REAL ESTATE

Pearle Vision seeks to license four Orlando stores

BY Dan Berthiaume

Mason, Ohio – Pearle Vision plans to convert four of its stores in Orlando, Fla., from company-owned to licensees. Pearle Vision is currently seeking qualified candidates who are interested in owning and operating a Pearle Vision store to purchase four existing locations for sale in Orlando.

This is part of the company’s 2013 expansion plans to re-license 34 company-owned centers in 10 states. Pearle Vision is now seeking to grow its national footprint and has identified development opportunities in markets from coast-to-coast. In addition, corporate-owned locations in markets such as Florida, Michigan and Ohio also are available.

"To date, we have re-licensed 21 neighborhood eye care centers in markets across the country, giving entrepreneurs the opportunity to own their own business," said Srinivas Kumar, senior VP and GM, Pearle Vision. "Pearle Vision has a 50-year legacy of providing genuine eye care to our patients. As we continue to grow, we’re searching for qualified licensees in Orlando with a passion for their local communities to join the Pearle Vision family."

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REAL ESTATE

Dunkin’ Donuts plans 12 new Detroit-area stores

BY Dan Berthiaume

Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with three existing franchise groups to develop 12 new restaurants in Detroit during the next several years. Existing franchise group Coffee Ventures, LLC plans to develop seven restaurants in suburban Detroit between 2014 and 2017, while existing Detroit franchisees Tarun and Falguni Raval plan to develop one restaurant in Detroit in 2014 and existing Detroit franchisees Nick and Masoud Shango plan to develop four restaurants in Detroit between 2014 and 2016.

Detroit is currently home to 53 restaurants and Dunkin’ Donuts is pursuing opportunities to further develop the market with both existing and new franchisees. Dunkin’ Donuts’ new look includes four distinct restaurant design options for franchisees, each featuring variations in layout, color schemes, graphics, textures, furniture and/or lighting. Dunkin’ Donuts allows franchisees to select individual elements from any of the four options, creating a restaurant design that reflects their personal tastes and preferences, and best serves their specific restaurant size and location.

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Nespresso opens in-store shop at Macy’s Herald Square

BY Dan Berthiaume

New York – Nespresso is opening an in-store “Boutique-in-Shop” at the Macy’s Herald Square on 34th Street in New York City. Nespresso coffee specialists will be present to offer demonstrations of Nespresso machines and guide customers through the profiles of the 21 Grand Cru coffees.

This is the second Nespresso Boutique-in-Shop within a Macy’s store.

We are excited to continue our partnership with Macy’s and offer the ultimate coffee experience to shoppers in their iconic New York City location," said Frederic Levy, president, Nespresso USA. "Macy’s is a valued partner whom we look forward to working with as we grow our presence in the U.S."

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