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.
Summit Hotel Properties has closed on a deal to buy the 252-room Holiday Inn Express & Suites San Francisco Fisherman’s Wharf for $60.5 million. Summit purchased the property through a joint venture with an affiliate of InterContinental Hotels Group, which will own 20 percent of
Conversion plans for the closed Sahara Hotel and Casino in Las Vegas are poised to forge ahead since developer SBE Entertainment has obtained $415 million in financing for the project. Read the Las Vegas Review-Journal story here.
U.S. consumers are on track to drive restaurant traffic about 3 percent higher this year, but they play to shave about 4.7 percent off the average check by seeking out coupons, discounts and deals, according to new research from AlixPartners. Read the Reuters story here.
Meijer is investing more than $160 million in new store construction and remodeling. The investment includes the construction of six new Meijer supercenters, and five major remodel projects. Michigan, Indiana and Illinois will each welcome two new Meijer supercenters. The remodels planned at an additional
Meijer is investing more than $160 million in new store construction and remodeling. The investment includes the construction of six new Meijer supercenters, and five major remodel projects. Michigan, Indiana and Illinois will each welcome two new Meijer supercenters. The remodels planned at an additional
Apple Inc. will shut down 20 stores and move them to new, larger locations, according to the Los Angeles Times. Apple recently said it wants to expand these stores to meet capacity demands. The company also will open 30 additional stores at new locations, mostly
Starbucks Canada plans to open more than 150 stores across Canada in 2013, according to the Seattle City and Press. The store openings will mark the company’s largest-ever expansion, and will include a number of new units in Target stores. With more than 1,200 locations,
Gander Mountain is giving more space to guns and related accessories at store at its store in Reynoldsburg, Ohio. According to Chain Store News, the outdoors retailer has renovated the location into the Gander Mtn. Firearms Super Center. The redesigned Reynoldsburg store offers thousands of
Weis Markets plans to open two new stores in suburban Baltimore in March, according to Supermarket News. Both stores, located in Towson and Woodlawn, Md., are former SuperFresh locations. Weis said it invested $14 million in the two stores for renovations. Both locations will feature
Corner Bakery Cafe plans to open 16 restaurants in six counties in the greater New York City area as part of a recent multi-unit agreement with CBCWSNY. According to Chain Store News, the group of restaurant operators plans to open its first restaurant in 2013
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