REAL ESTATE

Newk’s Eatery enters San Antonio, plans 30 new stores

BY Dan Berthiaume

Jackson, Miss. – Newk’s Eatery is entering the San Antonio, Texas area as part of a broader expansion plan that includes 30 new franchise and corporate stores in 2015. The fast-casual dining chain has signed a franchise agreement with Stephen Kuehler, who will lead the chain's expansion into the San Antonio area.

Kuehler will open his first Newk's in New Braunfels, Texas, and plans to open two additional restaurants in north San Antonio and the surrounding area. Newk’s currently has 77 units in 13 states, predominantly in the Southeast.

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REAL ESTATE

Retailers in expansion mode

BY Marianne Wilson

New York — Retailers making headlines with store expansion plans for 2015 include a mix of global players as well as some familiar national brands. Here’s an update:

• Famed British toy retailer Hamleys is coming across the pond. The 225-year old company is looking at a multiple store roll-out throughout the United States. Hamleys, which has 49 stores across 17 countries in Europe, Asia and the Middle East, is most famous for its seven-story location on Regent Street in London.


• British women’s activewear brand Sweaty Betty plans to expand its U.S. footprint, and has received a strategic growth investment from U.S. private equity firm Catterton to that end. It currently operates 40 plus stores in the United Kingdom, and two in the United States, where it recently launched a website.


• Fast-fashion giants H&M and Forever 21 are in full expansion mode. Forever 21 has plans to open 600 stores over the next three years; Swedish powerhouse H&M has committed to 400 global stores in 2015, with an emphasis on the United States and China.

• For GNC, 2015 is a year of expansion. The retailer plans to open 125 total net new domestic (including both company-owned and franchised stores), and approximately 30 net new GNC-Rite Aid store-within-a-store locations.


• Whole Foods Market hole Foods Market has set itself an ambitious agenda for 2015 with 38 to 42 new store openings, and 200 store refreshes.

• Tractor Supply Company will open 110 to 115 stores and build a new Southwest distribution center, in Casa Grande, Arizona. Tractor Supply Company has increased its domestic store growth target to 2,500 stores from 2,100 stores.

• Fast-casual restaurant chain Newk's Eatery plans to open nearly 30 new corporate and franchised locations.

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OPERATIONS

Johnny Rockets names Peter Piper head as CEO

BY Dan Berthiaume

Aliso Viejo, Calif. – Johnny Rockets has named Charles Bruce as the company's new president and CEO. Bruce brings to Johnny Rockets more than 35 years of experience in marketing and leadership positions, most recently as president and CEO of Peter Piper Pizza,

Earlier in his career, Bruce held marketing and brand strategy positions with the International Pizza Hut Franchise Holders Association as VP of marketing, and at Wendy's as VP of international marketing.

Bruce also held positions at Damon's Grill, Captain D's Seafood and Salsarita's Fresh Cantina.

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