What’s in a shopping center redevelopment?
retailers
Chillicothe, Ohio — Chillicothe, Ohio-based Petland Inc. is expanding its international reach into the Middle East North Africa region. In the last 2 years, Petland has opened more than 20 new locations in international markets. Within the next year, the pet store chain plans to open stores in Saudi Arabia and has signed a master franchise agreement to develop stores in Saudi Arabia, United Arab Emirates, Egypt, Turkey, Qatar, Lebanon, Kuwait and Bahrain.
Los Angeles — The Coffee Bean & Tea Leaf® has appointed Jeff Harris as chief financial officer. A veteran finance executive with nearly 30 years of experience, Harris will oversee all financial functions of the company, as well as the supply chain, human resource, risk management and legal teams. He will report directly to President and CEO John Fuller.
Beijing — Ten years after first entering the market, Toys”R”Us, Inc. has opened its 100th store in China. The grand opening took place on January 16, 2016 at the APM Shopping Mall in Wang Fu Jing, one of the leading retail districts in Beijing, where Toys”R”Us® opened one of its 27 new stores across the country within the past year.
New Hartford, N.Y. — Lund Food Holdings, Inc. has selected ParTech, Inc. (PAR), a wholly owned subsidiary of PAR Technology Corporation, to support its food safety program at all of its Lunds & Byerlys grocery stores. Lunds & Byerlys, a Minnesota-based, family-owned company, will deploy PAR’s SureCheck Advantage, Software-as-a-Service (SaaS) solution for food safety and checklist management across its 28 locations.
Indianapolis — Sam Sato will succeed Glenn Lyon as chief executive officer of The Finish Line, Inc., effective February 28, 2016. Lyon, who currently serves as CEO and chairman of the board, will serve as executive chairman of the board through the end of calendar year 2016. At the beginning of 2017, Lyon will transition to the role of non-executive chairman of the board.