In Other Business News

Grocery, Supermarket, & C-Store

• Aldi Inc. recently opened a new store location in Metairie, LA. Another new location is scheduled to open later this month in Covington, LA.

• Pops Mart Fuels LLC acquired six convenience stores with fuel from Mallard Oil Co.

• R.H. Foster Energy LLC has acquired six Leadbetter’s convenience stores in Maine, that it will convert to its Freshies c-store brand.

Retail

• Boot Barn Holdings, Inc. expects to open 40 new stores expanding into new markets including Connecticut, Maryland, and New York.

• Christensen Lumber Inc. reported Tim Ferguson has been promoted to President, following Tom Christensen’s transition to Chairman.

• Designer Brands Inc. announced Doug Howe, President of DSW, has been appointed to succeed Roger Rawlins as the company’s CEO, effective April 1, 2023.

• Macy’s Inc. will open a new Bloomie’s store in downtown Seattle, WA, this year.

• ThirdLove recently opened a new store location in Philadelphia, PA.

• Tuesday Morning Corp. said it has notified Nasdaq of its decision to voluntarily delist 487 stores.

• Tumi, Inc. will open a new 5,200 sq. ft. store this spring in New York City, NY.

• Victoria’s Secret & Co. said that Amy Hauk, its CEO, plans to resign effective March 31.

• Victoria’s Secret & Co. announced that it has completed the acquisition of Adore Me, Inc.

Restaurant

• Applebee’s president John Cywinski is leaving the company and he will be replaced by Tony Moralejo.

• Blaze Pizza has named Beto Guajardo as CEO.

• Dave & Buster’s co-founder James Corley has passed away at the age of 72.

• Marco’s has appointed Kristin Corcoran as VP and Corporate Counsel.

• TOMS King LLC, a Burger King franchisee, has declared bankruptcy. The company has blamed the pandemic and inflation for the filing and they plan to sell their restaurants.

• Walk-On’s has named Scott Taylor as CEO. Taylor will take over for company founder Brandon Landry who will transition to Chairman of the board of directors.