{"id":16571,"date":"2023-02-17T13:21:06","date_gmt":"2023-02-17T18:21:06","guid":{"rendered":"https:\/\/chainstoreguide.com\/offthechain\/?p=16571"},"modified":"2023-02-17T13:21:06","modified_gmt":"2023-02-17T18:21:06","slug":"in-other-business-news-88","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2023\/02\/in-other-business-news-88\/","title":{"rendered":"In Other Business News"},"content":{"rendered":"

Supermarket, Grocery, & C-Store<\/strong><\/p>\n

\"Free<\/a>\u2022\u00a0Lidl US, LLC<\/strong> announced it will open a new store in Bethesda, MD.<\/p>\n

\u2022\u00a0Raley\u2019s Family of Fine Stores<\/strong> has named Tiffanie Burkhalter as its new CFO.<\/p>\n

\u2022\u00a0Trader Joe\u2019s Co<\/strong>. reported it is planning to build a distribution center in Franklin, KY.<\/p>\n

 <\/p>\n

Retail<\/strong><\/p>\n

\u2022\u00a0Bed Bath & Beyond Inc<\/strong>. reported it will close all its operations in Canada, including 54 Bed Bath & Beyond stores and 11 Buybuy Baby stores.<\/p>\n

\u2022\u00a0BJ\u2019s Wholesale Club Holdings Inc<\/strong>. will open its first store location in the state of Tennessee by the first half of this year. The retailer has plans to open new locations in Davenport, FL, and McDonough, GA, later this month.<\/p>\n

\u2022\u00a0CVS Health<\/strong> announced it will close 900 stores through 2024.<\/p>\n

\u2022\u00a0Drexel Building Supply<\/strong> reported it has acquired McMahon & Co., a custom door manufacturer.<\/p>\n

\u2022\u00a0Hanna Andersson Inc<\/strong>. recently rolled out its first-ever line of activewear made specifically for children.<\/p>\n

\u2022\u00a0Sur La Table<\/strong> will open four new stores by this summer in Canton, CT; Albany, NY; White Plains, NY; and in Glendale, WI.<\/p>\n

\u2022\u00a0Tractor Supply Co<\/strong>. has extended the contract of President and CEO Harry Lawton for another three years.<\/p>\n

\u2022\u00a0Tuesday Morning Corp<\/strong>. has filed for Chapter 11 bankruptcy protection. 487 stores<\/p>\n

\u2022\u00a0United Hardware Distributing Co<\/strong>. announced that Chad Ruth has been named Interim President and CEO. Doug Audette, the former President and CEO has stepped down to pursue other opportunities.<\/p>\n

\u2022\u00a0Walmart Stores Inc.<\/strong> reported it plans to close its last two remaining pickup and delivery only stores. There are five other stores the retailer will close in FL, IL, NM, and WI.<\/p>\n

 <\/p>\n

Restaurant<\/strong><\/p>\n

\u2022\u00a0Brinker International Inc<\/strong>. has hired James Butler as Senior VP and Chief Supply Chain Officer.<\/p>\n

\u2022\u00a0Chick-fil-A<\/strong> has opened a \u201cBrake Room\u201d in New York City that will offer refreshments and restrooms for food delivery workers.<\/p>\n

\u2022\u00a0Chipotle <\/strong>is launching a new restaurant concept called Farmesa. It is set to open in March, but it will have a soft opening with a limited menu and hours this month. The restaurant is a fast casual bowl concept and will be located inside a Kitchen United space and be available through kiosk or online ordering.<\/p>\n

\u2022\u00a0Chipotle<\/strong> has hired an independent third-party to conduct a Talent Management Equity Audit in order to determine if the company needs to create more equitable policies in their management cycle.<\/p>\n

\u2022\u00a0Crave Hot Dogs & Barbecue<\/strong> has opened a new location in Chicago, IL.<\/p>\n

\u2022\u00a0Denny’s<\/strong> is planning to expand their menu in an effort to diversify their customer base. The company has not revealed the new products yet, but they did specify that the new kitchen equipment installed in all stores would allow them to bake and roast new items.<\/p>\n

\u2022\u00a0Krispy Kreme<\/strong> had a successful fourth quarter with revenue growing 9.2% and the company has attributed this success to their focus on doughnut hubs that provide easier access for consumers. The company is looking to expand their omnichannel offerings in 2023.<\/p>\n

\u2022\u00a0Krystal<\/strong> has debuted their new company tagline \u2013 \u201cNow You Know.\u201d The new tagline was selected by fans during a campaign created by 2 Chainz, Krystal\u2019s Head of Creative Marketing.<\/p>\n

\u2022\u00a0Restaurant Brands International<\/strong> has named Joshua Kobza CEO effective March 1st. Jos\u00e9 Cil will remain with the company for a year to aid in the transition.<\/p>\n

\u2022\u00a0Subway <\/strong>has confirmed that they are exploring a possible sale of all restaurants. The entirety of their units may be valued at over $10 billion.<\/p>\n

\u2022\u00a0TravelCenters of America LLC<\/strong> has agreed to be purchased by BP Products North America Inc.<\/strong> for $1.3 billion.<\/p>\n

\u2022\u00a0<\/strong>Virginia has introduced a bill that would create a council to regulate the wages of fast-food employees in a similar vein to California\u2019s Fast Food Act.<\/p>\n","protected":false},"excerpt":{"rendered":"

Supermarket, Grocery, & C-Store \u2022\u00a0Lidl US, LLC announced it will open a new store in Bethesda, MD. \u2022\u00a0Raley\u2019s Family of Fine Stores has named Tiffanie Burkhalter as its new CFO. \u2022\u00a0Trader Joe\u2019s Co. reported it is planning to build a distribution center in Franklin, KY.   Retail \u2022\u00a0Bed Bath & Beyond Inc. reported it will… Continue reading In Other Business News<\/span><\/a><\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[11],"class_list":["post-16571","post","type-post","status-publish","format-standard","hentry","category-retail","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/16571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=16571"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/16571\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=16571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=16571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=16571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}