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DICK’S House of Sport to Anchor New Retail Offerings at PREIT’s Cherry Hill Mall

by Katie Lee

Philadelphia — PREIT has named its next wave of retail additions to Cherry Hill Mall, one of the region’s premier shopping destinations, located in Cherry Hill, N.J. Anchoring the new lineup will be DICK’S House of Sport, a new retail experience from DICK’S Sporting Goods. Replacing the former One Cherry Hill office building, the new space will open in 2026 and introduce a new entrance, infusing fresh energy into the 1.3 million-square-foot shopping center. This targeted investment aligns with PREIT’s value-enhancing strategy with a focus on repurposing underutilized real estate …

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Newspeoplerestaurants

Sweetgreen Appoints New Chief Operating Officer

by Katie Lee

Los Angeles — Sweetgreen, Inc. has appointed Jason Cochran as its chief operating officer, effective May 5, 2025. Cochran will oversee field operations and as well as operations services and innovation for the company and will report directly to Sweetgreen’s co-founder and chief executive officer, Jonathan Neman. Cochran joins Sweetgreen from past positions with Pizza Hut, Chipotle and GameStop. “Jason is a trusted and visionary leader with hands-on operational experience at growth-oriented brands,” says Neman. “His strategic mindset, operational discipline and ability to inspire teams make him uniquely positioned to …

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construction and designNewsretailers

T&T Supermarket to Open First Southern California Store in Winter 2026

by Katie Lee

Irvine, Calif. — T&T Supermarket, Canada’s largest Asian grocery retailer, will open its first Southern California store in the Great Park community — a master-planned development within the City of Irvine — slated for winter 2026. Following the debut of its first U.S. store in Bellevue, Wash., in December 2024, T&T is continuing its U.S. expansion with a location in Irvine. Located at The Canopy at Great Park, the new 34,000-square-foot store will have convenient access from the future 133 Freeway interchange and its proximity to the Great Park Sports …

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construction and designfranchise developmentNewsrestaurants

Fuzzy’s Taco Shop Opens First California Location

by Katie Lee

Barstow, Calif. — Fuzzy’s Taco Shop has made its highly anticipated debut in California with a new location in Barstow, which opened on April 28, 2025. Located at 1523 East Main St., this marks the brand’s first foray into the California market, bringing its signature tacos, memorable drinks, and laid-back vibe to the West Coast. The new shop is owned and operated by the Soleimani Group, an experienced multi-unit franchisee group with over 30 IHOP locations. “Fuzzy’s Taco Shop has built a passionate following across the country, and we’re confident …

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construction and designNewsretailers

Big Lots to Reopen 132 Stores in May 2025

by Katie Lee

Henderson, N.C. — Big Lots! will be reopening 132 stores in May 2025. This expansion under the direction of new owners, Variety Wholesalers, builds on the positive customer response to the initial reopenings of Big Lots! stores in April 2025 and further solidifies the discount retailer’s return to the American marketplace. “We’re excited to bring an additional 132 Big Lots! locations back to life in May,” says Lisa Seigies, president and CEO of Variety Wholesalers. Big Lots! stores will reopen in May in two phases, on May 1 and May …

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franchise developmentNewspeoplerestaurants

TGI Fridays Appoints President of International Franchising

by Katie Lee

Dallas — TGI Fridays has appointed Phil Broad as president of TGI Fridays International Franchising. Based in Dubai, Broad will oversee the brand’s international operations and franchise partnerships, with a focus on accelerating global growth and delivering exceptional guest experiences worldwide. Broad served as managing director of TGI Fridays UK from 1997 to 2000. In addition to his deep understanding of the brand, he has over 30 years of global leadership experience in the food and beverage, hospitality and retail sectors. “Phil’s return to the Fridays family comes at a …

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Newsretailersstore closings

Hudson’s Bay to Liquidate Remaining Stores

by Katie Lee

Toronto — Hudson’s Bay Company ULC will liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. At this time, the company believes that a viable bid for the current six-store model is unlikely, and therefore will begin liquidation sales in these stores on April 25. The remaining locations will join the 73 other Hudson’s Bay, 13 Saks OFF 5TH and two Saks Fifth Avenue locations already undergoing liquidation sales following the company’s filing under the Companies’ Creditors Arrangement Act (CCAA). Should a buyer bid be accepted, …

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construction and designfranchise developmentNewsrestaurantsstore closings

Jack in the Box to Close 150-200 Units; Company to Explore Possible Sale of Del Taco

by Katie Lee

San Diego — Jack in the Box Inc. has unveiled a series of actions to improve long term financial performance across its restaurant system, including the closure of 150-200 underperforming Jack in the Box restaurants and, with the help of BofA Securities, possible strategic alternatives for its Del Taco brand, including a potential divestiture of the business. “In my time thus far as CEO, I have worked quickly with our teams to conclude that Jack in the Box operates at its best, and maximizes shareholder return potential, within a simplified …

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managementNewspeopleproperty management

Levin Management Corporation Names New CFO 

by Katie Lee

North Plainfield, N.J. — Levin Management Corporation (LMC) has appointed Jeanette Oliver as chief financial officer (CFO). LMC is an established, vertically integrated commercial real estate services provider with a 125-property leasing and management portfolio. Prior to joining LMC, she was chief accounting officer at Silverstein Properties Inc. Oliver has more than 25 years of experience in the real estate and development industries. She brings a wealth of finance and accounting expertise to her new role. Prior to Silverstein, she previously served as accounting director at Forest City Ratner Companies. …

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Salad and Go Names Former Krispy Kreme Chief as New CEO

by Katie Lee

Dallas — Salad and Go, a one-of-a-kind salad chain, has appointed Mike Tattersfield as its new CEO, effective immediately. Tattersfield, who is now a minority owner of the brand, brings over 30 years of retail and restaurant industry leadership experience to the expanding drive-thru-only salad concept. Most recently, he served as president and CEO of Krispy Kreme for nearly a decade. Other top roles included CEO of Caribou Coffee Company and Einstein Noah Restaurant Group, president at YUM! Brands and COO at Lululemon. “Salad and Go has built something special …

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