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Jack in the Box, Del Taco Enter into $575 Million Merger Agreement

by Katie Lee

San Diego and Lake Forest, Calif. — Jack in the Box Inc. and Del Taco Restaurants have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the agreement, Jack in the Box will acquire Del Taco for $12.51 per share in cash. The deal, which is expected to close in the first quarter of 2022, would yield a company with more than 2,800 restaurants across 25 states. In addition, the new entity plans to grow its store count by 4% annually …

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construction and designNewsretailers

Dollar General to Open 1,000 New Popshelf Stores by End of 2025

by Katie Lee

Goodlettsville, Tenn. — Dollar General has unveiled plans to open approximately 1,000 new Popshelf stores by the end of fiscal year 2025, including roughly 100 stores in fiscal year 2022. Each Popshelf store spans approximately 9,000 square feet and offers seasonal and home décor, health and beauty products, cleaning supplies and party goods. The target customer is primarily female, lives in the suburbs and maintains an annual household income ranging from $50,000 to $125,000, according to the retailer. Dollar General, which is based in Goodlettsville near Nashville, debuted the Popshelf …

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franchise developmentNewsrestaurants

WOWorks Restaurant Brands Finalizes 12 Franchise Agreements and Openings in 10 States in 2021

by Katie Lee

St. Petersburg, Fla. — The WOWorks family of restaurant brands — Saladworks, Frutta Bowls, Garbanzo Mediterranean Fresh and The Simple Greek — experienced growth of its co-branded restaurant concepts in 2021 with six locations opening and six additional franchise agreements signed across 10 states by the end of the year. “We are seeing an accelerated growth in co-branded WOWorks restaurants because our healthy-halo brands meet growing menu and flavor demands, and have the flexibility in size and operation to open alongside current restaurants and inside many non-traditional spaces,” says Eric …

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Newspeoplevendors

MaintenX International Hiring Nationwide Amid Strong Growth

by Katie Lee

Tampa, Fla. — As most facilities across the country have resumed full operation, their maintenance needs have expanded accordingly. From storm recovery to winterization and preventative HVAC servicing, the needs of buildings are many and varied. MaintenX International has been expanding nationwide throughout 2021 to meet these client requirements, and is looking for additional team members as winter begins. MaintenX has added more than 100 self-performing facility maintenance technicians to its national team so far this year, and still has more than 60 open positions available across the country. From …

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Newsretailers

Toys”R”Us Opening Global Flagship at American Dream

by Katie Lee

New York — WHP Global, parent company of Toys”R”Us®, is gearing up for the grand opening of a new two-story Toys”R”Us flagship store inside American Dream, the unmatched entertainment/retail center in Bergen County, N.J. The first U.S. Toys”R”Us flagship store will feature a modern two-level retail concept that spans 20,000 square feet. The flagship will be reminiscent of the beloved toy store customers know and love, with interactive experiences and product demonstrations, and new branded elements like Geoffrey’s Café and ice cream parlor, two-story slide and more. Located within steps …

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franchise developmentNewsrestaurants

Blaze Pizza to Develop 9 New Restaurants Across South Florida

by Katie Lee

Los Angeles — Blaze Pizza, a leading fast-casual franchise pizza concept, has signed a new franchise development agreement that will significantly expand the brand’s South Florida footprint, bringing nine new units to the greater Miami market. Spearheading this development are seasoned multi-unit operators Asif Ghaffar and Tahir Mahmood of BLD Restaurant Group, who are expanding their existing portfolio. Blaze Pizza currently has 25 locations throughout the Sunshine State and a strong development pipeline that will further propel its expansion statewide over the next several years. Local franchisees Ghaffar and Mahmood …

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franchise developmentNewsretailers

Ace Hardware Opens First Store Under New Franchise Model in Mexico

by Katie Lee

Monterrey, Mexico — As Ace Hardware continues to grow globally, Ace Hardware International Holdings, Ltd., a subsidiary of Ace Hardware Corporation, opened its first store in Monterrey, Mexico, on October 28, 2021, with plans to open 13 additional stores by the end of 2022. The store is the first under Ace’s new turnkey franchise model announced in 2020. Ace now operates in approximately 70 countries and has opened more than 900 stores globally in the past 5 years. The new Ace Hardware store occupies more than 14,000 square feet, with …

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franchise developmentNewsrestaurants

L.A.-based The Dolly Llama to Open First Locations in Nevada

by Katie Lee

Los Angeles — The Dolly Llama, the waffle and artisanal ice cream destination with three locations currently open in L.A. and three more in development, has signed a 4-unit franchise deal that includes the brand’s entry into Nevada. One Nevada unit is planned for Reno, and another in Lake Tahoe; The Dolly Llama also plans two units in Sacramento. The brand aims to open all four locations in early 2022, along with the existing units currently in development in Bethlehem, Pa., Jacksonville, Fla., and Dallas. “This year has been a …

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green newsNewsparking lotsretailers

Meijer and Dow Roll Out Paving Pilot Program Using Recycled Plastic Bags

by Katie Lee

Midland, Mich. — In collaboration with Meijer, Dow has enabled a new paving technique using recycled plastic bags to create a more durable parking lot for the retailer’s Holland, Mich., supercenter. This recycled polymer modified asphalt (RPMA) parking lot is a three-phase pilot project that used approximately 12,500 pounds of post-consumer recycled plastic (PCR), which is the equivalent weight of 944,000 plastic grocery bags. This project brings recycled plastic bags full circle, and also represents a long term collaboration between two Michigan companies working toward a more sustainable future. “Meijer …

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Newspeoplerestaurants

Krystal Adds VP, Real Estate & Construction

by Katie Lee

Atlanta — As part of its strategic plan to accelerate new restaurant openings and new consumer markets for Krystal Restaurants, the brand has named a dedicated vice president of real estate & construction. Dan James assumed the role on November 15, 2021 and has immediately taken charge of real estate acquisitions, lease negotiations, buildouts and other matters related to corporate and franchise physical restaurant space. “Making Krystal one of the most attractive franchise opportunities in the industry is key to our expansion strategy,” says CEO Thomas Stager. “Dan brings keen …

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