The Kalibrate retail round-up: May 2024

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

May 29, 2024|2 minutes

TJX, the world’s largest off-price retailer, is poised to get a lot bigger

Good news for fans of discounts – TJX is posed to add 1,300 more stores globally in the years ahead. According to analysts, TJX is now the world’s largest off-price retailer, and its success sees no signs of slowing.

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L&L Hawaiian Barbecue announces Q1 grand openings

After opening 18 new locations in 2023, L&L Hawaiian Barbecue has added units in Colorado and Texas this year. There’s also more information about the franchise model in this QSR Magazine write up.

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Top grocery M&A deals so far in 2024

Regional merger and acquisition activity has gathered pace in 2024 and Grocery Dive has helpfully summarized the key deals seen so far.

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Burger King parent company completes acquisition of Carrols Restaurant Group

Restaurant Brand International Inc., parent to Burger King has completed its acquisition of Carrols Restaurant Group. The deals sees RBI take ownership of the largest Burger King franchise in the US as part of its ‘Reclaim the Flame’ project.

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Here’s how eatertainment is evolving and sticking around for a long time

Having just sampled Flight Club while at the ICSC show in Las Vegas, we appreciated this discussion of the growth and endurance of eatertainments concepts by Nation’s Restaurant News.

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Monster Mini Golf franchisor plans 18 more venues across US by 2025

Continuing the theme of eatertainment, Monster Mini Holf is adding to its 30 venues with an announcement for 18 more sites by the end of 2025 – all of which will open in five new states.

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