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AMC Theatres® Creates & Hires New Position: VP of Growth Strategy

by Katie Lee

Leawood, Kan. — AMC Theatres, the largest theatrical exhibitor in the United States and in the world, has made a critical hire as it prepares to expand its business into the multibillion-dollar retail popcorn industry. Ellen Copaken, formally of Frito-Lay and Hostess Brands, will join AMC as the vice president, growth strategy, beginning February 18. In this newly created role, Copaken will lead AMC’s implementation of growth ideas related to the sale to consumers of popcorn outside AMC’s historic in-theatre channel. She will report to Mark Pearson, chief strategy officer, …

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Industry Voicesmanagementretailers

Service & Convenience

by Katie Lee

— Interview with Matthew K. Harding —   Retail Outlook: In changeable times, tenants focus on customer service and convenience.   North Plainfield, N.J. — Within a changeable environment impacted by ongoing COVID-19 concerns, labor shortages, supply chain disruptions and rising inflation, brick-and-mortar retail tenants are cutting through the noise to focus on what they can control: providing top-notch service and convenience for customers. And coming off a strong year, they are optimistic about what 2022 will bring, according to Levin Management Corporation (LMC), which recently released the findings of …

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Newspeopleretailers

RNR Tire Express Appoints 3 New Executives to National Team

by Katie Lee

Tampa, Fla. — RNR Tire Express, a national tire and wheel franchise retailer, has appointed three new executives to the brand’s national leadership team. These include the promotions of Tracy Cintron to the role of franchise director and Candace Lovett to national marketing director, as well as the recent addition of Susan Vice to serve as the company’s new financial controller. Cintron, who had previously served as franchise coordinator for RNR, will continue helping franchisees in their store development efforts and will begin playing a more central role in their …

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Newsretailers

ALDI Plans 150 New Stores as National Expansion Continues

by Katie Lee

Batavia, Ill. — More than 1,000 new ALDI stores have opened throughout America over the past decade, and customers nationwide have fallen in love with the company’s fast and affordable shopping experience. ALDI plans to open approximately 150 new stores and remains on track to become the third-largest U.S. grocery retailer by store count by the end of this year. As ALDI expands in the Southeast, the company will count Louisiana as its 38th state of operation when it welcomes shoppers to its Lafayette store on Feb. 10. ALDI plans …

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green newsNewsretailersvendors

EVgo and Meijer Launch First of 5 New Public Fast-Charging Stations in the Midwest

by Katie Lee

Los Angeles — EVgo Inc., the nation’s largest public fast-charging network for electric vehicles (EVs) and only public network powered by 100% renewable electricity, and Meijer, a Midwestern retailer, have opened the first EVgo public fast-charging station at Meijer stores. EVgo’s latest stations with Meijer are part of EVgo and the retailer’s previously announced partnership, and are capable of 100 kW to 350 kW fast-charging. EVgo and Meijer’s first sites under the partnership are in key Midwestern cities across Michigan and Ohio. The stations will add to the over 800 …

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construction and designNewsretailersvendors

Orangetheory Fitness Adopts Matterport Digital Twins to Manage Studio Operations

by Katie Lee

Sunnyvale, Calif. — Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, has partnered with Orangetheory®, the fast-growing fitness franchise, which will utilize Matterport Capture Services to scan and create digital twins of all its U.S. studios, ensuring design and layout are consistent with global brand guidelines. With more than 1,250 studios across the U.S., Orangetheory’s operational teams will gain significant cost and time savings by enabling highly efficient collaboration, analysis and decision-making using digital twins of its studios remotely. “As we continue to …

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Newsretailers

Petco to Launch New In-Store Concept at Select Lowe’s Stores

by Katie Lee

Mooresville, N.C. — Mooresville, N.C.-based Lowe’s and San Diego-based Petco Health and Wellness Co. Inc. have plans to open a new in-store concept that will offer both home and pet products within select Lowe’s locations. The first Lowe’s + Petco store-in-store concept is slated to open at the Lowe’s Alamo Ranch store in San Antonio this month. The companies plan to also expand to 14 additional Lowe’s locations in Texas, North Carolina and South Carolina by the end of March. The purpose of the new Lowe’s + Petco locations is …

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franchise developmentNewsretailers

Tractor Supply Surpasses 2,000 Stores, Plans 75-80 New Stores This Year

by Katie Lee

Brentwood, Tenn. — Tractor Supply Company, the largest rural lifestyle retailer in the United States, has surpassed 2,000 stores and plans to continue its ongoing expansion. The company is set to open 75 to 80 new stores in 2022, including relocating a store this month in Minot, N.D., home of the original Tractor Supply location. Tractor Supply Company began in 1938 as a mail-order business focused on providing quality tractor parts to farmers at fair prices. Charles E. Schmidt Sr. ran the business from his Chicago kitchen table before opening …

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franchise developmentNewsretailers

FullSpeed Automotive Opens 700th Store

by Katie Lee

Greenwood Village, Colo. — FullSpeed Automotive, one of the nation’s largest franchisors and operators of automotive aftermarket repair facilities and home to flagship brands Grease Monkey® and SpeeDee Oil Change & Auto Service®, has opened its milestone 700th unit with Grease Monkey in Garden Grove, Calif. The new store opened on January 26, 2022. This development milestone signals major growth ahead as Grease Monkey and SpeeDee awarded a combined 51 franchise agreements in 2021, and expect to exceed that in 2022. FullSpeed also hopes to acquire as many as 150 units …

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Newspeopleretailers

The Home Depot Names New CEO, Effective March 1, 2022

by Katie Lee

Atlanta — The Home Depot® has named Edward “Ted” Decker as its new CEO and president, effective March 1, 2022. He has also been elected to the company’s board of directors. Craig Menear, currently chairman and CEO, will continue to serve as chair of the board. “As a 22-year associate of The Home Depot, Ted has nurtured our culture by living our values and demonstrating servant leadership throughout his career,” says Menear. “Ted has grown with the company by taking on expanded roles of leadership from his time in Strategic …

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