KBS Appoints New Chief Operating Officer

Oceanside, Calif. — Kellermeyer Bergensons Services (KBS), a trusted partner to leading operations and facility managers across North America, has hired seasoned operational executive Ray Aschenbach as its new chief operating officer. “It is with great pleasure that we welcome

A&G Taking Offers Now on 49 David’s Bridal Leases

New York City — A&G Real Estate Partners is entertaining offers on 49 David’s Bridal leases across the United States — transactions that must be presented for bankruptcy court approval by June 30. “Interested retailers and landlords need to act

Twin Peaks Hits Key Growth Milestone with 100th Opening

Indianapolis — Twin Peaks Restaurant celebrated its 100th lodge opening on June 2 in the Indianapolis suburb of Greenwood, Ind. From the time Twin Peaks CEO Joe Hummel opened his first lodge in the Atlanta area as a franchisee, it

Saks Fifth Avenue Expands the Fifth Avenue Club

New York City — Saks Fifth Avenue is expanding its luxury personal shopping and styling service, the Fifth Avenue Club, with the launch of private, standalone suites in destinations across the U.S. These luxe Fifth Avenue Club Suites are an

Lightspeed Reimagines How U.S. Customers Run Front-Of-House Operations

Montréal — Lightspeed Commerce Inc., a one-stop commerce platform for merchants and restaurateurs around the world, has released the latest version of its powerful restaurant solution: the Next Generation of Lightspeed Restaurant. This update, now available in the United States,

Panera Launches Drive-Thru Pick-Up Nationwide

St. Louis — On May 31, Panera launched Drive-Thru Pick-Up nationwide, combining the ease of the digital ordering experience with the comfort and convenience of the drive-thru window. Guests can now choose the Drive-Thru Pick-Up option when ordering ahead on

LIDS Promotes SVP of Merchandising to President

Indianapolis — Leading sports retailer Lids has promoted its senior vice president of merchandising, Bob Durda, to president. Over a 13-year tenure at the company, Durda has been at the forefront of Lids’ focus on building out its portfolio of

Vestar Names Industry Veteran to Regional Director Position

Phoenix — Vestar, one of the leading privately held shopping center owners and managers in the western U.S., has tapped industry veteran Charles Martinez to be its new regional director overseeing its Northern California properties. Over the past 15 years,

Jersey Mike’s Opens in 50th State, Alaska

Wasilla, Alaska — Jersey Mike’s Subs has achieved a major milestone with the opening of its first restaurant in Alaska. The sub chain now offers its fresh sliced/fresh grilled sub sandwiches in all 50 states. “We now have more than

Pegnato Adds New VP of Project Management and Technical Services

Marina Del Rey, Calif. — Citing unprecedented growth over the past year, Pegnato, the leader in connecting national roofing portfolio managers with pre-vetted top contractors, has expanded its executive team with the addition of Jason Domecq as vice president of

Panera Brands Establishes Next Generation of Leadership

St. Louis — Panera Brands Inc., which includes the fast-casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, has established its next generation of CEO leadership and board governance in preparation for its eventual

Retail Tech Platform Lily AI Appoints New Chief Operating Officer

Mountain View, Calif. — Lily AI, a retail technology platform specializing in AI solutions for retailers and brands, has hired Avnish Patel to its executive team as chief operating officer, effective immediately. In this new role, Patel will be responsible

Bonchon U.S. Appoints New CEO

Dallas — Bonchon, a global leader in fast-casual Asian fusion dining known for its Korean double-fried chicken, has appointed former global CFO Bryan Shin to lead Bonchon U.S. as CEO. Shin joined Bonchon as head of global finance in 2019

Walmart Opens First Market Fulfillment Center in Arkansas

Bentonville, Ark. — Walmart opened its first high-tech Market Fulfillment Center in Arkansas at Store 100 located at 406 S. Walton Blvd. in Bentonville in May, underlining the retailer’s strategic move toward expanding the use of its stores as fulfillment

Vicky Bakery Appoints New CEO; Continues Franchise Growth

Miami — Vicky Bakery, South Florida’s original family-owned Cuban bakery since 1972, has named Mauricio Romero as its new chief executive officer. This announcement comes as Vicky Bakery is experiencing record-setting growth, continuous double-digit revenue gains, the opening of multiple

MINISO Opens Global Flagship Store in Times Square, New York

New York City — Lifestyle retailer MINISO officially opened its new global flagship store in New York’s Times Square on May 19, 2023. The opening of the new flagship comes during the brand’s 10th anniversary year, and shortly after the

TGI Fridays CEO to Step Down

Dallas — Ray Blanchette, chief executive officer of TGI Fridays, is stepping down. Rohit Manocha, chairman of the board and co-founder of TriArtisan Capital Advisors, will be assuming Blanchette’s responsibilities in the interim. The TGI Fridays executive team will report