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7 Brew expands New Jersey footprint with 3 new sites (updated)
7 Brew is expanding in New Jersey with new drive-thru beverage locations planned in Flemington, Newton and Upper Saddle River.
Jersey Mike’s files for IPO, targets $12B valuation
Jersey Mike’s has filed confidentially for an IPO, with reports valuing the fast-growing sandwich chain at more than $12B ahead of a potential 2026 debut.
Jersey Mike’s names Allen chief financial officer
Michele Allen joins the fast-casual chain from Wyndham Hotels & Resorts, where she also served as CFO as well as head of strategy.
7 Brew Coffee to open drive-thru shop in Middle Township
The Arkansas-based franchise will officially celebrate its latest Garden State location Dec. 8, but will host pre-launch events and giveaways as part of staff training.
Jersey Mike’s taps Skehan to lead global expansion
The Manasquan-based chain appointed restaurant industry veteran Andrew Skehan as its first president of international to drive growth across Canada, the U.K. and beyond.
Jersey Mike’s adds Abercrombie CEO to board of directors
The Manasquan-based sub chain appointed Fran Horowitz as well as former AutoNation CEO Cheryl Miller to guide future growth.
Kushner lands $515M loan for Journal Square tower
Newmark secured the refinancing from Blackstone for phase one of The Journal, a nearly 1,000-unit luxury tower in Jersey City.
7 Brew debuts first drive-thru coffee stand in NJ
The new Turnersville location, which offers the brand's social media-famous 20,000 drink combos, is one of several planned for the area over the next few years.
Jersey Mike’s CEO Cancro steps down, Morrison named
Industry veteran and former Winstop CEO Charlie Morrison will succeed Peter Cancro, who celebrates 50 years with the company in 2025, and has grown the sub shop from one location to 3,000-plus.
Blackstone completes Jersey Mike’s Subs acquisition
The deal for the franchise, which started down the shore in the '50s with a single location, was reportedly valued at $8 billion.
Jersey Mike’s selling majority stake to investment giant Blackstone
Financial terms were not disclosed, but the transaction is reportedly valued at $8 billion, sources familiar with the matter told CNN.
Atlantic Power Transmission commits $50M to offshore wind industry
The Blackstone portfolio company, based in Princeton, will dedicate the funds to creating a workforce hub — including education, training and research institutions.
