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Batteries Plus Inks Largest Franchise Deal in Company History

by Katie Lee

Raleigh, N.C. — Batteries Plus, the nation’s largest and fastest-growing battery, light bulb, key fob and repair franchise, has inked the largest single signing franchise deal in company history, bringing 8 new locations to the Raleigh-Durham area of North Carolina over the next 3 years. This new agreement will bring the total store count to 16 in the market. The 8-unit agreement is spearheaded by multi-unit developer Tribat, LLC, who came to Batteries Plus inspired by the strength and stability of the brand. With over 30 years of experience in …

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Staples CEO to Step Down

by Katie Lee

Framingham, Mass. — Staples, Inc., the owner and operator of the Staples North American Delivery business, has mutually agreed with J. Alexander (Sandy) M. Douglas, Jr. that Douglas will step down as chief executive officer. John A. Lederer, executive chairman of the board, will be appointed interim CEO. These changes will be effective on June 18, 2021. The company’s board of directors has commenced a search process to identify a permanent CEO. “On behalf of the board, I would like to thank Sandy for his commitment and dedication to the …

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Albertsons Companies Names New EVP, Chief Merchandising Officer

by Katie Lee

Boise, Idaho — Albertsons Companies has appointed Jennifer Saenz as executive vice president, chief merchandising officer, effective July 12, 2021. She will join the company’s senior leadership team and report to Vivek Sankaran, president and chief executive officer. Saenz joins the company from Global Foods. “We’re excited to welcome Jennifer to the Albertsons team,” says Sankaran. “A commitment to serving our customers with a broad and differentiated assortment of products is a key aspect of our transformation strategy. Jennifer’s extensive global industry experience and proven track record of driving growth …

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New Retail Concept, Shopper’s Find, Launches in Former Lord & Taylor Locations

by Katie Lee

Northbrook, Ill. — Hilco Global’s Hilco Retail Solutions platform, in a joint venture with Gordon Brothers, has been working with HBC to launch Shopper’s Find, a new retailer that is opening in former Lord & Taylor locations. Shopper’s Find is the department store for every shopper, offering savings of up to 60% off. The Shopper’s Find team works directly with manufacturers and wholesalers to find the best possible price and bring in new merchandise virtually every week, so shoppers will find fresh selections each visit. Shopper’s Find has something for …

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Owner of Gourmet Market Savi Provisions Launches New Concept

by Katie Lee

Atlanta — Paul Nair, founder of Savi Provisions, has launched a new concept. UPop (short for Urban Provisions Offering Petroleum) will be a high-end food and beverage concept located in a new-to-Georgia gas station Arco. Located in the former Golden Buddha space on Roswell Road in North Buckhead, UPop will offer chef-driven prepared foods, beer, wine and liquor. It will also include a bistro offering small plates. According to Nair, this will be a higher end experience. “We are intentionally not using traditional convenience store items or big name brands. The goal is to …

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Quicklotz Liquidations to Open Superstore in Dallas-Fort Worth Metroplex

by Katie Lee

Dallas-Fort Worth, Texas —Quicklotz Liquidations, recognized as one of America’s fastest growing private companies according to Inc. 5,000, plans to open a one-of-a-kind shopping experience at Northeast Mall in Hurst, Texas, near Dallas-Fort Worth. An innovative “bin shopping experience” complete with 50,000+ items on any given day will feature electronics, housewares, clothes, furniture, crafts and much more. Shoppers will find items up to 90% off retail prices in 140,000 square feet of a modern-day “treasure hunt” as an anchor tenant in the regional shopping destination of the Northeast Mall. As …

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ZIPS Dry Cleaners Franchise Names Restaurant Industry Veteran as its New President/CEO

by Katie Lee

Greenbelt, Md. — The board of directors of ZIPS Dry Cleaners® has appointed Bob Barry as president/CEO of the network of dry-cleaning stores, effective immediately. He succeeds Drew Ritger, who held the role for the past 3.5 years and has accepted a position with a Midwestern chain of gourmet coffee restaurants. Barry has been a member of the ZIPS board of directors for the past 8 years and he will retain that position. He spent 12 years as president/CEO of The Greene Turtle Sports Bar & Grille, growing that chain …

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ODP Confirms Receipt of Staples Proposal to Acquire Consumer Business for $1 Billion

by Katie Lee

Boca Raton, Fla. — The ODP Corporation, a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores, has confirmed that its board of directors has received a proposal from USR Parent, Inc. (Staples), the parent company of Staples and a portfolio company of Sycamore Partners, to acquire the company’s consumer business for $1 billion in cash. Last month, the company announced a plan to separate into two independent, publicly-traded companies, each with a unique …

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Buff City Soap Expands in Atlanta with First Buckhead Store

by Katie Lee

Atlanta — Buff City Soap, a Southern-based lifestyle brand changing the way people buy their everyday soap by providing plant-based alternatives, has opened its third soap ‘makery’ in Atlanta. Located on Roswell Road in the prominent Buckhead shopping district, Buff City Soap is known for its handmade, plant-based soap and body products. The store opened in late May. Unlike supermarket alternatives, Buff City Soap creates high-quality products free of harsh chemicals, detergents, dyes, animal fats and sulfates. By giving customers the chance to see the whole making process live in …

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Gap’s First Quarter Sales Increase 28%, Net Sales Hit $4 Billion

by Katie Lee

San Francisco — Gap Inc., the parent company of Old Navy, Gap, Banana Republic and Athleta, released its first-quarter 2021 fiscal report showing net sales reached $4 billion, up 8% from 2019. Additionally, comparable sales were up 28% year-over-year and rose 13% since pre-pandemic 2019. The company showed strong increases in net sales at Old Navy and Athleta — 27% and 56% increase over 2019, respectively. There were declines in net sales at Gap Global (16%) and Banana Republic Global (29%). Old Navy’s comparable sales were up 35% year-over-year and …

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