The Kalibrate news round-up: May 2025

In this monthly feature, we look across the industry and mainstream news to uncover stories of note that we think are worth your attention.

Why Jim N’ Nick’s BBQ pivoted from casual-dining to a fast-casual format

This Alabama-based emerging barbecue concept is now more focused on delivering an omnichannel experience.

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For the first time in about 50 years, Jersey Mike’s has a new CEO

Peter Cancro, the founder and CEO of Jersey Mike’s Subs, is stepping back from the leadership position following an $8 billion sale that made him a multibillionaire.

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Off-price retailer TJX beats sales estimate as tariff uncertainty looms large

TJX Companies posted better-than-expected Q1 sales at $13.11B and earnings of 92 cents per share, but warned of tariff-related cost pressures ahead.

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KFC to create 7,000 jobs in UK and Irish growth push

KFC has announced plans to create 7,000 new jobs across the UK and Ireland as rival fast food chicken chains such as Wingstop threaten to take a bigger bite of the market.

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Phillips 66 to sell 970 European retail sites for $1.6B 

About 840 of the sites operate under Phillips 66’s Jet fueling brand. The deal is expected to close in the second half of 2025.

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bp pulse, Waffle House boost EV charging

bp pulse and Waffle House have announced a strategic partnership to expand ultrafast EV charging across the United States.

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