Tag Archives: constructionbusiness

Shaq’s Big Chicken bets on franchisees for growth

Shaquille O’Neal and partners JRS Hospitality and Authentic Brands have mapped an aggressive growth plan for Shaq’s Big Chicken, a concept created by the basketball star in 2018. The chain has started a new franchising program and plans to grow …

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Chef Tetsuya Wakuda to debut Japan-themed concept

Multibrand operator 50 Eggs Hospitality Group will team with Michelin-starred chef Tetsuya Wakuda to launch Wakuda, a new concept that will open locations in both Las Vegas and Singapore in 2022. The Las Vegas location will fill a 12,000-square-foot space …

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50-year-old Atlanta mall to convert mostly to offices

Developers and city, county and state officials gathered on the 50th anniversary of Atlanta’s Northlake Mall to celebrate a different future that will see Macy’s remain as a retail anchor and Emory Healthcare lease 240,000 square feet as a corporate …

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Report: Fast-casuals’ focus on off-premises pays off

Fast-casual chains saw traffic return during the summer after declines that started with the pandemic last year, according to NPD Group, which credits increased off-premises efforts for the rebound. Fast-casual traffic grew 8% in August from the same month last …

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TGI Fridays to grow ghost kitchens with Reef

TGI Fridays has teamed with ghost kitchen operator Reef Technology on a plan to create delivery-only locations for the casual dining brand in as many as 300 global locations, starting with Reef’s hometown of Miami. Reef has been in expansion …

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Tropical Smoothie Cafe’s plans to open 150 units in 2022

Traditional franchise openings underpin Tropical Smoothie Cafe‘s plans to open 150 units in 2022, up from its goal of 130 units this year. QSR

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Best Buy to acquire tech firm Current Health

Best Buy will acquire UK tech firm Current Health, as the retailer moves further into the health care category. Current Health, which works with telehealth and remote patient monitoring, will join a roster of health care acquisitions for the retailer, …

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Target wants to add its cool factor to grocery

Target‘s rapid grocery growth is being built on the same “cool factor” that has earned the retailer a cult following in many nonfood categories, and future strategy calls for “generating guest love in food and beverage by leaning into the …

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Zales parent Signet to buy 22-store Diamonds Direct USA for $490M

The owner of Kay Jewelers and Zales agreed to buy Diamonds Direct USA Inc. from Blackstone Inc. and other shareholders for $490 million, betting on a robust return of the U.S. bridal business as pandemic restrictions subside. BNN Bloomberg

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Starbucks still brewing new units during the pandemic

Starbucks topped the list of the 27 fastest-growing US quickserves with the addition of 287 new units since 2019, despite pandemic-related challenges and delays. Domino’s, Jersey Mike’s, Wingstop and Chipotle Mexican Grill rounded out the top five. QSR

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