Seattle — BH Properties, a vertically integrated, value-add real estate investment firm, has hired Janel Jensen as managing director, retail properties. With deep experience in the Pacific Northwest, Jensen will be based out of BH Properties’ Seattle office and will lead the strategic leasing, merchandising and positioning efforts for the company’s growing portfolio of retail and mixed-use assets across the Pacific Northwest and West Coast. Jensen brings more than a decade of experience shaping vibrant retail environments in both urban cores and suburban mixed-use developments and will play a key …
Katie Lee
Los Angeles — Sweetgreen plans to open its first two locations in Arkansas — a significant step in its expansion across the southern United States. The brand will open in Fayetteville, Ark., later this year, with a second location to follow at Walmart’s new home office in Bentonville, Ark. “Northwest Arkansas is quickly becoming a hub for innovation and growth, and we’re excited to be part of it,” says Christopher Tarrant, chief development officer at Sweetgreen. “Opening on Walmart’s forward-thinking new home office campus and in Fayetteville, home of the …
Birmingham, Ala. — At Books-A-Million, Rick Franz has been promoted to executive vice president of real estate, while Jack Fleming has been promoted to vice president of real estate. The company has also welcomed Pete Turner to the team as real estate manager. Since joining Books-A-Million, Franz has made significant contributions to our stores and our team, bringing strategic insight and leadership to the real estate department. In his new role, Franz will continue to shape the future of Books-A-Million’s store positioning and growth. Fleming has been a valued member …
New York City — Bikky, a customer data platform built exclusively for multi-unit restaurants, has partnered with with Playa Bowls, the nation’s leading acai shop, serving superfruit bowls, smoothies, juices and more with sustainability and community in mind. Playa Bowls started as a makeshift pop-up in Belmar, N.J., in front of a pizzeria. The brand expanded from a single blender and a small cart to more than 300 U.S. locations in just 11 years. With ambitious plans to add another 90 shops in 2025 and a need to improve its …
Fort Worth, Texas — PVI, a Watts brand, introduces enhanced Conquest® compact, condensing, semi-instantaneous, firetube water heaters that have improved thermal efficiency, optimized pump placement and superior return on investment (ROI). The new Conquest offers commercial facility owners and managers three key benefits: • Enhanced Thermal Efficiency: The upgraded straight firetube heat exchanger design increases the Conquest’s thermal efficiency to an impressive 98% across all inputs, making it one of the most energy-efficient models available. • Optimized Pump Placement: The pump is now strategically positioned at the front and side of …
Pittsburgh and New York City — DICK’S Sporting Goods Inc. has entered into a definitive merger agreement with footwear and apparel retailer Foot Locker Inc. Under the agreement, sporting goods retailer DICK’S will acquire Foot Locker for an equity value of roughly $2.4 billion and an enterprise value of $2.5 billion. Foot Locker operates approximately 2,400 retail stores across 20 countries in North America, Europe, Asia, Australia and New Zealand. Foot Locker’s portfolio of brands also includes Kids Foot Locker, Champs Sports, WSS and atmos. DICK’S plans to operate Foot …
Dallas — Twin Hospitality Group Inc., the parent company of Twin Peaks Restaurant, has appointed Kim Boerema as chief executive officer. Boerema will draw on his over 30 years of industry experience, scaling and optimizing high-volume, full-service restaurant operations, to continue driving forward the rapid growth trajectory of the ultimate sports lodge, Twin Peaks. Boerema most recently served as president and chief operating officer of Parry’s Pizzeria & Taphouse, where he helped to significantly scale the brand, taking it from a 10-unit concept to an approximately 30-unit concept in the …
Boston — Wayfair Inc., the destination for all things home, plans to open its next large-format retail store in Yonkers, N.Y., in early 2027. The news comes as the company celebrates the 1-year anniversary of its inaugural large-format store in Wilmette, Ill. — a milestone that underscores Wayfair’s growing success in physical retail and its evolving omnichannel strategy. The Yonkers announcement follows the previously revealed plans for Wayfair’s Atlanta store, slated to open in 2026. “Over the past year, we’ve seen firsthand how a thoughtfully designed physical store can deepen …
Visible Results
— By Norm Pensky — How gyms can reduce costs and embrace sustainability. Today’s fitness market is increasingly competitive, with boutique workout classes and home exercise options pulling customers in new directions. Instead of chasing costly trends, gym owners can reduce costs and improve profitability by optimizing what’s within their control: energy efficiency. While high-end equipment and lavish amenities may attract attention, smarter energy management offers a more sustainable way to succeed in this crowded industry. Running a gym is energy-intensive. Climate control, lighting and equipment drive up electricity and …
Navigating a Changing Climate
— By Kyle Klahre — The world of refrigeration is rapidly changing — here’s what grocers need to know. Refrigeration systems in the U.S. are rapidly evolving due to new government regulations affecting residential, commercial and industrial systems. To understand current changes, it’s helpful to look back at the history of refrigerant regulation. This regulatory journey can be traced back to the middle of the 1980s. The Baby Boomer and Generation X readers likely remember hearing NASA discovered a hole in the ozone layer over Antarctica. Well, the cause of …