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.
Nordstrom aims to significantly expand its presence in the United States and increase its number of Nordstrom Rack stores from 127 to more than 230 by 2016, starting with 24 new stores this year, according to a story in Women’s Wear Daily. The concept will
Canada-based yoga wear retailer Lululemon Athletica has mapped a growth plan that calls for opening standalone men’s stores beginning in 2016. The retailer already sells men’s apparel including golf polos and underwear in its existing women’s stores, and sales of menswear account for more than
Walton Street Capital reportedly has put the Westin Oaks Houston at the Galleria and the Westin Galleria Houston up for sale. The properties have a combined value of about $210 million. Read the American City Business Journals/Houston/Morning Call story here.
Pizza Hut franchisee NPC International Inc. has agreed to buy 24 Kansas City-area Wendy’s restaurants. Read the American City Business Journals story here.
Data by TravelClick show a 4.6 percent rise in hotel bookings in the leisure segment for the next 12 months, compared with 1.7 percent growth in the group sector. Bookings for individual corporate travelers have risen 7 percvent. Read the Los Angeles Times story here.
An estimated $3 billion project in Atlanta dubbed the Beltline is moving ahead with construction, which includes new housing and transit stations, green spaces, trails and parks. Work is expected to be finished by 2031. Read the Business Insider story here.
The natural catastrophes that hit the United States last year resulted in $110 billion in damage, making 2012 the second-costliest year since 1980 for such disasters, according to a report from the National Climate Data Center. Hurricane Sandy, drought, Midwest tornadoes and a “derecho” storm
Because many middle-class people from developing countries are traveling, Marriott is planning for global growth, despite economic concerns. Read the HotelNewsNow.com story here.
East Avenue Wegmans is taking on a whole new look, thanks to the Amore Italian Restaurant and Wine Bar. Amore is a sitdown, 85-seat restaurant along the upscale lines of Wegmans’ Next Door Bar & Grill in Pittsford. It is immediately adjacent to, and linked
Home improvement retailer Lowe’s will reportedly bid to acquire 60 of California-based Orchard Supply Hardware‘s 91 stores, with an option to acquire the others, in a $205 million deal expected to be in a proposed recent Chapter 11 bankruptcy filing. Lowe’s would be the so-called
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page