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Jack in the Box
CaliforniaCompany newsNews

Jack in the Box to Close Up to 200 Stores, Company to Explore Sale of Del Taco

by Abby Cox

San Diego — Jack in the Box Inc. has announced plans to improve its long-term financial performance across its restaurant system, which includes the closure of 150 to 200 underperforming Jack in the Box restaurants, as well as possible alternatives for its Del Taco brand, which it acquired in March 2022. Jack in the Box will implement a block closure program, which will comprise of approximately 80 to 120 restaurant closures between now and December 31, with the remaining underperforming restaurants closing thereafter, based upon franchise agreement termination dates. San …

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Chicken N Pickle
Company newsDevelopmentEntertainmentNewsRestaurantsTexas

Chicken N Pickle to Open Fifth Texas Venue

by Abby Cox

Allen, Texas — Indoor-outdoor entertainment and dining concept Chicken N Pickle will open its third venue in the Dallas-Fort Worth area and its fifth overall in Texas this month. Situated at The Farm, a mixed-use development located in Allen, Chicken N Pickle Allen totals 55,000 square feet across two levels, with dining areas, a sports bar, beer garden, cornhole, six indoor pickleball courts, two outdoor pickleball courts, as well as additional yard games. The venue also offers “all abilities” programming and sports wheelchairs. Chicken N Pickle Allen will open May 13. …

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Jeanette-Oliver-Levin-Management
Company newsNew JerseyNews

Levin Management Corporation Appoints Jeanette Oliver Chief Financial Officer

by Abby Cox

North Plainfield, N.J. — Levin Management Corp. (LMC) has appointed Jeanette Oliver, an industry veteran with more than 25 years of experience in the real estate and development industries, to the role of chief financial officer. Oliver previously served as chief accounting officer at Silverstein Properties Inc. and as an accounting director at Forest City Ratner Cos. In her new role, Oliver will be responsible for LMC’s finance, accounting, budgeting, credit, cash management and lease administration functions.

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Company newsNewsWisconsin

Batteries Plus Signs 17-Unit Franchise Agreement, Opens Eight New Locations

by Abby Cox

Hartland, Wis. — Hartland, Wisconsin-based Batteries Plus has signed a franchise agreement to open 17 new units in several locations across the U.S., including Hawaii, Florida, New Jersey and Texas. The retailer is on pace to have locations open and under development in all 50 states by the end of the year, with Hawaii marking its 48th. Additionally, Batteries Plus has opened eight more stores during the first quarter of 2025 in Arkansas, Georgia, Michigan, Minnesota, New Jersey, South Carolina and Texas.

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Company newsNewsTexas

IKEA Expands with Three Small Format Store Locations in Texas

by Abby Cox

Conshohocken, Pa. — Swedish home furnishings retailer IKEA is expanding to Texas with three small format stores, dubbed “city stores.” The first store, a 35,000-square-foot outpost will open this spring at San Mar Plaza in San Marcos, Texas, while a second store in Rockwell, Texas — which will comprise 108,875 square feet — is scheduled to open in December, according to CultureMap Dallas. IKEA Dallas – University Park, the third small-format store, will be located at The Shops at Park Lane in Dallas, which is scheduled to open in late …

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Sam's Club
ArkansasCompany newsDevelopmentNews

Sam’s Club to Remodel All 600 Stores, Plans to Expand

by Abby Cox

Bentonville, Ark. — Sam’s Club, a division of Walmart, has announced plans to remodel all 600 of its existing membership-based stores nationwide. As part of its long-term strategy, Sam’s Club will also open 30 new locations over the next several years while building a pipeline to begin opening 15 new clubs annually. This marks the first expansion since 2017 after Sam’s Club closed 62 locations in 2018. The stores will be modeled after the Grapevine, Texas, location, which opened in December 2024. The new locations will span 160,000 square feet …

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Company newsNewsNorth Carolina

Big Lots Stores to Reopen Under New Ownership

by Abby Cox

Henderson, N.C. — Henderson, North Carolina-based Variety Wholesalers has announced the first wave of reopenings for its newly obtained Big Lots locations. After Ohio-based Big Lots filed for Chapter 11 bankruptcy protection in September 2024, Variety Wholesalers acquired 219 Big Lots stores. Beginning April 10, nine stores will reopen across six states including Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia. The remodeled stores will feature a selection of closeout deals, new merchandise categories, apparel and electronics. Variety Wholesalers will reopen the remaining acquired locations in subsequent waves. Approximately 55 …

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Santa Monica Place
CaliforniaCompany newsNews

Prism Places to Manage Santa Monica Place

by Abby Cox

Santa Monica, Calif. — Prism Places has been selected to provide management services for Santa Monica Place, a 527,000-square-foot retail center in Santa Monica. Trigild was appointed the receiver of property in March 2025 after the center’s former owner, Macerich, defaulted on its $300 million loan in 2024. Originally designed by Frank Gehry, the center — which underwent a $265 million renovation in 2010 — features a variety of stores such as Free People, Tesla, Nike, Rolex and Uniqlo. Prism Places also manages Pasadena Commons, Paseo Nuevo in Santa Barbara …

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Hooters
Company newsFinanceNews

Hooters Files for Chapter 11 Bankruptcy, Plans to Remain Open

by Abby Cox

Atlanta — HOA Restaurant Group, parent company of restaurant chain Hooters, has filed for Chapter 11 bankruptcy protection, entering into a Restructuring Support Agreement (RSA) that will facilitate the continued operation of the company’s restaurants under new ownership. A partnership between two existing Hooters franchises, Hooters Inc. and Hoot Owl Restaurants, reached an agreement with Hooters of America (HOA), to acquire more than 100 HOA-owned Hooters restaurants, which, when added with the franchisees’ existing holdings, will account for approximately 70 percent of Hooters’ domestic locations. Upon completion of the Chapter 11 …

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Dutch Bros Coffee
Architecture and DesignCompany newsDevelopmentNewsOregon

Dutch Bros Coffee Aims to Double Store Count to 2,029 Locations by 2029

by Abby Cox

Grants Pass, Ore. — A little over a month after unveiling its 1,000th retail location, drive-thru coffee chain Dutch Bros Inc. is expanding its operations with goals to reach 2,029 shops by 2029. Originating in 1992 as a pushcart by the railroad tracks in downtown Grants Pass, Dutch Bros opened its first franchise in 2000. Dutch Bros Coffee now has a significant presence in the Pacific Northwest and is expanding with more locations across the United States, moving eastward to Florida, Texas, Oklahoma and Georgia. Looking further out, Dutch Bros …

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