REAL ESTATE

Wingstop to open 14 new restaurants in Chicago

BY Katherine Boccaccio

Richardson, Texas — Wingstop said Wednesday that it has signed two development agreements that will result in 14 new restaurants in the Chicago area.

The multi-unit development agreements include a three-store deal with an existing franchise group and an 11-store deal with Chicagoland Wing Kings.

“We expect to double our presence in the area over the next two to three years," said Bev Rich, senior director of franchise development, Wingstop.

Wingstop currently has 19 restaurants in the Chicago area.

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REAL ESTATE

Disney Store announces 2012 store opening plans

BY Katherine Boccaccio

Pasadena, Calif. — The Disney Store on Tuesday announced its 2012 store opening plans, which includes 13 new and remodeled locations in North America, and the company’s first ever store in China, opening in the fall in Shanghai.

The North American openings include the debut of Disney’s new interactive store format in the states of Colorado, Connecticut, Delaware, Utah and Virginia.

In Japan, the city of Sendai recently held the grand opening of its first newly designed location, and Disney Store in Milan, Italy will host the grand opening of its newly designed store in February 2012.

“We have laid a solid foundation and set a new standard for specialty retailers since launching our new store design in 2010,” said Paul Gainer, senior VP of Disney Store North America. “Our momentum continues to grow, and with the partnerships we have built with our landlords we have our best store opening slate to date, opening in premiere locations across the United States and Canada.”

Remodel and relocation plans in the United States and Canada call for a relocation of the Disney Store in Glendale (Calif.) Galleria that will reopen in the new design, a relocation of the Ala Moana Center store in Honolulu that will also debut with the new design – the first in Hawaii – and the remodels and relocations of stores in Tyson’s Corner Center in McLean, Va.; Christiana Mall in Newark, Del.; South Coast Plaza in Costa Mesa, Calif.; Queens Center in Elmhurst, N.Y.; West Field Valley Fair Mall in Santa Clara, Calif.; and Westfield Valencia Town Center in Valencia, Calif.

New locations include Park Meadows Mall in Lonetree (Denver), Colo.; City Creek Center in Salt Lake City; Mall at Millenia in Orlando; Scarborough Town Centre in Scarborough, Ontario, Canada; and Danbury Fair Mall in Danbury, Conn.

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REAL ESTATE

Aaron’s appoints VP real estate and construction

BY Staff Writer

Atlanta — Aaron’s announced that Jeannie M. Cave has been hired as the company’s new VP real estate and construction. She will be responsible for a number of activities including the development of strategies that support Aaron’s real estate goals and the management of the company’s real estate portfolio for both company-operated and franchised stores.

Cave brings 10 years of leadership experience from Cox Enterprises.

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