Lovisa
Preferred Sq. Footage: 600-900 s.f.
12-Month Anticipated Openings: 50
The Australian jewelry chain hopes to open up to 50 new locations a year over the next three years in the U.S. Look for new mall units in Connecticut, Massachusetts, Colorado, New York and San Diego before the end of the year. The chain currently has 56 stores in 13 states and regional mall and shopping center sites are preferred.
Bluemont Group (Dunkin’)
Preferred Sq. Footage: 1,200-2,600 s.f.
Anticipated Openings: 40+ (through 2023)
The Dunkin’ franchisee plans to double its locations by the end of 2023. The newest unit opened last month in Alabaster, Ala., while a drive-thru-only unit is under construction in Chattanooga, Tenn. Bluemont currently owns and operates 43 Dunkin’ locations throughout Alabama, Georgia and Tennessee. Freestanding pads, regional mall, entertainment center and grocery-anchored sites are preferred.
The Hatchery
Preferred Sq. Footage: 2,400-2,600 s.f.
12-Month Anticipated Openings: 2+
The fast-casual, chicken-from-scratch restaurant concept opened its first unit late last month in South Tampa, Fla. Parent company FSC Franchise Co., which also owns Beef ‘O’ Brady’s and The Brass Tap, plans to open a second location in 2021 and franchise opportunities should be available in the next six to nine months. This first unit features counter service with 72 seats and a digital kiosk where customers can place their own order. Watch for the company to also explore the possibility of expanding future models to include drive-thrus. The brand plans to enter small and medium-sized locales that may not be big enough to accommodate a larger chicken chain. Freestanding pads are preferred.
Village Medical (VillageMD)
Preferred Sq. Footage: 2,500-3,000 s.f.
12-Month Anticipated Openings: TBD
In July, Walgreens announced it will invest $1B in equity and convertible debt into VillageMD over the next three years. The partnership plans to open 500 to 700 “Village Medical at Walgreens” physician-led primary care clinics in more than 30 markets over the next five years, with the intent to build hundreds more thereafter. This rollout follows a trial with five in-store clinics in the Houston area that started in October last year.
