Michael Pallerino - CCR-Mag.com

MCR to make $1B in Marriott, Hilton hotel buys

Michael Pallerino

MCR has raised $1 billion to create a 50-property portfolio consisting of Hilton– and Marriott-branded properties. The company will buy

Hudson’s Bay announces store closings

Michael Pallerino

Hudson’s Bay Co. is closing 10 Lord & Taylor stores, including the Fifth Avenue store in New York that it

Construction spending up 7.6% over last year

Michael Pallerino

Construction spending has increased 7.6% year over year after rising 1.8% in April, according to the Commerce Department. It was

McDonald’s sets up shop in downtown Chicago

Michael Pallerino

McDonald’s has completed the move of 2,000 employees from its suburban Illinois campus to its new $250 million downtown Chicago

Hyatt plans rapid China expansion

Michael Pallerino

Hyatt Hotels executives say revenue from China is expected to double during the next five years. Read the CNBC story

Retail operator AS Watson to grow by 1,300 stores globally

Michael Pallerino

AS Watson Group, the owner of 12 different retail banners including The Perfume Shop and Superdrug, will open 1,300 new

Target to add 3 smaller-format stores in Seattle

Michael Pallerino

Target has announced plans to open three urban, smaller-format stores in the Seattle area over the next two years. The

Nordstrom to expand Local concept in Los Angeles

Michael Pallerino

Nordstrom will open two more Local stores in Los Angeles, the retailer’s largest market where it also operates 16 full-line

How indie bookstores grow in the age of Amazon

Michael Pallerino

Independent bookstores weathered the rise of big chains Borders and Barnes & Noble and the emergence of Amazon, and membership

Africa’s andBeyond plans Sept. opening in Chile

Michael Pallerino

High-end safari favorite andBeyond is getting ready to bring the full force of its brand of luxe getaways out of

IKEA rethinks US store expansion

Michael Pallerino

IKEA has dropped plans to open new stores in North Carolina, Arizona and Nashville as the Sweden-based furniture retailer shifts

Newmark Group to acquire RKF Retail Holdings

Michael Pallerino

Newmark Group aims to expand its retail services platform with the acquisition of RKF Retail Holdings. RKF specializes in retail

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MCR to make $1B in Marriott, Hilton hotel buys

Hudson’s Bay announces store closings

Construction spending up 7.6% over last year

McDonald’s sets up shop in downtown Chicago

Hyatt plans rapid China expansion

Retail operator AS Watson to grow by 1,300 stores globally

Target to add 3 smaller-format stores in Seattle

Nordstrom to expand Local concept in Los Angeles

How indie bookstores grow in the age of Amazon

Africa’s andBeyond plans Sept. opening in Chile

IKEA rethinks US store expansion

Newmark Group to acquire RKF Retail Holdings

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