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franchise developmentNewsrestaurants

HTeaO Strengthens Executive Team With New CFO

by Katie Lee

Fort Worth, Texas — HTeaO, a leading iced tea franchise, has hired Corey Horsch as chief financial officer. He bring extensive experience in scaling high-growth brands and is well-positioned to support HTeaO’s future growth trajectory. “As HTeaO continues to grow across the country, we’re focused on building a world-class leadership team that will help us scale with excellence,” says Justin Howe, CEO and co-founder of HTeaO. “Corey’s financial background across some of the most recognized names in the industry will play a key role in strengthening our infrastructure, supporting our …

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construction and designNewsretailers

Market of Choice Opens 12th Oregon Store

by Katie Lee

Eugene, Ore. — Market of Choice, Oregon’s largest independent, family-owned grocer, has opened its 12th store statewide. Located in south Hillsboro, Ore., the 35,000 square-foot store is the cornerstone of the new Reed’s Crossing Town Center development. “We are honored to bring Market of Choice to this vibrant community and provide a space for people to shop and connect,” says Rick Wright, CEO of Market of Choice. “Our neighbors will discover a bounty of natural and organic choices, featuring more than 5,000 locally crafted and raised foods, alongside everyday favorite …

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construction and designfranchise developmentNewsrestaurants

Gong Cha Names Vice President of U.S. Non-Traditional Franchise Development

by Katie Lee

Boston — Gong cha, a premier bubble tea brand with more than 240 locations across 21 states, Washington, D.C., and Puerto Rico, and nearly 2,200 stores across the globe, has appointed Michael Nedelkovich Jr. as vice president of U.S. non-traditional franchise development. A franchise executive with over 15 years in the industry, Nedelkovich’s expertise spans franchising, site selection and strategic partnerships — expanding F&B concepts into non-traditional venues, with a consistent focus on scalable growth and long term value creation. In his new role, Nedelkovich will lead Gong cha’s non-traditional …

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Newsretailers

Rally House Opens First Location in Virginia

by Katie Lee

Blacksburg, Va. — Rally House, the nation’s fastest-growing sports merchandise and apparel retailer, has opened Rally House Blacksburg, its inaugural location in Virginia. Located on Main Street just steps from the Virginia Tech campus, this expansive store is set to become the premier destination for Hokies fans and local sports enthusiasts alike. Occupying the historic former Tech Bookstore building, Rally House Blacksburg offers an unparalleled selection of officially licensed Virginia Tech Hokies gear, including apparel, home décor, drinkware, flags and footballs. The store also features merchandise from regional professional teams …

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franchise developmentNewspeoplerestaurants

Smoothie King Appoints New President

by Katie Lee

Dallas — Smoothie King has named Gavin Felder as its new president. The expansion of Felder’s responsibilities reflects the company’s continued growth and momentum, as well as his pivotal role in helping shape its long term strategy. In addition to taking on the president role, Felder will maintain his current responsibilities as chief financial officer. As president and CFO, Felder will take on a larger role in the day-to-day management of the business while continuing to lead the company’s financial strategy, ensuring Smoothie King is well-positioned for its next chapter …

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Newspeopleretailers

Nordstrom Completes Acquisition by Nordstrom Family and Liverpool

by Katie Lee

Seattle — Nordstrom, Inc. has announced that Erik, Pete and Jamie Nordstrom, as well as other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V., have completed their all-cash acquisition of Nordstrom for $24.25 per share. Shareholders of the company will also be paid cash dividends of $0.25 per share and $0.1462 per share, reflecting the special cash dividend and a “stub period” quarterly dividend. With the completion of the transaction, Erik and Pete Nordstrom will lead the company as co-CEOs. Nordstrom common stock ceased trading …

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franchise developmentNewspeoplerestaurantssoftware/technology

Taco John’s Bolsters Leadership Team

by Katie Lee

Cheyenne, Wyo. — Taco John’s®, a leading Mexican quick-service restaurant, enhances its leadership team with an internal promotion and new hires. Taco John’s welcomes Tom Perella as vice president of technology and Damian Hanft as vice president of human resources and promotes Kristin Nuss to general counsel and corporate secretary.   Nuss was promoted to general counsel and corporate secretary in January 2025. She joined Taco John’s in May 2021 as associate general counsel and director of franchise compliance and contracts. With over 25 years of experience in the legal field, …

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Newsretailers

U-Haul Commemorates 80th Anniversary

by Katie Lee

Phoenix — U-Haul®, the iconic do-it-yourself moving and self-storage leader, is celebrating 80 years of empowering American families with residential mobility. Today, there are more than 24,000 rental locations across all 50 U.S. states and 10 Canadian provinces. “Moving can be a stressful life event, and for 80 years our job has been to make people’s lives easier through accessibility, affordability and support,” says Navy veteran and U-Haul Co. of Manhattan/Bronx president Jeff Sonberg. “We welcome the chance to care for every customer who needs U-Haul services.” U-Haul was founded …

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construction and designfranchise developmentNewsrestaurants

Pokeworks Sells Out Houston and Signs 10-Unit Agreement in San Antonio

by Katie Lee

Irvine, Calif. — Pokeworks, a fast-growing fast-casual poke brand has finalized a 10-unit deal in San Antonio and is selling out its available Houston territories. With a goal to open 10 stores in two years, Agustin Guzman will be developing the greater San Antonio market as well as the Rio Grande Valley. Guzman, a former Olympic swimmer and seasoned entrepreneur with over 20 years of experience across various industries, currently operates Pokeworks’ McAllen, Texas, location and is in the process of opening his second location in Mission, Texas. “I’ve experienced …

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managementNewspeopleproperty managementretailers

BH Properties Names Managing Director, Retail Properties

by Katie Lee

Seattle — BH Properties, a vertically integrated, value-add real estate investment firm, has hired Janel Jensen as managing director, retail properties. With deep experience in the Pacific Northwest, Jensen will be based out of BH Properties’ Seattle office and will lead the strategic leasing, merchandising and positioning efforts for the company’s growing portfolio of retail and mixed-use assets across the Pacific Northwest and West Coast. Jensen brings more than a decade of experience shaping vibrant retail environments in both urban cores and suburban mixed-use developments and will play a key …

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