Author

Katie Lee

Downers Grove, Ill. — Fresh Thyme Market, a full-service specialty retailer with 70 stores in 10 states throughout the Midwest, will open a new concept store on Nov. 10 at City Foundry in St. Louis. The Fresh Thyme Market at City Foundry STL store will be located at 3701 Foundry Way. “We’re thrilled to finally announce when we’ll be opening our doors and welcoming the St. Louis community to our beautiful new flagship store,” says Jane Wilcox, store director. “Our team provides shoppers with an unparalleled grocery experience from the …

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San Diego — Jack in the Box Inc., one of the nation’s leading QSR chains, has awarded seven development agreements in the fourth quarter of fiscal year 2021 to open 47 new restaurants. In total, Jack in the Box has awarded 23 development agreements in fiscal year 2021 to build 111 stores over the course of the next several years. The agreements will help the brand grow in existing markets including Los Angeles, Dallas and Houston, as well as new ones such as Salt Lake City and Louisville, Ky., indicating …

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Lewisville, Texas — Texas — JCPenney has appointed Marc Rosen as chief executive officer, effective Nov. 1, 2021. Stanley Shashoua, Simon’s chief investment officer, has been appointed as executive chairman of the board of directors after serving as interim CEO of JCPenney since January. “Marc joins JCPenney following a year of focused work to stabilize the business, improve financials and position the retailer for long term success,” says Shashoua. “Working with the phenomenal and dedicated JCPenney team as CEO has been immensely rewarding, and I look forward to my next …

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Atlanta — The Home Depot has named John Deaton executive vice president of supply chain and product development, effective November 1, 2021. He replaces Mark Holifield, who has accepted a role as CEO of a U.S.-based last-mile delivery firm after 15 years with the company. Deaton, a 14-year veteran of the company, brings a wealth of experience after serving in several company leadership roles in supply chain, product development and, most recently, retail operations. Deaton has been an instrumental leader in the supply chain transformation throughout his tenure with the …

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— By James “Gino” Ginopoulos — As a result of the pandemic, retailers and restaurants are getting a new look.   Even prior to the pandemic, many industries were looking for ways to adapt to changes in their markets to maintain a competitive edge. However, like many things, the pandemic accelerated that need to adapt and evolve in order to overcome the challenges stemming from the virus. While certain positive advancements have been made since the onset of the pandemic, like the creation of various vaccines, developers and owners are …

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Montréal — Lightspeed Commerce Inc., the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, has launched the all-new Lightspeed Restaurant, a unified hospitality commerce and point-of-sale (POS) platform. Through strategic global acquisitions, Lightspeed has combined the power of Upserve, Gastrofix, Kounta and iKentoo with new solutions and modules, to simplify processes and enable merchants to build thriving businesses for the future. This best-in-class solution built through years of strategic investments and innovation, brings together an innovative POS, contactless integrated payments, online ordering, …

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Phoenix — Peter Piper, LLC, a wholly owned subsidiary of CEC Entertainment, LLC, which also owns Chuck E. Cheese and Pasqually’s Pizza & Wings, signed an agreement to acquire nine Tucson and one Phoenix-area Peter Piper Pizza restaurants owned by franchisee Southwest Pizza, Inc. Local Tucson family-owned Southwest Pizza, Inc., which has been a Peter Piper Pizza franchisee for nearly 40 years, decided to sell all its locations earlier this year. The terms of the sale were not disclosed. Peter Piper, LLC, will take over the operations of these locations …

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— By Alex Blahnik — What is eating at your profits? (It may be smaller than you think.)   Maybe supply chain disruptions and historic labor shortages are your biggest problems as you emerge from the pandemic, or perhaps, your challenge is meeting the demand of customers who are returning to the market and trying to purchase and dine their way to a normalcy. Whatever you may be facing, while you trimmed your expenses and obeyed social distancing orders to make it to this point, pests like mice, roaches, flies …

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Atlanta — Batteries Plus, the nation’s largest and fastest-growing battery, light bulb, key fob and repair franchise, has signed an eight-unit deal in the Atlanta area. The deal consists of four brand new and four resale locations, in and around Atlanta and Athens, Ga. Behind the purchase is Equicorp Partners, LLC, an Atlanta-based, multi-unit franchise developer and private investment and advisement office. The partnership boasts 30 years of experience in the management space for both startups and legacy brands, including Arby’s, City Barbeque and Café Rio. Equicorp Partners, LLC was …

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New York City — Time Out Market, the world’s first food and cultural market rooted in editorial curation, has hired Jay Coldren as chief operating officer of the Americas. In this newly created role, he will report to CEO Didier Souillat and will be instrumental in expanding the footprint, driving efficiency and increasing profitability of the Time Out Market brand across the Americas. Coldren brings more than 30 years of hospitality experience spanning the restaurant, boutique hotel and gourmet retail segments. Most recently, he served as the executive director of …

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