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- Can Applebee's and IHOP Return to Casual Dining's Summit?
(foodnewsfeed.com - 3/20/2018) From 2018 to 2022, Applebee’s expects to ramp that rate to 200 additional restaurants ... There 1,671 domestic IHOPs across 301 franchisees ... IHOP expects to have 1,900 or so restaurants by 2022 ... (full story)
- Black Bear Diner Continues Expansion with First Texas Opening
(foodnewsfeed.com - 3/19/2018) Black Bear Diner reported a significant expansion by announcing its first restaurant in Texas officially opened in Katy on Monday, March 19.The new 5,400-square-foot, 150-seat diner is ... (full story)
- ‘Multiple’ suitors line up with offers for Toys 'R' Us Canada
(business.financialpost.com - 3/19/2018) Court documents filed in the U.S. reveal the Canadian operation could be in the hands of a new owner within weeks using an expedited court process aimed at keeping the 82-store chain alive in this country. The deal would ideally salvage up to 200 of the top-performing U.S. stores, the documents said. (full story)
- El Pollo Loco Continues Expansion, Opens First Restaurant in Louisiana
(nasdaq.com - 3/19/2018) El Pollo Loco, Inc. (Nasdaq:LOCO), the nation's leading fire-grilled chicken chain, today announced the opening of its first location in Louisiana. This restaurant marks the Company's expansion and presence to six states (full story)
- L.L. Bean laying off 100 amid flat sales
(retaildive.com - 3/19/2018) The company has shifted from its legacy as a catalog and more recently an e-commerce retailer to open more stores, now running 35. Last year L.L Bean opened six new locations in the U.S. and has plans to open five more this year, according to the Press Herald. (full story)
- Claire’s Becomes Latest Retailer to Go Bankrupt
(bloomberg.com - 3/19/2018) The company filed for bankruptcy...Claire’s agreed to a restructuring plan with a group of creditors led by Elliott Management Corp. and Monarch Alternative Capital LP... (full story)
- PGA Tour Superstore moving into space deserted by dying retailers
(usatoday.com - 3/19/2018) Meanwhile, PGA Tour Superstore is moving in the other direction. Since 2011, the chain has more than tripled in locations, from nine to 32 now. It plans to open around five more this year alone and hopes to increase to 50 locations by the end of 2020. (full story)
- TBC Rebrands Another 39 Merchant's Tire Stores
(moderntiredealer.com - 3/19/2018) TBC Corp. is rebranding 39 Merchant's Tire & Auto Service Center stores into NTB Tire and Service Centers. The rebranded stores, all located in Virginia, will be complete in the next several weeks. (full story)
- Where T-Mobile goes from here
(fiercewireless.com - 3/19/2018) That action—coupled with roughly 1,500 new retail stores the company expects to open this year (mainly through independent outlets)—will greatly increase T-Mobile’s addressable footprint. (full story)
- Darden continues expansion of Bahama Breeze
(nrn.com - 3/19/2018) Darden Restaurants Inc. is building the first airport location of its Bahama Breeze Island Grille brand. (full story)
- Ono Hawaiian 'Surprises' Arizona
(fastcasual.com - 3/16/2018) Ono Hawaiian BBQ opened today in Surprise, Arizona, marking the brand's 70th location. (full story)
- NRF/Forrester Survey Shows Merging Of Physical And Digital Retail
(nrf.com - 3/16/2018) This year’s data reveals that 43 percent of store-based retailers surveyed expect a net increase in the number of bricks-and-mortar stores they operate by the end of 2018 compared with 2017, and only 16 percent expect a net reduction. (full story)
- Why Del Taco is Thriving in Fast Food's Value War
(qsrmagazine.com - 3/15/2018) Del Taco signed a 12-unit franchise development agreement with an existing Michigan franchisee, it announced. The company expects to add more agreements in the Southeast and to open 25–28 new units total in fiscal 2018, including ... (full story)
- Moran Family of Brands Experiences Recent Growth
(franchising.com - 3/15/2018) Moran has recently signed agreements and opened new stores in Winston-Salem and Cary, NC. Other new locations, which are in the site selection process, are expected to open shortly in Tampa FL, Bear DE, Dallas TX, and Las Vegas, NV. (full story)
- Noah’s pulls the wraps off redesign
(nrn.com - 3/15/2018) “We’d only opened five new stores in 20 years for Noah’s, and now we’ll do five new stores and 15 remodels in one year,” he said. “This is a tremendously exciting time for the Noah’s brand.” (full story)
- Bankrupt Toys ‘R’ Us is closing all US and UK stores
(engadget.com - 3/15/2018) Six months after filing for bankruptcy in the US and one month after doing the same in the UK, the company is shutting the doors of all 900 stores across both countries, unable to compete with online competitors. (full story)
- Mattress Firm to close more stores than previously announced
(chron.com - 3/15/2018) The 274 store closures is higher than the 200 closures Mattress Firm officials announced in December 2017... (full story)
- Winn-Dixie's parent company restructuring; Louisiana store among 94 closing
(theadvocate.com - 3/15/2018) The parent company of Winn-Dixie, Bi-Lo and Harvey's will close 94 stores — only one in Louisiana — as part of a restructuring agreement with creditors holding the vast majority of its debt. Under its creditors' agreement, Southeastern Grocers will voluntarily enter a prepackaged Chapter 11 bankruptcy plan. The company expects to emerge from bankruptcy in 90 days. (full story)
- 85ºC Bakery Café opens March 30 in Orange; more coming to Fountain Valley, Century City
(ocregister.com - 3/15/2018) At least 10 stores debuted across Southern California in the last 12 months...even more stores are being developed, but the company is not saying where... (full story)
- Casey's Has 200-Plus Sites in Its Pipeline for New Builds
(csnews.com - 3/15/2018) "In addition, we have 66 new stores, 14 replacement stores and 33 major remodels under construction," Handley said. "Currently, we have 140 sites under agreement for future new builds." (full story)
- This is the real story of American retail
(qz.com - 3/15/2018) At the high and low ends, retail is thriving. In the past year, the trends have only grown more pronounced. Sales at mid-priced retailers declined 2%. At premium and low-priced retailers, they grew 8% and 7%, respectively. (full story)
- Cardenas Completes Rebranding Mi Pueblo Stores
(progressivegrocer.com - 3/14/2018) It now operates 54 stores in California, Arizona and Nevada: 47 under the Cardenas banner, and seven under the Los Altos Ranch Market banner, with plans for up to 90 stores in the next three to five years. (full story)
- Signet to Close 200+ Stores This Fiscal Year
(nationaljeweler.com - 3/14/2018) Akron, Ohio--Signet Jewelers Ltd. is set to shutter 200-plus stores this year as part of a three-year turnaround plan announced Wednesday. The 200-plus closings follow a year in which Signet shuttered 242 stores but opened 116, for a net reduction of 126. (full story)
- Supervalu to Exit Farm Fresh Banner
(progressivegrocer.com - 3/14/2018) Supervalu has entered into three separate definitive agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy stores for about $43 million in cash to three retailers: Harris Teeter, Kroger Mid-Atlantic Division and Food Lion. (full story)
- Juice It Up! Announces Acquisition by SJB Brands, LLC and Names New CEO
(franchising.com - 3/14/2018) Juice It Up! currently has 100 locations open and in development across California, New Mexico, Oregon, Texas, and Florida. Under the new ownership, the brand will continue ... growth in prime markets while sourcing high quality site locations and ... (full story)
- Vitality Bowls Expands Superfood Lifestyle with Multiple New Signed Agreements
(franchising.com - 3/14/2018) Vitality Bowls, renowned for its dynamic café vibe and superfood menu filled with extraordinary tastes, has signed agreements to open three locations in Marin County and its first café in Ohio. (full story)
- Harps Foods: Without Compromise
(thesnack.net - 3/13/2018) Currently with 87 stores, Harps has an aggressive growth plan that includes adding stores in new markets in 2018. “We have had a pretty aggressive growth over the past 10 years and we aren’t slowing down any.” (full story)
- American Furniture Warehouse to expand to 3 Houston suburbs
(furnituretoday.com - 3/13/2018) American Furniture Warehouse is planning three large warehouse showroom stores in fast-growing Houston suburbs to the north, south and west, President and CEO Jake Jabs confirmed this week. (full story)
- Mavis Is At It Again: Sun Tire Is the Latest Acquisition
(moderntiredealer.com - 3/13/2018) Mavis Tire Supply Corp. has purchased Sun Tire and Automotive Services, an 11-store chain based out of Jacksonville, Fla. The acquisition gives Mavis 46 stores in Florida. (full story)
- Del Frisco’s Could Sell Sullivan’s Steakhouse
(foodnewsfeed.com - 3/13/2018) The company expects to open five to seven new restaurants in 2018, including four Double Eagles (Atlanta and Boston in Q3 and San Diego and Century City, California, in Q4), and three Del Frisco’s (Westwood ... (full story)
- Bojangles’ Could Close Stores in Turnaround Efforts
(qsrmagazine.com - 3/13/2018) Bojangles’ remained confident. The brand is actively seeking owner-operators in North Florida, Memphis, Tennessee, and South Georgia. Despite the desire to open more units, though, more “strategic consolidation” is expected in 2018 in the form of refranchised units and some store closures. An additional 30–40 units are anticipated to open. (full story)
- Dat Dog franchisees sign lease for first Baton Rouge location near LSU
(theadvocate.com - 3/13/2018) Dat Dog announced plans for the Baton Rouge locations last spring, shortly after DiPaola said he would like to see “40 to 50” locations open across the Gulf South in the next five years. (full story)
- Saladworks Sets its Sights on Dallas-Fort Worth to Build Presence in the Lone Star State
(franchising.com - 3/13/2018) The entire Dallas-Fort Worth market can hold 20 to 30 locations, and Saladworks aims to open the majority of these restaurants in the next five years. (full story)
- Jimboy’s Tacos Names Todd Swiderski as Director of Operations
(thedailymeal.com - 3/12/2018) With 40 locations across California and Nevada, Jimboy’s has set its sights on strategic expansion throughout the Western region of the United States, and is projected to double in size by the end ... (full story)
- CoreLife Eatery to Open 21 Restaurants in Cleveland Area
(qsrmagazine.com - 3/12/2018) CoreLife Eatery, an active lifestyle restaurant offering a variety of greens, grains and broth-based dishes, has signed a new development deal that will bring 21 restaurants to Cleveland and several surrounding ... (full story)
- Dunkin’ Donuts Signs Multi-Unit Deal in Kansas City
(qsrmagazine.com - 3/12/2018) Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced the signing of a multi-unit store development agreement with new franchise group Hope and Destiny, Inc. to open three Dunkin’ Donuts restaurants throughout Kansas City ... (full story)
- New Long Island C-Stores Promote Fresh Food & In-Store Dining
(theshelbyreport.com - 3/12/2018) QuickChek and Cumberland Farms have new locations on Long Island, New York, that emphasize foodservice and fuel service. The chain will open a couple of stores on Long Island each year. (full story)
- Colorado discount stores are filling the big-box retail void
(crej.com - 3/11/2018) This appears to be a nationwide trend as the company will open 320 new stores in 2018, according to Business Insider. Other massive discount companies opening stores across the states include Dollar General (900 locations) and Family Dollar (300). (full story)
- Straw Hat Pizza Ramping Up Growth Plans For 2018
(restaurantnews.com - 3/10/2018) ... openings are the start of a planned growth of the Straw Hat Pizza brand over the next few years. In 2018 Straw Hat Pizza is planning on five new locations throughout ... (full story)
- Barbecue Expert Plans to Open Five Dickey’s Locations in Nevada
(franchising.com - 3/9/2018) The first of the five locations is slated to open in Spring 2018 in Las Vegas with another location following in Fall 2018. The final three locations will open in ... (full story)
- Freddy’s Opens 300th Restaurant
(retailrestaurantfb.com - 3/9/2018) “Opening our 300th location is a dream come true and we are grateful to our Freddy's family and guests who have led us to reach this milestone,” says Randy Simon, president and CEO. (full story)
- Arco to Expand Into 4 New States
(cspdailynews.com - 3/9/2018) In an eastward expansion of the gasoline brand, Andeavor plans to add more than 150 Arco-branded sites in the Dakotas, Wisconsin and Minnesota over the next five years. (full story)
- Big Lots focused on furniture as sales dip
(retailleader.com - 3/9/2018) The company has said the new format is part of an effort to rebrand itself as “a community retailer offering trustworthy value and friendly service.”
The company plans to remodel more than 200 more stores this year, Bachmann said. (full story)
- Extending Hispanic Offerings
(cstoredecisions.com - 3/8/2018) York, Pa.-based Rutter’s, which has 69 c-stores in Pennsylvania, with nine more planned, including sites in West Virginia and Maryland. Rutter’s plans to expand on the stores’ current Hispanic food menu to take advantage of the growing demand for Hispanic foods. (full story)
- Claire's Plans Bankruptcy, With Creditors Taking Over
(bloomberg.com - 3/8/2018) The company is closing in on a deal in which control would pass from Apollo Global Management LLC to lenders including Elliott Capital Management and Monarch Alternative Capital. Venor Capital Management and Diameter Capital Partners are also involved. The move should help ease the $2 billion debt load at Claire’s. (full story)
- Toys ‘R’ Us is said to ready for liquidation of U.S. operations
(business.financialpost.com - 3/8/2018) While the situation is still fluid, a shutdown of the U.S. division has become increasingly likely in recent days, said the people, who asked not to be identified because the information is private. Hopes are fading that a buyer will emerge to keep some of the business operating, or that lenders will agree on terms of a debt restructuring, the people said. (full story)
- Bravo Brio to be acquired for $100M
(nrn.com - 3/8/2018) Bravo Brio Restaurant Group Inc. has agreed to be sold to Spice Private Equity Ltd., a Zug, Switzerland-based division of GP Investments Ltd., in a deal valued at ... (full story)
- Monro Acquires Seven Appalachian Tire Locations
(tirereview.com - 3/8/2018) Monro, Inc., one of the nations largest independently-owned and operated automotive service chains, announced that it has acquired seven Appalachian Tire locations in four states. (full story)
- Blaze Pizza opens in Kirkwood
(stltoday.com - 3/8/2018) Less than five years ago, there were two Blaze Pizza fast-casual restaurants in the world. On Friday, the 254th location will open in Kirkwood at 1050 South Kirkwood Road. It will be the first location in Missouri and the first of four scheduled to open in the St. Louis ... (full story)
- Popeyes headquarters leaving Atlanta for Miami
(myajc.com - 3/8/2018) Much of the leadership of Popeyes Louisiana Kitchen has quietly slipped out of town as the fast-food chain shifts its corporate headquarters from Atlanta to Miami. (full story)
- Foot Locker to close 100 stores this year, and it's okay
(retaildive.com - 3/8/2018) Foot Locker will shutter about 110 stores this year, part of a $230 million capital program for 2018... (full story)
- Hwy 55 Burgers, Shakes & Fries to Open Fourth Tennessee Location With Lawrenceburg Opening ...
(franchising.com - 3/8/2018) Hwy 55 has sold the rights to more than 1,000 franchise locations around the world. Hwy 55 has also signed franchise agreements for West Virginia, Louisiana, Kentucky and southern Indiana and Virginia in the past year. The brand plans to open approximately 25 locations in 2018. (full story)
- Lightbridge Academy planning 10 to 15 child-care sites in Central Ohio as well as 500 to 700 jobs
(bizjournals.com - 3/8/2018) Child-care provider Lightbridge Academy plans to open 10 to 15 locations in Central Ohio in the next three to five years, creating 500 to 700 jobs. It plans on opening three sites by ... (full story)
- Massage Heights Continues Texas Expansion with 10 Locations Planned for Fort Worth Market And ...
(franchising.com - 3/8/2018) Massage Heights, a leader of professional, affordable and convenient therapeutic massage and facial services, announced today it plans to develop 10 new Retreats throughout the Fort Worth market and surrounding areas as part of its continued Texas expansion in the ... (full story)
- The Joint Corp. Reports Fourth Quarter and Full Year 2017 Financial Results
(nasdaq.com - 3/8/2018) Total new clinic openings are expected to be in the range of 40 to 52 including 40 to 50 new franchised clinics, up to two corporate-owned or managed ... (full story)
- Ross Stores: We feel good about home
(hometextilestoday.com - 3/7/2018) On the real estate front, Ross also plans to open about 100 new stores this year: 75 Ross Dress for Less and 25 dd’s Discounts locations. (full story)
- GPM Acquires 5 Crenco Food Stores
(cspdailynews.com - 3/7/2018) GPM Southeast LLC, has taken ownership of five convenience stores with fuel in South Carolina under the Crenco Food Stores banner. This acquisition will further develop GPM’s existing portfolio in the Southeast, the company said. (full story)
- Abercrombie & Fitch to close 60 more stores
(cnbc.com - 3/7/2018) Abercrombie & Fitch announced Wednesday it will be closing 60 stores later this year. The company has said many of its leases are up for renewal by the end of fiscal 2018. (full story)
- Charlotte’s first CAVA location opened in University City in late February
(charlotteagenda.com - 3/7/2018) The Washington-based fast-casual Mediterranean chain has four more Charlotte-area locations in the works in Park Road Shopping Center, Atherton Mill, Waverly and Huntersville. (full story)
- Meijer planning more smaller format urban stores
(mibiz.com - 3/7/2018) Mike Kinstle, vice president of real estate for the Walker-based supercenter retailer, said the company plans to break ground on a proposed urban-format store along Jefferson Avenue east of downtown Detroit next summer with three or four more stores planned in undisclosed locations within the company’s six-state footprint in the years to follow. (full story)
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