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Foot Locker Unveils Reimagined Store Concept in NYC

by Katie Lee

New York City — Foot Locker, Inc. is marking the grand reopening of its iconic store on 34th Street in New York City, a pivotal milestone in its global retail revitalization. Set to open on August 22 at 112 W. 34th St., the newly redesigned store enhances consumer accessibility and redefines retail in the heart of Manhattan. This reimagined concept highlights Foot Locker’s commitment to sneaker and basketball culture through the introduction of Foot Locker ‘Home Court,’ a premier, multi-brand basketball shopping destination. Developed in partnership with Nike and Jordan …

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franchise developmentNewsrestaurants

The Coffee Bean & Tea Leaf Debuts First Food Truck

by Katie Lee

Los Angeles — The Coffee Bean & Tea Leaf, the leading global specialty coffee and tea house, will be launching its first permanent food truck location at the Los Angeles Zoo. Local entrepreneur Benjamin Dreicer and operating partner Genadi Orlov signed the franchise agreement. With more than two decades of experience in the retail real estate sector, Dreicer has developed a comprehensive understanding of the restaurant space and honed his skills in strategic site selection. As he grows with The Coffee Bean & Tea Leaf, Dreicer is interested in looking …

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Parent Company of Circle K Agrees to Acquire 270 GetGo Convenience Stores, Makes ‘Friendly’ Takeover Bid for 7-Eleven Owner

by Katie Lee

Laval, Quebec & Cranberry Township, Pa. — Alimentation Couche-Tard Inc., the Canadian parent company of Circle K, has agreed to acquire GetGo Café + Markets from Giant Eagle Inc., a supermarket chain based in Pennsylvania. GetGo operates 270 gas station and convenience store locations in Pennsylvania, Ohio, West Virginia, Maryland and Indiana. The company staffs approximately 3,500 employees. “We are excited to welcome GetGo into the Couche-Tard family,” says Brian Hannasch, president and CEO of Couche-Tard. “We look forward to growing together as we learn from and continue GetGo’s innovative …

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energy managementfacilities managementNewsProduct Spotlightretailerssoftware/technologyvendors

ENTOUCH Expands Demand Response Program with 24 Hour Fitness

by Katie Lee

Richardson, Texas — ENTOUCH, a leader in energy management and smart building technology, has expanded its demand response program in partnership with 24 Hour Fitness, the 40-year leader in health and fitness. This milestone highlights the effectiveness of ENTOUCH’s cutting-edge solutions in reducing energy usage, driving profitability and supporting sustainability initiatives for multisite operators. In 2023, 24 Hour Fitness implemented ENTOUCH’s demand response program across an initial 100 locations in California and Texas. The initiative proved highly successful, saving 35 MW of energy and significantly contributing to the reduction of …

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franchise developmentNewsrestaurants

Marco’s Pizza Debuts in New Mexico with 9-Unit Area Development Agreement

by Katie Lee

Albuquerque, N.M. — Marco’s Pizza, one of the nation’s fastest-growing pizza brands, announces a 9-unit area development agreement in New Mexico. This marks a milestone for the brand as it breaks into a new state, with its nationwide footprint now spanning 35 states. Site selection is currently underway, with the first two locations slated to open in the Albuquerque and Rio Rancho areas before the end of first quarter 2025. Seasoned franchisees Chris and Kristian Ornelas are the principal owners of the company developing the units. “When looking to invest …

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construction and designgreen building/LEEDNewsremodelsretailers

Food Lion Invests $365 Million to Renovate Stores in North Carolina and Virginia

by Katie Lee

Salisbury, N.C. — With a $365 million capital investment, Food Lion has enhanced the customer shopping experience with remodeled stores in the greater Raleigh-Durham, N.C., area and Mecklenburg County, Va. On Aug. 21, Food Lion will hold ribbon-cutting events at 167 stores in the greater Raleigh-Durham market, which is among the fastest growing areas nationwide. Nearly all stores are introducing self-checkout lanes, allowing customers to choose between traditional cashier-assisted checkout or self-checkout options. Additionally, Food Lion continues to invest in training and developing associates to provide the best customer experience. …

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Newspeoplerestaurantssupply chain

Chipotle Names COO as its Interim CEO

by Katie Lee

Newport Beach, Calif. — The chairman and CEO of Chipotle Mexican Grill, Inc., Brian Niccol, has accepted the role as chairman and CEO of Starbucks and will be leaving Chipotle on August 31, 2024. Niccol has served as Chipotle’s CEO since 2018 and as chairman of the board since 2020. Chipotle’s board of directors has appointed Scott Boatwright, chief operating officer, as interim CEO. Boatwright joined Chipotle in 2017 and has been instrumental in driving restaurant operations for the company’s more than 3,500 restaurants. He also led the integration of …

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construction and designNewsproperty managementretailers

Canada-Based Asian Grocer, T&T Supermarkets, to Open First Store in California

by Katie Lee

San Jose, Calif. — T&T Supermarket Inc., Canada’s favorite Asian grocery retailer, will open its first store in California at the Westgate Center in San Jose in fall 2025. With two stores in the works in Washington, this marks T&T’s third store announcement in the Unites States. The 55,000-square-foot store is taking over space formerly occupied by Walmart. T&T operates more than 33 stores across Canada, and is a full-service unique shopping experience known for its vast selection of authentic Asian products, fresh produce, full service meat counter, live seafood …

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franchise developmentNewsrestaurants

MilkShake Factory® Awards 100th Franchise Unit on First Anniversary of Franchise Launch

by Katie Lee

Ann Arbor, Mich. — MilkShake Factory, a Franworth portfolio brand and beloved dessert destination, has reached a milestone by awarding its 100th franchise unit on the first anniversary of its franchising journey. MilkShake Factory, a fourth-generation family business, was built on a legacy of quality. The journey began in 1914 when Charlie and Orania opened their first chocolate shop and soda fountain in Pittsburgh’s Lawrenceville neighborhood. More than a century from its early soda fountain days, the company was renamed “MilkShake Factory” and by 2016, had established itself as the …

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energy managementNewsProduct Spotlightrestaurantssoftware/technologyvendors

Budderfly Acquires Sunverge’s Distributed Energy Resource Management Platform

by Katie Lee

Shelton, Conn. — Budderfly, a preferred sustainability partner for commercial businesses with repeatable footprints, has acquired a grid-edge distributed energy resource management system (DERMS) from Sunverge Energy. Former Sunverge employees with decades of DERMS and energy market experience will join Budderfly’s growing team of almost 400 employees. Using Sunverge’s technology, Budderfly can aggregate distributed energy resources (DERS) across its sites, positioning it to create virtual power plants (VPPs) capable of providing flexibility to the grid, increasing resiliency for customers and growing new revenue streams. With greater control over its energy …

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