REAL ESTATE

Wegmans plans 10 new stores

BY Dan Berthiaume

Rochester, N.Y. – Wegmans Food Markets Inc. plans to open 10 new stores in the Northeast and mid-Atlantic regions. The stores include one in Maryland, two in Massachusetts, two in New Jersey, one in Pennsylvania, and four in Virginia.

Wegmans already has stores in all these states. The retailer says it will continue to upgrade or replace older stores in our more mature markets, like New York. There are other sites Wegmans is working on, but is not at liberty to disclose as yet, and some of the announced locations are subject to final negotiation or municipal approval.

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REAL ESTATE

Jamba Juice plans 500 new U.S. stores

BY Dan Berthiaume

Emeryville, Calif. – Jamba Inc., parent company of the Jamba Juice chain, is launching a new franchise recruiting campaign focused on single-store development in existing and new domestic markets. Jamba is looking to add 500 new domestic stores in the next five years and double year-over-year store development via the new recruiting program.

The recruitment effort will be communicated through an aggressive marketing campaign that will leverage print and online media, PR and a multiple-market road show aimed at attracting potential local franchise owners. Jamba is also offering incentives for new partners who agree to meet specific development criteria. Incentives include a 50% reduction in initial franchise fees, and a three-year graduated royalty reduction plan.

Jamba Juice currently has 854 stores globally, of which 551 are franchise-owned and operated.

Throughout August and September, Jamba will host franchise recruiting roadshows in Baltimore, and Washington, D.C. areas, Dallas, Atlanta, Manhattan, Northern New Jersey, and Raleigh/Durham, North Carolina.

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Whole Foods to join Regency center in Indiana

BY Dan Berthiaume

Chicago – Regency Centers Corporation is starting construction on a new 40,000-sq.-ft.Whole Foods Market. The new store, located 25 miles from downtown Chicago in Schererville, Ind., is projected to open in the fall of 2015, joining existing tenants Homegoods, Gordmans, Ross Dress for Less, DSW Designer Shoe Warehouse and many others.

The Shops on Main center is located along Schererville’s main corridor at the high-volume intersection of Route 41 and Main Street. The center sits in a prime location of a thriving market with more than 100,000 residents living within the primary trade area. Whole Foods is joining the center’s second phase of development.

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