Union, N.J. — Bed Bath & Beyond Inc. has named Patty Wu as senior vice president and general manager for buybuy BABY, effective January 18. Wu will report to John Hartmann, executive vice president and chief operating officer at Bed Bath & Beyond Inc. and president of buybuy BABY. Wu will be responsible for growing buybuy BABY and its customer base by executing a six-point strategy and capital investment plan that was outlined during the company’s recent Investor Day. The strategy will include extending the product range to include items for young …
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Los Angeles — Ruby Red’s BBQ, a new Texas-style barbeque restaurant, will be coming to Los Angeles in April 2021. The restaurant is owned by Steve Williamson of Ruby Red’s, Majestic Retail Group and Williamson General Contracting; Oculus Inc., a full-service architecture and interior design firm based in St. Louis, is designing the fast-casual restaurant that has a high-end feel. “We were thrilled when Steve chose Oculus to design his first restaurant,” says Brian Kern, AIA, LEED AP BD+C, NCARB, principal and retail director at Oculus Inc. “We have a …
New York City — MARQUE Luxury, the wholesale industry’s leading authority in authentic pre-owned designer goods, has opened its New York City showroom located at 261 5th Ave. in Manhattan. MARQUE’s New York City showroom is the first in the Northeast and third East Coast location. The opening will also add a new business development manager/account manager to MARQUE’s corporate team, continuing the company’s aggressive expansion plans in the United States ahead of the New Year and adding talented, experienced, industry veterans to its roster. Throughout the U.S. and online, …
Lake Forest, Calif. — Del Taco is debuting its highly-anticipated new store prototype: a sleek, bold, contemporary model, “Fresh Flex,” that reconceptualizes the restaurant inside and out. Striking exteriors and distinctive interiors evoke the brand’s contemporized feel. At the same time, the new design expands real estate opportunities to help lower net investment costs, provides ultimate convenience for guests and optimizes operational efficiencies. “Continuing to adapt and evolve is the lynchpin for Del Taco to remain ahead of the curve in the restaurant industry,” says John Cappasola, CEO of Del …
Northbrook, Ill. — Crate and Barrel is enhancing its curbside pickup with Glympse, a day-of-service mobile communications platform that facilitates and delivers proactive engagement between customers and store associates. The service is one of many enhancements in the retailer’s drive to meet customers where and how they want to shop by providing modern, digitally-forward shopping experiences that are personalized and flexible. Already, Glympse has afforded shorter wait times, streamlined operations and positive reactions from customers. Glympse delivers a modern customer experience by significantly reducing calls to the store and minimizing …
Indianapolis — Simon Property Group, Inc. has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) for approximately $3.4 billion. Under the terms of the transaction, Simon, through its operating partnership, Simon Property Group, L.P., acquired all of Taubman Centers, Inc. (TCO) common stock for $43.00 per share in cash, and the Taubman family sold approximately one-third of its ownership interest at the transaction price and remains a 20% partner in TRG. “We are very pleased to complete this transaction and to add …
St. Louis — Planet Fitness has partnered with Poettker Construction on three health fitness clubs located throughout the greater St. Louis area in 2020. Poettker served as the construction manager for the Festus, Washington and Ballwin, Mo., locations, which opened to members in time for the new year. The Festus and Washington locations each feature a new two-story ground-up prototype with a gross floor area of 30,000 square feet, allowing ample space for hundreds of machines and free weights. Construction for the Ballwin location, which opened in late November 2020, …
Fayetteville, Ark. — Slim Chickens is closing out 2020 with a bang: the brand has inked multi-unit franchise agreements for 150 units this year. In what was a precarious 12 months for the restaurant sector, Slim Chickens signed multi-unit agreements that will bring the brand into new markets across the country. Some of the more notable deals include agreements for 12 units in Georgia, 23 units in Tampa, 10 units in New Mexico and 22 units in North Carolina. “This year has been a whirlwind. We kicked things off in …
Livonia, Mich. — Closing its record-breaking growth year on a positive note, Pet Supplies Plus will acquire an estimated 40 previously operated Pet Valu locations throughout Indiana, Kentucky, Maryland, New Jersey, Ohio, Pennsylvania and Virginia with some locations to reopen as Pet Supplies Plus as early as January 2021. News of the conversions comes after Pet Valu announced in November 2020 it was shutting down all U.S. operations, including its 358 stores. By transforming and rebranding some of these store locations to Pet Supplies Plus, many jobs will be saved …
Denver — Punch Bowl Social has filed for voluntary Chapter 11 bankruptcy through the U.S. Bankruptcy Court for the District of Delaware. The Denver-based “eatertainment” concept has closed all but three of its locations due to the COVID-19 pandemic. The venues in Austin, Texas; Arlington, Virginia; and Atlanta remain open. In summer 2019, Cracker Barrel invested $140 million in Punch Bowl Social. According to multiple media reports, the restaurant chain chose during the pandemic to not invest any further in Punch Bowl Social, instead focusing on its own business. …