REAL ESTATE

Smoothie King to open 100 stores in 2013

BY Katherine Boccaccio

New Orleans — Smoothie King Franchises said Monday it plans to open 70 franchise and 30 corporate locations across the U.S. in 2013.

Since December 2012, the smoothie franchise has acquired six additional locations in Florida and Texas, bringing the total number of corporate stores to seven. The company also has opened six new franchise locations since the start of the year.

Smoothie King said it is on track to sign 100 new U.S. franchise agreements this year. Additionally, the company has plans to open 50 new international stores, including 40 in South Korea and 10 in Singapore.

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OPERATIONS

Family Dollar names merchandise operations exec

BY Marianne Wilson

Matthews, N.C. — Family Dollar Stores said Monday it has named Scott T. Zucker to the newly created position of SVP merchandise operations, charged with driving the strategy and execution of merchandise initiatives, category management, merchandise planning and replenishment.

Zucker, who joined Family Dollar in 2006 as divisional VP pricing, was promoted a year later to VP merchandise operations and most recently served as VP IT solutions.

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OPERATIONS

Ascena names chief merchant for Maurices

BY Staff Writer

Suffern, N.Y. — Ascena Retail Group, parent to the Lane Bryant, Maurices and Dressbarn banners among others, said Monday it has named Erin Stern EVP and chief merchandising officer of its Maurices brand, effective April 15.

Stern spent the majority of her career at Gap in the Old Navy division, and also served as chief merchant for Juicy Couture and president of Bebe Sport.

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