Monday, May 16, 2022

Anthropologie sets up shop — at the Jersey shore

CSA
Anthropologie is beaching it for the summer. The Reeds at Shelter Haven, a luxury boutique hotel in Stone Harbor, N.J., is once again partnering with the apparel and home goods retailer to open Anthropologie at The Reeds. The pop-up will feature a curated selection of beach favorites inspired by the coastal locale.. . . more

PREIT’s Joe Coradino on 21st Century Malls

CSA
When Joe Coradino took the helm of big mall owner PREIT nearly a decade ago, he set a line at an average sales per sq. ft. of at least $500 per center. If a property fell below, it’s future opportunity was evaluated and properties with a weak outlook were disposed. In March of this year, following two years of limited social interaction and month of closed doors a, PREIT’s portfolio-wide sales per sq. ft. average hit $618, a record high for the company. . . . more

Whole Foods Market expanding in NYC

CSA
Whole Foods Market continues to expand in the Big Apple — and in cities in general.
The grocer will open a 54,000-sq.-ft. store in Manhattan’s NoMad (North of Madison Square Park) neighborhood on June 1. . . . more

Framebridge opens second Boston-area store in brick-and-mortar push

BBJ
Like other online retailers that have opened physical stores, Framebridge had lots data about where its customers live to help figure out where it should locate stores.That insight led Framebridge to Boston as one of its first markets in its so-called clicks-to-bricks expansion.. . . more

Friday, May 13, 2022

South American retailer buying majority stake in The Fresh Market for $675 million

CSA
The Fresh Market Holdings is being acquired in a deal that marks its new owner’s entry into the U.S. market. . . . more

Robots in Restaurants—No Longer Just a Fantasy

QSR
Are the days numbered when it comes to blaming order mix-ups on human error? . . more

Wendy's Holds Steady in Face of Historic Inflation

QSR
Inflation and higher prices are hardly a Wendy’s-specific story. . . more

Grocery Outlet posts 10.5% net sales gain for Q1

Supermarket News
After cycling pandemic-related gains a year ago, Grocery Outlet Holding Corp. got back on the sales growth track in the fiscal 2022 first quarter. . . more

Best Buy just launched a $200 home pick-up recycling program. Is it necessary?

Retail Dive
Best Buy wants to keep electronics out of landfills — for a price. . . . more

Canadian retailer Showcase to open 27 U.S. stores by end of summer

CSA
A specialty retailer and product developer that bills itself as “Home of the Hottest Trends” is expanding its U.S. footprint. . . . more

Mango opens NYC flagship; details U.S. expansion through 2024

CSA
Mango is accelerating its U.S. expansion, starting with a Big Apple flagship. . . . more

Thursday, May 12, 2022

Five Below to make its outlet center debut

CSA
Five Below is expanding into the outlet channel. . . . more

Walgreens replaced some fridge doors with screens. And some shoppers absolutely hate it

CNN Business
Walgreens and other retailers have swapped out the clear fridge and freezer doors at thousands of stores, instead adding opaque doors with iPad-like screens showing what's inside. Some customers really, really aren't into it. . . more

Why every Costco product is called 'Kirkland Signature'

CNN Business
Costco's Kirkland Signature brand is perhaps America's weirdest private label. You can put Kirkland Signature AA batteries alongside Kirkland Signature cashews in your shopping cart. . . more

Ahold Delhaize U.S. comparable sales rise 4.1% in first quarter

Super Market News
Global food retailer Ahold Delhaize got off to a solid start in fiscal 2022 with first-quarter net and comparable sales gains atop prior-year growth in the United States, its largest business unit. . . . more

Sally Beauty updates mobile app to offer 2-hour delivery with DoorDash

Retail Dive
To better serve online shoppers, Sally Beauty is expanding its DoorDash partnership to provide a two-hour delivery option via its mobile app, CEO Denise Paulonis said during the company’s second quarter earnings call earlier this month, per a Seeking Alpha transcript. . . . more

Best Buy to double outlet store count; four upcoming locations announced

CSA
Best Buy is going after shoppers looking for a bargain. . . . more

Jeff Edison: Why America Loves Grocery

CSA
Convenience, proximity, and resilience. Those are the three great reasons why grocery-anchored centers lift neighborhoods and co-tenants, according to Jeff Edison. . . . more

Wednesday, May 11, 2022

Clean Juice Signs 200th Store

QSR
Clean Juice, the first and only national USDA-certified organic juice bar franchise, and quick-service restaurant announced the signing of the brand’s 200th unit in less than seven years of franchising. . . . more

Wing Zone, Wavemaker Labs launch automated restaurant pilot

Restaurant Dive
Wavemaker Labs on Tuesday announced the launch of Wing Zone Labs in collaboration with chicken wing concept Wing Zone. . . . more

Ikea to invest more than $3B in stores

Retail Dive
Ingka Group, Ikea’s largest franchisee, on Monday announced it would invest more than 3 billion euros, or about $3.2 billion at press time, in its stores. . . . more

Simon Property Group ‘focused internally’ as short-term leases rise

Retail Dive
Simon Property Group on Monday reported strong momentum in leasing and sales during its first quarter, in an environment and business model with elevated volatility. . . . more

DSW debuts store of the future design

CSA
DSW is reimagining its store design with a new, smaller-size concept that puts the spotlight on its owned brands. . . . more

Water lifestyle brand launching aggressive store expansion

CSA
Bote is looking to make a splash in brick-and-mortar. . . . more

Carl’s, Hardee’s parent investing $500 million in physical, digital transformations

CSA
CKE Restaurants Holdings is investing in a “fresh start.” . . . more

Tuesday, May 10, 2022

Amazon Go Begins Suburban Expansion

CStore Decisions
Amazon Go’s newest location recently opened in Mill Creek, Wash., outside of Seattle, according to the Seattle Times. The 6,150-square-foot c-store is Amazon Go’s first suburban location and features over 1,300 products. . . more

Shake Shack's Development Dreams Heat Up

QSR
In recent months, a number of quick-service chains re-evaluated their whitespace and came back with more ambitious development benchmarks. . . . more

Starbucks eyes providing a ‘third place’ – in the metaverse

CSA
Starbucks Corp. intends to utilize Web 3.0 technologies to establish a strong foothold in the emerging metaverse. . . . more

Party City loss widens amid elevated costs; ‘headwinds’ to continue

CSA
Party City Holdco Inc. reported a bigger-than-expected first-quarter loss as supply chain and inflationary challenges took a bite out of its bottom line. . . more

Monday, May 9, 2022

Target offers in-store finger nail painting — by a robot

CSA
Target Corp. is testing a new type of beauty service. . . . more

Is QDOBA on the Verge of a Massive Breakthrough?

QSR
Jim Sullivan, chief development officer at QDOBA, says his brand is a sleeping giant. The Mexican fast-casual franchisor lays claim to being the largest of its kind, with 740 units, and yet still has a lot of room for growth. . . more

Subway's Sales Inch Up On The Strength Of Its New Menu

Restaurant Business
Subway had been working on a menu overhaul for two years when its new platform, “Eat Fresh Refresh,” launched last July. It all began with the bread. . . more

90% of new Starbucks stores will have drive-thrus

Retail Dive
Starbucks will accelerate its new store growth, outfitting 90% of new stores with a drive-thru, interim CEO Howard Schultz said Tuesday during an earnings call. . . . more

CycleBar Opens 250th Studio

Franchising.com
CycleBar announced today it has opened its 250th studio. . . . more

Friday, May 6, 2022

Malden’s Gaming District puts its downtown in play

Boston Globe
When James Cobalt first moved to Malden 12 years ago, he was just a guy that liked games and stunts. . . . more

Mace and Grady of KeyPoint Partners handle 7,000 s/f lease to LocalWorks

NEREJ
KeyPoint Partners (KPP) negotiated a lease with LocalWorks at 626 Massachusetts Ave. Vice presidents of leasing Don Mace and Rob Grady represented Cambridge Savings Bank in the transaction. . . . more

Mothers Day Spending Will Reach $32 Billion, Here’s What Moms Want

Forbes
Mother’s Day spending is expected to total $31.7 billion this year, up 13% from 2021 according to the annual consumer survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. . . . more

Papa John’s plans to open as many as 1,800 more stores by 2025

Restaurant Business
Papa John’s on Thursday raised its projections for global unit growth, saying it expects to open as many as 1,800 net new restaurants worldwide over the next four years as franchisees ramp up development following strong sales growth. . . more

Inside Starbucks' Billion-Dollar Plan to Catch Up After COVID

QSR
Companies spend hundreds of millions to have one of the problems facing Starbucks, CEO Howard Schultz said. . . . more

Sweetgreen's New Restaurant Concept Goes Fully Digital

QSR
Sweetgreen’s path to 1,000 locations is hardly going to roll in a straight line. In March, the fast casual lifted the curtain on its first drive-thru—a boldly designed “sweetlane” build that featured a round observation window and order-ahead capability. . . . more

Burger King Sheds Light on 'Reclaim the Flame' Comeback Plan

QSR
In February, Tom Curtis, Burger King’s president of U.S. and Canada, unveiled quite the turnaround plan for one of the country’s most recognizable burger brands. . . . more

Rite Aid joins ‘buy now, pay later’ trend

CSA
Rite Aid Corp. is offering online shoppers a new way to make installment payments on purchases. . . more

Shipley Do-Nuts chain ramps up expansion

CSA
Shipley Do-Nuts has Georgia on it mind. . . more

Wednesday, May 4, 2022

Report: High gas prices are affecting restaurant foot traffic

Restaurant Dive
February restaurant visits fell and diners drove shorter distances to visit QSRs and full-service restaurants due to rising gas prices, a report from Placer.ai shows. . . . more

Toast checks into hotels

Restaurant Dive
Toast has added Toast for Hotel Restaurants, a product aimed at helping hotel restaurant operators streamline their operations, increase revenue and process room charges directly from the point-of-sale.. . . more

Dog Haus Signs 15-Unit Deal to Spread The Absolute Würst Across Maryland

Restaurant News Release
Dog Haus is continuing its rapid growth in 2022 as the award-winning concept sets its sights on aggressive expansion in the Old Line State. . . . more

Tire Discounters Continues to Expand

MTD
Cincinnati, Ohio-based Tire Discounters Inc. has acquired Virginia-based Thompson Tire. The deal, which includes seven retail stores and a commercial tire center, gives Tire Discounters 12 outlets in Virginia. . . more

A third of small retailers can’t pay rent as financial struggles spike again

Retail Dive
The share of small retail businesses that couldn’t make rent rose to 34% in April, up six percentage points from February, according to survey data from Alignable. . . more

Old Navy tops lists of consumers’ favorite ‘fitting’ brands

CSA
U.S. retailers took four of the five top spots in a global survey of the best-fitting brands. . . . more

Check out Whole Foods Market’s new skyscraper store

CSA
Whole Foods Market has unveiled its new Chicago location. . . . more

Tuesday, May 3, 2022

Ghost Kitchens: Here to Stay or Ready to Disappear?

QSR
Over the past two years, the pandemic has made a major impact on the restaurant industry and how it has operated. . . more

Mighty Squirrel Brewing Co. Opens Biergarten at Arsenal Yards in Watertown

NECN
A brewery in Waltham has debuted a new outdoor space in a growing development a few miles to the east. . . . more

Burger King parent earnings beat estimates as revenue climbs 15%

CNBC Business
Restaurant Brands International on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by strong same-store sales growth from Burger King’s overseas restaurants. . . . more

Reef pursues ownership stake in pizza concept

Restaurant Dive
Reef Kitchens is seeking an ownership stake in 800 Degrees Go, a joint venture between restaurant chain 800 Degrees and robotics company Piestro, 800 Degrees Go announced Thursday. . . more

How Domino’s plans to get its US business back on track

Restaurant Dive
2022 is shaping up to be a difficult year for Domino’s U.S. business. Same-store sales fell 3.6%, the sharpest drop in years, due to the impact of inflation and a shortage of delivery drivers. . . . more

At Home expands store footprint

CSA
At Home’s national expansion continues — including in New York City. . . . more

Wave goodbye: Lab, offices proposed for Natick Mall’s Neiman Marcus

BBJ
An affiliate of The Bulfinch Cos. Inc. is seeking to add another floor onto the Neiman Marcus store at the Natick Mall and to convert the property into a lab-and-office building. . . . more

Monday, May 2, 2022

Cinnabon, Carvel to Form Ultimate Sweet Treat Concept

QSR
The love for Cinnabon is strong, says Kristen Hartman, president of special category at Focus Brands. . . . more

Bobby Flay's Burger Concept Looks to Disrupt Franchising Segment

QSR
From television shows to cookbooks and restaurants, Bobby Flay’s name has become an international brand. . . . more

Popeyes at 50 Has Never Looked Better

QSR
Brand president Sami Siddiqui likes to say Popeyes is “50 years young.” While that might sound like something people profess at a weekend barbecue, there’s real weight behind it. . . . more

BJ’s Wholesale sets opening date for new concept

CSA
BJ’s Wholesale Club is going smaller — by almost half. . . . more

First Look: Academy Sports + Outdoors opens its first store in two years

CSA
Academy Sports + Outdoors has restarted its expansion. . . . more

Whole Foods closing six stores nationwide, including Massachusetts location

Boston 25
Whole Foods Market is closing six of its stores across the country, including one location in Massachusetts. . . . more

The top 5 casual dining spots in Massachusetts and New Hamsphire

Boston 25
The weekend ahead is looking perfect to get outside and have some fun. . . . more