Author

Katie Lee

Malvern, Pa. — Cantaloupe, Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has named Ravi Venkatesan as chief executive officer, effective October 1, 2022. Venkatesan, who currently serves as Cantaloupe’s COO, will succeed Sean Feeney, who will retire from Cantaloupe on September 30, 2022. Feeney will step down from the board of directors and Venkatesan will join the board of directors, effective October 1, 2022. “On behalf of the board of directors, I would like to congratulate Ravi on this …

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Seattle — Seattle-based fashion retailer Nordstrom, Inc. plans to open three new Nordstrom Rack stores this fall. The new stores will open in Union Gap, Wash.; Olympia, Wash.; and Salem, Ore. “We look forward to opening these new Nordstrom Rack locations in Union Gap, Olympia and Salem communities, strengthening our network of stores, and introducing new customers to the Rack’s unique product offering,” says Carl Jenkins, senior vice president of Nordstrom Rack Stores. With the addition of these three new locations, Nordstrom will operate 12 Nordstrom Rack stores and six …

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— By Michael Hess —   5 tips for successful waste management in the retail and restaurant industries.     Owning a restaurant or retail location comes with a great deal of responsibility — including waste disposal. Regardless of business size or location, waste management is essential to day-to-day operations. In recent years, waste and diversion have become top concerns of business owners and retailers, especially when associated with revenue loss. According to a study conducted by the U.S. Environmental Protection Agency (EPA), restaurants produced 17.1 million tons of wasted …

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— Interview with Brittany Hunter —   R&R: Where are you based, and how long has the company been in business? Brittany Hunter: LGC headquarters are based in Indianapolis, Indiana. We have been in business since May of 2003. R&R: What is your name and title, and how long have you been with the company? Hunter: My name is Brittany Hunter, and I am executive vice president of client relations. I started with LGC on March 11, 2011. R&R: What trades/services do you offer retailers and restaurants? Hunter: LGC is …

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Seattle — At Starbucks’ recent biennial Investor Day in Seattle, interim CEO Howard Schultz, CFO Rachel Ruggeri and other Starbucks leaders showcased the company’s Reinvention plan, which aims to invest in partners, customers and stores. The plan is expected to accelerate the company’s long term growth, progressively expand operating margin and drive high-teens non-GAAP EPS growth annually through fiscal 2025. “As we execute on our Reinvention plan, we are building on our 51-year history of market leading innovation to position our business and our brand for the next chapter of …

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Anaheim Hills, Calif. — WaBa Grill is growing its footprint throughout Northern California with a new development deal that will bring 20 more restaurants from Fresno to Sacramento. The 20-store development deal was signed by longtime WaBa Grill franchisees Gurpreet and Navreet Boparai, who currently own and operate three WaBa Grill locations in Ventura County. The Boparais now will develop the brand in 16 California counties, some being first-time markets. “One of our primary development goals has always been the expansion of WaBa Grill throughout the West with strong and …

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West Palm Beach, Fla. — Ballard Designs has chosen West Palm Beach, Fla., as the location of its inaugural Interior Design Studio concept store, and this month opened a newly renovated 2,500-square-foot space to become Ballard’s 17th retail location nationwide. “We’re so excited to launch our first ever Design Studio in this area because our 40+ years of client buying trends and business data tell us that the people of West Palm Beach love Ballard Designs,” says Dominic Milanese, vice president of retail for Ballard Designs. The new retail studio …

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Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies and 16 other restaurant concepts, has opened the first converted Great American Cookies from Nestlé® Toll House® Café by Chip® in Las Vegas. The opening follows the May 2022 announcement of FAT Brands’ acquisition of the franchised chain of stores. Two additional converted stores are also set to open in Las Vegas by the end of 2022, furthering Great American Cookies’ presence in the city. “Over the last several months, we have been working with …

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Brentford, UK — Cineworld Group, parent company to Regal Cinemas among other international theater brands, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. While a specific plan regarding the company’s real estate was not announced, Cineworld expects to pursue an “optimization strategy” regarding its locations across the U.S. as part of its bankruptcy proceedings. The company is engaging in discussions with its landlords on improving cinema lease terms in hopes of further positioning Cineworld for long term growth in the …

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Sioux Falls, S.D. — Slim Chickens, a leading fast-casual franchise in the better-chicken segment, is expanding its presence throughout eastern South Dakota and northwest Iowa. Existing franchisee Todd Porter of TNT Chicken is spearheading this expansion. Porter is well-versed in the restaurant industry. In late 2017, he added Slim Chickens to his portfolio alongside several restaurant concepts, including local staples Chevys Fresh Mex and Johnny Carino’s. Porter also has experience in the full-service restaurant sector, as he owned and operated multiple Applebee’s locations throughout South Dakota, Iowa and Nebraska. His …

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