{"id":18066,"date":"2025-02-21T09:30:28","date_gmt":"2025-02-21T14:30:28","guid":{"rendered":"https:\/\/chainstoreguide.com\/offthechain\/?p=18066"},"modified":"2025-02-21T09:30:28","modified_gmt":"2025-02-21T14:30:28","slug":"in-other-business-news-190","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2025\/02\/in-other-business-news-190\/","title":{"rendered":"In Other Business News"},"content":{"rendered":"

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

\"Free<\/a>\u2022\u00a0Fareway Stores Inc<\/strong>. recently promoted Wesley Bass to Senior VP Campus Operations. Nathan Kerns has been promoted to Exec VP Information Technology. Nick Huberty was promoted to VP Direct Store Delivery. Corey Melhus has been promoted to VP Information Security.<\/p>\n

\u2022\u00a0Heritage Grocers Group<\/strong> has promoted Matthew Holt to the role of CFO. He succeeds Darren Karst, who has retired.<\/p>\n

\u2022\u00a0T & T Supermarket Inc<\/strong>. recently opened a new location in Downtown Toronto, ON.<\/p>\n

\u2022\u00a0Wakefern Food Corp<\/strong>. announced Bryant Harris is no longer with the company.<\/p>\n

 <\/p>\n

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

\u2022\u00a0BJ\u2019s Wholesale Club Holdings Inc<\/strong>. is opening a new location in Brooksville, FL, this week.<\/p>\n

\u2022\u00a0Caleres <\/strong>plans to acquire Stuart Weitzman Inc<\/strong>. from Tapestry, Inc<\/strong>. The transaction is expected to close in the summer of 2025.<\/p>\n

\u2022\u00a0CVS Health <\/strong>has named Ed DeVaney as President of Caremark.<\/p>\n

\u2022\u00a0Dollar Tree Stores Inc<\/strong>. has plans to acquire 148 closed Party City <\/strong>stores.<\/p>\n

\u2022\u00a0Forever 21 Inc<\/strong>. is reportedly planning to close at least 200 store locations.<\/p>\n

\u2022\u00a0Hanesbrands Inc<\/strong>. announced that Steve Bratspies, its CEO, will leave the company at the end of 2025.<\/p>\n

\u2022\u00a0Mango Inc<\/strong>. will open a new 13,000 sq. ft. store in Manhattan, NY, this summer. The retailer plans to open 20 more new stores in 2025.<\/p>\n

\u2022\u00a0The Michaels Companies, Inc<\/strong>. has named David Boone as the new CEO of the company.<\/p>\n

\u2022\u00a0Nike Inc<\/strong>. has partnered with Skims<\/strong> to launch a new collection called NikeSkims. The assortment of training apparel, footwear and accessories for women will be available in the spring.<\/p>\n

\u2022\u00a0Nordstrom Inc<\/strong>. has hired Catherine Bloom as Director of Luxury Styling, a new position at the retailer.<\/p>\n

\u2022\u00a0Ollie’s Bargain Outlet Holdings<\/strong> opened four new store locations in Wisconsin this month.<\/p>\n

\u2022\u00a0Petco Health and Wellness Company, Inc<\/strong>. has named Sabrina Simmons as CFO. Michael Romanko has been named Chief Customer and Product Officer. Jack Stout has been named Chief Merchandising Officer.<\/p>\n

\u2022\u00a0Rite Aid Corporation<\/strong> has hired Bryant Harris as its new Senior VP and Chief Merchandising Officer.<\/p>\n

 <\/p>\n

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

\u2022\u00a0Bloomin Brands<\/strong> has laid off 100 corporate employees, about 17% of their headquarter staff.<\/p>\n

\u2022\u00a0Chipotle<\/strong> is planning to hire 20,000 new employees for Burrito Season that begins in March.<\/p>\n

\u2022\u00a0Dine Brands<\/strong> has opened their first dual branded IHOP\/Applebee\u2019s restaurant.<\/p>\n

\u2022\u00a0KFC<\/strong> is planning to relocate its corporate office outside of Kentucky. The company will designate two brand headquarters, one in Plano, Texas, and the other in Irvine, California.<\/p>\n

\u2022\u00a0MTY Food Group<\/strong> is currently planning to acquire another brand, no word on the chain they are targeting.<\/p>\n

\u2022\u00a0Noodles & Company<\/strong> has named Joe Christina as President and Chief Operating Officer.<\/p>\n

\u2022\u00a0RBI<\/strong> has acquired the remainder of Burger King\u2019s China business for $158 million. RBI now owns 100% of the China business and is currently looking for new partners.<\/p>\n

\u2022\u00a0Shake Shack<\/strong> has seen same-store sale prices rise 4.3%. The company is attributing the rise to increased prices, not increased traffic.<\/p>\n

\u2022\u00a0Wingstop<\/strong> is testing a new kitchen system that will increase their delivery speed. Currently the platform is being tested in 30 locations, but it will be rolled out to all locations over the next 12 months.<\/p>\n

\u2022\u00a0Torchy\u2019s Tacos<\/strong> has named Paul Macaluso as CEO. Former CEO Mike Rypka is shifting to Chief Innovation Officer.<\/p>\n","protected":false},"excerpt":{"rendered":"

Supermarket, Grocery, & C-Store \u2022\u00a0Fareway Stores Inc. recently promoted Wesley Bass to Senior VP Campus Operations. Nathan Kerns has been promoted to Exec VP Information Technology. Nick Huberty was promoted to VP Direct Store Delivery. Corey Melhus has been promoted to VP Information Security. \u2022\u00a0Heritage Grocers Group has promoted Matthew Holt to the role of… 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-18066","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\/18066","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=18066"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/18066\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=18066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=18066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=18066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}