Dallas — Dave & Buster’s has made two more significant deals for its global expansion plans. The first deal includes a 15-store partnership in India with the Malpani Group, and the second deal comprises a five-store partnership with the NightOwl Entertainment Group in Australia. These strategic alliances mark Dave & Buster’s second and third multi-store franchise agreements, firmly cementing the brand in the APAC and MEA regions with a total of 31 stores committed to development since global expansion plans were announced in 2022. Dave & Buster’s has implemented several …
Katie Lee
Columbus, Ga. — Tim Hortons ®, the beloved coffee and bakery restaurant founded in Canada and popular in the northern U.S., will open its first location in Georgia on June 16th. The new restaurant will be located at 6741 Veterans Pkwy. in Columbus. Additional Tim Hortons locations in Georgia are expected to open throughout 2023. “We’re ready to open our doors in Georgia and serve our new Columbus neighbors, as well as Tims fans from across the state, including Georgia-based Canadians who have been eager to have a Tims closer …
Pittsburgh — Leading fashion destination rue21 welcomes Karlyn Mattson as the new executive vice president, chief customer officer. She has over 25 years of experience at global retailers including Target, Amazon, Macy’s and, most recently, GNC. At rue21, Mattson will help bolster the brand’s ethos, bringing a personalized approach to understanding, meeting and exceeding shoppers’ needs. “Karlyn’s industry leadership and dedication to customer needs is perfectly aligned with our mission at rue21,” says Josh Burris, president and CEO of rue21. “Her unique background will be invaluable as we continue to …
— By Jon McClure — Responsible, creative financing supporting QSRs — how to find success in a challenging economy. How is it that with high inflation and high costs of borrowing, many QSRs owners continue to manage successful buyouts and acquisitions? One answer is creative deal structures in partnership with a responsible lender. Inflation — while beginning to ease — is still at levels not seen since the 1980s. In an effort to rein in rising prices, the Federal Reserve raised the Federal Funds rate seven times in …
San Francisco — Bay-Area based micro food hall, Local Kitchens, has recently appointed Jay Gentile as the concept’s new head of operations. He will be responsible for overseeing kitchen operations with a particular focus on the optimization of supply chains and the launch of new locations. Gentile brings more than 28 years of experience in the food and beverage industry, most recently as the CEO and co-president of Veggie Grill and its family of restaurant brands. While at Veggie Grill, Gentile generated over $60 million in revenue for the concept …
Miami — Woof Gang Bakery & Grooming, a leading pet service franchise brand in the United States, is entering Illinois for the first time with a store set to open in the Chicago suburbs next year. The brand currently has more than 250 locations open or under development across 21 states offering luxury spa services, gourmet treats and premium pet nutrition. “This is an exciting development for Woof Gang and for pet owners seeking the very best for their beloved companions in the Chicago suburb,” says Ricardo Azevedo, chief executive …
Oceanside, Calif. — Kellermeyer Bergensons Services (KBS), a trusted partner to leading operations and facility managers across North America, has hired seasoned operational executive Ray Aschenbach as its new chief operating officer. “It is with great pleasure that we welcome Ray Aschenbach to the KBS team as our newly appointed chief operating officer,” says Mark Minasian, CEO at KBS. “Ray is an exceptional leader who brings a wealth of experience creating an environment that drives both operational efficiency and quality service delivery. He will be instrumental in generating continued growth …
Las Vegas — Las Vegas-based entrepreneur Dina Mitchell has revised her timeline to launch PowerSoul Cafe™, the world’s first certified gluten-free fast-food restaurant chain. The new brand’s flagship location along with two new additional sites in the Las Vegas valley are set open in fall 2023. The flagship location (pictured above) will be located at Tarkanian Plaza in Las Vegas. Additional sites will open at the intersection of S. Valley View Boulevard and W. Spring Mountain Road, with another site located in Henderson. Additional locations have been identified, with lease …
New York City — A&G Real Estate Partners is entertaining offers on 49 David’s Bridal leases across the United States — transactions that must be presented for bankruptcy court approval by June 30. “Interested retailers and landlords need to act now to seize these excellent real estate opportunities while they’re still available,” says Mike Matlat, senior managing director of A&G. Acting in its capacity as real estate advisor to the Conshohocken, Pa.-based retailer, A&G also plans to hold a July bankruptcy auction of an additional select group of David’s Bridal …
Indianapolis — Twin Peaks Restaurant celebrated its 100th lodge opening on June 2 in the Indianapolis suburb of Greenwood, Ind. From the time Twin Peaks CEO Joe Hummel opened his first lodge in the Atlanta area as a franchisee, it took Twin Peaks 12 years to reach its centennial location. The brand is now expected to expand even faster, having already opened four new locations — with 12 more lodges in seven new markets scheduled to open — this year alone. Twin Peaks anticipates 20 per year opening in the …