Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Buffalo Wild Wings will add new fast-casual concepts, grow internationally and beef up its investments in new technology including table-side tablets in its quest to grow from about 1,000 casual dining units to 3,000 locations under multiple banners, according to company executives. Read the Nation’s
Chick-fil-A retained its title as top U.S. chicken chain last year, widening its lead over rival KFC, which is still much larger internationally, according to Technomic. Chick-fil-A’s 1,775 stores did $5.05 billion in sales last year, compared to $4.22 billion at KFC’s 4,438 restaurants. Read
French jeweler Cartier will close its flagship on New York City’s Fifth Avenue for two years for renovations, and move north to space in the General Motors Building, which may become a permanent second store after the original reopens. The original store sits in a
Atlanta-based grass-fed burger chain Farm Burger will head across the country to Berkeley, Calif., to open its fourth location, according to BurgerBusiness.com. Co-owners George Frangos and Jason Mann source their produce from local organic growers and buy cattle that they contract with local farmers to
Subway ranked third overall on Entrepreneur‘s 2014 list of the top 500 franchises, and the sandwich chain was named the fastest-growing franchise company across all industries. Jimmy John’s, Pizza Hut and Dunkin’ Donuts made the top 10, and another 12 restaurant chains were ranked among
Deals will flow even more freely during 2014 than they did a year ago, according to panelists during the closing general session of the recent 26th annual Hunter Hotel Investment Conference. Read the HotelNewsNow.com story here
The landmark Georgian Terrace hotel in Atlanta has been sold to Sotherly Hotels for $61 million. The purchase marks Sotherly’s entry into the Atlanta lodging market. Chesapeake Hospitality was chosen to manage the 326-room property. Read the American City Business Journals/Atlanta story here
A groundbreaking ceremony recently was held for a planned 180-room Sheraton Hotel in Mesa, Ariz. The property will be part of the Wrigleyville commercial area and will include a conference center, restaurants, a fitness center and a bar. The hotel is scheduled to open in
Fast Retailing‘s 90,000-square-foot Uniqlo flagship on New York City’s Fifth Avenue has become the first specialty fashion store to include an on-site Starbucks. The store also boasts a 200-piece apparel collection depicting works of famous artists, through a partnership with the city’s Museum of Modern
A study by the Global Business Travel Association titled “The U.S. Business Travel Industry: Road Warriors’ Impact on Jobs and the Economy” found that corporate travel played a significant role in improving the U.S. economy, accounting for $491 billion — or 3 percent — of
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