Category Archives: News

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Marco’s Pizza outlines national growth plans

Marco’s Pizza is closing in on opening its 1,000th unit in its quest to move from sixth to fourth on the list of the country’s biggest pizza chains. The Ohio-based chain has 965 restaurants in 34 states and plans call …

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Costco kicks off summer with store opening plans

Costco will open five new US stores this summer, as well as one each in Australia and Japan, following strong sales growth during the pandemic that has continued into this year. The retailer operates more than 800 global locations, including …

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Freddy’s new format focuses on takeout

Quickserve burger chain Freddy’s Frozen Custard & Steakburgers has begun construction on a new store format designed to serve customers taking their food to-go. The new Salina, Kansas unit will feature a double drive-thru, a walk-up window, patio seating and …

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Lidl, ALDI pushing ahead with US growth plans

Lidl and ALDI are continuing their robust US growth, with Lidl launching three new locations in Georgia, Maryland and New Jersey. ALDI, meanwhile, has started hiring people for four stores planned in the New Orleans metro area in its ongoing …

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Hotel rebound accelerates with “vengeance”

Hotel industry recovery is making its long climb back faster than expected, observers say, crediting “revenge travel” — the making up of trips lost to the pandemic. But while occupancy reportedly reached 83%, its highest level since October of 2019, …

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Whole Foods focuses on local at latest store

Whole Foods Market will debut a “hyper-local” format for a new 48,000-square-foot location in Tampa, Florida when it opens July 7, part of the grocer’s accelerated expansion that could see 40 more stores added into 2022. The new Tampa site …

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Department stores, malls look to evolve

Department stores have faced challenges in recent years, a trend that was exacerbated by the pandemic, and Coresight Research notes that 1,347 of these stores closed in 2020. Department stores will have to evolve their offerings, and malls are pivoting …

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Big Lots to add new stores

Big Lots will open 20 net new stores this year as part of an expansion plan begun in 2019 that has helped drive sales growth. Sales at the discount retailer grew 13% to $1.6 billion in the quarter ending May …

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Microsoft to dip a toe back into retail

Microsoft Experience Centers in New York City, London and Sydney will start selling the brand’s products next month, marking Microsoft‘s return to brick-and-mortar retail on a smaller scale. The company shuttered its global stores last year amid the pandemic with …

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Construction to start soon on casino inside NY mall

Resorts World‘s plans to build a casino in New York’s Newburgh Mall were approved by town officials, clearing the way for construction to begin as early as this summer. Resorts World executives predict construction will take six to 12 months, …

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