News

CRISP & GREEN Opening First Arkansas Location in April

by Katie Lee March 24, 2023

Minneapolis — On the heels of inking its largest development deal to date, STEELE BRANDS®, a Minnesota-based company that establishes and develops healthy lifestyle restaurants, will debut its CRISP & GREEN® concept in Arkansas this spring. The healthy fast-casual brand is slated to open in Bentonville in April, marking the first of five CRISP & GREEN restaurants planned for the state. The Bentonville location will catapult CRISP & GREEN into its busiest year to date, in which it is expected to more than double its restaurant count across 15 states …

March 24, 2023

kitchen equipment News people restaurants vendors

Vulcan Names Project Manager – Custom and Heavy-Duty Products

by Katie Lee March 23, 2023

Baltimore, Md. — Vulcan, a leading provider of commercial cooking equipment, has named Alex Piñero as project manager – custom and heavy-duty products for the company. The new hire is part of Vulcan’s efforts to enhance the customer experience with a new design team. The new Vulcan design team is led by industry veteran Dan Montgomery, Vulcan’s director of consultant and design services. As the newest member of the design team, Piñero will be working with the company’s CAD/Revit Designer and will be the point of contact for the management …

March 23, 2023

News retailers

Foot Locker to Close More Than 400 Stores

by Katie Lee March 23, 2023

New York City — Foot Locker will close more than 400 underperforming stores as part of its “Lace Up” plan, announced during the company’s 2023 Investor Day call. According to Tony Aversa, senior vice president of global store development, the move is part of a strategy to manage portfolio risk by way of strategic closures. The company currently operates 2,700 locations, which will be reduced to approximately 2,400 by 2026, a number which also reflects the planned addition of stores in new formats. Despite the closures, Foot Locker intends to …

March 23, 2023

franchise development News restaurants

Shipley Do-Nuts Opens First Georgia Location

by Katie Lee March 22, 2023

Houston — Shipley Do-Nuts, makers of gourmet, made-fresh-daily do-nuts for more than 85 years, is bringing its famous do-nuts to Georgia for the first time with the opening of its new location in Cumming at 3225 Keith Bridge Rd. The shop is locally owned and operated by Oziel “Ozzie” Rodriguez, who also owns Coal Mountain Package Store and Palapas Bar and Grill in Forsyth County, Ga. Houston-based Shipley Do-Nuts is beloved throughout the South for its more than 60 varieties of fresh, hot do-nuts, as well as kolaches (savory breakfast …

March 22, 2023

News retailers

Kohl’s Unveils Locations of 250 New Sephora at Kohl’s Opening This Year

by Katie Lee March 22, 2023

Milwaukee, Wis. — Kohl’s has unveiled the 250 stores that will be adding a full-sized, 2,500-square-foot Sephora at Kohl’s experience in 2023. The addition of 250 new locations brings the total Sephora at Kohl’s fleet to more than 850, achieving the partnership’s initial planned goal of the Sephora at Kohl’s rollout. “We are making great strides in building a formidable beauty business with the addition of Sephora at Kohl’s,” says Karen Daoust, Kohl’s senior vice president, general manager, Sephora at Kohl’s. “The completion of our 850 stores in 2023 is …

March 22, 2023

franchise development News people restaurants

GPS Hospitality Announces Promotion to Region Vice President

by Katie Lee March 22, 2023

Atlanta — GPS Hospitality, one of the nation’s fastest-growing BURGER KING®, POPEYES® Louisiana Kitchen and Pizza Hut franchisees, has promoted Nick Myhre to region vice president. In his new capacity, Myhre will oversee the operations of 41 restaurants in Northwest Georgia and Chattanooga, building on his impressive record of success within the company. Myhre joined GPS as a district leader in April 2016. Under his leadership, Myhre’s district went from last place in the company to become the top performer in 2019. He was named district leader of the year …

March 22, 2023

News people retailers

rue21 Appoints Chief Executive Officer

by Katie Lee March 21, 2023

Warrendale, Pa. — rue21, a leading American specialty retailer, has named Josh Burris as its chief executive officer and member of the board. Burris replaces Bill Brand, who announced in March 2023 his intention to step down as CEO. “I’m honored to be joining rue21 as CEO,” says Burris. “As a brand, rue21 serves the most vibrant and fastest-growing segments focused on affordable fashion that’s accessible to all, making it well positioned for growth. I’ve dedicated my career to building retail brands centered around the consumer and am excited to …

March 21, 2023

News people restaurants

Laxman Narasimhan Officially Assumes Role of CEO of Starbucks

by Katie Lee March 20, 2023

Seattle — Incoming CEO Laxman Narasimhan has assumed, officially, the role of chief executive officer of Starbucks, effective March 20. He will also join the company’s board of directors. Narasimhan was named incoming CEO on September 1, 2022, succeeding company founder and now former CEO, Howard Schultz. Following the global search for the new leader of Starbucks, Narasimhan joined the company as incoming CEO on October 1, 2022, bringing nearly 30 years of experience leading global consumer goods businesses and advising retail, grocery, restaurant and e-commerce companies. Over the past …

March 20, 2023

News people retailers

Shoe Carnival Names New EVP, Chief Financial Officer

by Katie Lee March 20, 2023

Evansville, Ind. — Shoe Carnival, Inc., a leading retailer of footwear and accessories, has appointed Erik Gast as the company’s executive vice president, chief financial officer, effective April 24, 2023. Gast succeeds W. Kerry Jackson, who will be retiring after a 35-year career with the company. Bringing over 30 years of finance experience with both private and public companies, Gast will join the company from Fleet Farm Group, LLC, where he has been the executive vice president & chief financial officer since 2020. Prior to that position, he held numerous …

March 20, 2023

franchise development News restaurants

Korean Street Food Concept, Jaws TPK, to Open First Location in the Eastern U.S.

by Katie Lee March 20, 2023

Atlanta — Jaws TPK will be opening at Mall Corners in Duluth, Ga., marking the chain’s first location in the Eastern U.S. The growing international brand, which has brought its Korean street food concept to 250 locations in South Korea, has signed a 1,900-square-foot lease to open in third quarter 2023. Daniel Yi, vice president for Ackerman Retail, completed the lease on behalf of Jaws TPK. He is representing franchisor Boxete Group in finding additional locations in metro Atlanta. “This is a great location for Jaws TPK that gives the …

March 20, 2023

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