Author

Katie Lee

green newsNewsretailerssupply chain

Ahold Delhaize USA and General Mills Collaborate to Decrease Value Chain Emissions

by Katie Lee

Salisbury, N.C. and Minneapolis — Recognizing the importance of collaboration across the value chain, Ahold Delhaize USA and General Mills have teamed up to create an innovative approach to address Scope 3 greenhouse gas emissions within their shared value chain. Through co-investments in priority supply sheds — or geographic growing regions where key ingredients are sourced — the two companies will support farmers as they adopt regenerative farming practices. Utilizing expertise from Ecosystem Services Market Consortium (ESMC), a nonprofit member-based consortium, farmers will receive technical and financial support to implement …

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Newspeoplerestaurants

Red Lobster Exits Bankruptcy; New CEO is Named

by Katie Lee

Orlando, Fla. — In mid-September, The Red Lobster® restaurant chain exited Chapter 11 restructuring following the company’s acquisition by a new owner: RL Investor Holdings LLC. RL Investor Holdings is an entity created by funds managed by affiliates of Fortress Investment Group LLC, alongside co-investors TCW Private Credit and Blue Torch. “Red Lobster is now a stronger, more resilient company, and today is the start of a new chapter in our history,” says Damola Adamolekun, the new CEO of Red Lobster. “From the opening of our first restaurant in 1968, …

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Newsproperty managementretailers

Mexico Footwear Retailer to Open First U.S. Store

by Katie Lee

Los Angeles — JLL has signed Groupo Innovasport to a new lease for 7,500 square feet of space (currently occupied by Hollister) in the Third Street Promenade area of Santa Monica, Calif. Mexico-based Grupo Innovasport will open its U.S. flagship store for Culto, which features specialty footwear. The store is expected to open in first quarter 2025. Culto is the latest addition at Third Street Promenade, joining Google Store which recently inked a new deal. Latest openings in the popular destination include Pickle Pop, Barnes & Noble, Wilson Sporting Goods …

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construction and designfranchise developmentNewsrestaurants

Scooter’s Coffee to Open First West Virginia Location, Will Expand in 3 More States

by Katie Lee

   Omaha, Neb. — Scooter’s Coffee, LLC, the Midwest-based drive-thru coffee franchise experiencing record-breaking growth, plans to open five new coffee kiosks in four different states — the result of new franchise agreements signed in August — including its first location in the state of West Virginia. The new signings in West Virginia, Alabama, Minnesota and Wisconsin are the latest boost to the Scooter’s Coffee‘s network of more than 800 stores in 30 states as the brand strives to become the #1 drive-thru specialty coffee franchise system in the nation.  …

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Newspeopleretailers

Target Names New Chief Financial Officer

by Katie Lee

Minneapolis — Target Corporation has named Jim Lee as chief financial officer, effective Sept. 22. He will be responsible for financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and services and corporate development. He succeeds COO Michael Fiddelke.  “As a successful leader in finance and strategy, Jim will oversee the central role our finance team plays in fueling our long term profitable growth,” says Brian Cornell, chair and CEO, Target. “With decades leading core finance functions and nurturing growth, Jim will complement …

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franchise developmentNewspeoplerestaurants

The Wendy’s Company Names Executive Leadership Appointments

by Katie Lee

Dublin, Ohio — The Wendy’s Company has appointed John Min as its chief legal officer and secretary and Mary Greenlee as senior vice president, U.S. operations. Min will report to Wendy’s president and chief executive officer, Kirk Tanner; and Greenlee will report to the president, U.S., Abigail Pringle. Min succeeds E.J. Wunsch, who was appointed as Wendy’s president, international in June 2024. “I’m pleased to welcome John and Mary to the Wendy’s team,” says Tanner. “John’s proven track record of managing complex commercial transactions, his extensive background in legal strategy …

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NewsProduct Spotlightsecurity/loss preventionsoftware/technologyvendors

Hibbett Chooses Cequence Security to Revolutionize API Security and Bot Management

by Katie Lee

Santa Clara, Calif. — Cequence, a pioneer in API security and bot management, has been selected by Hibbett, a leading athletic-inspired fashion retailer, to enhance Hibbett’s automated threat detection capabilities and enable comprehensive inventory management, compliance and API protection across all online and in-store brands. Like many retailers, Hibbett operates in a hybrid IT environment, juggling both on-premises and cloud-based systems for its retail and online operations. After critical SaaS migration to Oracle Cloud and Azure Active Directory, the company prioritized robust API security to ensure secure and efficient API …

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Industry Voiceskitchen equipmentplumbingProduct Spotlightrestaurantsvendors

Optimizing Efficiency

by Katie Lee

— By Sharon Cho and Justin Shreiner — Selecting optimal water heating systems to meet the needs of full-service restaurants. Full-service restaurants are harsh environments for commercial water heaters. They operate for long hours, often from early morning to midnight, with continuous 140° hot water necessary for food prep, cooking and cleaning. This constant demand places a significant strain on water heating equipment and requires units that can withstand heavy use and provide consistent performance. For this reason, selecting the proper water heater is necessary to keep restaurants operational, remain …

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Industry Voiceskitchen equipmentkitchen exhaust/grease controlProduct Spotlightrestaurantsvendorswaste management/recycling

Exhaustive Analysis

by Katie Lee

— By Christopher Collins, AIA, NCARB — The good, the bad & the ventless …exhaust hoods. The look of dismay on the chef’s face told me everything I needed to know: the vent hood was not cutting it and big money was going to be burned trying to remedy his woes. The issue was the ventless hood that was used for the cooking appliances. And not really the exhaust type that was being employed, but more of the expectations around that piece of equipment. That’s when I realized what ventless …

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franchise developmentNewspeoplerestaurants

Smalls Sliders Welcomes New Chief Financial Officer

by Katie Lee

Atlanta — Smalls Sliders has appointed industry veteran and financial expert Dan Hurwitz as its new chief financial officer. In his new role, Hurwitz will focus on supporting investment decisions to drive profitable growth for Smalls Sliders as the brand continues expanding its capabilities as an industry disruptor. With over two decades of experience managing and overseeing the financial growth of several known brands, Hurwitz will play a key role in Smalls Sliders’ growing leadership team. Hurwitz’s background includes his most recent position as CFO of Philz Coffee, where he …

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