Minneapolis — As part of several initiatives in its accelerated multiyear strategy, Target Corporation will nearly triple the size of its remodel program in 2018, updating more than 300 stores around the country and making sizeable investments in key cities like Chicago, Los Angeles, Minneapolis-St. Paul and New York.
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Pearl River, N.Y. — Alexandria Perotti has been promoted to director of operations at Holt Construction Corp. She began her new position on March 5, 2018 and will be instrumental in the overall performance and ultimate success of improving operational systems, including supporting better management reporting, information flow, business practices and organizational planning.
Estero, Fla. — Hertz Global Holdings, Inc., has hired Paul Stone as executive vice president and chief retail operations officer (CROO), North America. Stone, who will join Hertz on March 6, brings more than 30 years of operational expertise from his leadership roles with retail giants Sam’s Club/ Walmart and Cabela’s.
Las Vegas — DC Building Group, a Las Vegas-based general contractor, has recently completed a new Taco Bell on E. Charleston Boulevard in Las Vegas, marking the first Taco Bell in downtown Las Vegas. The project was designed by Architect Gary Guy Wilson.
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.