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- Guillermo Perales takes on Taco Bueno
(restaurantbusinessonline.com - 9/3/2019) Since buying the Dallas-based Taco Bueno out of bankruptcy in January, he hasn’t opened one, though he has chosen a new prototype and has four restaurants under construction. “We’ve been slow at it,” Perales said in an interview ... (full story)
- What Macy's is doing to combat criticism of its aging mall locations
(dallasnews.com - 9/3/2019) Seven Texas Macy's stores are among a new group of 100 the department store retailer plans to upgrade. Macy's said Tuesday that it's about to remodel 100 more stores after upgrading 50 stores last year.
(full story)
- How Shake Shack Shares Have More Than Doubled This Year
(fool.com - 9/2/2019) The chain has opened 21 new stores since the start of the year, and same-Shack sales (foot traffic and average guest ticket size) grew 3.6% at existing stores... (full story)
- E.C. Barton Launching New Home Improvement Chain
(floordaily.net - 8/30/2019) The Barton’s Home Improvement pilot launched on July 8, 2019 with a new store opening in Conway, Arkansas and will comprise eight pilot locations by the end of the year. (full story)
- Burlington Stores Beats on Q2 Earnings, Raises View
(finance.yahoo.com - 8/30/2019) During the reported quarter, Burlington Stores opened 10 new stores, relocated one store and shuttered two stores... (full story)
- Hooters Opens Newest Location in Prattville, Alabama
(restaurantnews.com - 8/30/2019) In the last 3 years, Hooters has opened 30 new corporate-owned locations and 40 franchise-owned locations. Hooters is accelerating its growth of new restaurants, both with franchise and company owned locations, and is actively ... (full story)
- DQ Execs Talk Expansion, Rivals and ...
(franchisetimes.com - 8/30/2019) “There’s an opportunity to open 30 to 50 Grill & Chills but we would do that at a reasonable pace,” Davis said about the brand’s plans in Chicagoland, adding they are not yet ready to identify their new franchisees in the area but expect to be able to do so soon. (full story)
- Tin Drum Asian Kitchen to Open the First of 5 Restaurants in Houston
(retailrestaurantfb.com - 8/30/2019) Atlanta-based Tin Drum Asian Kitchen, will open the first of five restaurants in Houston this year. Tin Drum has tapped experienced Houston restaurateurs Shairoz Lakhani, Avez Maredia and Faizan Momin to own and operate the five units in the Houston area. They are currently identifying potential locations and plan to open by early 2020.
(full story)
- Burlington Stores store remodels gaining traction
(hometextilestoday.com - 8/29/2019) By the end of this year, Burlington Stores will have remodeled over 60% of its store fleet. During the company’s second quarter conference call this morning, executives for the 691-unit off-price chain reiterated the long-term strategy of getting to 1,000 stores in the US. (full story)
- Ollie's Stock Now a Bargain, Too
(realmoney.thestreet.com - 8/29/2019) On the one hand, he noted that big sales gains from the 29 new stores opened so far in 2019 contributed to top-line growth... (full story)
- Five Below, Inc. Announces Second Quarter Fiscal 2019 Financial Results
(finance.yahoo.com - 8/29/2019) The Company opened 44 new stores and ended the quarter with 833 stores in 36 states... (full story)
- Ulta Beauty Announces Second Quarter Fiscal 2019 Results
(finance.yahoo.com - 8/29/2019) Real estate activity in the second quarter of fiscal 2019 included 20 new stores, eight remodels, and four relocations... (full story)
- Starbucks building new store at Corvette exit
(bgdailynews.com - 8/29/2019) The company opened 319 net new stores worldwide in the second quarter, giving it 30,184 stores at the end of the quarter, a 7 percent increase over the prior year... (full story)
- QDOBA Mexican Eats Expands Across Canada with Newest Multi-Unit Agreement
(restaurantnews.com - 8/29/2019) QDOBA Mexican Eats®, a leading Mexican fast-casual chain, today announced its continued expansion across Canada through an agreement with multi-unit operator, Burgess Enterprise. The five-unit deal focuses on locations to be developed in and around Northern Ontario, with the group’s first QDOBA restaurant set to open in Sault Ste. Marie in ... (full story)
- Ethan Allen continues store repositioning
(furnituretoday.com - 8/28/2019) The publicly held maker and seller of home furnishings noted in a release the Houston and Lancaster plans as well as new Design Centers slated for McLean and Tyson’s Corner, Va., and Rancho Mirage, Calif. Ethan Allen recently opened new Design Centers in Albany, N.Y., Ann Arbor, Mich., and Cincinnati, as well as its first smaller scale, tech-oriented Design Studio at The Westchester in White Plains, N.Y. (full story)
- MOOYAH Burgers, Fries & Shakes Plans to Add Nine Locations in Orlando ...
(restaurantnews.com - 8/28/2019) The Orlando openings mark the second and third MOOYAH Burgers, Fries & Shakes restaurants in the market, joining the existing Oviedo Mall location that opened last fall. The franchise brand is planning to bring an additional six locations to the greater Orlando area, creating a total of more than (full story)
- Hudson's Bay Co. signs deal to sell Lord and Taylor banner to Le Tote
(ctvnews.ca - 8/28/2019) Canada's oldest retailer is selling one of its banners to a clothing rental subscription service while maintaining an equity stake in the new business that the CEO says will be "a first in the industry." Hudson's Bay Co. will receive $99.5 million in cash from Le Tote for its Lord and Taylor banner when the deal closes, the company said Wednesday, and a secured promissory note for $33.4 million payable in cash after two years. (full story)
- Regis selling rest of company-owned salons
(startribune.com - 8/27/2019) Regis Corp. plans to sell more than 3,100 salons in its transition to a full franchise business model. The corporate style change that Regis is undergoing will also cut the total number of salon brands from more than 50 to just five core brands: Supercuts, SmartStyle, Cost Cutters, First Choice Haircutters and Roosters.
(full story)
- Liberty Tax, Inc. To Acquire Outlet Business From Sears Hometown And Outlet Stores, Inc.
(finance.yahoo.com - 8/27/2019) Liberty Tax, Inc., the parent company of Liberty Tax Service and Buddy's Home Furnishings, and Sears Hometown and Outlet Stores, Inc., today announced that they have entered into a definitive purchase agreement whereby Liberty Tax will acquire Sears Hometown's Outlet business as well as its Buddy's Home Furnishings Stores (collectively, the "Sears Outlet business") in an all cash transaction valued at up to approximately $132.9 million. (full story)
- Valvoline expands to 1,200+ locations
(tirebusiness.com - 8/27/2019) The network of Valvoline Instant Oil Change outlets grew by 42 in the first half of 2019, including 16 opened by seven VOIC franchisees. These latest openings expanded the VOIC network in the U.S. to more than 1,200 locations in 46 states. The new stores so far in 2019 have opened in 21 states.
(full story)
- Ohio’s True North Energy Buys Traverse City’s Schmuckal Oil
(cstoredecisions.com - 8/27/2019) Brecksville, Ohio-based True North Energy LLC, a joint venture between the Lyden family and Shell Oil Co., has purchased the 25 convenience retailing and petroleum marketing assets from Schmuckal Oil Co. and its affiliates in the Traverse City, Mich., market. (full story)
- Trader Joe’s opening first store in Arkansas
(storebrands.com - 8/26/2019) Monrovia, Calif.-based Trader Joe’s, arguably the most popular retailer of private brands, is expanding its national footprint by adding new locations in Florida and Kansas as well as its first store in Arkansas. (full story)
- Meijer Plans Neighborhood Market Grocery Concept
(progressivegrocer.com - 8/26/2019) Woodward Corner Market is the second location that's solely a grocery store. The first was Bridge Street Market, which opened in August 2018 in Grand Rapids, Mich. Meijer plans to open a total of six smaller-format urban stores by 2021. (full story)
- Caribou Coffee launches new tiny-store format called 'cabins
(startribune.com - 8/26/2019) The first five Caribou Cabins, which will harness the company's Northwoods vibe, will open this fall and early winter in Jordan, Burnsville, St. Peter, Big Lake and Willmar. Caribou picked these locations for their easy-on, easy-off highway access. The company said it plans to roll out several more in the next two years, including possible locations outside of Minnesota. (full story)
- Meineke Franchisee Plans 10 More Stores in Charlotte
(moderntiredealer.com - 8/26/2019) A Meineke Car Care Centers LLC franchisee in the Charlotte market plans to open 10 more locations in the next five years. Joe Cooper already owns seven Meineke franchise locations in the greater Charlotte, N.C. area.
(full story)
- Clay Dover Named CEO Of Velvet Taco
(restaurantbusinessonline.com - 8/26/2019) During Dover’s time as president of Velvet Taco, the chain grew to 11 restaurants, from four. Five more are scheduled to open before the end of 2019. (full story)
- Coolgreens adds to Dallas presence
(fastcasual.com - 8/26/2019) Coolgreens is expanding its presence in the Dallas-Fort Worth area by partnering with Dallas-natives Benny and Leily Farzad, who recently formed Farzad Food Group LLC, to open at least five locations in the area. The first is opening this fall, according to a company press release. (full story)
- Jack Williams Tire celebrates 90 years in business
(citizensvoice.com - 8/25/2019) Over the last 10 years, he said Jack Williams Tire has experienced rapid growth with the opening of 22 new locations, including 12 retail stores and 10 wholesale warehouses, and the company has no plans of slowing down. (full story)
- Krispy Kreme's Sweet Redesign Marks the Beginning of a New Era
(qsrmagazine.com - 8/23/2019) Skena didn’t go into detail about specific markets the brand expects to target, but did confirm 45 new locations will open by the end of 2020. There is still room to grow in Krispy Kreme’s core areas. (full story)
- Hibbett Reports Second Quarter Results
(streetinsider.com - 8/23/2019) For the quarter, Hibbett opened two new stores, rebranded two Hibbett stores to City Gear stores and closed 40 underperforming stores... (full story)
- Target has opened 100 mini stores and remodeled 500 bigger ones. And it’s paying off
(cnbc.com - 8/23/2019) Target announced Friday it has opened its 100th small-format location and finished remodeling its 500th location since it unveiled a $7 billion investment plan in 2017. (full story)
- Foot Locker, Inc. Reports 2019 Second Quarter Results
(finance.yahoo.com - 8/23/2019) During the second quarter, the Company opened 10 new stores, remodeled or relocated 35 stores, and closed 37 stores... (full story)
- Ross Stores Inc Q2 2019 Earnings Call Transcript
(fool.com - 8/22/2019) Turning to our Store Expansion program, we remained unscheduled with the opening of 22 new Ross and 6 dd's DISCOUNTS locations in the second quarter... (full story)
- Why Ralph Lauren Offers Good Value for Money
(finance.yahoo.com - 8/22/2019) It opened 21 new stores in concessions globally in the most recent quarter... (full story)
- Can Kelly Roddy breathe new life into Saladworks?
(fastcasual.com - 8/22/2019) "We expect a 20% lift in store growth by the end of 2019, and will continue to see double digit growth in the coming years." (full story)
- Inside America's Love Affair with &pizza
(saporemagazine.com - 8/22/2019) Seven years after its first store opening, &pizza has welcomed restaurant No. 36, with plans to open 25 - 35 more stores in the next ... (full story)
- DICK'S Sporting Goods Reports Second Quarter Results; Delivers 3.2% Increase in Same Store Sales
(prnewswire.com - 8/22/2019) In the second quarter, the Company opened two new DICK'S Sporting Goods stores and closed two DICK'S Sporting Goods stores... (full story)
- RTW Retailwinds, Inc. Announces 2019 2nd Quarter Results
(finance.yahoo.com - 8/22/2019) The Company opened 3 New York & Company stores and 2 Fashion to Figure stores, closed 1 New York & Company store and 1 Outlet store, as well as converted 2 New York & Company stores to Outlet stores... (full story)
- Ace Hardware Reports Second-Quarter Revenue Growth
(hardwareretailing.com - 8/22/2019) Significant growth from new stores, including 44 in the second quarter, solid same-store-sales growth and a 58 percent surge in revenue from acehardware.com fueled our 6.3 percent revenue increase... (full story)
- Citi Trends reports 2Q sales increase
(savannahnow.com - 8/22/2019) During the second quarter, the company opened four new stores, relocated or expanded one store and closed three stores... (full story)
- Mediterranean restaurant franchise plans expansion into Des Moines area
(businessrecord.com - 8/22/2019) The Colorado-based Garbanzo Mediterranean Fresh plans to open five restaurants in the Des Moines area within the next 24 months ... (full story)
- Rush Bowls, a Colorado meals-in-a-bowl concept, to debut in Houston
(chron.com - 8/22/2019) Rush Bowls started as a healthy meal option for college students in Boulder, Colo., and has since grown to 22 locations in 13 states and Canada ... plans to open as many as 10 restaurants in the Houston area. (full story)
- Manduu, new gym in East Memphis, offers electrifying workout; here's what to expect
(commercialappeal.com - 8/22/2019) Pettey said his franchise deal included sole rights to bring Manduu locations to Shelby, Fayette, Tipton, DeSoto, Marshall and Crittenden counties as well as Oxford, Mississippi, and Jackson, Tennessee. (full story)
- Multi-Brand Operators Open Their First of 7 Del Tacos In Atlanta
(franchising.com - 8/21/2019) "When we first joined Del Taco, we knew we were partnering with an innovative company that would inspire regional growth," said Kamara. "As Del Taco's reputation grows stronger throughout the area, we're inspired to bring the legacy brand to even more communities. Del Taco ahead of the pack when it comes to menu innovation, quality food and affordable pricing... the brand is not slowing down any time soon." (full story)
- Advance Auto Parts Rides on Expansion, High Costs Hurt
(finance.yahoo.com - 8/20/2019) In the reported quarter, the company closed and consolidated 21 stores that totals to 59 stores this year... (full story)
- Home Depot Inc Q2 2019 Earnings Call Transcript
(nasdaq.com - 8/20/2019) During the quarter, we opened two new stores, one in the US, and one in Mexico. For an ending store count of 2,291... (full story)
- Sherwin-Williams' Shares Rise 34% YTD: Here's Why
(nasdaq.com - 8/20/2019) Sherwin-Williams added 20 net new stores in the first six months of 2019... (full story)
- Casey's Stock Hits 52-Week High: What's Driving It?
(nasdaq.com - 8/20/2019) The company replaced eight stores and has eight acquisition stores under agreement to purchase. Moreover, it plans to construct 60 and acquire 25 stores in fiscal 2020... (full story)
- MOOYAH Burgers, Fries & Shakes to Open First of Three Planned Virginia Beach Locations
(restaurantnews.com - 8/20/2019) The Virginia Beach location marks the first MOOYAH Burgers, Fries & Shakes restaurant for Keval Shah and Sanjay Patel, partners and MOOYAH franchisees. The team plans to bring an additional two restaurants to Virginia Beach. (full story)
- Flywheel To Close 11 Studios
(sgbonline.com - 8/19/2019) The closures include all four of its studios in Los Angeles. Other closures will include locations in Alpharetta, GA; Austin, TX; and North Miami, FL, along with two in the San Francisco Bay Area.
(full story)
- Giant Food Stores to acquire another central Pa. family-owned supermarket chain
(pennlive.com - 8/19/2019) Musser’s Markets announced Aug. 18 it will sell three stores in Lancaster and Lebanon counties to Carlisle-based Giant. The stores are located in Quarryville, Columbia and Lebanon. (full story)
- Why YUM! Brands, and Taco Bell in Particular, Can Beat Out its Competitors
(fool.com - 8/18/2019) YUM opened 312 net new stores during the quarter that ended June 30, a growth of 7% from the previous year... (full story)
- Marijuana Stock Harvest Health & Recreation Sees Revenue Surge 39%
(finance.yahoo.com - 8/18/2019) Harvest Health & Recreation opened three new retail locations in Florida during the second quarter, bringing its total store count to 16 at the end of the period. This number should grow substantially in the quarters ahead, as Harvest Health is making aggressive moves to rapidly expand its retail footprint. (full story)
- Inside sneaker brand Koio’s plan for rapid retail expansion
(glossy.co - 8/16/2019) ... said that Koio wants to maintain this ratio. He said he will continue to “aggressively” open stores, though he does not have number and time-frame goals. (full story)
- Beaver County getting a Primanti’s
(timesonline.com - 8/16/2019) Since 2013, Primanti Bros. has more than doubled the number of restaurants it operates – primarily in Pennsylvania, Ohio, West Virginia, Maryland, Michigan and Indiana. (full story)
- Cajun Seafood Chain Expanding NJ Presence, Opening Kearny Location
(jerseydigs.com - 8/16/2019) The chain’s only existing New Jersey location opened this spring at Essex Green in West Orange. Kearny is apparently not the only community in which Hook & Reel is planning to expand. In addition to a dozen other states, there are locations planned for Elmwood Park, Linden, and Union, according to the company’s website.
(full story)
- King Kullen closing several stores
(supermarketnews.com - 8/16/2019) King Kullen Grocery Co. is shutting three supermarkets amid the Long Island, N.Y., retailer’s pending acquisition by Ahold Delhaize USA’s Stop & Shop chain. (full story)
- Gearhead Outfitters Acquires Rock/Creek Outfitters, Uncle Dan’s Outdoor Store
(sgbonline.com - 8/16/2019) The acquisition by Gearhead Outfitters will include Rock/Creek’s seven retail locations in Tennessee, along with six Uncle Dan’s locations—five in the Chicagoland area; Lincoln Square, Bannockburn, Evanston, Highland Park and Lakeview, and one Wisconsin location, Glendale. (full story)
- A Texas-size mart’s road to fame
(washingtonpost.com - 8/16/2019) It recently broke ground in Alabama and soon will have stops in Florida, Georgia, Tennessee and the Carolinas. Construction started in June for a second Alabama location, in Leeds, outside Birmingham. Three more stores are in the works to open in Florida: Daytona Beach, St. Augustine and Fort Myers. (full story)
- Grease Monkey chain plans to open in Bowling Green
(bgdailynews.com - 8/15/2019) On Monday, Bowling Green businessman Satish Patel said he plans to open a Grease Monkey franchise on the site ... Although his first Grease Monkey business won’t open for a few months, Patel is already looking to expand. (full story)
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