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.
Fast-fashion chains are opening fast at malls in San Diego and in other parts of the U.S., proving popular with budget-conscious style fans. Charlotte Russe, H&M and Forever 21 are expanding and have stores in several local malls, while stores such as Foreign Exchange, rue21
With nearly 400 locations now across Brazil, Giraffas has emerged as the country’s third-largest quick-service concept. Today, company executives are setting their sights on an international development plan targeted to bring the upscale Brazilian steakhouse model to U.S. diners. With four Giraffas already in Miami, by
Sprouts Farmers Market is scheduled to open the first store in five years in its home state of Arizona. The last Arizona stores it opened in 2007 were located in Gilbert and Chandler. Two more Arizona stores are scheduled to open next year — one
Reebok opened its first Reebok Fit Hub in the United States on Fifth Avenue at 37th Street in Manhattan. The 2,500-square-foot store, located on the top of a Reebok CrossFit Box gym, also gives fitness advice to consumers from in-store experts. The Fit Hut features
As the back-to-school season heads into the home stretch, there are signs pointing to a stronger sales season than retailers saw last year, including stronger consumer sentiment and higher July sales. School and college shoppers still had about half their shopping to do after the
Travel continues to flourish amid a weak economy, driven primarily by demand in the luxury segment, according to travel agents attending the trade show Virtuoso Travel Week in Las Vegas recently. Read the TravelMarketReport.com story here.
Strategic Hotels & Resorts has announced its acquisition of the historic Jumeirah Essex House hotel in New York for $362.3 million and plans to rebrand the property as a JW Marriott hotel. The 509-room hotel will undergo an $18.3 million renovation after the deal closes
Accor officials hope that the redefined brand structure will help the company bid on more business in North America. When Accor sells off its Motel 6 brand in October, it will still have a handful of Novotel and Sofitel locations. Read the BusinessTravelNews.com story here.
A large parcel of land in New York could become home to a 300,000-square-foot hotel under plans by Riu Hotels & Resorts, which purchased the site for $111.1 million. The planned Riu Plaza New York Times Square, which would have more than 600 rooms, is
Dots plans to grow into a 1,000-store, national fashion retailer. The company has hired Lisa Rhodes, former senior vice president of Walmart’s U.S. apparel merchandising division, as CEO. The retailer also plans to create a Dots merchandise center in New York.
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