OPERATIONS

Action Services Group names Fairley VP

BY Staff Writer

Aston, Pa. – National lighting, sign and electrical maintenance and service company Action Services Group has named Joe Fairley as VP of account solutions. Fairley will be responsible for Action Services Group’s national sales development and sales management of the account solutions team. He has more than 20 years of experience in facility services.

“Joe’s experience in the markets that Action Services Group addresses, including retail, restaurant, grocery, convenience stores, healthcare, hospitality and other commercial verticals, will be a great asset to our company and to our growth. We are now exceptionally positioned for accelerated growth with an outstanding team in place,” said Ted Stouch, president of Action Services Group.

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REAL ESTATE

Krispy Kreme refranchises Dallas

BY Staff Writer

Winston-Salem, N.C. – Krispy Kreme Doughnut Corporation has entered into a letter of intent with an affiliate of Sun Holdings, LLC for the sale of three company-owned shops in Dallas, and for Sun Holdings’ further development of the Dallas market. The sale of the stores is subject to conditions, including the execution of a definitive asset purchase agreement and a development agreement pursuant to which Sun Holdings would undertake the further development of new Krispy Kreme shops in Dallas.

“Execution of the letter of intent with Sun Holdings represents another step forward in our plans to accelerate the pace of domestic franchise expansion,” said Cindy Bay, senior VP of US stores for Krispy Kreme. “We look forward to announcing the execution of definitive agreements for the Dallas market.”

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REAL ESTATE

Shopko plans five new Shopko Hometown stores

BY Dan Berthiaume

Green Bay, Wis. – Shopko intends to open five stores under its Shopko Hometown banner in Afton, Wyo., St. Peter, Minn., and Winneconne, Ellsworth and Tomahawk, Wis., in late fall of this year.

The Shopko Hometown format is designed to serve smaller rural communities with the same product assortments available in larger areas and Shopko currently operates more than 180 stores in this format.

"We’re excited to bring Shopko Hometown to these great communities," said interim CEO and COO Mike Bettiga. "We understand that consumers in smaller towns are looking for the same variety of high quality goods and trend-right merchandise."

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