Sarasota, Fla. — Le Macaron, the leading French pastries and macaron franchise in the U.S., is on track to meet its year-end goal of 80 franchise units following remarkable growth in 2002 and an impressive first quarter in 2023 with multiple franchise openings. As the #1 macaron franchise with 76 units nationwide in various stages of development, the popular French patisserie will open 10 new locations this summer in Tucson, Ariz.; Gaithersburg, Md.; New York; Columbus, Ohio; Tarpon Springs, Fla.; Pembroke Pines, Fla.; and three California stores in Long Beach, …
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Brentwood, Tenn. — CenterSquare Investment Management has recently completed renovations at Brentwood Corners (formerly Lakeside Center), a 22,268-square-foot Essential Service Retail (ESR) property located in Brentwood, Tenn., a Nashville suburb. The property has undergone several enhancements, including a newly milled and repaved parking lot, freshly painted facades and awnings, a complete roof replacement, revitalized landscaping, and the installation of LED lighting in both the shopping center and the surrounding parking area. In addition to the range of physical improvements implemented, the property has also undergone a change in ownership and …
Raleigh, N.C. — Golden Corral is proud to welcome Dawn Gillis as its new chief information officer. With more than 20 years of experience in the restaurant, hospitality and consumer goods industries, Gillis has proven to be a forward thinker while consistently delivering results. As CIO, she is tasked with leading Golden Coral’s digital growth strategy while modernizing its technology stack. “We are excited to welcome Dawn to the Golden Corral family and believe her depth of technological knowledge and outstanding leadership experience makes her the right person to help …
Greenville, S.C. — Tech24, backed by HCI Equity Partners, acquired Harris Warren Commercial Kitchen Service on June 20, 2023. Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment, and Harris Warren is its 17th add-on acquisition in the foodservice repair and maintenance market. Financial terms were not disclosed. Harris Warren, based in West Yarmouth, Mass., is a leading provider of repair services, preventative maintenance and installation for commercial kitchens in the Cape Cod area. The company specializes in servicing hot and cold side …
Wilmington, Del. — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention and cleaning products and technology. With the acquisition, Solenis has grown to an enterprise operating in over 130 countries with 71 manufacturing facilities and more than 15,000 employees. Headquartered in Wilmington, Del., Solenis was acquired by Platinum Equity in 2021. Bain …
Lakewood, Colo. — Natural Grocers®, the nation’s largest family-operated natural and organic retailer, has marked an important sustainability milestone: preventing 500 million single-use plastic bags from impacting the environment since 2009 with its disposable bag-free checkouts and additional practices to reduce packaging and waste. Founded in 1955, Natural Grocers is known for its commitment to the health and wellbeing of humans, animals and the planet. As part of this ongoing commitment, the company adopted single-use bag-free checkouts at the register in 2009, with its ‘Bring Your Own Bag’ program. The …
Houston — According to Colliers, Dirty Dough Cookies is expanding its footprint in Houston with the execution and planned openings of eight new outposts in the Houston area. Adriana Shaw with Colliers Houston worked with Dirty Dough Cookies to curate the strategic market rollout. Starting out of an apartment by a college student in Arizona, Dirty Dough Cookies strives to be a relatable, real-life brand that doesn’t take itself too seriously. It prides itself on substance and authentic goodness. From a dorm room kitchen to franchise locations spreading across the …
Scottsdale, Ariz. — One of the leading retailers of tires and wheels, Discount Tire, has expanded into North Dakota for the first time, marking the brand’s entrance into its 38th state. Discount Tire’s latest store opened at the end of June in Grand Forks, N.D. “We’re honored to bring Discount Tire to Grand Forks,” says Michael Vanella, Discount Tire store manager in North Dakota. “We are humbled to become part of the community and look forward to helping keep North Dakota’s drivers safe on the road.” Since its founding in …
Louisville, Ky. — Yum! Brands, Inc. has promoted Sean Tresvant to Taco Bell division chief executive officer, reporting to Yum! Brands CEO David Gibbs, effective January 1, 2024. Tresvant, who currently serves as global chief brand and strategy officer of Taco Bell, will succeed Mark King, who plans to retire at the end of 2023. As CEO, Tresvant will assume global responsibility for driving Taco Bell’s growth strategies, franchise operations and overall performance. “Sean is a visionary business leader and best-in-class brand builder who is driving transformative R.E.D. (relevant, easy, …
New York City — Newmark has arranged a 5,104-square-foot retail flagship for Yankeekicks on behalf of ownership, The Wings Group, at its NoHo asset 666 Broadway in New York City. Yankeekicks, a Miami-based sneaker retailer, signed a long term lease to occupy the ground-floor corner flagship space. Newmark’s vice chairman, Ariel Schuster, and director, Mitch Heifetz, represented the landlord on the lease transaction. Yankeekicks’ CEO and founder, Yaniv Bar, began collecting and reselling rare sneakers in 2017, capturing the attention of consumers along the way. Within a 3-year period, Bar’s …