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Mergers & Acquisitions

  • Eatery plans to open 80 locations in five years

    East Coast Wings & Grill’s ambitious growth plans are poised to benefit from a data-driven approach to site selection made possible by the Buxton Analytics Platform.

    The casual dining chain currently has 31 locations and has signed agreements to add 80 new restaurants across the country within the next five years. To ensure those restaurants are in the optimal locations, East Coast Wings & Grill partnered with customer analytics firm Buxton.

  • RadioShack taps retail veteran as CEO

    RadioShack has named a new CEO with retail turnaround and transformation experience.

    Dene Rogers will join the company as president and CEO on May 9, 2016. Rogers, who will also serve on RadioShack’s board, previously served as CEO of Target Australia and CEO of Sears Canada, which he led to become Canada’s most profitable online retailer, according to RadioShack.

    At RadioShack, Rogers replaces CFO Gordon Briscoe, who has been interim CEO since January when Ron Garriques left the post after serving less than a year.

  • Wing concept taking flight with Buxton site solution

    East Coast Wings & Grill’s ambitious growth plans are poised to benefit from a data-driven approach to site selection made possible by the Buxton Analytics Platform.

    The casual dining chain currently has 31 locations and has signed agreements to add 80 new restaurants across the country within the next five years. To ensure those restaurants are in the optimal locations, East Coast Wings & Grill partnered with customer analytics firm Buxton.

  • J.C. Penney expanding its 10-year relationship with Sephora

    The number of Sephora shops inside J.C. Penney stores is about to increase.

    The department store retailer announced it will open 60 additional Sephora shops in Penney stores, including a flagship set to open in November.

  • Former Family Dollar CFO joins Supervalu board

    Supervalu on Monday announced that experienced financial executive and corporate board member Mary Winston has been appointed to Supervalu's board of directors effective April 27, 2016.

  • Sears announces another closing — but this one doesn’t involve stores

    Sears Holdings will shutter its apparel design office in New York City.

    The struggling retailer will shutter the 154-employee office in July, reported the New York Post, which cited a Department of Labor filing.

    Sears will move approximately 40 positions to an existing site in San Francisco, with the remainder positions to be cut, according to the report.

  • Cowboys putting giddy up in mall traffic

    Shopper center operators have a new ally in their efforts to drive traffic called Cowboys Saloon: American Bar & Grill.

    Cowboys is a new food and entertainment concept billed as a destination restaurant and country-western venue that is looking to grow rapidly the next few years. Founded six years ago, Cowboys is on a growth trajectory to operate more than 20 locations by 2018, up from the seven locations that will be open by year end.

  • Sears Holdings closing 78 more stores

    Sears Holdings announced its latest round of store closings as it continues to look for ways to cut expenses and return to profitability after five years of losses.

    The embattled retailer, which has been steadily shrinking its physical portfolio over the last few years, will close 68 Kmart and 10 Sears stores this summer. (See list of locations at end of story.) In February, Sears warned it would speed up the closing of unprofitable stores.

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