Wallingford, Conn. — According to Founder and CEO Tariq Farid, Edible International plans to open a second headquarters in Atlanta and has named Christian Nahas as president of Edible Brands.
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Vaughan, Ontario — Franchise Management Inc. (FMI) has acquired Saskatchewan-based El-Rancho Food Services Limited. The sale includes all of El-Rancho’s 21 KFC assets throughout Saskatchewan and Manitoba and brings FMI’s total Canadian KFC restaurants to 85. FMI also operates KFC restaurants in Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island, Quebec and Ontario.
Davenport, Iowa — Fashion destination Dry Goods plans to open 12 additional national locations in 2018. The openings are part of the boutique retailer’s nationwide growth plans to showcase the latest fashion trends to young shoppers across the country. Dry Goods USA is a subsidiary of Von Maur Department Store. The new stores will open at the following locations:
Pompano Beach, Fla. — JAE Restaurant Group, one of the largest multi-unit franchisees of Wendy’s, has acquired 34 Wendy’s restaurants throughout Knoxville, Tenn., making JAE Restaurant Group a major employer in Knoxville with a total of 1,150 employees.
New York City and Calgary, Alberta — Saks Fifth Avenue has opened its newest store and third Canadian location, Saks Calgary. The 115,000-square-foot, two-level retail destination is located at the CF Chinook Centre, Calgary. An in-store dining experience and salon are slated to open soon in 2018.
Atlanta — Premium sports footwear and apparel retailer The Finish Line, Inc. has successfully implemented the TXT Retail Merchandise Planning Solution from TXT Retail, an Aptos Company. With this rollout, the retailer gains world-class merchandise financial planning across its 950 locations in the U.S. and its digital channels.
Warren, Mich. — Kim Yost, president and CEO of Art Van Furniture, plans to retire after 9 years with the company. In order to ensure a seamless leadership transition, Yost will maintain his current role until a successor has been appointed. Art Van has commenced a process to identify and evaluate candidates for the position.