Jacksonville, Fla. — A consortium of private investors, spearheaded by the current CEO and president of Southeastern Grocers Inc. (SEG), Anthony Hucker, and C&S Wholesale Grocers, has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners from ALDI U.S. ALDI U.S. previously purchased Southeastern Grocers in March 2024. The agreement includes the acquisition of SEG grocery and liquor store operations under the Winn-Dixie and Harveys Supermarket banners. This includes approximately 170 grocery stores in Alabama, Georgia, Louisiana, Mississippi and Florida, as well as the existing Winn-Dixie liquor store business. …
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Atlanta — Tropical Smoothie Cafe® evolves its leadership team as it continues to drive operational excellence and expansion. The company has appointed Jonathan Biggs as chief operating officer (COO) and has promoted Chris Sasser to chief financial officer (CFO) and Karen Wickliffe to general counsel (GC). Biggs joins Tropical Smoothie Cafe from Baskin-Robbins, where he served as brand head, overseeing operations across the United States. With over a decade of experience in field and global operations, he has a proven track record of driving restaurant profitability through technology and operational …
New York City — Macy’s Inc. has promoted Barbie Cameron to chief stores officer of Macy’s, effective Feb. 16. She most recently served as the senior vice president and regional director of stores, East Region, and had been the interim chief stores officer since August. She reports to Adrian Mitchell, chief operating officer and chief financial officer of Macy’s, Inc. In this role, Cameron leads the store operations across Macy’s nameplate, from flagships to small format stores and its call center operations. She will spearhead initiatives to modernize Macy’s, improve …
Chicago — Craveworthy Brands, a multi-brand restaurant platform company, has debuted its first-ever location of taim Mediterranean Kitchen in Chicago and the Midwest region, located at Craveworthy Kitchen in Hayden Hall on the second floor of 333 South Wabash Ave. Taim’s menu includes freshly made hummus, falafel, shawarma and customizable bowls and pitas, catering to vegan, vegetarian and gluten-free preferences. Founded in 2005 in New York City’s West Village, taim is celebrated for its market-fresh produce, authentic herbs and spices and time-honored cooking techniques. Taim currenrly has 13 locations across …
Costa Mesa, Calif. — Liberated Brands, the parent company of several sport, outdoor and lifestyle apparel retailers, has initiated Chapter 11 bankruptcy proceedings, according to court documents filed in Delaware. Liberated Brands’ portfolio of retailers includes Volcom, Billabong, Quiksilver, ROXY, Honolua Surf, RVCA, Beachworks, Becker Surfboards, ZJ Boarding House, Spyder and Boardriders. According to Gordon Brothers, which is providing real estate advisory services to the retailer, Liberated Brands plans to close its 122 stores throughout the country. Gordon Brothers — which earlier this year entered into a sales transaction with Big …
Lake Forest, Calif. — Del Taco has signed a 10-unit development agreement with a new franchise group in the Indianapolis DMA. Target markets include Bloomington, Bedford, Columbus, Greenwood, Plainfield and Avon. This marks the brand’s entry into the Indiana market. Founded in 1964, Del Taco has nearly 600 restaurants across 17 states. For more information, visit www.deltacofranchise.com. SOURCE: Del Taco
Lincolnshire, Ill. — LG Electronics USA and BrightSign LLC have formed a collaboration resulting in a new series of LG ultra high-definition (UHD) digital signage displays running BrightSignOS. These displays will be available to U.S. customers in the second quarter of 2025, with international markets following. The new LG 49-, 55-, and 65-inch UV5N series models will run the trusted BrightSignOS on LG’s powerful, embedded system-on-a-chip (SoC) multi-core processor. These displays are designed to transform content delivery and offer a wide variety of BrightSign partner content management system (CMS) solutions. …
Reynoldsburg, Ohio — Victoria’s Secret & Co. (VS&Co) has announced that its chief financial and administrative officer, Timothy (TJ) Johnson, is retiring in June 2025. Scott Sekella has been appointed chief financial officer. “We are excited to welcome Scott to VS&Co,” says Hillary Super, chief executive officer of VS&Co. “He is a transformational leader with extensive and diverse retail experience delivering results, driving operational efficiencies and executing growth strategies. He has a strong retail background and record of identifying and accelerating strategies that strengthen performance and enhance profitability which I …
Pasadena, Calif. — Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill & Bar®, Fuzzy’s Taco Shop® and IHOP®, has announced that Tony Moralejo (pictured here) will step down as Applebee’s president, effective March 4, 2025, and will serve as an advisor to the company through June 4, 2025. John Peyton, CEO, Dine Brands, will assume the role of interim president of Applebee’s while continuing in his current capacity. “Tony and I share a deep respect for the DNA of Applebee’s and we are all grateful for his …
Lexington, Ky. — Tempur Sealy International, Inc. has completed its previously announced acquisition of Mattress Firm Group Inc. (Mattress Firm), the nation’s largest mattress specialty retailer, for approximately $5 billion. Additionally, Tempur Sealy will change its name to Somnigroup International Inc., effective February 18, 2025. Mattress Firm, Dreams and Tempur Sealy will operate as decentralized business units under Somnigroup International. Mattress Firm and Dreams will continue to operate as multi-branded retailers and Tempur Sealy, primarily a manufacturer, will continue to serve third-party retailers as well as Mattress Firm, Dreams and …