Supermarket, Grocery, & C-Store
• H Mart said it will open two new stores this month in HI and MA.
• Kwik Trip Inc. is reportedly rolling out new carryout, curbside pickup, and delivery services through its mobile app.
• Schnuck Markets Inc. is expanding its delivery services to 25 stores in the Midwest through its partnership with DoorDash.
• US Foods Inc. announced it is opening new CHEF’STORE locations in CA, MT, and NC.
• Yesway recently opened three new store locations in Breckenridge, Canyon and Robert Lee, Texas.
Retail
• CVS Health reported that Tilak Mandadi has been named as Exec, VP, Chief Data, Digital and Technology Officer.
• Do it Best Corp. announced the promotion of Robby Ehlerding to Category Management Business Analyst; Jean Fahy to Division Manager of LBM Business Development; and Rob Williams to Product Sales Manager. The company also announced Matt Saines was hired as its new Treasurer. Ryan Heine is the company’s new Director of Brand Integration.
• Dollar General Corp. has named COO Jeffery Owen as its next CEO, taking over from Todd Vasos, who plans to retire later this year.
• GameStop Holdings Corp. reported its CFO, Mike Recupero, is no longer with the company. He will be replaced in the role by Chief Accounting Officer Diana Jajeh.
• Gap Inc. said it is on track to open 30 to 40 new Athleta stores in 2022, including its first-ever outlet locations which will open in IL and VA. The retailer also plans to expand the brand in Canada, where it plans to add four additional locations by the end of this year.
• Gap Inc. announced Sonia Syngal is stepping down as President and CEO of the company. She will be replaced in the role on an interim basis by Bob Martin, the company’s current Executive Chairman. The company also said it has named Horacio Barbeito as President and CEO of Old Navy, effective August 1.
• McCoy’s Building Supply announced it plans to sell four of its locations to Central Network Retail Group LLC. With the transaction, the retailer will exit Arkansas and Mississippi.
• Northern Tool & Equipment Co. Inc. reported it plans to more than double its store count over the next 10 years to 125 stores.
Restaurant
• Chipotle employees at a Michigan location have filed a petition to unionize.
• Dave & Buster’s has made several hires and promotions to their C-suite following their acquisition of Main Event. Antonio Bautista has been named Chief International Development Officer; Rob Edmund, Chief People and Legal Officer; Steve Klohn, Chief Information Officer; Les Lehner, Chief Procurement Officer and Director of Development for Main Event; John Mulleady, Chief Development Officer; Michael Quartieri, CFO; Tony Wehner, COO; and Ashley Zickefoose, Chief Marketing Officer.
• Fogo de Chao has signed a franchise agreement to enter the Philippines.
• McDonald’s Corporation has agreed to buy out franchise group Caspers Company. The third generation operators are based out of Tampa, FL and they plan to retire once the sale closes on Oct. 1st.
• McDonald’s Corporation has named Jill McDonald to President of International Operated Markets.
• Panera Bread has ended their planned merger with an SPAC. The company cited unfavorable market conditions as a reason for the end of the partnership. Panera still has plans to go public in the future.
• Rock N Roll Sushi has signed a franchising deal to bring 25 locations to Colorado, Las Vegas, and Phoenix.
• SlapFish Restaurant Group’s founders have sold their interest to Mac Haik Enterprises Ltd.
• Starbucks will be permanently closing 16 stores at the end of the month due to safety concerns involving drug use by customers. Six of the locations are in Los Angeles, one in Philadelphia, two in Portland, six in Seattle, and one in Washington D.C.
• Walk-On’s has opened a new location in Starkville, MS.