Mergers & Acquisitions

Chris Saridakis, president of eBay Enterprise, a division of eBay, has resigned for personal reasons, according to the company.

An external search will be conducted for a successor, the company said. Until the search is completed, Tobias Hartmann, VP, omnichannel operations and international, will serve as the company’s interim head.

Saridakis had served as president of eBay Enterprise since June 2011, following the company’s acquisition of GSI Commerce (renamed eBay Enterprise in 2013), where he was part of that company’s management team.

Aliso Viejo, Calif. — John Rockets has opened its first restaurant in Guarulhos, Brazil, a suburb of Sao Paulo. It is the brand’s 100th location outside of the United States.

Franchise partners Antonio Augusto Ribeiro de Souza and Nicolli Ciappina de Souza operate the restaurant at Shopping Internacional, a large retail center with 2.4 million visitors per month. The partners have committed to opening 29 additional restaurants in Brazil over the next 10 years.

Los Angeles — PizzaRev has signed agreements with four franchisee groups covering territory in five states. The deals will lead to the opening of new units in San Diego and Orange counties in California plus Utah, Nebraska, North Dakota and South Dakota. Here are brief profiles of each group:

As part of its turnaround efforts, J. C. Penney will close 33 underperforming stores across the country. The move, which will result in the elimination of about 2,000 positions, is expected to result in an annual cost savings of approximately $65 million, beginning in 2014.

Jewel-Osco president William Emmons is retiring less than a year after taking the helm at the grocery chain, which is now part of New Albertsons Inc., according to a Chicago Tribune report.

Atlanta — Moe’s Southwest Grill has signed a deal to bring 18 new restaurants to Sacramento and Santa Cruz over the next seven years. This is the franchiser’s first push into California.

HKM II is the franchise group behind the California expansion. HKM II owns 42 quick-serve burger restaurants throughout Northern California, Southern Nevada and Arizona.

Tampa, Fla. — Burger 21, a new concept from The Melting Pot Restaurants, has announced the opening of its first restaurant in Virginia. To be located in Ashburn, the restaurant, which is approximately 3,200 sq. ft., will be one of four units planned for the Greater Washington, D.C., area.

Currently, Burger 21 has 11 restaurants open and 17 franchised locations in development across the U.S. Plans call for a minimum of 15 additional restaurants in the Greater Washington, D.C., area.

Atlanta -- Christine Day, the outgoing CEO of Lululemon, has been appointed CEO at Luvo, a start-up frozen-food company that focuses on healthy, low calorie, low sodium meals. Day’s appointment is effective April 1.