Philadelphia — Five Below, Inc., an extreme-value retailer for tweens, teens and beyond, has reopened 75% of its 900+ store fleet. In addition to reopening over 700 stores since April 21, Five Below has opened 40 brand new stores so far in 2020 and continues to expect to open 100 to 120 new stores this year. “We are thrilled to be in a position to have reopened over 75% of our stores with strict health and safety protocols implemented, and to have resumed our new store program,” says Joel Anderson, …
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Glendale, Calif. — The board of directors of Dine Brands Global, Inc. has retained executive search firm Spencer Stuart to assist the company in identifying an individual to succeed its chief executive officer, Steve Joyce. Joyce’s employment agreement expires February 1, 2021. “I am proud of the growth that we have experienced during my tenure as chief executive officer,” says Joyce. “Since 2017, we have established and executed on strategic plans, strengthened the franchisee base, completed a $1.3 billion securitization transaction and returned significant capital to stockholders. With the occurrence …
Plano, Texas — J. C. Penney recently reopened 150 stores in 27 states, bringing the total to 304 reopened stores nationwide after temporarily closing due to the coronavirus (COVID-19) pandemic. Additionally, five stores are currently offering contact-free curbside pickup only. The company plans to have almost 500 reopened by June 3. “We’ve now reopened a third of our stores and plan to have nearly 500 reopened by June 3. To do this, we’re operating differently and taking a strategic and consistent approach, keeping associate and customer safety as our top …
Baltimore — Under Armour has laid out details for the phased reopening of its owned stores in North America. The company reopened its first U.S. stores to customers on May 15th and opened additional stores the week of May 18th. By May 29, Under Armour plans to welcome customers back to nearly 50% of its North America stores. In regular consultation with government and public health officials, the company will continue to reopen additional stores on a case-by-case basis. “We are excited to begin reopening our doors in North America. …
Cleveland, Ohio — Repair and maintenance contractors who service commercial buildings often perform all or part of their work on the roof, which presents several dangers if the roof has not been properly outfitted to prevent falls and protect the safety of workers. Legacy Roofing Services, one of the largest commercial roofing service providers in the United States, will begin offering fall prevention and safety protection as a standalone service to commercial building owners and facility managers to ensure the safety of HVAC, plumbing, electrical, maintenance, construction and other workers …
Dallas — Tuesday Morning Corp. has filed for Chapter 11 bankruptcy protection. The Dallas-based retailer says the actions are in response to “the immense strain the COVID-19 pandemic and related store closures have put on the business.” Tuesday Morning is a discount home furnishings chain. The company opened its first store in 1974 and currently operates 687 stores in 39 states. The retailer expects to permanently close approximately 230 stores to focus on high-performing locations. The phased store closures will take place this summer. After closing all stores and furloughing …
Irvine, Calif. — Wienerschnitzel, the world’s largest hot dog franchise, has signed a new area development agreement with Lake Charles, La.-based Henderson Family Restaurants, LLC to build 20 new Wienerschnitzel restaurants throughout the state of Louisiana over the next 13 years. Since 1961, Wienerschnitzel has become the nation’s largest hot dog quick-service chain, and with the integration of the iconic Tastee Freeze ice cream, the California-based franchise system has seen 8 years of consecutive same store sales growth. Wienerschnitzel is actively expanding outside its historic footprint and is targeting new …
Alpharetta, Ga. — Agilysys, Inc., a leading global provider of next-generation hospitality software solutions and services, will promote Dave Wood, its current vice president – corporate strategy and investor relations, to chief financial officer on June 1, 2020. The appointment follows the resignation of CFO Tony Pritchett, who will remain with the company until June 30 to assist with the transition. “On behalf of the board of directors and management team, I would like to express our appreciation to Tony for his leadership, financial expertise and financial management during his …
Villa Rica, Ga. — Harrison Contracting Company, LLC celebrates 25 years in business and launches an updated company website dedicated to sharing the company’s heart, expertise and philosophy. In February 1995, Deryl Harrison started Harrison Contracting Company with a very simple idea: doing what he said he would do! That principle has been the cornerstone of everything Harrison Contracting Company (HCC) stands for. In fact, it’s the basis of its “Measures of Success” reputation, customer loyalty, employee satisfaction, teamwork, achieving goals, quality growth and profitability. “Reputation is at the top …
Savannah, Ga. — Stoner’s Pizza Joint, a quick-service pizza franchise, will expand with three new units from existing franchisee John Stetson in the Georgia market. The first new location, which was slated to open on May 20, is located in Warner Robins, Ga. The next two will open in the Savannah, Ga., market before mid-July. “Since opening my first Stoner’s in Fort Lauderdale, I have been impressed with the consumer’s response to the product and branding,” says Stetson. “The brand appeals to a wide audience of customers who enjoy fresh, …