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Express to open 30+ Central and South American stores over 5 years
Columbus, Ohio -- Express said Friday that one of its subsidiaries has entered into a franchise agreement with Fastco Commercial S.A., a retail franchise operator, to open more than 30 Express stores over a five-year period in Panama, Peru, Costa Rica, Colombia, The Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras and Nicaragua.
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The Pantry to remodel 160 stores annually
New York -- The Pantry is giving its stores a makeover. The chain will remodel 10% of its store portfolio, or approximately 160 locations annual, until it completes the job, said Pantry president and CEO Dennis Hatchell on the company’s third-quarter sales call.
The remodeling program will be store specific, according to Hatchell. He said the chain now has the scan data to execute a customized store set, and that it has a series of distinct demographic types.