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Canada Goose to open 3 new US stores
(retaildive.com - 5/26/2023)Expanding its footprint, luxury apparel brand Canada Goose is opening three new permanent U.S. stores during the next several weeks, according to details emailed to Retail Dive... (full story)
Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2023
(yahoo.com - 5/26/2023)Opened 107 new stores, relocated 33 stores, and closed 29 stores...Completed 252 Family Dollar store renovation projects... (full story)
CRISP & GREEN Continues Quest for 1,000+ Units With Expansion Into New York City
(restaurantnews.com - 5/26/2023)The restaurant brand is slated to reach 65 locations open across 20 states before the end of this year, and a total of 130 locations open before the end of 2024. (full story)
Jeremiah’s Opens New Location in Keller, Texas
(restaurantnews.com - 5/26/2023)Local entrepreneur Steven Dubberly has brought Jeremiah’s Italian Ice, the hottest brand in the frozen dessert category, to Keller, TX. With another location in development in Saginaw, TX, he hopes to open at least five Jeremiah’s locations in the Dallas-Fort Worth area. (full story)
Jersey Mike’s Subs Hits Milestone with Opening in 50th State
(qsrmagazine.com - 5/26/2023)Rosenberg plans to open two other locations in Alaska this year. A South Anchorage location is expected to open at the end of June and an Eagle River location is scheduled for late summer. (full story)
Honey Baked Ham plans to double its revenue in 6 years
(restaurantdive.com - 5/26/2023)Honey Baked is planning to develop 60 stores over the next six years, which includes the eight expected to open this year, Temme said. The company plans to open 10 to 12 units annually in the subsequent years. (full story)
Floor & Decor continues Florida expansion
(hbsdealer.com - 5/26/2023)Floor & Decor now operates about 26 stores in Florida. Overall, the retailer has 202 locations in 36 states. The total includes five design studios with the vast majority of the company’s stores being a 78,000 to 80,000-square-foot warehouse format. For 2023, Floor & Decor CEO Tom Taylor said the company expects to open 32 to 35 new stores. (full story)
Another Broken Egg Cafe Elevates Brunch Experience in Austin’s Highland Neighborhood
(franchising.com - 5/25/2023)The new location will be the second for local entrepreneurs, Nathan and Lianne Straathof, whose ownership includes another location on Mesa Drive in Austin, and the second in a multi-unit agreement with Another Broken Egg Cafe. (full story)
Cajun Steamer Bar and Grill Heats Up Growth
(fsrmagazine.com - 5/25/2023)With its newest restaurant opening in March in Hendersonville, Tennessee, the company plans to open three to four stores a year. That includes expanding to Georgia and possibly parts of Mississippi and Florida, Lanaux notes. He also wants to move the Cajun Steamer brand west to Texas. (full story)
Kohl’s posts surprise Q1 profit; Sephora helps fuel in-store sales
(chainstoreage.com - 5/24/2023)It opened two new stores in the first quarter, one of which was a relocation. "During the balance of the year, we'll open five additional new stores for a total of seven in 2023," Kingsbury said. (full story)
Buddy’s Home Furnishings Recaps First Quarter Franchise Expansion
(franchising.com - 5/24/2023)Buddy’s Home Furnishings, awarded 11 new franchise agreements during the first quarter of 2023. The agreements were awarded to five different operating groups, four of which are new to Buddy’s. Among the new franchise owners are William Hodge and Terry Maddox. (full story)
Chicken Salad Chick Announces 8-Unit Agreement: Strengthens Brand Presence Across Northern Virginia
(news-journal.com - 5/23/2023)Chicken Salad Chick, announces the signing of an eight-unit agreement that will bring new restaurants to Arlington and Fairfax Counties over the next five years. (full story)
Monro, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
(businesswire.com - 5/23/2023)During the fourth quarter of fiscal 2023, the Company acquired 5 stores, opened 2 stores and closed 4 stores. Monro ended the quarter with 1,299 company-operated stores and 77 franchised locations... (full story)
Ace Hardware Reports First Quarter 2023 Results
(https://www.franchising.com/news/20230518_ace_hardware_reports_first_quarter_2023_results.html - 5/23/2023)Ace added 50 new domestic stores in the first quarter of 2023 and cancelled 16 stores. The Company’s total domestic store count was 4,901 at the end of the first quarter of 2023 which was an increase of 111 stores from the first quarter of 2022... (full story)
Citi Trends Announces First Quarter 2023 Results
(businesswire.com - 5/23/2023)The Company now plans to open 5 new stores and remodel 10 to 20 stores in the year... (full story)
Ziggi’s Coffee Looks to Central Michigan to Continue Rapid Growth
(franchising.com - 5/23/2023)Ziggi’s Coffee, has announced its interest in continuing its growth in the state, eyeing Lancing, Kalamazoo, and Grand Rapids. (full story)
Primark opening stores in New Jersey, New York at these malls
(chainstoreage.com - 5/23/2023)The openings will give Primark a total of 20 stores in the U.S., and 428 stores globally. The retailer has set a goal to scale to 60 U.S. stores by 2026. With most of its U.S. stores located in the Northeast, Primark is planning to expand further into Southern states, including Florida and Texas. (full story)
Layne’s Chicken Fingers’ Unique Culture and Persistent Evolution Leads To Incredible Growth
(restaurantnews.com - 5/23/2023)Currently, the network includes 10 open locations and 63 more sold, with nine or 10 of those at some stage of development. While the operational side of things has played a crucial role in both the brand’s and individual franchisees’ continued success, the larger Layne’s philosophy is just as crucial, Reed said. (full story)
Jack in the Box Plows Ahead on Aggressive Growth Goals
(qsrmagazine.com - 5/23/2023)The chain is on track to reach positive unit growth in 2023 for the first time since 2019, with 25–30 new restaurants slated to open by the end of the year. (full story)
Tijuana Flats Adds Three New VPs to Leadership Team
(qsrmagazine.com - 5/23/2023)This announcement comes on the heels of Tijuana Flat’s launch of exclusive new franchising opportunities and plans to open 50 new locations throughout the Southeast by 2025. (full story)
Bubbakoo’s Burritos Opens Second Connecticut Location in Stamford
(franchising.com - 5/23/2023)Situated at 800 E Main St, new restaurant will be operated by Perry and Fenil Patel, owners of the brand’s existing Connecticut location in Orange. (full story)
Salata Signs Multi-Unit Deal to Open Stores in the Florida Panhandle
(qsrmagazine.com - 5/23/2023)Salata, recently signed an agreement with a seasoned multi-unit entrepreneur and veteran, Colin O’Hara, to develop three locations in the Panhandle of Florida. (full story)
Fogo de Chão Opening Location in Brea
(fsrmagazine.com - 5/23/2023)2023 is off to a strong start for Fogo with 12 new domestic and international leases signed and recent openings in key markets across the U.S. including Lynnwood, W.A., National Harbor, M.D., Woodland Hills, C.A., Paramus, N.J. with more planned for later this year. (full story)
Restaurant chain Cava files for IPO; sees potential for 1,000-plus locations
(chainstoreage.com - 5/22/2023)In its regulatory filings, the company said it’s in the early stages “of fulfilling our total restaurant potential,” and anticipates 34 to 44 net new Cava restaurant openings during the remainder of fiscal 2023. (full story)
TBC Corporation to Divest NTB and Tire Kingdom Businesses to Mavis
(tbccorp.com - 5/22/2023)The 595 NTB and Tire Kingdom stores Mavis is acquiring are in Florida and Texas, as well as other states in the mid-Atlantic, Midwest and South. Upon close of the transaction, Mavis’s retail footprint across all of its brands will span approximately 2,000 locations, including the 112 NTB stores acquired by Mavis from TBC in 2020. (full story)
Golf is on a roll, and so is PGA Tour Superstore
(chainstoreage.com - 5/19/2023)PGA Tour Superstore that operates 60 stores in 23 states—is expanding its lineup by 14% this year. Two have opened their doors in Boise and Orland Park, Ill., spaces are being built out in Raleigh, N.C., and Commack, N.Y, and four more are yet to be announced. (full story)
Belk expanding outlet banner with 10 new stores — here are the locations
(chainstoreage.com - 5/19/2023)Belk debuted its first outlet in January 2023, converting its store in Greeneville, Tenn., to the format. In March and April, the retailer converted an additional five locations to Belk Outlet, with stores in Laurens, S.C.; Cedar Bluff, Va.; Russellville, Ark.; Clarksville, Tenn.; and Douglasville, Ga. (full story)
Better Brunch Franchise, Famous Toastery, Announces New Vice President of Operations
(restaurantnews.com - 5/19/2023)Famous Toastery operates in three different states, has six locations in development, projects to have 26 locations operating by the end of 2023, as well open five additional locations in 2024. (full story)
Jack in the Box says drive-thru-only prototype outperforms expectations
(nrn.com - 5/19/2023)Along with quarterly earnings, Jack in the Box on Wednesday announced that it had signed development agreements to open franchised units in Mexico for the first time in three decades and would enter the Montana and Wyoming markets with both the Jack in the Box and Del Taco brands. (full story)
Why Chipotle is focused on small and college towns
(nrn.com - 5/19/2023)College towns and small towns are often one in the same, and both are on Chipotle’s radar as the chain targets that 7,000-unit footprint, from its current 3,200-plus. Currently, about 15% of the chain’s restaurants are located in a college town and the customer base has been critical for the chain since day one. (full story)
Turning Point Seeks Growth, But Won't Compromise Core Values
(fsrmagazine.com - 5/19/2023)Turning Point announced its first multi-store agreement with Ketan, Shivani, and Devang Shah of Fiesta Restaurant Group. The company, founded in 2012, operates 12 Taco Bell restaurants across New York and New Jersey. (full story)
How to Grow a NextGen Casual Restaurant Brand
(fsrmagazine.com - 5/19/2023)Today, Toasted Yolk Café has 30 restaurants in seven states and plans to have a total of 50 locations by the end of this year. We now plan to open an average of 15 to 20 new restaurants annually. (full story)
Hy-Vee Doubles Down on Expansion in Tennessee
(progressivegrocer.com - 5/19/2023)The Hy-Vee location in Spring Hill will be approximately 160,000 square feet, and will be among Hy-Vee’s first locations to open in the Southeast. The company said in recent years that it would be expanding its footprint into several new states, among them Indiana, Kentucky, Tennessee and Alabama. (full story)
Foot Locker sales fall 11% as consumers pull back on spending
(retaildive.com - 5/19/2023)The retailer closed 35 stores in Q1, remodeled or relocated 18, and opened 13 new stores... (full story)
TJX Sees Healthy Q1 Profit Uptick On 3 Percent Comp Sales Growth
(sgbonline.com - 5/17/2023)During the first quarter ended April 29, 2023, the company increased its store count by 30 stores to a total of 4,865 stores and increased square footage by 0.5 percent versus the prior quarter. (full story)
Boot Barn Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
(businesswire.com - 5/17/2023)"Our stores achieved positive same store sales growth for the year as they cycled a remarkable 57% comp store growth in fiscal 2022. Our new store opening efforts continue to pay off as we added 45 new stores, including expansion into five new states." (full story)
PINCHO Plans Opening in Cypress, Texas
(qsrmagazine.com - 5/17/2023)This summer, it’s bringing its bold, Latin-inspired take on American classics to the Lone Star State - with Cypress being the first of six locations coming to the Houston area. (full story)
Chick-fil-A to open 5 more new restaurants in metro Phoenix in 2023
(azcentral.com - 5/17/2023)There are plans to open another 15 locations in Arizona during the next five years, according to Chick-fil-A. As of May 2023, the Phoenix area has 37 Chick-fil-A locations. (full story)
The Container Store’s comparable store sales drops 3.7% in FY22
(retail-insight-network.com - 5/17/2023)During the quarter, the retailer opened two new stores. This led to the company ending the quarter with 97 stores compared to 94 on 1 April 2022... (full story)
Wawa Breaks Ground on 1st of 50 North Carolina Stores
(cspdailynews.com - 5/16/2023)Over the next five years, Wawa plans to open 35 stores across North Carolina east of I-95, including in the Wilson and Greenville markets, according to a report by OBX Today. (full story)
BurgerFi Reports First Quarter 2023 Results
(investorsobserver.com - 5/16/2023)Opened two new BurgerFi brand franchised restaurants in the first quarter, one new BurgerFi franchised location in the second quarter to date, and expects to open an additional new BurgerFi franchised location... (full story)
Eggs Up Grill to Open First of Three Restaurants in Memphis this Summer
(restaurantnews.com - 5/16/2023)The restaurant is the first of three Eggs Up Grill restaurants in development in the Memphis area; this is the second Eggs Up Grill restaurant in Tennessee. Dana McCubbin is the franchisee in partnership with Roseann Heckendorf and Wayland Rice. (full story)
bp Completes Acquisition of TravelCenters of America
(cspdailynews.com - 5/15/2023)BP Products North America Inc. today completed its $1.3 billion acquisition of TravelCenters of America Inc. The acquisition marks "a milestone for the U.S. in the growth of bp's strategic convenience and mobility business," according to bp. (full story)
Bubbakoo's Burritos to Open in Stuart, Florida
(qsrmagazine.com - 5/15/2023)The brand is quickly becoming a leading presence within the fast-casual Mexican industry, as the Stuart restaurant is already the brand’s eighth opening of 2023, with multiple other locations set to open in the coming months, including one in Cape Coral. (full story)
American Mattress nears 90 storefronts with Michigan retail acquisition
(furnituretoday.com - 5/15/2023)Kenna said the U.S. Mattress stores are in the process of being converted to American Mattress, a process he expects to wrap up by late June with new signage, POS systems, etc. (full story)
Ross Dress for Less opening Lansing area store among six in Michigan
(lansingstatejournal.com - 5/15/2023)The company also announced five other Michigan locations, including in the Fairplain Plaza in Benton Harbor, the Grandville Marketplace in Grandville, the Westshore Plaza in Muskegon, the Rogers Plaza Town Center in Wyoming and the White Lake Marketplace in White Lake. (full story)
Hooters Announces 6-Unit Agreement in Las Vegas and Central Florida
(prnewswire.com - 5/15/2023)Hooters, has secured a six-unit agreement with the brand's original founders, now known as Hooters Management Corporation. This deal will bring three additional units to Las Vegas and three to The Villages neighborhood in Central Florida. (full story)
Used gear retailer Play It Again Sports to open 13th Minnesota location
(bringmethenews.com - 5/15/2023)The 13th Minnesota franchise of used sports and fitness equipment retailer Play It Again Sports is set to open... (full story)
Slim Chickens Enters New Territory with Multi-Unit Deal in The Great Lakes
(franchising.com - 5/15/2023)Three friends and business partners, Brad and Todd DeLange and Doug Broadright of Slims Great Lakes, are spearheading the expansion deal bringing locations to several counties in the Detroit and Ann Arbor metropolitan area. (full story)
Grocery Outlet Plans Expansion Into Ohio
(storebrands.com - 5/12/2023)During Q1, the extreme value retailer opened three new stores and reported that it is on track to open 25 to 29 new stores yet this year. (full story)
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