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Fuzzy’s Taco Shop Names New President, COO

by Katie Lee

Dallas — Fuzzy’s Taco Shop® has made two leadership appointments. Patrick Kirk, previously chief marketing officer, has been named president, in addition to his marketing role. Marshall Claycamp, previously executive director of operations services for IHOP, has been named chief operations officer for Fuzzy’s Taco Shop. In these new and expanded roles, Kirk will continue to define the Fuzzy’s Taco Shop experience, guide the brand’s future growth and manage all organizational aspects. Claycamp will lead all operations and franchise restaurant operations for the brand. “Patrick is no stranger to the …

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construction and designNewsretailers

REI Co-op To Open 6 New Stores in 2025

by Katie Lee

Seattle — Specialty outdoor retailer REI Co-op has announced its lineup of 2025 store openings, with a sneak peek into 2026. Stores will open in six communities next spring and summer, including the California cities of Carlsbad, Chico and Elk Grove as well as in Amherst, N.Y; Durango, Colo.; and Lynnwood, Wash. REI also intends to open in Prosper, Texas, in 2026, which will join a previously announced St. George, Utah, store. Additional stores for 2026 will be announced as leases are finalized. “Cities that will have new stores represent …

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lightingNewspeopleretailers

Lamps Plus Names New Chief Digital Officer

by Katie Lee

Los Angeles — Lamps Plus, a leading home specialty lighting retailer, has hired Richard Hoalst as chief digital officer in a newly created role. Reporting to CEO Jason Goldberger, Hoalst will lead the transformation of the company’s digital commerce efforts across website, marketing, creative and marketplaces. He joins the company from Guitar Center. Hoalst joins the company with nearly 30 years of diverse leadership experience overseeing e-commerce, marketing and merchandising teams across iconic brands in a variety of industries. Most recently, he served as executive vice president – chief customer …

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franchise developmentNewspeoplerestaurants

The Coffee Bean & Tea Leaf® Appoints Industry Veteran as Franchise Sales Manager

by Katie Lee

Los Angeles — The Coffee Bean & Tea Leaf, the leading global specialty coffee and tea house, has appointed seasoned industry executive Cory Davenport as its new franchise sales manager. Davenport will be responsible for driving brand awareness and spearheading the company’s franchise expansion efforts across North America. He joins the company from Panera. Working alongside Michelle Reap, senior manager of franchise development, Davenport will focus on strategically communicating the brand’s value proposition to potential franchisees, highlighting its attractive and scalable business model. He will also manage franchise candidate recruitment …

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Newsretailers

Rural King Opens its First Store in the State of Georgia

by Katie Lee

Mattoon, Ill. — In mid-October, Rural King, a family-owned retailer dedicated to the rural lifestyle, opened its newest store in Bainbridge, Ga. — marking its first in the Peach State. With a legacy spanning over six decades, Rural King has established itself as a cornerstone of the communities it serves. The new Bainbridge store location, located at 1615 E. Shotwell St., uses innovative features designed to enhance the shopping experience, including mobile and self-checkouts, while maintaining the personal touch that defines Rural King’s customer service. “Rural King is excited to …

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franchise developmentNewsrestaurants

Smoothie King Sees Highest Single-Quarter Growth in 6 Years

by Katie Lee

Dallas — During the third quarter, Smoothie King has reported 38 new store commitments and 28 new store openings across 16 states, marking the highest number of store openings in a single quarter in 6 years and the second highest in its history. Key milestones this quarter included expansions into two new states (New Hampshire and Delaware); the grand opening of a new Austin, Texas, location (the first in the area in 3 years); a flagship store opening at Dallas-Fort Worth International Airport; and the opening of two new stores …

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True Value Files for Bankruptcy, Enters Into $153 Million Sales Agreement

by Katie Lee

Chicago — Hardware retailer True Value Co. LLC has initiated voluntary Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. The Chicago-based retailer has also entered into an agreement to sell substantially all of its business operations to Do it Best Corp., another entity within the home improvement retail sector and former rival. According to Reuters, Do it Best will serve as the stalking horse bidder for True Value with an acquisition price set at $153 million in cash and the assumption of $45 million …

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Darden Restaurants Completes Acquisition of Chuy’s Holdings, Inc.

by Katie Lee

Orlando, Fla. — Darden Restaurants, Inc. has completed the acquisition of Chuy’s Holdings, Inc. in an all-cash transaction with an enterprise value of approximately $605 million. The transaction was approved by a majority of Chuy’s Holdings stockholders on Oct. 10, 2024. This follows the merger agreement that was announced on July 17, 2024. With the acquisition now complete, Chuy’s joins Darden’s portfolio of differentiated brands which also includes Olive Garden, LongHorn Steakhouse, Yard House, Ruth’s Chris Steak House, Cheddar’s Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V’s and Bahama …

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franchise developmentNewsretailers

Batteries Plus Signs 16 New Franchise Locations in Third Quarter

by Katie Lee

Hartland, Wis. — Batteries Plus, the nation’s leading specialty battery franchise, continues its growth trajectory with significant progress in the third quarter. The company signed five new franchise owners, securing the development of 16 new locations in Georgia, Massachusetts, Michigan, Ohio and Texas. In addition to new franchise agreements, Batteries Plus opened five new storefronts this quarter, with openings in North Carolina, Ohio, Virginia and two in Florida. “Our continued success reflects the strength of our franchise opportunity and the trust entrepreneurs have in our brand,” says Joe Malmuth, chief …

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green newskitchen equipmentNewsrestaurantssoftware/technologyvendorswaste management/recycling

Better Earth Acquires Sustainability SaaS Company, Betterbin

by Katie Lee

Atlanta — Better Earth, a leader in sustainable foodservice packaging solutions, has acquired Betterbin, a Software as a Service (SaaS) platform that optimizes recycling and composting education for consumers, retailers and businesses. This acquisition bolsters Better Earth’s mission to create a regenerative circular economy by providing seamless, tech-driven solutions that divert food packaging waste from landfills, improve compliance with solid waste regulations and meet local sustainability goals. With only around 5% of plastics currently being recycled in the United States, the need for smarter waste solutions is more urgent than …

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