San Diego — Jack in the Box Inc. is undergoing a strategic leadership restructure. Tony Darden, senior vice president and chief operating officer, who has been a valued member of the Jack in the Box executive team since June 2021, will depart from his role. Darden’s departure is consistent with a planned restructure that includes Ryan Ostrom, currently serving as executive vice president, chief marketing & digital officer, assuming responsibility for Jack in the Box operations in addition to his current function. Ostrom has been named chief customer & digital …
Katie Lee
Chicago and Vancouver, B.C. — RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc., has opened its landmark 100th retail location, with RISE Dispensary Carson City on Nov. 23, located in Carson City, Nev. In addition, the company opened its 101st retail location with RISE Dispensary Brooklyn Park on Nov. 23 in Brooklyn Park, Minn. The two locations represent the 11th and 8th dispensaries to open in Nevada and Minnesota, respectively. “It is a historic day at Green Thumb as we open our 100th and …
Houston — Houston-based Shipley Do-Nuts, a large and fast-growing donut brand first founded in 1936, will expand its presence in Florida and Tennessee under a 22-unit franchise agreement with the hospitality arm of private investment platform Virentes Partners Group. Virentes operates multiple franchise brands through its subsidiary, Virentes Hospitality. Its development agreement with Shipley is the brand’s largest commitment inked in 2024. “We exhaustively researched dozens of franchise concepts to expand our hospitality portfolio, and Shipley came out on top with craveable and highly differentiated products and an outstanding leadership …
Katy, Texas — Academy Sports + Outdoors, a leading full-line sporting goods and outdoor recreation retailer, wrapped up 2024 with five new stores in Bradenton, Fla.; Yulee, Fla.; Searcy, Ark.; Meridian, Miss.; and Corsicana, Texas. “Just in time for the holidays, Academy Sports + Outdoors is excited to provide more customers with a new destination to find a localized assortment of gifts and merchandise that help their family and friends have fun out there,” says Eric Friederich, senior vice president of retail operations at Academy Sports + Outdoors. “These new …
Minneapolis — Alissa Partee, chief people officer (CPO) at Restaurant Technologies, has transitioned into a new role as the company’s chief operations officer (COO). In her previous role, Partee led the human resources team at Restaurant Technologies and joined the company as CPO in 2020. During her tenure, the company grew from 1,000 employees to over 1,500 nationwide. In addition to her role as CPO over the last year, Partee led the implementation of a new 9-person operations excellence team — a team that she will continue to lead in …
Houston — On the heels of its franchise program launch in October, Taco Cabana is readying to open its second TC 3.0 restaurant prototype in Houston before year’s end. The sleek new footprint boasts a streamlined, franchise-ready design that combines modern functionality with Taco Cabana’s rich heritage to fuel the brand’s new growth-focused era. Crafted with franchising in mind, the TC 3.0 prototype is purpose-built for efficiency and adaptability, featuring: • A condensed footprint that lowers initial investment for franchise partners. TC 3.0’s 2,500-square-foot model reduces the brand’s previous footprint …
Menomonee Falls, Wis. — Kohl’s Corporation has announced that CEO Tom Kingsbury plans to step down on Jan. 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl’s board of directors through his retirement in May 2025. The board has appointed retail veteran Ashley Buchanan as CEO, effective Jan. 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam’s Club during his 13 years …
Miami — Subway has announced that John Chidsey, global chief executive officer (CEO), will retire from the company at the end of 2024, after 5 years of leadership in the role. Carrie Walsh, Subway’s current president of Europe, Middle East and Africa (EMEA) and former global chief marketing officer (CMO), will assume the role of Iinterim CEO, while a search is conducted to identify Chidsey’s permanent successor. Chidsey joined Subway in 2019 as the brand’s first CEO outside of the founding family and led a multi-year transformation of the business. …
Dallas — Smoothie King, the world’s largest smoothie brand and the first health and fitness fast-casual brand of its kind, has appointed Jyoti Lynch as its new chief information officer (CIO). Lynch started in late October, and in this role, she leads the brand’s technology strategy, ensuring that innovation continues to enhance Smoothie King’s digital transformation and guest experience. Lynch brings more than 25 years of experience as a proven technology expert with a successful track record in building and transforming well-known restaurant, retail and technology brands; growing company revenue, …
Mt. Prospect, Ill. — Crane Payment Innovations (CPI), a Crane NXT, Co. company and a global leader in payment technology, has opened its first depot service center where customers can send their CPI components and Cummins Allison products to be serviced. “This is a significant milestone to be able to offer our customers the flexibility and versatility they want in a service provider,” says Chase Andrews, CPI’s vice president and general manager of service. “I can’t emphasize enough how proud I am of this team and all their hard work …