News

Hollywood, Calif. — Wahlburgers, the better burger restaurant brand founded by Chef Paul Wahlberg and celebrity brothers Mark and Donnie, will expand to Asia in 2017 through a joint venture with Cachet Hospitality Group (CHG). The first three restaurants are slated to open in Hangzhou, Wuhan and Shanghai, China. The objective is to open 100 restaurants in China and the surrounding region over the next 5 years.

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Mooresville, N.C. — Marshall A. Croom, a 20-year Lowe’s veteran, has been promoted to chief financial officer, effective March 3, 2017. Croom succeeds Robert F. (Bob) Hull Jr., who plans to retire after 17 years with Lowe’s Companies, Inc. Croom will report to Robert A. Niblock, Lowe’s chairman, president and CEO. Hull will remain at Lowe’s through March to ensure a smooth transition period.

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Glendale, Calif. — DineEquity, Inc., one of the world’s largest full-service restaurant companies, has signed four new multi-unit development agreements in the Middle East, Asia Pacific and Latin America. These agreements will play an important role in the company’s plan to double international locations over the next 5 years.

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Knoxville, Tenn. — Pilot Flying J, the largest operator of travel centers in North America, expanded its number of Pilot and Flying J stores in 2016 by adding 58 additional locations to its network. Through PFJ Southeast LLC, a joint venture with Speedway LLC, Pilot Flying J completed the conversion of 41 former Speedway/Wilco locations throughout the Southeastern United States.

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Minneapolis — AmeriPride Services, a leading textile rental services and supply company in North America, has appointed Andrew Steiner to senior vice president of Canadian operations, effective January 1, 2017. Steiner has been with AmeriPride since 2001, most recently as vice president of marketing and customer operations.

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