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Who's Opening & Where
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Who's Opening & Where Peet’s Coffee & Tea, Inc. (510-594-2100) is planning to open 20 to 25 Peet’s Coffee & Tea locations this year. The company currently operates approximately 90 coffee shops throughout seven states and offers more than 30 types of coffee, including more than 20 blends. Its teas run the spectrum from India black to herbal blends. The stores also offer items such as biscotti, mugs and brewing equipment. Most of the company’s outlets are located throughout CA, while others can be found in CO, IL, MA, OR, TX and WA. The company also sells its coffee wares through retail grocery stores, including Safeway and Whole Foods.
Cosi, Inc. (847-597-8800) is planning to open 11 company-owned restaurants this year. The company owns and operates more than 90 eclectic Cosí cafés throughout nearly 20 states offering premium and specialty coffees and made-to-order sandwiches. Its menu also features breakfast items, including salads, soups and desserts. Cosi also offers delivery and catering services and operates a handful of coffee kiosks in Macy’s department stores.
RaceTrac (800-388-8035) is looking to open locations throughout the Southeast. The sites must have land areas of 1.5 acres to two acres.
Panera Bread Co. (314-633-7100) is planning to open 200 Panera Bread restaurants throughout FL during the coming 18 months. The restaurants occupy spaces of 4,300 sq.ft. to 4,700 sq.ft. in power centers. Typical leases run 10 years with three, five-year options. The company currently operates more than 740 bakery/cafes throughout approximately 35 states. Its locations, which operate under the Panera and Saint Louis Bread Company banners, offer made-to-order sandwiches built using a variety of artisan breads, including Asiago cheese bread, focaccia, and its classic sourdough bread. Its menu also features soups, salads and gourmet coffees. In addition, Panera sells its bread, bagels, and pastries to go. Approximately 70% of its locations are operated by franchisees.
CKE Restaurants, Inc. (805-745-7500) is planning to open 50 franchised Carl’s Jr. restaurants throughout the Russian marketplace during the coming eight years. The company entered into a franchise and development agreement with Bright Star, LLC and expects to open the first Carl’s Jr. during early 2006. CKE Restaurants, Inc. has been steadily increasing its international presence, with a combined total of 204 Carl’s Jr. and Hardees restaurants operating throughout 13 countries. The company currently operates approximately 3,100 locations. Its restaurants include Carl’s Jr. and Hardees, two leading brands in the hamburger business, and La Salsa Fresh Mexican Grill, a fast-casual Mexican restaurant segment. CKE also owns Green Burrito, a small fast-food Mexican chain. Many of the company’s restaurants are located throughout CA and other western states; its Hardees outlets operate primarily in the Midwest and Southeast. CKE owns and operates more than a third of its restaurants; the rest are operated by franchisees.
Shoe Carnival, Inc. (812-867-6471) is planning to open between 12 to 14 Shoe Carnival stores during fiscal 2005. The company currently operates more than 250 footwear stores throughout the South and Midwest. Shoe Carnival sells brand-name and private-label men’s, women’s, children’s and athletic footwear. It has been adding about 30 stores annually.
Borders Group, Inc. (734-477-1100) is planning to convert 75 to 100 additional Waldenbooks stores to Borders Express stores this year. Borders Group operates stores throughout 50 states and in the United Kingdom, Australia, New Zealand, Puerto Rico and Singapore. Its approximately 1,250 retail stores include more than 500 Borders superstores, about 700 mall-based Waldenbooks stores, and more than 35 United Kingdom-based Books etc. shops.
Starbucks Corp. (206-447-1575) is planning to increase its number of Starbucks stores in South Korea to 365 during the coming five years. The company currently operates 125 stores in the country. Starbucks operates and licenses more than 8,500 coffee shops throughout more than 30 countries. The shops offer coffee drinks and food items, as well as beans, coffee accessories, teas and CDs. Starbucks operates more than 5,200 of its shops in five countries, mostly in the U.S., while licensees operate more than 2,800 units, primarily in shopping centers and airports. The company also owns and franchises the Seattle’s Best Coffee and Torrefazione Italia chains in the U.S., with more than 100 shops.
Walgreen Co. (847-914-2500) is planning a net increase of 390 Walgreens stores after closings and relocations, with an overall expansion of 475 new stores. Walgreen operates more than 4,800 stores throughout 45 states and Puerto Rico, and has three mail order facilities. Walgreen prefers new construction, so it can pick prime locations. More than two-thirds of its stores offer drive-thru pharmacies, and almost all offer one-hour photo processing.
bebe stores, inc. (415-715-3900) is planning to open a 7,600 sq.ft. bebe store on North Rodeo Drive in Beverly Hills, CA during November. The site offers 50 feet of street-level frontage. The company designs and sells contemporary women’s clothes and accessories under the bebe and BEBE SPORT brands through approximately 200 stores in the U.S., Canada, and Puerto Rico, abroad through licensees, and online. The company targets hip, body-conscious 18- to 35-year-olds.
Rite Aid Corp. (717-761-2633) is planning to open between 800 and 1,000 Rite Aid stores between now and 2,010. The company will concentrate on five key markets, including Baltimore, MD; Los Angeles, CA; New York, NY and Philadelphia and Pittsburgh, PA. In addition to opening stores, the company also is looking to grow through acquisitions in those markets. The company currently operates approximately 3,350 drugstores throughout 28 states and Washington, DC. Rite Aid stores fill prescriptions and sell health and beauty aids, convenience foods, and other items, including more than 2,400 private-label products. About half of Rite Aid stores are freestanding locations.
Chick-fil-A, Inc. (404-765-8038) is planning to open more than 77 Chick-fil-A locations this year, including 60 freestanding restaurants. The company currently operates approximately 1,200 restaurants and serves chicken entrees, sandwiches, and salads, along with waffle fries and fresh-squeezed lemonade. The chain is made up primarily of mall-based stores, but it also includes freestanding units that offer drive-thru service as well as dine-in seating. Chick-fil-A also licenses its concept to foodservice operators for high-traffic areas, such as schools and airports.
Lowe’s Cos., Inc. (704-758-1000) is planning to open as many as 10 Lowe’s Home Improvement stores throughout the Toronto, Ontario, Canada area. Overall, the company is looking to open as many as 100 stores throughout Canada. Lowe’s currently operates more than 1,100 home improvement stores throughout the U.S. The company’s stores sell more than 40,000 products for do-it-yourselfers and professionals for home improvement and repair projects, such as gardening products, home fashion items, lumber, millwork, plumbing and electrical supplies, and tools, as well as appliances and furniture.
7-Eleven, Inc. (214-828-7011) is planning to open its second New York, NY store this fall in Manhattan on the Upper East Side at the intersection of 82nd Street and Third Avenue. The company recently opened a store in the Flatiron District at 107 East 23rd Street. The smaller, walk-up location incorporates ideas from downtown store locations in Boston, MA; Philadelphia, PA and Chicago, IL. The center of the 1,500 sq.ft. store focuses on fresh foods, including sandwiches, salads and fruits. The company is looking to expand throughout the area during the coming several years. The company runs the world’s largest chain of convenience stores, including about 5,800 stores throughout the U.S. and Canada under the 7-Eleven name. About 3,300 locations are franchised. 7-Eleven also has an interest in about 500 stores in Mexico. Altogether, 7-Eleven operates, franchises, or licenses 26,000 stores throughout 18 countries.
Qwest Communications International, Inc. (503-242-8534) recently opened a store at Pioneer Place in Portland, OR. The new location is one of eight in OR and one of 94 Qwest stores in the company’s 14-state region.
Logan’s Roadhouse, Inc. (615-885-9056) is planning to open a Logan’s Roadhouse restaurant on Centre Drive in Beavercreek, OH. Area retail includes Fairfield Commons. Opening is slated for March 2006. Logan’s Roadhouse operates and franchises approximately 135 casual-dining steakhouses throughout 18 states, mostly in the Southeast and southern Midwest. Designed to resemble roadhouses from the 1930s to the 1950s, the restaurants’ exteriors are highlighted with rough-hewn cedar siding, corrugated metal, and neon. Inside, patrons listen to Wurlitzer jukeboxes and eat peanuts. About 115 locations are company-owned, while the rest are run by franchisees. Logan’s is a subsidiary of CBRL Group, which also owns the Cracker Barrel Old Country Store restaurant chain.
Dick’s Sporting Goods, Inc. (724-273-3400) is planning to open 25 stores this year, while closing six locations. Dick’s Sporting Goods currently operates approximately 235 stores throughout 33 states, following the acquisition of rival Galyan’s in mid-2004. The stores contain on average five smaller shops featuring sporting goods, apparel, and footwear for leisure pursuits ranging from football, golf, and cycling, to hunting and camping.
Little Caesar Enterprises, Inc. (313-983-6000) is planning to open 100 to 200 stores nationwide this year. The chain plans to expand its Detroit, MI area market by opening more stores in western Wayne and Macomb counties, and remodeling and moving about 45 stores. It has also targeted Los Angeles, CA; Chicago, IL and Houston, TX for national growth. Little Caesar Enterprises operates and franchises approximately 3,000 Little Caesar’s carryout pizza restaurants throughout the U.S. The chain offers a variety of original and deep-dish pizzas along with cheese bread, salads and sandwiches. While some stores are freestanding units, Little Caesar’s units typically do not offer dine-in seating, meaning they can be operated in a variety of locations where larger restaurants wouldn’t fit. Most of the chain’s outlets are run by franchisees.
Conn’s, Inc. (409-832-1696) is planning to open three Conn’s stores throughout the Dallas/Fort Worth, TX area. The retailer sells appliances and consumer electronics through approximately 50 stores throughout LA and TX. Conn’s also offers home office equipment, lawn and garden products, and other home products such as bedding.
IHOP Corp. (818-240-6055) is planning to open IHOP restaurants throughout Charlotte, NC and Nashville, TN through franchisees. IHOP operates the International House of Pancakes restaurant chain with nearly 2,000 owned and franchised restaurants, which are open 24 hours a day, are best known for their pancakes, waffles and French toast. They also offer standard family fare for lunch and dinner. Its restaurants are generally freestanding locations, though the distinctive A-frame design is slowly fading from the landscape. More than 95% of IHOP’s locations are operated by franchisees and area licensees.
The Steak n Shake Co. (317-633-4100) is planning to open between 18 and 24 restaurants this year and at least 26 company-owned restaurants during fiscal 2006. The company currently operates and franchises nearly 430 Steak n Shake restaurants throughout approximately 20 states in the Midwest and Southeast. The full-service chain’s menu features its hallmark steakburgers and milkshakes, as well as fries, chicken sandwiches and chili. About 60 units are operated by franchisees, while the rest are company-owned.
Gregg Appliances, Inc. (317-848-8710) is planning to open a total of nine H.H. Gregg stores during fiscal 2006. These include seven stores in the NC and SC markets, one relocated store in Columbus, OH and one relocated store in the Bowling Green, KY market. The company opened two stores in the Charlotte, NC market in April and anticipates opening an additional store in the Charlotte market during the first quarter of fiscal 2006. The appliance and electronics retailer sells its products through about 60 stores in the Southeast, mostly in GA. The company’s offerings include consumer electronics, as well as small appliances, large appliances and accessories.
YUM! Brands, Inc. (502-874-8300) is planning to open 375 units throughout China and as many as 725 restaurants for the company’s international division. The company also is looking to open at least 350 U.S. restaurants. YUM! Brands operates more than 33,000 units throughout approximately 100 countries. The company owns and operates almost a quarter of its stores and franchises most of the others. The company’s flagship brands include KFC, Pizza Hut and Taco Bell. Yum! also owns A&W All-American Food Restaurants and Long John Silver’s.
Redner’s Markets Inc. (610-926-3700) opened a 56,000 sq.ft. Redner’s Warehouse Market at Hamburg Commons, a center located in Hamburg, PA. The space was formerly occupied by Ames. The supermarket features the first One-Stop Shop in the county in a 3,828 sq.ft. space leased by the Pennsylvania Liquor Control Board, which currently operates nine wine and spirits shops within supermarkets throughout PA. The shop is slated to open during the fall. Redner’s Markets currently operates 38 warehouse club-style supermarkets under the Redner’s Warehouse Markets banner and 12 Quick Shoppe convenience stores in eastern NY and eastern PA.
Taco Del Mar Franchising Corp. (206-624-7060) is planning to open up to 10 Taco Del Mar restaurants throughout San Diego County, CA during the coming year. In San Diego, seven franchisees plan to open multiple restaurants. Taco Del Mar Franchising operates a chain of about 100 quick-service Mexican restaurants throughout more than 10 western states, Alaska, and Canada. The company will open about 20 new units in Western Canada, co-branded with Mac’s Convenience Stores, and it intends to grow to 160 stores this year. |