Dealmakers Magazine | July 16, 2010

Page 8

Who’s Opening and Where Smashburger Master, LLC (303-633-1500) plans to open over 60 Smashburger locations this year, as part of a plan to operate 100 units throughout 15 states nationwide by year’s end and 350 locations nationwide within the next five years. Plans call for expansion through franchisees into FL, KY, LA, ND and SD, including as many as 20 Smashburger restaurants with franchisee Smash Bash, LLC, to be opened throughout Orlando, FL over the next five years. The company also plans to open corporate-owned locations in the Atlanta, GA and Chicago, IL metropolitan areas. The company opened 15 restaurants during the first quarter of the year, and currently operates 58 locations throughout 14 states nationwide. Wal-Mart Stores, Inc. (479-273-4000) plans to open a 147,000 sq.ft. Walmart Supercenter at the intersection of Route 28 and Ashleigh Drive in Derry, NH. The store will replace an existing, 115,000 sq.ft. Walmart located along Manchester Road, which will close upon the opening of the new store. The company was in negotiations to open a location at the site during 2008, but dropped plans citing poor economic conditions. The new location will feature an expanded grocery section, including a delicatessen and bakery, and 30 general merchandise departments. The company operates 27 Walmart stores and four Sam’s Club locations throughout the state.

Marco’s Franchising, LLC (419-885-7000) plans to open 14 Marco’s Pizza restaurants throughout the northern suburban area of Atlanta, GA, as part of a plan to operate 60 locations throughout the Atlanta metropolitan area. Planned openings include sites in Acworth, Alpharetta, Blue Ridge, Canton, Cartersville, Cumming, Dahlonega, Dawsonville, East Cobb, Jasper, Kennesaw, Marietta and Woodstock, and will include both corporate-owned and franchised locations. The first opening is slated for this year. The company currently operates 200 locations throughout 17 states nationwide and the Bahamas. Five Below, Inc. (215-546-7909) plans to expand into the Columbus, OH area by year’s end, as part of a plan to open 40 Five Below stores this year, as well as to operate over 25 stores in the state within the next several years. The company recently opened six locations within the greater Cleveland, OH area during June, and currently operates 105 locations nationwide throughout 12 states. The stores offer merchandise priced between $1 and $5 aimed at teens and preteens and including fashion accessories, DVDs, video games and accessories, sport and workout gear, games and toys, cosmetics, school supplies, crafts and seasonal items.

Jamba, Inc. (510-596-0100), through franchisee Creative Food Group, will open a Jamba Juice location at New York Penn Station in New York, NY. The company recently opened locations at Brunswick Square Mall in East Brunswick, NJ; in Newark Airport in Newark, NJ, and at Newport Centre Mall in Jersey City, NJ. The company plans to open 50 franchised locations, as well as refranchise as many as 150 company-owned locations, by year’s end. The company operates 739 locations, including 478 corporate stores and 261 franchise locations, nationwide, offering fruit smoothies, juices, teas, oatmeal, wraps, salads, sandwiches, flatbreads, baked goods and snacks.

Cabela’s, Inc. (308-254-5505) will open a 100,000 sq.ft. Cabela’s store on 14 acres along North Central Expressway in Allen, TX. The sporting goods store is slated to open by August of 2011, and will be the company’s third in the state. The company also plans to open a 58,000 sq.ft. location in a former Ashley Furniture site at Gateway Mall, located along Gateway Street in Springfield, OR. The store will anchor the center, the company’s first in the state, and will use the company’s new layout, featuring an aquarium and conservation-themed wildlife displays. The store will also feature a gun library, fly-fishing shop and a general store. Construction is slated to begin next month, and the store will open during spring 2011. The company currently operates 30 locations nationwide.

Nordstrom, Inc. (206-628-2111) will open a 33,200 sq.ft. Nordstrom Rack location at The Corner, located at the intersection of North Oracle Road and Wetmore Road in Tucson, AZ, as part of a plan to open 17 stores this year. The store will join Total Wine & More at the center. The company also plans to open six Nordstrom Rack locations during 2011. The company operates 190 locations nationwide throughout 28 states, including 74 Nordstrom Rack stores.

CVS Caremark Corp. (877-265-7325) plans to open a 13,225 sq.ft. CVS pharmacy on 1.5 acres at a former Big Lots site located at the intersection of South Green Bay Road and Winneconne Avenue in Neenah, WI. The store will include a drive-thru pharmacy window as well as a photo lab, and will also offer health care products, groceries and general merchandise. Construction is slated to begin during the fall, and the store is expected to open during spring 2011.

page 8

July 16, 2010

The

Dealmakers

www.dealmakers.net

Safeway, Inc. (925-467-3000) will open a 57,740 sq.ft. Safeway grocery store situated on 8.6 acres along Palmer-Wasilla Highway in Palmer, AK. The store will replace an existing, smaller Safeway located across the street, and will feature muted lighting and spotlights, a larger deli department and an in-store Starbucks location. Construction on the new store began last month, and the location is slated to open during February 2011. The company currently operates 1,725 units throughout the western, southwestern, Rocky Mountain, midwestern and midAtlantic regions of the U.S., along with western Canada, under the Safeway, Vons, Dominick’s, Genuardi’s, Randalls, Tom Thumb, Pavilions and Carrs trade names. Macy’s, Inc. (513-579-7000) plans to open a 110,000 sq.ft. Macy’s department store in a former Gottschalks site at Antelope Valley Mall, located in Palmdale, CA. The store will offer apparel and accessories for women, men and children, as well as housewares, home textiles and luggage, and is slated to open during the fall. The company currently operates 850 locations nationwide throughout 45 states and Washington, DC, as well as Guam and Puerto Rico, trading as Macy’s and Bloomingdale’s. Bed Bath & Beyond, Inc. (516-507-3410) plans to open 60 stores across all their concepts, including 30 Bed Bath & Beyond stores, 10 Christmas Tree Shops locations and 20 buybuy Baby stores, having opened 67 stores during fiscal 2009. Planned openings include a 29,879 sq.ft. buybuy Baby at The Shops at Greenridge, located in Greenville, SC, slated to open during late fall. The store offers furniture, products, clothing and accessories for infants and toddlers. The company plans to eventually operate 1,300 Bed Bath & Beyond locations nationwide and throughout Canada. True Religion Apparel, Inc. (323-2663072) plans to open 27 True Religion stores nationwide during 2010, as well as internationally throughout Tokyo, Japan; London, England and Toronto, Canada. The company opened six locations during the first quarter, including five full-priced locations and one outlet store. Rent-A-Center, Inc. (972-801-1100) plans to open between 25 and 35 company-owned Rent-A-Center locations during fiscal 2010, as well as add financial services to approximately 70 existing stores. The company currently operates 2,997 locations, offering rent-toown merchandise, nationwide. (continued on page ten)


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.