Alexandria, Va. — Fransmart, the leading global franchise developer behind the explosive growth of The Halal Guys and Five Guys Burgers & Fries, has brought on industry veteran Michael D’Arezzo. As part of the Fransmart team, D’Arezzo will assist Fransmart’s founder and president, Dan Rowe, in developing and growing the company’s existing portfolio of emerging restaurant brands.
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Cincinnati — Macy’s, Inc. has appointed Paula A. Price as chief financial officer, effective July 9, 2018. She will succeed Karen Hoguet, who plans to retire at the end of the 2018 fiscal year. Hoguet will remain with Macy’s in an advisory role until February 2, 2019.
Louisville, Ky. — Long John Silver’s, the nation’s largest quick-service seafood company, has acquired 76 LJS restaurants owned by ServUS, located primarily in Indiana. ServUS is owned by veteran franchisee Bob Ruckriegel who opened the third Long John Silver’s restaurant in 1969. Financial terms were not released.
Indianapolis — Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, will open seven UNTUCKit stores throughout its portfolio at key locations in the U.S. in 2018. UNTUCKit is a fast-growing e-commerce brand seeking to grow it business via a physical store presence.
Secaucus, N.J. — Brenda Galgano, executive vice president and chief financial officer of Vitamin Shoppe, Inc., will resign from her position on June 5, 2018 to take a position at another company. Since joining the company in 2011, Galgano has undertaken and completed many significant projects that have positioned the company for future growth while also spearheading the firm’s Operational Excellence initiative.