News

Duro-Last Names Key Leadership Promotions

by Katie Lee April 2, 2025

Saginaw, Mich. — Duro-Last®, a member of Holcim Solutions and Products US LLC, has named several key leadership promotions and organizational enhancements aimed at fostering innovation, optimizing operations, supporting long term growth and creating more opportunity for their valued contractor partners. “Our contractors are at the heart of everything we do, and these leadership updates further enhance our ability to support their success,” says Darren Schulz, president of Duro-Last. “By evolving our structure and investing in strong leadership, we’re ensuring we remain at the forefront of the industry — offering …

April 2, 2025

management News retailers store closings vendors

Forever 21 Liquidation Sales Now Underway

by Katie Lee April 2, 2025

Northbrook, Ill. — Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer, following the U.S. operating company F21 OpCo’s recent bankruptcy filing. The liquidation sales are happening both in-store and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360. All inventory is significantly discounted, offering savings of up to 60% off the lowest marked prices. Gift cards are accepted through April 15, 2025. Store fixtures and equipment are also available for purchase. “Stores are fully stocked, and fresh inventory …

April 2, 2025

News people restaurants

Jack in the Box Names New CEO

by Katie Lee April 1, 2025

San Diego — Jack in the Box Inc. and its board of directors has named Lance Tucker as the permanent chief executive officer for Jack in the Box, where he will also serve on the company’s board of directors. Tucker had served as interim CEO since February 2025 after being hired as chief financial officer for the company in November 2024, which followed a previous tenure as CFO of Jack in the Box from March 2018 to September 2020. “Lance brings decades of experience within the restaurant industry as well …

April 1, 2025

management News property management retailers

Foot Locker, Inc. to Relocate Global HQ from NYC to Florida

by Katie Lee April 1, 2025

St. Petersburg, Fla. — Foot Locker, Inc., a leading footwear and apparel retailer (previously) based in New York City, has signed a 110,998-square-foot, long term office lease to relocate its global headquarters to 570 Carillon Parkway, a premier Class A office property in St. Petersburg, Fla. The building is owned by The Feil Organization, a premier national real estate investment firm. “We’re thrilled to learn that Foot Locker has secured its move to St. Petersburg with a major presence in the Carillon area,” says Kenneth T. Welch, the mayor of …

April 1, 2025

News people restaurants

Yum! Brands CEO to Retire in 2026

by Katie Lee April 1, 2025

Louisville, Ky. — The chief executive officer of Yum! Brands, Inc., David Gibbs, has informed the board of directors of his intention to retire from the company in the next year. He has been with Yum! for 36 years and its CEO since January 2020. The board has established a succession planning committee and will work deliberately to identify and appoint the best candidate to lead the company’s next chapter. Gibbs will continue leading the company throughout the search process until his retirement, expected in the first quarter of 2026. …

April 1, 2025

construction and design News retailers

Academy Sports + Outdoors Surpasses 300 Stores

by Katie Lee March 31, 2025

Katy, Texas — Academy Sports + Outdoors has surpassed 300 stores after opening its first locations in York, Pa., Harrisburg, Pa., and Hagerstown, Md. These stores also mark Academy’s first locations in Pennsylvania and Maryland, increasing the retailer’s footprint to 21 states. In addition, Academy opened a new store in Kansas City, Mo., in March, and will open another new location in Charlotte, N.C., in April. The company plans to open a total of 20-25 new stores in its 2025 fiscal year. “Academy’s continued new store expansion reinforces our commitment …

March 31, 2025

News people restaurants

Twin Hospitality Group CEO and Chief Legal Officer to Resign

by Katie Lee March 31, 2025

Dallas — Joe Hummel, chief executive officer, and Clay Mingus, chief legal officer, both intend to resign from Twin Hospitality Group Inc., the parent company of Twin Peaks Restaurant. The date of their departures will be effective April 10, 2025. Ken Kuick, chief financial officer, has been appointed interim CEO, and Allen Sussman, general counsel of FAT Brands Inc., has been appointed interim chief legal officer. “We would like to thank Joe and Clay for all that they have done for Twin Peaks over the last 14 years,” says Kuick. …

March 31, 2025

construction and design News retailers

Meijer to Open New Neighborhood Market, Independence Market, in April

by Katie Lee March 31, 2025

Grand Rapids, Mich. — Meijer plans to open a new neighborhood market, called Independence Market, in the Independence Township of Clarkston, Mich., on April 30. The new 50,000-square-foot market will serve customers from Clarkston and all of Independence Township, including the new Waldon Village development. “Independence Market is committed to serving our new neighbors with value and convenience that makes it easy to get in and out quickly,” says Robert Lajcaj, store director of Independence Market. “Our team has been working hard to get the store ready to open with …

March 31, 2025

franchise development News people restaurants

REGO Restaurant Group Names New CEO to Lead Quiznos and Taco del Mar

by Katie Lee March 28, 2025

Denver — REGO Restaurant Group, a leading fast-casual restaurant platform, has named Neel Patel as chief executive officer to lead Quiznos, the quick-service sandwich chain, and Taco del Mar, a fast-casual restaurant chain specializing in coastal Mexican cuisine. He joins the group from Church’s Texas Chicken. Previously, Patel served as senior vice president, strategy & growth at Church’s Texas Chicken. He brings a wealth of experience in business transformation, growth strategy and commercial excellence, positioning him to drive the brands’ continued expansion and innovation. “Both Quiznos and Taco del Mar …

March 28, 2025

News people retailers

Foot Locker, Inc. Promotes EVP to President

by Katie Lee March 28, 2025

New York City — Foot Locker, Inc. has named Franklin R. Bracken, currently its executive vice president and chief commercial officer, to the role of president, effective immediately. Bracken will continue reporting to Mary Dillon, Foot Locker, Inc.’s chief executive officer. In his new role, Bracken will work alongside Dillon to accelerate the execution of the Lace Up Plan, the company’s strategy to elevate the omni-retail experience, enhance productivity and create long term shareholder value. Bracken will also continue to oversee global retail operations, merchandising, marketing, digital, loyalty and real …

March 28, 2025

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