Dallas — Brinker International Inc. is making updates to its executive leadership team, including the retirement of Joe Taylor, executive vice president and chief financial officer; the appointment of Mika Ware as senior vice president and chief financial officer, effective June 27, 2024; and the appointment of Chris Caldwell as senior vice president and chief information officer, effective Feb. 26, 2024. Taylor intends to retire at the end of the company’s fiscal year in June 2024 after almost 25 years at the company. He will continue to serve the company …
News
New York City — Macy’s Inc. plans to close 150 of its namesake department stores over the next 3 years. According to the retail giant, these stores represent 25% of the company’s gross square footage as of fiscal year-end 2023 but only account for 10% of sales. (Macy’s fiscal 2023 ended Feb. 3, 2024.) Macy’s anticipates closing approximately 50 stores by the end of fiscal year 2024, the locations of which have not been disclosed, though CNBC reports some are located in California, Florida, Hawaii and Virginia. Other elements of …
New York City — Nathan’s Famous, Inc. continues international expansion in 2024. The over 100-year-old brand, which recently opened virtual kitchens in Belgium and France, multiple full-service franchised restaurants in Mexico City, and two franchised restaurants and a food truck in Egypt in 2023, currently operates in 19 countries globally. Through master franchise relationships in Brazil, the UK, Egypt and Ukraine, the brand plans to open brick-and-mortar locations in Brazil by the end of 2024. Nathan’s Famous plans to open several virtual kitchen locations in the UAE by the end …
Anthropologie and FP Movement to Open First New Hampshire Stores at Simon’s Rockingham Park
Salem, N.H. — Anthropologie and FP Movement will open their first stores in New Hampshire in 2024 — joining a lineup of market exclusive brands including Apple, Lululemon and Sephora, among others — at The Mall at Rockingham Park in Salem, N.H. Anthropologie is a respected lifestyle brand whose products have expanded over the years, now encompassing apparel, shoes, accessories, activewear, bridal, beauty, wellness, home décor and more. Founded in 1992, Anthropologie ships to more than 100 countries and has over 200 stores around the world. FP Movement is Free …
Columbus, Ohio — The fast-growing Ohio-based taco and tequila company, Condado Tacos, has appointed Natalie Harden as its new chief financial officer. Harden joins the company from Chuy’s, with 20 years of experience in both restaurant and consumer-related corporate finance. “We are pleased to welcome Natalie to the Condado team. As a results-driven leader, she brings a dynamic, data-based approach to growth, financial planning and business strategy,” says John G. Troiano, CEO of The Beekman Group and chairman of the board of Condado Tacos. “We couldn’t be more thrilled to …
Dallas — RumbleOn, the country’s largest retailer of powersports vehicles, has appointed Brandy Treadway as its new senior vice president and chief legal officer. Treadway brings over two decades of legal expertise, including executive positions at J.C. Penney Company, Inc. and as a partner at Martin Powers & Counsel, PLLC. Treadway will lead RumbleOn’s legal and human resources functions. “We are thrilled to welcome Brandy to RumbleOn,” says Mike Kennedy, CEO of RumbleOn. “Her unique set of skills and her legal and HR background make her a great fit for …
Boston — Toast, the digital technology platform built for restaurants, has formed an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States. In addition to Toast point-of-sale (POS) terminals, Caribou Coffee will use Toast Payments, Kitchen Display Systems (KDS) and Multi-Location Management. To help support the brand’s growing coffeehouse footprint, Caribou Coffee sought a modern technology partner with a robust, scalable POS solution that would be easy to use for all stakeholders including company and franchisee operators and team members. Focused …
Scottsdale, Ariz. — PXG continues its strategic store expansion with its first brick-and-mortar venture in California. A premier golf destination, PXG East Bay™ will support custom club fittings for PXG® equipment and a top-quality apparel and accessory shopping experience for golf and active lifestyle enthusiasts across the San Francisco Bay Area. “Similar to PXG, the Bay Area is a hotbed for tech, innovation and opportunity, so setting up shop seemed like a natural fit,” says Bob Parsons, founder and CEO of PXG. “We’re proud to be part of this thriving …
Newport Beach, Calif. — Mountain Mike’s Pizza, a leading California-based family-style pizza chain for more than 45 years, has promoted Jim Metevier as chief executive officer (CEO). Metevier previously served as Mountain Mike’s president and chief operating officer (COO) since 2018 and boasts more than 30 years in the restaurant industry — experience that has been instrumental in accelerating the brand’s considerable sales and franchise growth in the last half-decade. After being acquired in 2017 by new owners Chris Britt and Ed St. Geme, who made several key executive hires, …
New York City — Paul Stuart, the American luxury men’s retailer dressing the discerning gentleman since 1938, is returning to Chicago’s Magnificent Mile, relocating its Oak Street boutique back to North Michigan Avenue. In a strategic move to elevate its presence in the Windy City, the new two-level, 5,250-square-foot store marks a significant milestone in its continued commitment to the Chicago market. Paul Stuart’s history with the city extends almost three decades, having opened its first store at 875 N. Michigan Ave. (formerly known as The John Hancock Center). Located …