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.
Yum! Brands and its franchise partners will invest $10 billion in the next seven years to build its presence in seven emerging markets including India, China, Africa and Brazil to more than 20,000 restaurants. In India, the parent of KFC, Taco Bell and Pizza Hut
Target Corp. is testing a new hands-on electronics department format, according to the Minneapolis Star Tribune. The retailer is testing the new concept, which features waist-high, bright white tables and displays, in Minneapolis stores in Brooklyn Park, Mankato, Ridgedale and the Quarry, as well as
RadioShack has opened its first Boston-area concept store in Cambridge, Mass. Located in Porter Square, the completely remodeled store features a more open format, showcases the company’s new look and incorporates interactive areas designed to help shoppers improve their technology profile. Design features include: newly
Work has begun on a mixed-use project in Charleston, S.C., anchored on a dual-branded Hyatt hotel. The hotel will comprise a 191-room Hyatt Place hotel and a 113-room Hyatt House property. The $85 million project, which is expected to finish in 2015, includes events, office
Bob Evans Farms could raise $723 million by selling the 482 restaurants it owns and leasing the space back from the new owners. The company’s largest shareholder is pushing for the chain to sell the real estate and use the proceeds to buy back Bob
Sports Authority recently opened its first Puerto Rico store in October. Located in Plaza del Caribe in Ponce, the 35,000-square-foot store features a new format designed to make it easier for customers to find what they need, with specialty sport shops and a spacious new layout.
TJX announced expansion plans aimed at boosting its annual revenue to $46 billion from $25.88 billion last year. The parent of Marshall’s, TJ Maxx and HomeGoods plans to open new stores in the United States and Canada and enter new markets in Europe including France,
Novotel is counting on its flagship Novotel New York Times Square property to popularize the Novotel brand among globetrotting U.S. travelers. Americans account for 20 percent to 25 percent of guests at Novotol properties around the world. Novotel is focusing its expansion on the Asia
The first Hotel Indigo in Anaheim, Calif., has opened in what was previously a Holiday Inn Express. Indigo and Holiday Inn Express are both InterContinental Hotels Group brands. Read the Travel Weekly story here.
Wal-Mart led the country on solar implementation for the second consecutive year, with solar installations generating 89 megawatts at 215 locations, according to the annual Solar Means Business Report. Several other retailers made the list’s top 25, including Costco, Kohl’s, Apple, IKEA, Macy’s, Bed Bath
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