... We are focused on an accelerated growth plan with a goal of adding another 50 to 75 restaurants per year to our pipeline, with a continued focus on growing profitable same store sales. (full story)
- Twin Peaks Signs Development Deal for Nashville
(foodnewsfeed.com - 6/14/2019) Twin Peaks is heading to Nashville. CEO Joe Hummel announced that the company executed a second area development agreement with Permian Entertainment, LLC, an entity created by Graham Brothers Entertainment, to bring three Twin Peaks locations to the Nashville area. The agreement anticipates ... (full story)
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