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Katie Lee

Industry Voicespaintingvendors

Get With the Program

by Katie Lee

— By Chris Murphy — Planning your successful painting program.   As we begin the next season of reimage, repainting and rebranding, many facility managers will be using all their creativity to find the “magic” to maximizing budgets and facilities’ upkeep. That’s no easy task, and the answer isn’t as simple as deferring more maintenance or finding cheaper pricing. But there are tools that can minimize the challenges and ensure that your desired painting programs can move forward without breaking the bank. Utilizing a contractor who is already familiar and …

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Gap’s First Quarter Sales Increase 28%, Net Sales Hit $4 Billion

by Katie Lee

San Francisco — Gap Inc., the parent company of Old Navy, Gap, Banana Republic and Athleta, released its first-quarter 2021 fiscal report showing net sales reached $4 billion, up 8% from 2019. Additionally, comparable sales were up 28% year-over-year and rose 13% since pre-pandemic 2019. The company showed strong increases in net sales at Old Navy and Athleta — 27% and 56% increase over 2019, respectively. There were declines in net sales at Gap Global (16%) and Banana Republic Global (29%). Old Navy’s comparable sales were up 35% year-over-year and …

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Yum! Brands to Acquire Technology Company Dragontail Systems

by Katie Lee

Louisville, Ky., and Perth, Australia — Yum! Brands, Inc. and Dragontail Systems Limited, an innovative provider of technology solutions for the food industry, have entered into a binding agreement under which Yum! Brands would acquire Dragontail for A$93.5 million in cash. The proposed acquisition is expected to close by the end of third quarter 2021. If successfully implemented, the addition of Dragontail to Yum! Brands’ growing technology portfolio is intended to give Yum! Brands the ability to scale Dragontail’s artificial intelligence (AI) kitchen order management and delivery technology globally. Australia-based …

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Nathan’s Famous Acquires Arthur Treacher’s to Relaunch as Virtual Kitchen Concept

by Katie Lee

Jericho, N.Y. — Nathan’s Famous, the American tradition serving New York favorites for more than 100 years, has added Arthur Treacher’s to the brand’s portfolio, now available as a ghost kitchen concept. Arthur Treacher’s, which was founded in 1969, offers hand-dipped fish, chicken and French fries. The menu, which has been revamped by Nathan’s Famous, will highlight the brand’s traditional menu items while also featuring upgraded proteins, more contemporary builds and includes a focus on shrimp. “We are thrilled to provide operators across the country with the opportunity to add …

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Newspeopleretailers

The Container Store Fills 5 Leadership Roles with Specialty Retail Experts

by Katie Lee

Coppell, Texas — The Container Store, leading specialty retailer of storage and organization solutions and custom closets, has added five new company leaders to complement existing leadership. Four months into Satish Malhotra’s role as CEO, he has hired key leaders and added new roles: Dhritiman Saha (chief information officer), Michelle Gill (vice president of merchandising), Robert Higgins (vice president of real estate), LaTisha Brandon (senior director of diversity, equity and inclusion) and Ivet Taneva (senior director of environmental, social and governance). Saha comes from GameStop where he was the chief …

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construction and designNewsremodelsrestaurants

sweetgreen Rebrands to Reimagine the Future of Fast Food

by Katie Lee

Los Angeles — sweetgreen, the mission-driven restaurant brand serving healthy food at scale, introduces a new brand identity to reimagine fast food and speak to future generations about the importance of what they eat. The goal was to create a flexible, sustainable design system that both reflects the culture of local communities and works at scale. With this rebrand, sweetgreen aims to be a positive force on the food system by focusing on the following areas: Food: sweetgreen wants to show that fast food can be synonymous with real food. …

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exterior services/landscapingfacilities managementNewsproperty managementsnow and ice managementvendors

Powerhouse Acquires Exterior Services Management Company DENTCO

by Katie Lee

Crowley, Texas — Powerhouse, a national construction, facilities maintenance and rollout service provider, has acquired DENTCO®, a national exterior services provider headquartered in DeWitt, Mich. The 44-year-old company offers a complete suite of all-season property management solutions addressing exterior services issues for active as well as idle facilities. This deal is Powerhouse’s second major transaction, resulting in it becoming one of the four largest national managed services companies in the exterior space. As a result of the partnership, all Powerhouse Exterior Services Management (ESM) programs will be powered by DENTCO, …

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facilities managementNewsretailerssoftware/technologyvendors

Tango Extends Partnership with Big Lots for Post-Pandemic Needs

by Katie Lee

Dallas — Tango, the leader in Store Lifecycle Management (SLM) and Integrated Workplace Management System (IWMS) software solutions, has extended its partnership with Big Lots for 3 additional years. Big Lots, a national neighborhood discount retailer with 1,414 stores, is now a full lifecycle customer, utilizing all products in the Tango Retail suite including Predictive Analytics, Real Estate, Projects, Lease and Maintenance. “With the adoption of Tango Predictive Analytics, we now have a complete end-to-end solution to support our location and development strategy,” says Shannon Letts, senior vice president, real …

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Cover StoryFrom The Magazineremodelsrestaurants

Modern Visionary

by Katie Lee

— Interview by Katie Lee — Burger King unveils a new visual design for a bold, modern future.   When Burger King, one of the founding titans of the fast food hamburger industry since 1954, creates a completely new visual design, it definitely makes waves. The more modern look is the company’s first total rebrand in over 20 years. As part of the new look, BK® is rolling out a new logo (the current logo was launched in 1999), menu boards, crew uniforms, signage and décor, as well as social …

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Newspeopleretailers

MARQUE Luxury Names National Business Development Director

by Katie Lee

Irvine, Calif. — MARQUE Luxury, the industry’s leading provider of certified pre-owned goods, has named Sean Makovsky the national business development director, U.S. He is based in San Antonio, Texas, and will report directly to MARQUE’s leadership team at the company’s Irvine, Calif., headquarters. Makovsky was a supervisor for Money Mart Pawn and Jewelry and had been with the company since 2015. Money Mart Pawn and Jewelry currently operates in two states and has 28 stores in the Brittex brand family. “For 25 years, I’ve had the opportunity to work …

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