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7-Eleven Acquires 55 Sam's Mart Stores in the Carolinas
(PR Newswire - 1/27/2012)7-Eleven, Inc. today announced that it has entered into an agreement with Sam's Mart LLC to acquire 55 Sam's Mart stores in North and South Carolina and convert them to 7-Eleven® stores this year. Sam's Mart LLC will continue to operate its other 91 stores in the Charlotte and Atlanta metro areas. (full story)
EVOS Readies for Future Growth
(FastCasual.com - 1/27/2012)In 2012, EVOS plans to open three to four company-owned locations in Florida, with additional growth taking place on the franchise side of the business. Not only is EVOS looking to expand its footprint with traditional, in-line locations this year, it also will complete a new partnership deal with Aramark. (full story)
Report: Big-Box Retailers Take Steps to Become More Energy Efficient
(Business Insider - 1/26/2012)Big-box retailers such as Petco and Best Buy are downsizing their store sizes in order to become more energy-efficient, according to the Retail Industry Leader Assn.'s inaugural Retail Sustainability Report. Other efforts by retailers include Home Depot’s decision to shut off its parking lot lights an hour after the store closes, Staples’ request of its suppliers to reduce unnecessary packing, and IKEA’s elimination of more than 90% of plastic bags at its stores. (full story)
Nation's Largest Specialty Golf Retailer Opening 10 New Locations
(Globe Newswire - 1/26/2012)Golfsmith, the nation's largest golf retailer announced plans to open 10 new stores and relocate four existing locations in fiscal 2012. The openings and relocations combined will result in a 17.5% increase in square footage.
(full story)
Fast Casual Restaurants Hold Bright Spot in the Restaurant Industry, Says Technomic
(PR Newswire - 1/26/2012)With $27 billion in annual sales, food industry consultants Technomic point out that fast casual restaurants now represent 14 percent of all quick-service restaurant sales, compared to 5 percent just ten years ago.They are expected to continue outpacing the industry over the next five years, when fast casual growth is forecasted to compound 8 percent annually. (full story)
Smallcakes Expands Across N.C. in 20-Unit Deal
(QSR - 1/26/2012)Beautiful Brands International today announced an agreement with multi-unit developers, Brad and Francy Bauer, to open 20 new Smallcakes A Cupcakery stores in North Carolina. The first store from the agreement is slated to open spring 2012 in Wilmington, N.C. (full story)
Togo's Eateries, Inc. to Open 28 New Restaurants in 2012
(PR Newswire - 1/26/2012)As part of Togo's 40-year anniversary, the 241-unit company launched a strategic plan for expansion, which includes remodeling options for franchisees to refresh existing units. In 2012, 26 franchise locations and two corporate restaurants will open, as well as 80 existing restaurants are planned to be remodeled. (full story)
Jersey Mike’s Plans Major Development for 2012
(QSR - 1/26/2012)Jersey Mike’s will continue its steady growth in 2012, opening new units in 23 states including California, Illinois, Texas, Virginia, and Florida. Target markets for new franchisees include Seattle, New York, Atlanta, Minneapolis, Orlando and Tampa, Florida, Portland, Oregon, New Jersey, and Houston. (full story)
More Retail Centers Installing Electric Vehicle Charging Stations
(Los Angeles Times - 1/26/2012)As sales of electric cars begin to pick up, retailers nationwide are installing electric vehicle charging stations in their parking lots so customers can plug in and juice up their vehicles while browsing inside. Leading the way is drugstore chain Walgreen Co., which is installing chargers at about 800 stores nationwide. (full story)
Cold Stone Franchisees Sue Parent Company
(Nation's Restaurant News - 1/26/2012)A group of Cold Stone Creamery franchisees is suing parent company Cold Stone Creamery Inc., asking the franchisor to disclose information about a shared, vendor-contributed marketing fund and data on unredeemed gift cards. (full story)
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