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  • McDonald’s same-store sales mostly show improvement

    Oak Brook, Ill. - McDonald's Corporation reported increased same-store sales in all but one segment during August 2013. Same-store sales increased 0.2% in the U.S. compared to the same month in the previous year, and also grew 3.3% in Europe and 1.9% globally.

    However, same-store sales in Asia-Pacific, Middle East and Africa (AMPEA) declined 0.5%. McDonald’s cited negative sales results in Japan and China, partially offset by positive results in many other markets and the shift in timing of Ramadan. Systemwide sales improved 2.8%.

  • Perkins unveils franchise plans for Iowa and Nebraska

    Memphis, Tenn. — Perkins Restaurant & Bakery has announced a six-unit franchise development agreement in Iowa and Nebraska over the next six years. The franchisee, CyHawk Hospitality Inc., currently operates six Perkins Restaurants and Bakeries — five in Iowa and another in Independence, Mo.

    The first of the six new units opened in July in Ankeny, Iowa. Another location in Norfolk, Neb., has broken ground with an anticipated opening later this month.

     

  • Cobbs Ford Village adds three tenants

    Prattville, Ala. — Cobbs For Village, a 2.52-acre inline shopping center currently under construction in Prattville, Ala. is adding three tenants to its lineup.

    Smashburger, Gigi’s Cupcakes and Chipotle Mexican Grill have signed leases with GBT Realty Corp. and will take up residence when the center opens next spring.

    The new tenants join previously announced Starbucks Coffee, Aspen Dental and Firehouse Subs. GBT Realty is currently in lease negotiations for two of the four remaining available spaces.

     

  • 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.

  • Shelter Cove signs two new tenants

    Hilton Head Island, S.C. — Shelter Cove Towne Centre has signed letters of intent with two new tenants: Heritage Fine Jewelry and Jake’s Wayback Burgers.

    A joint venture between Blanchard & Calhoun Commercial and Kroger Real Estate, Shelter Cove is being developed into a destination for Hilton Head residents and the area’s 2.5 million visitors. The project includes plans to redevelop the existing mall into a walking village that will consist of 290,000 sq. ft. of retail space anchored by Kroger and Belk.

     

  • Johnny Rockets rockets into Tegucigalpa

    Aliso Viejo, Calif. — Honduras has welcomed Johnny Rockets to its first location in the country at City Mall Tegucigalpa. It is the second Central American restaurant — the first opened in Panama City in 2010. The new restaurant spans 2,266 sq. ft. plus a 365-sq.-ft. terrace. It seats 105 diners.

    The largest shopping center in the Honduran capital, City Mall features more than 300 shops and restaurants; eight Cinemark theatres; and parking for 1,500 cars.

     

  • A Golden Week at Westfield San Francisco Centre

    Westfield San Francisco Centre has embraced the National Day Golden Week holiday that runs from Oct. 1- Oct. 7 every year — in China.

    During Golden Week, more than 120 million residents of the People’s Republic of China travel to visit family and friends in the People’s Republic and overseas. Large numbers visit San Francisco, home of the largest Chinatown outside of Asia.

  • 20 Togo’s for Oregon and California

    San Jose, Calif. — Togo’s Eateries has announced two multi-unit franchise agreements to develop 20 new restaurants in Oregon and California over the next several years.

    Togo’s Franchisee Mark Fischer will open 10 restaurants in Portland, Ore., and 10 additional locations in Los Angeles County. The first will open in Portland in the first quarter of 2014.

    Fischer and his parterns currently own and operate two California restaurants in Stockton and Tracy, Calif.

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