Denver — Slater’s 50/50, the nationally recognized burger concept known for inventing the 50/50 burger patty made with 50% ground bacon and 50% ground beef, celebrated the grand opening of its first Denver restaurant on July 24, 2020. The new location is opening in the RiNo Arts District’s The Hub, a mixed-use building featuring office, retail and restaurant tenants, located at 3600 Blake St. “After a 30+ year career in the investment industry, I decided to do something completely different — open a restaurant,” says Charles Murray, owner of Slater’s …
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Orlando, Fla. — General contractor Williams Company Southeast has completed Phases II and III of the 450,000squarefoot Vineland Pointe retail center in Orlando, Fla. The center’s final phases include a Cheesecake Factory and a new 65,000-square-foot “small-format” Target store that will open in August 2020. This multi-phased project spanned over 2 years of design and construction developed by New York-based O’Connor Capital Partners and its partner, LaSalle Investment Management. Williams Company is currently celebrating its 100th anniversary and is a 100% employee-owned company. The company’s operating units include Williams Company …
Minneapolis — Taco John’s, a popular quick-service restaurant brand based in Cheyenne, Wyo., has opened a new franchise support center in Minneapolis. This second corporate office is located at 1650 West End Blvd. Ste. #100 in St. Louis Park. With nearly half of the brand’s restaurants located within a 4-hour drive of Minneapolis, Taco John’s chose the city as its base to more easily connect with its franchisees in the upper Midwest while continuing to expand its nationwide footprint. “Bringing our franchise support center to The City of Lakes is …
Hudson, Wis. — Refrigerated Solutions Group (RSG), an industry leader in refrigerated equipment, has made several executive changes. Kevin Fink will be transitioning out of his CEO role effective July 31st, as part of a planned transition following the sale of RSG from Standex to Ten Oaks Group. RSG also has appointed Aaron Brown as president of RSG effective August 17th. Brown has a track record of building high-performing teams, growing businesses profitably, creating customer value and achieving operational excellence. He joins RSG from IPA, a Roper Technologies operating company …
Fremont, Calif. — Tailored Brands, the parent company of professional menswear retailers Men’s Wearhouse and Jos. A. Bank, has announced a corporate restructuring that entails closing up to 500 stores. The Fremont, Calif.-based firm says the “unprecedented and industry-wide” disruption caused by the COVID-19 outbreak was the catalyst behind the move. Tailored Brands has identified the 500 stores but did not disclose the retailers, locations or timing of those closures. Other brands in Tailored’s umbrella include K&G and Moores Clothing for Men. The company had 1,445 U.S. stores as of …
West Palm Beach, Fla. — Marco’s Pizza plans to expand in Palm Beach County, Fla. Amid the pandemic, Marco’s Pizza is outperforming other QSRs, recording historic sales milestones, while supporting communities nationwide. The brand plans to add 13 Palm Beach County locations by 2025 through strategic franchise partnerships. With an open real estate market, three thriving locations under operation and a favorable competitive landscape, Palm Beach County is an obvious and attractive area for growth. Recently, Hinesh Patel, franchisee of Marco’s Pizza in Boynton Beach, experienced several weeks of record …
New York City — In a move to streamline its North American operations and adapt to an evolving retail landscape that has been accelerated by the COVID-19 pandemic, PVH Corp. announced on July 14, 2020 that it will close all of its 162 Heritage Brands outlet stores and reduce its office workforce by approximately 450 positions, or 12%. PVH’s Heritage Brands include Van Heusen, Izod, Arrow, Warner’s, Olga and Geoffrey Beene. The Heritage Brands retail locations are expected to operate through mid-2021. The workforce reductions, which are spread across all …
Atlanta — In the last 3 months, Cinnaholic, a bakery that serves innovative plant-based cinnamon roll creations, has set single day sales records across its franchise system, introduced a series of new technology-based innovations, and inked deals to add more than a handful of new locations in key U.S. markets. “When the pandemic hit, we battened down the hatches and focused on two big priorities — making it as easy as possible for our new and longtime fans to enjoy Cinnaholic and supporting our franchisees with even more revenue-driving opportunities …
Atlanta — The Home Depot® will require shoppers to wear masks or facial coverings while inside all U.S. stores, beginning July 22. Small children or those who have a valid medical condition will not be required to wear a mask. Currently, about 85% of Home Depot stores already require facial masks in compliance with local and state regulations, and all Home Depot associates are required to wear masks in stores, distribution centers and other locations. “We appreciate all of our associates who have been working so hard to serve our customers with …
Atlanta — Tropical Smoothie Cafe, a leading national fast-casual cafe franchise known for both its better-for-you smoothies and food with a tropical twist, has seen strong growth year-to-date in 2020 including the signing of 103 new franchise agreements, including 49 signed since March 1 — of which, 67% are with existing franchisees. In addition, the company also opened 43 new restaurants in 2020 with 35 cafes opening since March 1. Franchise agreements and cafe openings targeted growth in 25 states, propelling franchise development efforts in target markets across the country. …