News

Honolulu — Batteries Plus, the nation’s leading specialty battery retailer, is making its debut in Hawaii with a multi-unit franchise agreement. Local entrepreneur Pierre Parranto has signed on to open four stores across Hawaii’s four largest islands, starting with a location in Honolulu on Oahu. “As a business owner, I was a customer in need and I was actively searching for a dependable battery supplier when I came across Batteries Plus,” says Parranto. “The franchise model immediately stood out; it offers a strong support system and fills a critical need …

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Grants Pass, Ore. — A little over a month after unveiling its 1,000th retail location, drive-thru coffee chain Dutch Bros Inc. is expanding its operations with goals to reach 2,029 shops by 2029. Originating in 1992 as a pushcart by the railroad tracks in downtown Grants Pass, Dutch Bros opened its first franchise in 2000. Dutch Bros Coffee now has a significant presence in the Pacific Northwest and is expanding with more locations across the United States, moving eastward to Florida, Texas, Oklahoma and Georgia. Looking further out, Dutch Bros …

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Saginaw, Mich. — Duro-Last®, a member of Holcim Solutions and Products US LLC, has named several key leadership promotions and organizational enhancements aimed at fostering innovation, optimizing operations, supporting long term growth and creating more opportunity for their valued contractor partners. “Our contractors are at the heart of everything we do, and these leadership updates further enhance our ability to support their success,” says Darren Schulz, president of Duro-Last. “By evolving our structure and investing in strong leadership, we’re ensuring we remain at the forefront of the industry — offering …

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  Northbrook, Ill. — Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer, following the U.S. operating company F21 OpCo’s recent bankruptcy filing. The liquidation sales are happening both in-store and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360. All inventory is significantly discounted, offering savings of up to 60% off the lowest marked prices. Gift cards are accepted through April 15, 2025. Store fixtures and equipment are also available for purchase. “Stores are fully stocked, and fresh inventory …

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San Diego — Jack in the Box Inc. and its board of directors has named Lance Tucker as the permanent chief executive officer for Jack in the Box, where he will also serve on the company’s board of directors. Tucker had served as interim CEO since February 2025 after being hired as chief financial officer for the company in November 2024, which followed a previous tenure as CFO of Jack in the Box from March 2018 to September 2020. “Lance brings decades of experience within the restaurant industry as well …

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St. Petersburg, Fla. — Foot Locker, Inc., a leading footwear and apparel retailer (previously) based in New York City, has signed a 110,998-square-foot, long term office lease to relocate its global headquarters to 570 Carillon Parkway, a premier Class A office property in St. Petersburg, Fla. The building is owned by The Feil Organization, a premier national real estate investment firm. “We’re thrilled to learn that Foot Locker has secured its move to St. Petersburg with a major presence in the Carillon area,” says Kenneth T. Welch, the mayor of …

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Louisville, Ky. — The chief executive officer of Yum! Brands, Inc., David Gibbs, has informed the board of directors of his intention to retire from the company in the next year. He has been with Yum! for 36 years and its CEO since January 2020. The board has established a succession planning committee and will work deliberately to identify and appoint the best candidate to lead the company’s next chapter. Gibbs will continue leading the company throughout the search process until his retirement, expected in the first quarter of 2026. …

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Katy, Texas — Academy Sports + Outdoors has surpassed 300 stores after opening its first locations in York, Pa., Harrisburg, Pa., and Hagerstown, Md. These stores also mark Academy’s first locations in Pennsylvania and Maryland, increasing the retailer’s footprint to 21 states. In addition, Academy opened a new store in Kansas City, Mo., in March, and will open another new location in Charlotte, N.C., in April. The company plans to open a total of 20-25 new stores in its 2025 fiscal year. “Academy’s continued new store expansion reinforces our commitment …

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Dallas — Joe Hummel, chief executive officer, and Clay Mingus, chief legal officer, both intend to resign from Twin Hospitality Group Inc., the parent company of Twin Peaks Restaurant. The date of their departures will be effective April 10, 2025. Ken Kuick, chief financial officer, has been appointed interim CEO, and Allen Sussman, general counsel of FAT Brands Inc., has been appointed interim chief legal officer. “We would like to thank Joe and Clay for all that they have done for Twin Peaks over the last 14 years,” says Kuick. …

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Grand Rapids, Mich. — Meijer plans to open a new neighborhood market, called Independence Market, in the Independence Township of Clarkston, Mich., on April 30. The new 50,000-square-foot market will serve customers from Clarkston and all of Independence Township, including the new Waldon Village development. “Independence Market is committed to serving our new neighbors with value and convenience that makes it easy to get in and out quickly,” says Robert Lajcaj, store director of Independence Market. “Our team has been working hard to get the store ready to open with …

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