Executive Team - Todd Shugarman

Todd has over 25 years of extensive experience in national territory development, strategic expansion, and real estate leadership across the fitness, retail, and consumer sectors.

Throughout his career, Mr. Shugarman has established a proven track record of delivering scalable growth strategies and profitable site execution. He has successfully supported organizations at all stages—from early stage emerging companies to Fortune 500 brands—most recently leading the growth of MY SALON Suite from a startup to more than 355 locations nationwide.

Todd’s experience in the fitness industry is especially notable. As Vice President of Development and Real Estate for Town Sports International (parent of New York Sports Clubs), he spearheaded real estate strategy and development efforts across key markets, contributing significantly to the brand’s footprint and operational success. Prior to that, he held senior development roles at Sunrise Senior Living and two private equity-backed startups, serving as VP of Development with responsibility for site selection, design, leasing, construction, and market analytics.

One of the most defining chapters of Todd’s career was his tenure at Starbucks Coffee Company during the brand’s early growth years. Serving as Director of Development, he led a regional team across real estate, design, and construction functions, successfully opening hundreds of high-performing locations while gaining deep insight into consumer behavior, urban planning, and branded space development.

His background also includes leadership roles with PepsiCo (now Yum Brands), Subway, and Balducci’s, as well as serving as Real Estate Domain Expert for the Highland Consumer Fund, where he advised portfolio companies on development strategy, market positioning, and expansion planning.

Todd brings end-to-end expertise in all facets of real estate and store development—including branding, site selection, acquisitions, lease negotiations, construction, asset management, and portfolio optimization. His strategic vision, operational discipline, and market acumen will play a critical role in accelerating Retro Fitness’s growth and elevating its presence across the country.