Blackstone — page 4

Jersey Mike’s accelerates growth under Blackstone ownership, planning to open 350-400 stores per year by 2026 and 2027.

Peter Cancro has a couple of framed charts on the wall showing the steady slope of Jersey Mike’s expansion stretching to 1998.

The sandwich franchise industry remains a robust and dynamic sector within the fast-food landscape, offering a diverse array of concepts that cater to evolving consumer tastes.

Jersey Mike's opened its 3,000th location in Mountain Top, Pennsylvania, as part of a record-breaking year for the brand.

Jersey Mike's has agreed to sell a majority stake to private equity firm Blackstone in a deal valued at approximately $8 billion, with plans to accelerate growth and expansion.

Tropical Smoothie Cafe today announced that Max Wetzel, a restaurant industry leader with a proven track record driving growth and innovation at some of the most iconic quick service restaurant…

From premium tools and outdoor equipment to barbecue essentials from the best brands, Ace delivers service, convenience and value in one seamless shopping experience.

Ace Hardware hosted a two-day online sales event for Ace Rewards members, offering exclusive discounts on popular items, including grills, power tools, and lawn and garden supplies.

The grills were delivered to suburban fire departments including Bellwood, Brookfield, Elmhurst, Glen Ellyn, Hinsdale, Oak Brook, Villa Park, Westmont, York Center and many others.

Oak Brook, Ill. - In a bold move sure to set taste buds ablaze, Ace Hardware today announced the launch of Loud Mouth™ Barbeque – a revolutionary lineup of BBQ sauces and seasonings crafted to ensure that every bite is so unforgettable, it needs to be shared.

Levine Leichtman Capital Partners sells Tropical Smoothie Café, a phenomenal investment with robust franchise development activity and exceptional same-store sales growth.

Blackstone is acquiring Tropical Smoothie Cafe, a fast-casual franchisor with over 1,400 locations, to boost growth through marketing strategies and operational improvements.

Saudi Arabia's Public Investment Fund faces daunting challenges, including funding and contributing to the country’s Vision 2030 plan.

Abu Dhabi Global Market (ADGM) has concluded a successful 2023, solidifying its position as the fastest-growing financial center in the region for two consecutive years and establishing Abu Dhabi as a globally recognized financial hub.

The shift to working from home has led to a rise in office vacancies, causing headaches for property owners and potentially sparking a financial crisis.

Commercial properties in midtown Manhattan face financial difficulties due to the shift towards remote work.

Bobby's Burgers By Bobby Flay debuts its flagship restaurant in Charlotte, North Carolina, serving as a test kitchen for new recipes.

Private Equity Giants Take Over Insurance Market, with Blackstone, Apollo, and KKR emerging as the new kings of Wall Street, despite higher interest rates causing buy-outs to grind to a halt.

Investment tips for young adults include starting early, cutting costs, diversifying, and sticking to a strategy.

Rhone founders buy back L Catterton's stake with athlete backing

Ace Hardware breaks attendance record with 11,800 at Spring 2023 Convention

Julie Arrowsmith appointed President and Interim Chief Executive Officer of G6 Hospitality, parent company of Motel 6 and Studio 6 brands.

Taziki’s Mediterranean Café is once again making it easy to love what you eat with its new limited-time summer option - the Lamb Burger!

Rent-A-Center, Inc. has announced executive leadership changes to further position the company for long-term growth.