{"id":19445,"date":"2026-11-06T10:34:53","date_gmt":"2026-11-06T15:34:53","guid":{"rendered":"https:\/\/www.chainstoreguide.com\/offthechain\/?p=19445"},"modified":"2026-11-06T10:34:53","modified_gmt":"2026-11-06T15:34:53","slug":"in-other-business-news-272","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2026\/11\/in-other-business-news-272\/","title":{"rendered":"In Other Business News"},"content":{"rendered":"

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

\u2022 Arko Corp.<\/strong> said it has converted about 500 GPM stores to dealer sites, with 55 more under letters of intent, and extended the program through 2027.<\/p>\n

\u2022 Buc-ee’s<\/strong> will break ground Nov. 9 on a 74,000-square-foot travel center in Lafayette, LA, slated to open in early 2028.<\/p>\n

\u2022 Food Lion<\/strong> is investing more than $270 million to remodel 94 stores in North Carolina’s Greensboro\/Triad market.<\/p>\n

\u2022 Publix Super Markets<\/strong> opened stores Nov. 4 in Eatonton, GA, its first in Putnam County, and Wesley Chapel, NC.<\/p>\n

\u2022 Sunterra Market<\/strong> will close its Britannia Plaza store in Calgary, AB, on Nov. 9, its third closure this year.<\/p>\n

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

\u2022 Dine Brands Global<\/strong>‘s board rejected an unsolicited $39-per-share takeover proposal from Arkhouse Management and Cobblers Cove Capital.<\/p>\n

\u2022 McDonald’s<\/strong> said U.S. Chief Marketing and Customer Experience Officer Alyssa Buetikofer is leaving; Charlie Newberger was named interim U.S. Chief Marketing and Commercial Officer.<\/p>\n

\u2022 MTY Food Group<\/strong> received an unsolicited C$43-per-share takeover proposal from Foodtastic on Nov. 3 and replaced CEO Eric Lefebvre with board member Victor Mandel.<\/p>\n

\u2022 Outback Steakhouse<\/strong> agreed to buy 61 restaurants for $26.3 million from franchisee Out West Restaurant Group, which filed for Chapter 11 on Nov. 2.<\/p>\n

\u2022 Wendy’s<\/strong> rejected a $1.4 billion take-private proposal led by Trian, adopted a stockholder rights plan and signed a letter of intent to acquire up to 163 restaurants from bankrupt franchisee Meritage Hospitality Group.<\/p>\n

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

\u2022 At Home<\/strong> named Judd Nystrom CEO, effective Nov. 1.<\/p>\n

\u2022 Canadian Tire Corp.<\/strong> will invest $200 million through 2028 to open or convert 40 Mark’s stores to a larger format.<\/p>\n

\u2022 CVS Health<\/strong> plans to separate into two public companies by 2028, with Prem Shah to lead the roughly 9,000-store CVS Pharmacy business.<\/p>\n

\u2022 Ethan Allen Interiors<\/strong> shareholders elected three directors nominated by activist investor Doug Bergeron at the Nov. 4 annual meeting; Chairman and CEO Farooq Kathwari was not re-elected to the board.<\/p>\n

\u2022 Staples Canada<\/strong> will add Toys”R”Us shop-in-shops to nearly 300 stores by the end of 2027, starting Nov. 14 in Richmond Hill, ON.<\/p>\n","protected":false},"excerpt":{"rendered":"

Supermarket, Grocery, & C-Store \u2022 Arko Corp. said it has converted about 500 GPM stores to dealer sites, with 55 more under letters of intent, and extended the program through 2027. \u2022 Buc-ee’s will break ground Nov. 9 on a 74,000-square-foot travel center in Lafayette, LA, slated to open in early 2028. \u2022 Food Lion… Continue reading In Other Business News<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":18547,"comment_status":"open","ping_status":"open","sticky":false,"template":"post-template-with-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[11],"class_list":["post-19445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/19445","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\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=19445"}],"version-history":[{"count":1,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/19445\/revisions"}],"predecessor-version":[{"id":19446,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/19445\/revisions\/19446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media\/18547"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=19445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=19445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=19445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}