- Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs
(yahoo.com - 4/16/2024) Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter... (full story)
- How Malls Are Making a Comeback in 2024
(mytotalretail.com - 4/16/2024) Shopping centers have proved their resilience over the past couple of years, staging an impressive comeback ... (full story)
- TGI Fridays enters $220M agreement to combine with UK franchisee
(restaurantdive.com - 4/16/2024) The deal will bring the American restaurant chain to trade on the London Stock Exchange under a “TGIF” symbol ...
(full story)
- Guests are the chef at newly opened all-you-can-eat Town Center restaurant GEN Korean BBQ House
(jacksonville.com - 4/16/2024) GEN Korean BBQ House has opened its first Northeast Florida restaurant ... (full story)
- Madison-based Metcalfe's Market sold to Michigan-based grocery retailer SpartanNash Company
(madison.com - 4/16/2024) Plans to purchase Metfcalfe’s, which has two Madison stores and another in Wauwatosa. The sale is expected to close this spring with Metcalfe’s branding and its employees remaining in place ... (full story)
- Atomic Wings Opens New Prototype in Greenville, IN, & Sees Record Q1 Growth
(restaurantnews.com - 4/16/2024) Atomic Wings, the pioneering chicken wing franchise led by franchisees, is proud to announce a landmark quarter of growth culminating in the grand opening of its latest prototype location in Greenfield, Indiana... (full story)
- Port of Subs Announces Major Expansion with 20-Unit Development in Arizona
(franchising.com - 4/16/2024) The 20-unit expansion is set to make waves in Greater Phoenix, landing communities like East Valley Mesa, Tempe, Chandler, and Gilbert ... (full story)
- Guernsey Holdings Acquires 20 Zaxby’s Restaurants in South Carolina
(valdostadailytimes.com - 4/16/2024) Guernsey partnered with existing management, Candice Anderson and Chad Ham, to acquire the restaurants from licensees Jim and Britt Poston, who started the business 27 years ago... (full story)
- Chicken Salad Chick Opens First New Mexico Location on April 23
(prnewswire.com - 4/16/2024) Chicken Salad Chick, the nation's only fast casual chicken salad restaurant concept, is opening its first New Mexico location ... (full story)
- Smashburger franchisee adds to portfolio
(fastcasual.com - 4/15/2024) Smashburger has signed an agreement with existing franchisee Sachi Foods, owned by Farhana Ali, to add two Salt Lake City-based restaurants to its portfolio of 15 locations... (full story)
- First Watch Restaurant Acquires 21 Franchise Restaurants in North Carolina
(streetinsider.com - 4/15/2024) First Watch Restaurant Group, Inc., the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the completion of its previously-announced acquisition of 21 of its franchise-owned restaurants and corresponding development rights in North Carolina for an aggregate purchase price of $75 million... (full story)
- New Henderson shopping center to replace aging office complex
(reviewjournal.com - 4/15/2024) “This location is what restaurants and retailers dream of,” ... (full story)
- Lindora, Leader in Wellness Solutions, Signs First Wave of Multi-Unit Franchise Agreements in Key Ma
(morningstar.com - 4/15/2024) Lindora, a leading provider of medically guided weight loss and metabolic health solutions, announced today that its recently launched franchise opportunity and fueled expansion efforts have commenced with multi-unit licenses awarded in key markets across the nation (full story)
- Waxing the City Accelerates Growth with 18 Units Added to Pipeline in March
(prnewswire.com - 4/15/2024) Announced today the signing of several franchise development agreements throughout the month of March to further accelerate its nationwide growth ... (full story)
- Bojangles Brings Chicken and Biscuit Craze to Los Angeles County with Multi-Unit Franchise Agreement
(businesswire.com - 4/15/2024) Bojangles has announced the signing of a 30-unit agreement that will bring the concept to Los Angeles for the first time ... (full story)
- Russo's New York Pizzeria to expand in California with multi-unit franchise deal
(pizzamarketplace.com - 4/15/2024) Plans to open multiple locations in California this summer ... (full story)
- Skechers Drives Growth via Innovation & Market Expansion
(nasdaq.com - 4/15/2024) In the fourth quarter, it expanded 67 new stores along with 12 closures, reaching a total of 1,648 stores...
(full story)
- Court Approves BowFlex Inc. Purchase Agreement by Johnson Health Tech
(businesswire.com - 4/15/2024) Johnson Health Tech has agreed to acquire substantially all of the Company’s assets ... (full story)
- Wake up to The Human Bean, Now Serving Coffee in River Edge, NJ
(thehumanbean.com - 4/15/2024) Baristas at The Human Bean, NJ began pouring coffee and other specialty beverages Tuesday, April 16th ... (full story)
- Mountain Mike's Pizza to open first location in Colorado
(denvergazette.com - 4/14/2024) A California-based pizza restaurant will open its first location in Colorado this week ... (full story)
- Van Leeuwen Ice Cream Opens Chestnut Hill Location with Preview Event
(bcheights.com - 4/14/2024) The Newton location will be the brand’s first Boston-area location ... (full story)
- Hawaiian Sweetness: Sugar Factory Debuts in Honolulu at Ala Moana
(kitv.com - 4/14/2024) Sugar Factory American Brasserie sweetens the Ala Moana Center with its grand opening in Honolulu ... (full story)
- Primark, the U.K. fast-fashion chain, plans Texas entry at Cielo Vista Mall
(elpasoinc.com - 4/14/2024) A U.K. fast fashion giant is kicking off its Texas entry in El Paso, and is opening 24 stores in nine states ...
(full story)
- Oberweis Dairy files for bankruptcy protection with more than $4M owed: court filings
(chicago.suntimes.com - 4/13/2024) The North Aurora-based company, known for its ice cream and milk packaged in glass bottles, filed a voluntary petition for Chapter 11 bankruptcy protections in the Northern District of Illinois, court records show... (full story)
- Two Meijer supercenters will soon open in Ohio
(supermarketnews.com - 4/12/2024) Meijer is putting the finishing touches on two 159,000-square-foot supercenters in Alliance and North Canton, Ohio, which will open on May 14... (full story)
- Cicis Pizza inks deal for 6 units in Texas
(pizzamarketplace.com - 4/12/2024) Cicis Pizza has signed a six-unit deal for Texas with Frank and Judy Rogers, existing owners of more than 10 Cicis locations in Dallas/ Forth Worth ... (full story)
- Biscuit Belly Heats Up for Growth with Unrivaled Support
(franchising.com - 4/12/2024) The rapidly emerging brand continues to sizzle with 12 locations open in Kentucky, Georgia, Indiana, Alabama, and Virginia, and 20-plus stores in development ... (full story)
- Grocery-anchored shopping center planned for Lake Asbury in Clay County
(jaxdailyrecord.com - 4/12/2024) Property owners say there are no confirmed tenants; the store size is similar to Publix supermarket locations ...
(full story)
- Retailers Celebrate New Sites Across the Country, Jiffy Trip
(convenience.org - 4/12/2024) Oklahoma-based, family-owned convenience store chain, announced the opening of its 30th convenience store in Roger, Arkansas ... (full story)
- Harold's Chicken Shack to celebrate 75 years in Chicago
(abc7news.com - 4/12/2024) Harold's Chicken Shack, a Chicago cuisine staple for eight decades ... (full story)
- Major grocery tenant to inhabit Folsom Ranch area shopping center
(abc10.com - 4/11/2024) Alder Creek Marketplace was greenlit March 20 by the Folsom Planning Commission ...
(full story)
- Buffalo Wild Wings' takeout strategy is so lucrative it's building more to-go stores
(qz.com - 4/11/2024) The restaurant chain has roughly 600 commitments from franchise owners to open more Go locations ...
(full story)
- Rock N Roll Sushi Opens 2024 with Strong Expansion Lineup
(restaurantnews.com - 4/11/2024) Signed on two additional agreements with KMG LLC in Colorado Springs. Other restaurant locations are set for the following markets: Arkansas, Florida, Missouri and Tennessee. (full story)
- Walmart opens three of 18 planned new Texas health centers
(chainstoreage.com - 4/11/2024) Walmart is taking the first steps in an initiative to nearly double the footprint of its Walmart Health format ...
(full story)
- Billy Reid Acquires Knot Standard's DTC Business, Expanding Made to Measure
(prnewswire.com - 4/11/2024) The transaction will enable Billy Reid to take over eight Knot Standard retail store locations ... (full story)
- Mountain Mike’s Pizza Expands National Footprint With Wisconsin Development Deals
(restaurantnews.com - 4/11/2024) As it continues to experience record sales, significant franchise momentum and new unit growth, the brand is expanding its footprint throughout the United States, including ongoing development in Arizona, California, Colorado, Oregon, Utah, Nevada, Idaho, Texas, Washington and now Wisconsin... (full story)
- Pita Pit Unveils Fresh & Flavorful Company Rebrand, Redefines Fast-Food Dining Experience
(restaurantnews.com - 4/11/2024) Pita Pit, a distinguished Mediterranean fast-casual brand specializing in made-to-order pita sandwiches, announced today the rollout of its nationwide brand refresh. The aim of the refresh being to restore its former cult-following and reposition the franchise as the world’s first Mediterranean fast-food concept... (full story)
- Wawa Set to Open First North Carolina Store
(cspdailynews.com - 4/11/2024) Wawa is opening its first store in North Carolina ... (full story)
- Former QSR Mogul Ventures into Beauty Industry, Joins Forces with Blo Blow Dry Bar in New York ...
(streetinsider.com - 4/10/2024) A signed agreement for three locations in New York, as the brand looks to continue to make significant development strides ... (full story)
- Rite Aid closing 30 more stores: Here’s the full list
(silive.com - 4/10/2024) The embattled pharmacy chain that has shuttered more than 200 stores in the past several months, has announced it will soon close 30 more locations across eight states ... (full story)
- Chick-fil-A Sets Stunning Record in Sales
(faithwire.com - 4/9/2024) Generated more than $21 billion in sales in 2023, a stunning 14.7% increase over the previous year’s $18.81 billion ... (full story)
- Young Rita’s Franchisee Signs 5-unit Deal in Austin
(franchisetimes.com - 4/9/2024) Raccuglia, who is 24 and recently signed a five-unit deal to develop Rita’s Italian Ice & Frozen Custard in Austin, Texas ... (full story)
- Fitness Premier Targets Georgia for Strategic Franchise Expansion
(1851franchise.com - 4/9/2024) Georgia for its next wave of franchise expansion, the team is eyeing northeast Georgia as a prime region for development, identifying 15 to 20 markets ... (full story)
- Jeremiah's Italian Ice Approaches Opening of 150th Location
(prnewswire.com - 4/9/2024) Tthe hottest brand in the frozen dessert category –continues to see a rise in demand for its franchise opportunity as it nears the opening of its 150th location ... (full story)
- Wawa Marks 6 Decades of Convenience
(cspdailynews.com - 4/9/2024) Wawa Inc., a privately held company, began in 1803 as an iron foundry in New Jersey ... (full story)
- Ulta Beauty's Omnichannel Focus Aids, SG&A Costs Hurt
(yahoo.com - 4/9/2024) Ulta Beauty introduced 13 new stores, remodeled two and relocated two stores in the fourth quarter. For fiscal 2024, the company expects 60-65 net new stores, along with 40-45 store remodeling and relocation projects...
(full story)
- Lululemon Set to Close Its Pacific Place Store in Seattle Later This Month: Reports
(footwearnews.com - 4/9/2024) Lululemon opened 25 net new stores in the fourth quarter and completed 15 co-located optimizations, representing square footage growth of 15 percent, the company said... (full story)
- Texas-based pizza chain Russo's New York Pizzeria to open first Bay Area restaurant
(sfgate.com - 4/9/2024) Russo’s New York Pizzeria, an international chain serving pizza and pasta, is set to open franchises in Danville, San Joaquin, Modesto and Stockton ... (full story)
- The Evolution Of Retail Spaces in Commercial Real Estate
(toljcommercial.com - 4/9/2024) Has been in the industry for over 18 years, I’ve seen firsthand how the retail landscape has changed ... (full story)
- Huge Restaurant Chain Boston Market Now Down To Just 27 Locations As Bankruptcy Looms
(wlap.iheart.com - 4/9/2024) Boston Market, which at its peak had a whopping 1,200 restaurants, seems to be circling the drain as, according to employees, the chain now only has 27 locations still open ... (full story)
- Papa Johns signs new 50-unit franchise deal with The Bajco Group
(restaurantdive.com - 4/9/2024) The Bajco Group currently operates over 200 restaurants and plans to eventually reach 500 Papa Johns restaurants ...
(full story)
- Batteries Plus Secures Signings for 22 New Franchise Locations to Close Q1
(prnewswire.com - 4/9/2024) Over the past several months, the Batteries Plus team signed 22 new territories across Michigan, Texas, Virginia, Ohio, and Arizona ... (full story)
- Krispy Krunchy Chicken expands beyond c-stores, targets 700 openings in 2024
(restaurantdive.com - 4/9/2024) Krispy Krunchy Chicken plans to open over 700 stores this year with plans to exceed 3,500 units by the end of 2024 ... (full story)
- Ziggi's Coffee Reports Strong Growth in Q1 with Seven New Locations and Nine Franchise Agreements
(franchise.org - 4/8/2024) With explosive growth anticipated over the coming quarter, the brand is expecting to surpass 100 locations by August 2024 ... (full story)
- Trader Joe's takes on Amazon in new store concept
(thestreet.com - 4/8/2024) Trader Joe's has opened a first-of-its-kind grab-and-go store, called Pronto, in New York City to replace its 14th Street wine-store location... (full story)
- Leading grocery retailers announce joint venture
(theproducenews.com - 4/8/2024) Five of the world’s leading grocery retailers have come together to establish a pioneering collaborative venture capital fund, W23 Global ... (full story)
- 7-Eleven Stakes Its Claim as ‘OG To-Go’ Coffee Chain
(cspdailynews.com - 4/8/2024) Convenience-store retailer celebrating 60 years of portable java with exclusive blends, new cup design, offer to rival baristas ...
(full story)
- Ted Baker to shut 15 shops and axe 245 jobs
(yahoo.com - 4/8/2024) Ted Baker is to shut 15 stores and cut around 245 jobs, administrators have announced... (full story)
- Morris making moves with more stores in key markets
(furnituretoday.com - 4/8/2024) This spring, four new showrooms will open, two showrooms will be relocated, and four showrooms will be remodeled ... (full story)
- Love’s opens 5 Speedco sites
(cstoredive.com - 4/8/2024) The retailer’s expansion plans call for 10 new truck repair sites as well as up to 20 new travel centers this year ...
(full story)
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