Atlanta — Tropical Smoothie Café, LLC is opening its 700th location in the system, which will open on August 24, 2018 in Hurst, Texas. This milestone showcases Tropical Smoothie Cafe’s rapid growth since launching in Destin, Fla., more than 20 years ago and gets the company closer to reaching its goal of opening 120 new cafes in 2018.
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New York City — Safari Energy, a leading commercial and industrial solar developer, has inaugurated its solar rooftop system at Francis Scott Key Mall in Frederick, Md. The 2,056 kilowatt capacity project, which is now operational, is currently providing clean energy to power the Class A shopping destination, owned by PREIT, a leading real estate investment trust.
Dublin, Ohio — The Wendy’s Company has accepted an offer from Inspire Brands (owner of Arby’s®, Buffalo Wild Wings® and R Taco®) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. The agreement was approved by The Wendy’s Company board of directors.
Quincy, Mass. — J.Jill, Inc. has appointed two new executives to the company’s senior leadership team. Brian Beitler will join the company as executive vice president, chief marketing and brand development officer, and Shelley Liebsch as senior vice president, chief merchandising officer. Both were appointed by J.Jill’s new CEO, Linda Heasley, and will begin their new roles in September.
Longwood, Fla. — Sean Jennings has been elected president of Waste Pro USA by the company’s board of directors. Waste Pro is the third largest privately owned waste company in the United States. Sean Jennings is the son of Waste Pro’s founder, CEO and chairman, John Jennings.
Minneapolis — Target Corporation has hired John Bauer to join the company as senior vice president, global inventory management, effective August 20. In this role, Bauer will lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation. He will report to Target’s executive vice president and chief supply chain officer, Arthur Valdez Jr.
Chicago — McDonald’s and its franchisees plan to invest approximately $186 million to modernize 240 restaurants located across Florida. The initiative is part of the fast food giant’s aim to invest $6 billion to modernize most of its U.S. restaurants by 2020.
Camp Hill, Pa., and Boise, Idaho — Rite Aid Corp. has called off its previously announced merger with Boise, Idaho-based grocery chain Albertsons Cos. The integrated company would have operated about 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C.