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Quaker Steak & Lube on track to open 11 restaurants in 2012

BY Katherine Boccaccio

Sharon, Pa. — Casual-dining chain Quaker Steak & Lube said Monday it has opened its 50th restaurant in Lakewood, Ohio, and is on track to open 10 additional restaurants this year. The brandalsowill be expanding to six new markets with five franchise groups over the next several years.

"Over the past six months, we signed agreements to develop 11 new restaurants around the country, including three corporate locations in Texas," said John Longstreet, president and CEO.

A multi-unit franchise agreement was signed with Blue Sky Development to develop three franchised restaurants in Fargo, N.D., and Rapid City and Sioux Falls, S.D. The company also announced plans to develop one new franchised restaurant in Waco, Texas, this fall, three corporate-owned locations in Dallas-Ft. Worth by 2014, and an area development agreement for three new franchised restaurants throughout Philadelphia over the next several years.

Additionally, restaurants are planned to open later this year in New Jersey, Kentucky, South Carolina, Ohio, and Pennsylvania.

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Kinney Drugs to join StoreBoard billboard network

BY Staff Writer

New York City — StoreBoard said Monday that Kinney Drugs has joined its in-store billboard network.

Under terms of the agreement, StoreBoard Media will place its billboards on the security pedestals at the entranceways to Kinney Drugs’ 94 stores in central and northern New York and Vermont.

"StoreBoard Media offers an attractive value proposition in that they take a nondescript structure — entranceway security pedestals – and help improve our sales and revenue with branded messaging," said Jim Wuest, VP marketing for Kinney Drugs.

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Former Sports Authority CEO named chair of RYU

BY Staff Writer

Las Vegas — Former Sports Authority chief David Campisi has been named chairman and CEO of Respect Your Universe, a performance apparel company.

Campisi joined the RYU board of directors in March of 2012. He served as chairman and CEO of Sports Authority from 2004 to 2011, where he was responsible for implementing new strategic imperatives, bringing $100 million in e-commerce business in-house, negotiating long-term multimillion dollar deals to acquire naming rights for the Bronco’s stadium in Denver, and establishing two major foundations for the Sports Authority, including the "Sports Authority Foundation" and "Pass the Good Foundation."

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