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  • Kay Jewelers opens at Plymouth Meeting Mall

    Plymouth Meeting, Pa. — Kay Jewelers has opened a 1,400-sq.-ft. store at Plymouth Meeting Mall on the second level, just inside the mall nearest the restaurant plaza entrance.

    Owned, managed and leased by Pennsylvania Real Estate Investment Trust www.preit.com, the mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

    Uncle Julio’s Fine Mexican Food Restaurant will also open at Plymouth Meeting Mall during the 2013 holiday season.

     

  • McAlister’s Deli to develop 17 restaurants in Indiana, Georgia, and South Carolina

    Alpharetta, Ga. -- McAlister's Deli announced plans to develop 17 restaurants in Indiana, South Carolina, and Georgia as part of new multi-unit development agreements with two existing franchise groups.

    "We are pleased that our existing franchisees are continuing to expand with McAlister's Deli," said McAlister's Deli president and CEO Frank Paci. "Their commitment to develop demonstrates their confidence in the brand's strength and its ability to provide franchisees with an attractive investment."

  • Private equity firms acquire The Coffee Bean & Tea Leaf

    Boston — A group of private equity companies, including Advent International and CDIB Capital, have joined together to acquire a significant equity position in International Coffee & Tea, which owns and operates stores under The Coffee Bean & Tea Leaf banner, with an eye on expanding in Asia. Other investors participating in the transaction include Mirae Asset Private Equity and the Sassoon family (the latter is the largest existing shareholder of The Coffee Bean, and is remaining as a substantial shareholder).

  • Dunkin’ Donuts to enter United Kingdom with 50 locations in five years

    Canton, Mass. -- Dunkin’ Donuts announced that it has signed agreements with two franchise groups to begin developing Dunkin' Donuts restaurants in the United Kingdom. The two agreements call for the development of 50 Dunkin' Donuts restaurants in Greater London over the next five years, with an initial focus on North London and East London.

  • Fractured Prune Doughnuts plans 50 new stores

    Ocean City, Md. — Fractured Prune Doughnuts has announced a national expansion projecting 50 new store agreements in the next six months. The next Fractured Prune www.fracturedprune.com will open in St. George, Utah, on Sept. 24.

    The brightly colored doughnut shops promote always hot doughnuts, available all ways and offers 15 glazes and 15 toppings.

     

  • McDonald’s testing payment app

    New York -- McDonald’s is testing a mobile order and payment application in Austin, Texas, and Salt Lake City, Bloomberg News reported.

  • Winick signs Bareburger into Columbus Square

    New York — Organic burger restaurant Bareburger has signed a lease for 1,875 sq. ft. at 795 Columbus Avenue in New York City. It will be the chain’s first Upper West Side location as well as the first sit-down restaurant to lease space in the Columbus Square development project.

    Winick Realty Group represented Bareburger in the transaction.

     

  • Krispy Kreme readies first Moscow store

    Winston-Salem, N.C. - In collaboration with Russian restaurateur and franchise partner Arkady Novikov, owner and operator of LLC Doughnuts Cafe, the first Krispy Kreme doughnut shop in Moscow is scheduled to open on Sept. 12.

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