Thursday, August 14, 2025
Read the Magazine Subscribe

News

Newsretailers

The Container Store Opens its 100th Retail Location

by Katie Lee

Coppell, Texas — The Container Store Group, Inc. has opened its 100th store location. Now open in Princeton, N.J., the milestone store furthers advances the company’s goal to reach $2 billion in revenue. The 100th store is the sixth small-format store the company has opened to date and one of five anticipated to open in its fiscal 2023 ending March 30, 2024. A primary objective of its small-format stores is high productivity with a full Custom Spaces Studio featuring its Preston, Avera and Elfa lines, curated assortment of complementary general …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeoplerestaurants

TGI Fridays Names U.S. President & COO; President of International Markets & CFO

by Katie Lee

Dallas — TGI Fridays® has hired Ray Risley as U.S president and chief operating officer and Nik Rupp as president of international markets and chief financial officer. Both will report directly to CEO Weldon Spangler. This news comes as TGI Fridays continues the revitalization of its brand. In the role as U.S. president and COO, Risley will be responsible for the supervision and management of the operational facets and performance standards of all TGI Fridays establishments within the United States, both company-owned and franchised entities. Risley joins TGI Fridays after …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeoplerestaurantssoftware/technologyvendors

QSR Tech Leader Qu Expands Executive Leadership Team

by Katie Lee

Bethesda, Md. — Qu, the unified commerce platform built for enterprise-scale, quick-service and fast-casual restaurants, has added two new executives to its management team. John Morrison, formerly an executive at Toast, is a 20+ year restaurant tech veteran that will serve as senior vice president of operations. Peter “Reyn” Holden will take the reins as Qu’s chief financial officer. “One of the key differentiators Qu is known for in the industry is the customer experience it provides,” says Amir Hudda, CEO of Qu. “As we grow to serve larger brands …

Continue Reading
0 FacebookTwitterPinterestEmail
construction and designmanagementNewsproperty managementremodelsretailers

Regency Centers Begins Redevelopment of 280,000 SF Mall on Long Island

by Katie Lee

Holbrook, N.Y. — Regency Centers has begun the redevelopment of the 280,000-square-foot former SunVet Mall in the Long Island community of Holbrook. Regency has rebranded the 50-year-old property as The Shops at SunVet and plans to reposition it as a 168,000-square-foot, open-air shopping center with six outparcels. Whole Foods Market will anchor the center. Demolition of the existing structure is underway, and new construction is scheduled to begin in spring 2024. SBLM Architects is the lead architect on the project. SOURCE: www.REBusinessOnline.com

Continue Reading
1 FacebookTwitterPinterestEmail
construction and designfranchise developmentNewsrestaurants

BurgerFi® and Anthony’s Coal Fired Pizza & Wings Open First-Ever Co-Branded Location

by Katie Lee

Kissimmee, Fla. — BurgerFi International, Inc., owner of leading fast-casual brand BurgerFi® and the casual dining pizza brand Anthony’s Coal Fired Pizza & Wings, has opened its first-ever co-branded BurgerFi and Anthony’s restaurant. The momentous occasion for the brand also signifies the inaugural franchise site for Anthony’s Coal Fired Pizza & Wings. The new location is owned and operated by franchisee NDM Hospitality, one of the original franchisees for BurgerFi and the first franchisee of Anthony’s Coal Fired Pizza. “The debut franchise location of Anthony’s Coal Fired Pizza & Wings …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeopleretailers

Richemont Names New President & CEO of Chloé

by Katie Lee

Geneva, Switzerland — Richemont, a luxury retail group based in Geneva with U.S. headquarters in New York City, has announced that Riccardo Bellini has decided not to continue in his role as president and CEO of Chloé, after 4 years in the position. The decision was made in full collaboration with Richemont to allow a proper completion of his mission and a smooth onboarding and start of the recently hired creative director. Bellini will leave his role at Chloé by the end of this month; he will be succeeded by …

Continue Reading
0 FacebookTwitterPinterestEmail
Newspeoplerestaurants

Shake Shack CEO to Retire in 2024

by Katie Lee

New York City — Randy Garutti, chief executive officer of Shake Shack Inc., has informed the board that, after more than two decades with the company, he will retire in 2024 upon the selection of his successor. He will continue to lead the company as its CEO and as an executive board member through that time. The company intends to retain Garutti as an advisor following his CEO service through the end of 2024 to ensure a proper transition. The board of directors has launched an external search led by …

Continue Reading
0 FacebookTwitterPinterestEmail
green newsNewsretailerssupply chain

CarMax Introduces its First All-Electric Semi-Truck into Logistics Fleet

by Katie Lee

Richmond, Va. — CarMax, Inc., the nation’s largest retailer of used cars, has introduced the pilot of its first all-electric semi-truck that is being used as a vehicle hauler in California’s San Joaquin Valley. The truck can transport up to seven vehicles at one time and can travel an estimated 230 miles on a single charge. CarMax is testing the all-electric semi-truck in real-world conditions and its Stockton, Calif., store will serve as the region’s hub for fast-charging the vehicle with a Level 3 charging station. CarMax’s test to replace …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

BIGGBY® COFFEE Closes 2023 with 88 Franchises Awarded & 48 New Openings

by Katie Lee

Lansing, Mich. — BIGGBY® COFFEE, a high-energy coffee franchise with 379 units nationwide, is pursuing the 500-unit mark across markets nationwide. With 150+ stores currently in development, the franchise is on pace to achieve its goal. “This year, we opened 48 new locations and awarded another 88 franchises,” says Tony DiPietro, vice president of emerging market development. “Around one-third of our franchise agreements came from existing franchise owners, and that’s a great indicator of franchisee happiness and success in the system.” BIGGBY® COFFEE awarded franchises in Michigan, Indiana, Wisconsin, Ohio, …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsretailers

UNIQLO to Double North American Expansion in U.S. and Canada in 2024

by Katie Lee

New York City — Global retailer UNIQLO will accelerate its rapid growth in North America with new stores across the U.S. and Canada in 2024. With a focus on eastern and western regions, including new markets, the brand looks to achieve its next milestone in the new year, doubling the current year’s store openings with over 20 new locations planned throughout North America in 2024. In 2022, the Japan-based brand initiated a plan to reach 200 stores in North America by 2027. Its first North American location opened in the …

Continue Reading
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts