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  • Sleep Innovations acquired by Sun Capital Partners affiliate

    WEST LONG BRANCH, N.J. — Sleep Innovations, designer and manufacturer of memory foam products, has been acquired by an affiliate of Sun Capital Partners. The private investment firm specializes in leveraged buyouts and investments in market-leading companies.

  • Corner Bakery Café expanding in the Northeast

    Dallas -- Corner Bakery Café has signed a franchise agreement to open its first restaurants in New York’s Nassau County beginning in 2013. Earlier this year, Corner Bakery Cafe announced similar expansion plans in the Northeast, including Northern New Jersey, Connecticut and Rhode Island.
     
    Four M Bakery, LLC, a group of veteran restaurant operators, which also owns 12 Buffalo Wild Wings through Four M Capital, LLC, has plans to open seven Corner Bakery Cafes in Nassau County.
     

  • 150 leases of Bakers and Wild Pair Shoes included in bankruptcy sale process

    New York -- GA Keen Realty Advisors, LLC of New York, a division of Great American Group has begun marketing leases for 150 Bakers and Wild Pair shoe store locations across the country.

  • Cerberus reportedly seeking financing for Supervalu deal

    New York -- Multiple reports on Monday suggested that private equity firm Cerberus Capital Management, which owns the struggling Albertsons LLC, may be putting together a deal to buy all or part of the grocery chain.

    Cerberus is said to be seeking $4 billion to $5 billion in debt financing from banks to back a bid and is looking at investing $800 to $900 in equity in its takeover quest, a person familiar with the matter is reported to have said. That same source cautioned that the figures could change.

  • Dunkin’ Donuts to open 16 locations in Salt Lake City

    CANTON, Mass. -- Dunkin' Donuts has signed a multi-unit store development agreement with existing franchisee Sizzling Donuts, LLC for 16 new restaurants in Salt Lake City, Utah.
     
    The first restaurant is planned to open in 2013 and the remainder by 2018.
    In February 2012, Sizzling Platter, LLC formed the subsidiary Sizzling Donuts, LLC and signed their first multi-unit agreement with Dunkin' Donuts to develop 11 new restaurants in Denver, Colorado, and eight new restaurants in El Paso, Texas, over the next several years.

     

  • Long-time media exec joins Dollar General board

    GOODLETTSVILLE, Tenn. — Dollar General has named Pat Fili-Krushel to its board of directors effective Oct. 15.

  • Four added to Wet Seal board

    FOOTHILL RANCH, Calif. — The Wet Seal has named four new members to its board of directors and Lynda Davey as chairman of the board.

    The new members, who joined effective Oct. 4, include: Dorrit Bern, Lynda Davey, Mindy Meads and John Mills.

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