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  • SRS Real Estate Partners July transactions

    Dallas -- SRS Real Estate Partners (SRS) announces highlights of August transactions and new assignments.

    Atlanta:
    Shoe Carnival has executed a new lease for an 11,542-sq.-ft. space at Heritage Pavilion in Smyrna, Ga. The new location is expected to open in October 2013. SRS represented the tenant in this transaction. Developers Diversified Realty represented the landlord.

  • Old Navy to enter Philippines

    San Francisco -- Gap Inc. will open its first franchise-operated Old Navy stores in the Philippines in 2014. Earlier this year, the company announced that it would begin franchising Old Navy stores internationally.

    Gap will partner with Stores Specialists, which operates Gap brand and Banana Republic stores in-market, to open two Old Navy locations in the beginning of 2014 with plans to open additional stores by the end of the same fiscal year.

  • Food safety platform adopted by second ROFDA wholesaler

    A second Retailer Owned Food Distributors & Associates (ROFDA) wholesaler is adopting ReposiTrak, a food safety platform.

    Powered by Park City Group’s technology, ReposiTrak aims to help manage regulatory, financial and brand risk associated with issues of food safety in the global food supply chain, and remain in compliance with rapidly evolving regulations in the Food Safety Modernization Act.

  • DSW signs three leases from New York to Oklahoma

    Columbus — Designer Shoe Warehouse — DSW — has announced the opening of three new stores across the country.

    The locations are:

    • Colerain Ave. in Cincinnati, Ohio, opens Sept. 5
    • Veteran Parkway, Springfield, Ill., opens Sept. 5
    • Bowles Ave. in Littleton, Colo., opens Sept. 5
  • Dunkin’ Donuts opens on Kansas Turnpike

    Canton, Mass. -- Dunkin’ Donuts continues its growth in non-traditional locations with the opening of two locations on the Kansas Turnpike with franchisee Rosenfield Restaurants. A third is scheduled to debut in October.

    “Bringing Dunkin' Donuts to service plazas around the country is just one great example of how our brand is taking successful elements of our traditional locations and translating them into alternative points of distribution,” said Grant Benson, VP of franchising and business development, Dunkin' Brands.

  • Yankee Candle to be acquired in $1.75 billion deal

    New York -- Yankee Candle has agreed to be acquired by global consumer products company Jarden Corp. for $1.75 billion in cash from its private equity owner Madison Dearborn Partners. Yankee Candle, based in South Deerfield, Mass., operates about 575 stores in the United States and Canada.

    Madison Dearborn bought Yankee Candle in 2007 for $1.4 billion cash and the assumption of $300 million in debt.

  • Snyder's-Lance strengthens its national distribution network

    CHARLOTTE, N.C. — Snyder's-Lance has acquired all assets of Stateline Service Corporation, a snack food distributor in Massachusetts, as part of its growth initiative. 

  • New Red Robins for Baltimore and Pittsburgh metro areas

    Greenwood Village, Colo. — Red Robin Gourmet Burgers has announced the opening of two new restaurants. The first will open in Canton Crossing, Md., and Inner Harbor location in downtown Baltimore in late September. The second will open in Monroeville, Pa., at The District at Monroeville Mall outside of Pittsburgh in early October.

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