From The Magazine

— By Katie Lee — PREIT is redefining the role of malls by transforming them into vibrant community hubs. As a premier developer and operator of retail and entertainment destinations all over the country, in some of the most sought-after, high barrier-to-entry MSAs, PREIT has long understood the importance of creating a “sense of place.” But with more than 6 decades of experience and a foresight to see beyond the traditional malls or power centers of its early years, today PREIT and its 17 premier properties offer so much more …

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— By Katie Lee — Mountain Mike’s Pizza, a Newport Beach, California-based family-style pizza chain for more than 45 years, continues to scale the heights toward the peak of franchise success. Born out of the Bay Area in 1978, Mountain Mike’s Pizza started franchising in 1981 and grew steadily and regionally over the ensuing decades. More recently, Chris Britt and Ed St. Geme, former multi-unit Burger King franchisees and Stanford alumni who frequented the chain in college, came along and shook things up. In 2017, the pair acquired the company …

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— Interview with Melody Wright — Von Maur embarks on a $100 million renovation plan to redefine its department stores for a new generation — and reinvest in the 152-year-old company’s signature customer service. Von Maur is a classic American department store, currently embarking on an extensive, multi-phased renovation of its nearly 40 brick-and-mortar locations over the next 5 years. The 152-year-old retailer will invest more than $100 million to showcase an entirely new interior aesthetic, with renovations underway in Wichita, Kansas; Fort Wayne, Indiana; Omaha, Nebraska; Livonia, Michigan; Louisville, …

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— By Katie Lee — Carvel celebrates 90 years of soft serve ice cream with a new shoppe design and growth in new markets. Success doesn’t happen overnight, and it doesn’t happen by accident. However, the beloved ice cream brand Carvel may beg to differ. It was way back in 1934, in Hartsdale, New York, when founder Tom Carvel had a flat tire in his ice cream truck. Pulling over, he tried to salvage the product he had left and sold the slightly melted ice cream to people passing by. …

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— By Hayden Spiess — Japanese specialty retailer Daiso is bringing its eclectic range of retail to more markets throughout the United States and broadening its consumer base. In a recent video review of Daiso, YouTube content creator Retail Archaeology — who produces profiles on retail concepts — displays the spoils of their visit to a Daiso store in Chandler, Arizona: a miniature fan and a pack of instant ramen. This random coupling of items exemplifies the eclectic nature of the Japanese retailer’s product assortment. According to John Clarke, chief …

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— Interview with Maria Rivera — In its innovative small spaces, the young slider brand is going big places — with 200 modular “Cans” open or under development in 16 states. The only thing “small” about Smalls Sliders is the unique space it inhabits. Utilizing a creative “Can” buildout, the expanding burger brand operates out of a 750-square-foot shipping container — keeping construction costs down and clearing the way for easy, efficient openings almost anywhere. Last year, Smalls Sliders began further positioning itself as a disruptor in the ‘big burger’ …

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— Interview with Jason Hipskind — With a retail cooperative model similar to franchising, Ace Hardware is uniquely able to continue its historic expansion with more than 200 new stores planned in 2024. Globally, Ace Hardware has opened more than 1,100 stores in the last 5 years — quite the impressive feat considering nearly half of that timeframe included a global pandemic. But as an essential business, the more than 100-year-old retail cooperative continued to open new stores, evolve its product offerings, expand its omnichannel presence, and refresh its physical …

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— By Katie Lee — Coming off a strong year of growth, pizza legend Papa Johns takes its ‘dough show’ on the road, both domestically and abroad, with a brand-new look. The best, by definition, outshine the rest — but some years the best outshines even itself. 2023 was one of those years for Papa Johns. Founded four decades ago in Louisville, Kentucky, the pizza legend notched a great year in 2023, a year that finished as one of its best for new North America store openings in the past …

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— By Hayden Spiess — Bouldering gym concept VITAL continues to expand and provide an increasingly climbing-curious population with standout facilities. When looking for new markets that might be a fit for their brand, the owners of VITAL Climbing Gym, a bouldering concept, seek out locations that are “in the mix and part of people’s lives.” This is somewhat paradoxical with the genesis of the company, which originated during a long and very solitary bike tour more than a decade ago. Co-founder David Sacher recounts that he was alone in …

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— By Katie Lee — The QSR leader never stops innovating — from the current rollout of its new Global Next Gen restaurant design to the highly anticipated launch of its future high-capacity kitchen. It’s hard to imagine that quick-service restaurants once existed without drive-thrus, but someone had to start somewhere. In 1970, Wendy’s Founder Dave Thomas popularized the “Pick-Up Window” at a freestanding Wendy’s restaurant and that innovation became, essentially, one of the first modern drive-thrus. While the pick-up window wasn’t brand new, no one had made it work …

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