Dunkin’ Donuts announces agreement for 16 new locations across Florida
Canton, Mass. — Dunkin’ Donuts has signed agreements with four franchisees to develop 16 restaurants in Tampa, Orlando and Tallahassee over the next several years.
Dunkin’ Donuts development throughout Florida is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country.
"The Sunshine State is a priority growth market for Dunkin’ Donuts in 2011 and we’re excited to expand our footprint in three key markets," said Grant Benson, CFE, VP franchising and market planning, Dunkin’ Brands.
Sears announces executive appointment
Hoffman Estates, Ill. — Sears Holdings announced today retail veteran Chris Capuano will join the company as senior VP and president — Home Fashions. She will be responsible for the oversight, leadership and growth of the in-store and online merchandising of home fashions in both the Sears and Kmart formats.
Capuano most recently served as executive VP GMM – Home and Footwear at Kohl’s.
Men’s Wearhouse COO to replace founder as CEO
Houston — Men’s Wearhouse said its president and COO, Douglas Ewert, will replace company founder George Zimmer as CEO in mid-2011.
Zimmer, 62, who founded Men’s Wearhouse in 1973, will remain executive chairman of the board. The company said he would help Ewert with "strategic direction" for Men’s Wearhouse and keep a hand in marketing decisions.
Said Zimmer, “For the past 37 years, I have emphasized that continuity and culture are a vital part of our ability to serve customers. This orderly approach is designed to enhance both continuity and culture.”
Ewert has been president and COO of Men’s Wearhouse since 2008.
The COO position will not be filled after Ewert’s promotion.
The succession plan for Men’s Wearhouse comes after recent efforts to diversify its business.