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.
Sam’s Club is taking steps to grow its store base, including adding brands and offering a new membership that gives rebates based on purchases. Read The Wall Street Journal story here.
Smoothie King Franchises is opening its first location under its new expansion plan in Aventura, Fla. Read the QSR Magazine story here.
InterContinental Hotels Group has launched a new series of initiatives for its Crowne Plaza brand as it works to create a more consistent brand image and enhance the guest experience for its customers. The company has identified several key areas that it wishes to improve,
Red Robin Gourmet Burgers, which reported a 3.4 percent rise in third-quarter revenue and a 1.1 percent increase in same-store sales, is testing transformations at its full-service restaurants to make the experience more “relevant to our guests and to attract them more often. Read the
Superstorm Sandy could result in $10 billion to more than $20 billion in damages, according to some experts. More than 6 million people are without power. In New York City, flooding was reported at two commuter tunnels and a fire in Queens destroyed an entire
Travel in 2013 will see more trips to historical sites, family travel to exotic destinations and extended luxury vacations, according to luxury-travel firm Cox & Kings, which has unveiled its forecast for next year’s travel trends. Read the TravelAge West story here.
Choice Hotels International is experiencing increased growth, executing 89 new domestic hotel franchise contracts during the third quarter, 10 more than last year’s total during the same period. Read the HotelNewsNow.com story here.
Broncos quarterback Peyton Manning will invest in 21 Papa John’s franchises in the Denver market. Manning’s involvement with Papa John’s goes back to 2011 when he was featured in the restaurant’s free-pizza giveaway to customers who correctly guessed the coin toss for Super Bowl XLVI.
Data from STR Global show third-quarter performance by U.S. hotels improving across all key metrics, although growth in revenue per available room slowed slightly. Industrywide revPAR grew 5.1 percent, to $72, while average daily rate increased 3.9 percent, to $107.34, and occupancy grew 1.2 percent,
Sales growth at Chipotle Mexican Grill has slowed in the last couple quarters, prompting the brand examine possible fixes, including adding a breakfast menu and drive-through windows. Some industry watchers caution about making changes that could make the fast-casual burrito chain look more like a
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