Dulles, Va. — Nordstrom plans to close its Dulles Town Center full-line store in Dulles, Va., a suburb of Washington, D.C. Originally opened in September 2002, the store will serve customers through September 8, 2017.
News
Dallas — In a new franchise development deal that includes parts of New York and New Jersey, Pie Five Pizza will soon be expanding to the East Coast. The first locations are planned for Franklin Park in South Brunswick and Summerhill Square in East Brunswick.
Franklin, Tenn. — CKE Restaurants Holdings, Inc. (CKE), parent company of Carl’s Jr.® and Hardee’s®, has made two strategic appointments and a promotion to the executive leadership team in its effort to accelerate business and redefine the QSR category. Jeff Jenkins joins as chief marketing officer, Tom Brennan joins as chief operating officer, and Chip Seigel has been promoted to chief legal officer.
Framingham, Mass., and New York City — On June 29, 2017, Staples, Inc. and Sycamore Partners, a leading private equity firm, entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire Staples for approximately $6.9 billion.
Westlake, Ohio — The fun family casual-dining franchise Quaker Steak & Lube has hired industry veteran Bruce Lane as vice president of franchise services. TA Restaurant Group, which acquired Quaker Steak & Lube in 2016, appointed Lane as part of its aggressive strategy to reinvigorate the 43-year-old brand and grow Quaker Steak & Lube into a nationally recognized concept through franchising.
Atlanta — Three-time GRAMMY award-winning artist Zac Brown, of Zac Brown Band, has teamed up with the Atlanta Hawks to open the next restaurant under the Southern Ground family of brands, Zac Brown’s Social Club, in the heart of Atlanta, Philips Arena.
Columbus, Ohio — DSW Inc., a leading branded footwear and accessories retailer, is opening its first warehouse in the Middle Eastern country of Oman. Located at the Muscat Grand Mall, the new store marks the first expansion of DSW Designer Shoe Warehouse outside North America.