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Foodservice

  • Sonic Drive-In entering Rhode Island as it expands in Northeast

    Oklahoma City -- Sonic Drive-In announced two new agreements for franchise development in Rhode Island, the 45th state for the expanding brand. A mainstay in the South and Central Plains, the chain is aggressively expanding in the Northeast.

    The first new Sonic franchisee for Rhode Island will bring the state its first location in the Providence, Rhode Island, market in mid-2015, with plans for more down the line.

  • JCR acquires Maryland shopping center for $22 million

    Washington, D.C. -- The JCR Companies has acquired Manokeek Village Shopping Center in Accokeek, Maryland, just 10 minutes from the Washington, D.C. Beltway, for $22 million. The seller was Klaff Realty.

    The 90,172-sq.-ft. grocery-anchored shopping center is located at the intersection of Manny and Berry Roads in Prince George’s County.

    Anchored by Giant Food, Manokeek Village is more than 90% leased to a lineup of retailers including Starbucks, Wendy’s Advance Auto, SunTrust Bank, and 7-Eleven.

  • Dunkin’ Donuts plans Alabama expansion

    Canton, Mass. - Dunkin' Donuts is recruiting franchisees to develop an estimated 10 new Dunkin' Donuts restaurants throughout Birmingham, Alabama, and the surrounding areas. In addition, a number of existing operating restaurants may be available for purchase.

    Currently there are 21 Dunkin' Donuts restaurants operating in Alabama.

  • Pantry produces Q1 profit

    Cary, N.C. – The Pantry Inc. is heading into its pending merger with Alimentation Couche-Tard Inc. in a profitable state. During the first quarter of fiscal 2015, The Pantry reported net income of $18.9 million, compared to a net loss of $5.1 million in the same quarter a year earlier.

  • Ranks of C-stores continue to swell

    New York -- Small formats are all the rage in retail these days, so no wonder the latest data from Nielsen shows 2014 was another year of record growth.

    The U.S. convenience store count increased to 152,794 stores as of Dec. 31, a nearly 1% increase from the year prior, according to the 2015 NACS/Nielsen Convenience Industry Store Count.

  • Thorntons has refreshing results from rewards program

    Louisville - Gasoline and convenience-store chain Thorntons Inc. is receiving its own refreshing results from its Paytronix-powered “Refreshing Rewards” loyalty program. Since the program was launched in September 2014, Thorntons Refreshing Rewards program managers have been successfully using targeted promotions to get members to visit more frequently and are leveraging program data for category management.  

  • Wawa rewards customers with new app

    Fans of Wawa may be excited to learn about the innovative new programs the convenience retail chain has rolled out.

    The new initiatives -- the Wawa Mobile App and the Wawa Rewards program -- are now available for free through the App Store for Apple devices and through Google Play for Android devices.

  • Paster Properties renovating Northway Center

    St. Paul, Minn. -- Paster Properties announced that Northway Center is undergoing major interior and exterior renovations, scheduled to be completed summer 2015. The 92,197-sq.-ft. center is located in Lexington, Minnesota.

  • Retail sales ready to rise on cheap gas

    Shoppers are ready to spend this spring thanks to a precipitous decline in gas prices and an expectation that prices will stay low.

    A new study suggests that most Americans are optimistic about the economy, thanks to the continuing slide in gas prices. A survey of gas consumers found that 57% of Americans are optimistic, including nearly two-thirds (65%) of those ages 18-34.

  • Corner Bakery Cafe names former YUM exec as new CFO

    Dallas -- Corner Bakery Café has named Salil Bapat as CFO, effective immediately. Bapat previously was CFO for YUM Brands' Latin America and Caribbean region.

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