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  • Darden Restaurants names interim CEO as permanent chief exec

  • Newk’s Eatery plans 30 new stores in 2015

    Jackson, Miss. – Fast-casual restaurant chain Newk's Eatery is expanding to Columbia, South Carolina, as part of growth plans that include nearly 30 new corporate and franchised stores in 2015. The Columbia expansion is in partnership with its newest franchisees, Chris and Pam Corn.

    The Corns will open their first Newk's in City Market in the Vista in late 2015 and have plans to open two additional locations in Columbia and the surrounding area.

  • Starbucks brings expanded meals program to the U.K.

    Seattle - Starbucks has launched its Evenings Program in the U.K., offering a range of meals and shareable hot and cold snacks with premium wines and beers. The newly renovated Stansted Airport store in London, operated in partnership with SSP UK, is the first location to offer Starbucks Evenings, with plans to expand the program to additional stores.

  • Cypress Equities acquires mixed-use project in Huntington Beach

    Dallas -- Cypress Equities announced the acquisition of The Strand, a 96,000-sq.-ft. mixed-use development located in Huntington Beach, California.  

    The transaction was secured by a fund managed by Cypress’ real estate investment management group, which has acquired more than $500 million dollars of retail properties during the past two years.  
     

  • Altamont Capital purchases Cotton Patch Café

    Grapevine, Texas – Private equity firm Altamont Capital Partners has purchased specialty restaurant chain Cotton Patch Café, which operates 45 locations in Texas, Oklahoma, and New Mexico. Kathy Nelson, CEO of Cotton Patch, participated in the investment and will continue in her role.

    Altamont Capital also holds major investments in franchisees of the Taco Bell and Sonic Drive-In fast-food chains. Terms of the deal were not disclosed.

  • Carter’s, Osh Kosh B’Gosh to open at Towne Centre at Laurel

    Laurel, Md. -- Greenberg Gibbons announced that Carter’s and OshKosh B’Gosh are opening a combined store at Towne Centre at Laurel, the new $130 million destination on Route 1 in Laurel, Maryland.

    Carter’s and OshKosh B’Gosh will open a 7,077-sq.-ft. store in April 2015.  

  • TGI Fridays names two digital marketing agencies

    Carrollton, Texas - In a move designed to offer its guests a more enhanced, robust and personalized experience both inside and outside of the restaurant, TGI Fridays has selected two new agencies – Made Movement (Made) and Meredith Xcelerated Marketing (MXM) – to manage all future digital marketing, e-mail and technology campaigns.

  • Westfield MainPlace to add two new restaurants in fall 2015

    Santa Ana, Calif. -- As part of Westfield MainPlace’s redevelopment plan, the Santa Ana, California, center announced two new dining destinations: Lucille’s Smokehouse Bar-B-Que and Wokcano. Slated to debut late summer/early fall 2015, these announcements come on the heels of three recent restaurant openings: Panini Café (December 2014), Dog Haus and Blaze Pizza (both November 2014).

  • Johnny Rockets names new operations head, execs

    Aliso Viejo, Calif. – Johnny Rockets has promoted James Walker to president of operations and development. Formerly Johnny Rockets' chief development officer, Walker was recently promoted because of his role in orchestrating the franchise's record growth and development since joining in December 2013.

  • Chuck E. Cheese’s taps Ecova for utility expense, data management services

    Spokane, Wash. -- Ecova announced it has been selected Chuck E. Cheese’s to provide utility expense and data management services. Ecova will assist the dining and entertainment company in monitoring, understanding and reducing energy use at approximately 525 locations nationwide.

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