News

Henderson, N.C. — Big Lots! will be reopening 132 stores in May 2025. This expansion under the direction of new owners, Variety Wholesalers, builds on the positive customer response to the initial reopenings of Big Lots! stores in April 2025 and further solidifies the discount retailer’s return to the American marketplace. “We’re excited to bring an additional 132 Big Lots! locations back to life in May,” says Lisa Seigies, president and CEO of Variety Wholesalers. Big Lots! stores will reopen in May in two phases, on May 1 and May …

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Dallas — TGI Fridays has appointed Phil Broad as president of TGI Fridays International Franchising. Based in Dubai, Broad will oversee the brand’s international operations and franchise partnerships, with a focus on accelerating global growth and delivering exceptional guest experiences worldwide. Broad served as managing director of TGI Fridays UK from 1997 to 2000. In addition to his deep understanding of the brand, he has over 30 years of global leadership experience in the food and beverage, hospitality and retail sectors. “Phil’s return to the Fridays family comes at a …

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Toronto — Hudson’s Bay Company ULC will liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. At this time, the company believes that a viable bid for the current six-store model is unlikely, and therefore will begin liquidation sales in these stores on April 25. The remaining locations will join the 73 other Hudson’s Bay, 13 Saks OFF 5TH and two Saks Fifth Avenue locations already undergoing liquidation sales following the company’s filing under the Companies’ Creditors Arrangement Act (CCAA). Should a buyer bid be accepted, …

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San Diego — Jack in the Box Inc. has unveiled a series of actions to improve long term financial performance across its restaurant system, including the closure of 150-200 underperforming Jack in the Box restaurants and, with the help of BofA Securities, possible strategic alternatives for its Del Taco brand, including a potential divestiture of the business. “In my time thus far as CEO, I have worked quickly with our teams to conclude that Jack in the Box operates at its best, and maximizes shareholder return potential, within a simplified …

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North Plainfield, N.J. — Levin Management Corporation (LMC) has appointed Jeanette Oliver as chief financial officer (CFO). LMC is an established, vertically integrated commercial real estate services provider with a 125-property leasing and management portfolio. Prior to joining LMC, she was chief accounting officer at Silverstein Properties Inc. Oliver has more than 25 years of experience in the real estate and development industries. She brings a wealth of finance and accounting expertise to her new role. Prior to Silverstein, she previously served as accounting director at Forest City Ratner Companies. …

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Dallas — Salad and Go, a one-of-a-kind salad chain, has appointed Mike Tattersfield as its new CEO, effective immediately. Tattersfield, who is now a minority owner of the brand, brings over 30 years of retail and restaurant industry leadership experience to the expanding drive-thru-only salad concept. Most recently, he served as president and CEO of Krispy Kreme for nearly a decade. Other top roles included CEO of Caribou Coffee Company and Einstein Noah Restaurant Group, president at YUM! Brands and COO at Lululemon. “Salad and Go has built something special …

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Minneapolis — Restaurant Technologies recycled over 363 million pounds of used cooking oil in 2024, exceeding its own record of 314 million pounds set in 2023 by over 15%.  Restaurant Technologies partners with renewable energy partners, such as Chevron Renewable Energy Group and Phillips 66, to convert used cooking oil (UCO) into renewable diesel or biodiesel for vehicles to use on the road. At Sheetz, a regional convenience store located in seven states, Restaurant Technologies and Sheetz have created a closed loop economy where fresh oil is delivered, used, then …

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Ontario, Calif. — Heritage Grocers Group, the largest Hispanic and ethnic food retailer in the country, has appointed Frank Ingraffia to the role of chief transformation officer (CTO). Ingraffia, CEO of Tony’s Fresh Market chain, takes on the Heritage CTO role in addition to his current duties and will work amongst the company’s offices in Chicago; Ontario, Calif.; and Dallas. He will report directly to Heritage Grocers Group’s chairman and CEO, Suzy Monford. As chief transformation officer, Ingraffia will lead Heritage’s transformation office which was created last December as the …

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Seattle — As of the end of 2024, Starbucks had verified more than 9,000 stores for meeting robust standards, as verified by an outside auditor, across eight environmental impact areas such as energy efficiency, water stewardship and waste diversion. These measures — taking steps toward a more sustainable build, design and operations — are planned to be implemented across 10,000 stores in 2025. Of the 9,000 stores, Starbucks is celebrating five stores for excelling in innovation, environmental impact, community connection, inspiration, and customer and partner experience. These stores reflect Starbucks …

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Jacksonville, Fla. — On April 17, Walmart opened a new 1 million-square-foot distribution center in Jacksonville, Fla. The facility receives and processes items for delivery to 18 Sam’s Club locations across Florida, Georgia and South Carolina as well as seven clubs in Puerto Rico. Located just 10 minutes from the Port of Jacksonville, the facility also stores and sorts imported goods for delivery to four distribution centers across the Southeast. “We’re proud to create a new slate of jobs in our community,” says Frank Herrera, general manager of the new …

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