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Gap to focus on off-mall stores, grow Old Navy

Gap outlined plans this week to increase its focus on off-mall and outlet stores as well as e-commerce. The company will shutter 220 namesake and 130 Banana Republic stores over the next few years, while opening up to 40 new Old Navy stores and about

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Bloomin’ Brands to grow virtual concept to 12 new markets

Bloomin’ Brands will roll out the test of its virtual chicken concept Tender Shack to 12 more US markets in partnership with DoorDash. Tender Shack’s food, available for delivery only, is prepared in the kitchens of Bloomin’ Brands-owned restaurants Carrabba’s Italian Grill and Outback Steakhouse.

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Arby’s opens first eatery in Mexico

Arby’s has seen strong US sales growth during the pandemic and the chain broke into the Latin American market this week with the opening of a restaurant in Guadalajara, Mexico. The new location will be the first to sell beer, and menu items tailored to

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Marriott poised for total possession of German chain

Marriott International‘s holding company has made a formal request for full ownership of Berlin-based Design Hotels, of which it holds 95%. If shareholder approval is obtained, Marriott says it will operate Design Hotels as its wholly owned brand rather than as a separate entity. Read

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