Jericho, N.Y. — Kimco Realty has appointed Josh Gelfman as vice president of development as the company continues to expand its presence in Florida. Gelfman will oversee value-creating redevelopment, expansion and mixed-use projects for Kimco’s Southern region, including South Miami shopping center, Oakwood Plaza North & South, Colonial Plaza and Cypress Creek Station, all located in Florida. “Josh’s knowledge of the Florida market, strong relationships with key stakeholders and proven track record of getting redevelopment projects over the finish line will be vital as Kimco expands its portfolio and mixed-use …
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Framingham, Mass. — The TJX Companies, Inc., a leading off-price retailer of apparel and home fashions, has promoted John Klinger to executive vice president, chief financial officer, effective January 29, 2023, the beginning of TJX’s fiscal year. Klinger will oversee corporate finance for TJX, including audit, treasury, tax and investor relations. He will continue to report to Scott Goldenberg who has been CFO since 2012. Goldenberg will continue as senior executive vice president, finance, with responsibility for certain other corporate functions, including global communications, risk management, new business development, and …
San Diego — QDOBA Mexican Eats (QDOBA), the largest franchise opportunity in the fast-casual Mexican segment, is coming out of a development banner year after differentiating itself with flexible footprint options that allow the brand to work well in a variety of traditional and non-traditional venues. The brand also added 34 new QDOBA locations in 2022. Among the 34 locations, 16 were franchise, 16 were license and two were corporate openings. The license locations included seven military locations, two airport locations, a premium outlet location as well as the brand’s …
New York City — RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, has commenced construction on The Home Depot at Macungie Crossing, a new community shopping center anticipated to encompass 182,000 square feet of retail and restaurant space in Trexlertown, Pa. The new 136,000-square-foot location featuring a garden center is slated to open in summer 2023. “The Home Depot opening at Macungie Crossing is a great win for local community members needing a close, convenient option for their home improvement and construction …
Denver — Quiznos has signed a multi-unit development agreement with franchisee Parish Patel that will yield 30 restaurants across Arizona starting in 2023. Part of a 7-year build schedule, three sites are slated to be built in the first and second year each, and the remaining locations over the last 5 years of the agreement. Patel, a former multi-unit franchisee who left the system in 2015 to pursue other fast-casual restaurant ventures, signed the multi-unit deal after experiencing the potential in Quiznos, a beloved and highly recognized brand under REGO …
Union, N.J. — Bed Bath & Beyond Inc. has appointed Bart Sichel as executive vice president, chief marketing & customer officer. Sichel will oversee fully integrated marketing and customer strategies for Bed Bath & Beyond, buybuy BABY and Harmon, reporting directly to Bed Bath & Beyond Inc.’s president and CEO, Sue Gove. “I am excited to welcome Bart to the Bed Bath & Beyond leadership team and am confident that his retail experience and deep knowledge of marketing and customer engagement will further support our strategic plan currently underway,” says …
Restaurant Technologies Named Vendor of the Year by the KFC Northwest Franchisee Association
Mendota Heights, Minn. — Restaurant Technologies (RT) and its Total Oil Management solution was recognized as the Vendor of the Year at the KFC Northwest Franchisee Association (KFCNWFA) conference held in Waikoloa Village, Hawaii, in early November. The award recognizes vendors who have set themselves apart through superior support and service, and enables KFC franchisees to deliver on the promise of consistent and reliable food quality. “We are honored to be recognized as the Vendor of the Year by such a valued partner,” says Curt Morford, national account executive for …
New York City — NAOT Footwear, Israeli maker of luxurious shoes that combine fashion and comfort, has opened its first ever flagship store in the SoHo neighborhood of New York City. The fashion-forward boutique, located at 436 W. Broadway, features a minimalist, chic design created to display current collections as works of art. “The opening of this flagship store allows us to show the breadth of the line and tell the story of NAOT on a deeper level,” says Ayelet Lax Levy, president of NAOT USA. “New York is my …
Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has hired its first chief growth officer, Jeremy Theisen. Theisen joins FAT Brands with over 20 years of experience in significantly increasing the revenue stream for high-growth startups in the restaurant sector and will be focused on spearheading the growth of the development pipeline across the FAT Brands portfolio. This includes bringing new franchisees into the system and driving multi-unit expansion with existing franchisees. Prior to joining FAT Brands, Theisen served as chief revenue officer of PathSpot, a hygiene management system …
Coppell, Texas — The Container Store Group, Inc., the leading specialty retailer of organizing solutions, custom spaces and in-home services, has named a new chief merchandising officer, Stacey Shively, and promotion of its chief information officer, Dhriti Saha, to chief operating officer, effective November 14. Shively most recently served as a senior vice president at Bed Bath and Beyond. As chief merchant of The Container Store, Shively will lead a diverse merchandising team, collaborate with the company’s cross-functional leadership team and report directly to CEO Satish Malhotra. She will play …